South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.
South Korea's Samsung Electronics Co Ltd (005930.KS) has secured a license to invest $3 billion to expand its production in northern Vietnam, the Vietnamese government said.
Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.
Hon Hai Precision Industry Co Ltd (2317.TW), the world's largest contract electronics manufacturer, will partner with flat-panel maker Innolux Corp (3481.TW) in investing T$86.8 billion ($2.8 billion) in a panel-producing plant in Taiwan, the firms said.
Xiaomi Technology Co Ltd [XTC.UL] said on Wednesday it has made $300 million investment in online video provider iQiyi. The investment in iQiyi followed a separate stake purchase deal Xiaomi announced last week in China's largest video streaming site Youku Tudou Inc.
Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electronics and circuitry.
Samsung Electronics expects high single-digit revenue growth in 2014, compared with the 50 to 60 percent annual expansion of the last few years, as the global economic malaise trickles down to the continent.
South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.
Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.
Wearable device maker Jawbone unveiled a set of new fitness trackers called "UP Move" and "UP3" that track details of workouts, hours slept and heart rate.
Sony Corp (6758.T) posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring program is paying off.
Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing.
GoPro Inc (GPRO.O) forecast better-than-expected holiday quarter sales, underscoring the increasing popularity of its wearable cameras among surfers, skydivers and other action junkies.
Japanese video game maker Nintendo Co Ltd will develop a device to measure a user's fatigue and map their sleep, Chief Executive Satoru Iwata said on Thursday, the first offering from the company's newly created healthcare division.
Hewlett-Packard Co has taken a modest step toward re-imagining the venerable personal computer, merging a 3D scanner and projector with an all-in-one PC to create a $1,899 ensemble it hopes can rekindle industry interest.
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