Weather New York, NY +71°F

Samsung Electronics

Xiaomi

China's Xiaomi to buy stake in software firm Kingsoft from Tencent

China's Xiaomi Inc [XTC.UL] has agreed to buy about 3 percent of software firm Kingsoft Corp Ltd from Tencent Holdings Ltd for HK$527 million ($67.99 million), according to a Kingsoft filing on Monday.

Read Full Article
BlackBerry Ltd.

Samsung talks to BlackBerry about $7.5 billion buyout - source

Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

Read Full Article
Facebook

Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker

Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China's top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialized, several people with knowledge of the matter told Reuters.

Read Full Article
Wireless link between two cars

Wireless charging inches ahead as two industry groups merge

Two of three global industry groups vying to establish a dominant standard for wireless charging technology have agreed to merge, bringing consumers a small step closer to throwing away their smartphone power cords.

Read Full Article
Cars

Hyundai Motor promotes younger executives, with eye on succession planning

Hyundai Motor and affiliate Kia Motors promoted younger executives on Friday, in moves analysts said would help smoothen an eventual leadership succession at the family-owned conglomerate.

Read Full Article
Samsung Galaxy S5

Samsung's Cheil doubles upon debut after $1.4 billion listing

Shares in Cheil Industries Inc (028260.KS), the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate.

Read Full Article
Taiwan

Taiwan probe finds 12 smartphone brands violate privacy rules

Taiwan has identified 12 smartphone brands that do not conform with privacy standards, and the handset makers could face fines or a ban unless they address the breaches, an official at the telecoms regulator said on Friday.

Read Full Article
Samsung Electronics logo

Samsung Electronics exits fibre optics amid sharper focus on reviving smartphones

Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.

Read Full Article
Samsung Electronics

Staff fear the chop in Samsung Electronics annual reshuffle

Insiders say staff at Samsung Electronics have never been so anxious ahead of the annual reshuffle, as a weak smartphone performance and its worst earnings in three years are expected to cost many jobs.

Read Full Article
Internet Cafe

Internet-connected device sector deals accelerating, report finds

Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.

Read Full Article
Samsung

Samsung Electronics to buy back $2 billion in shares

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.

Read Full Article
Samsung

Samsung Group sells shares in chemical, defense arms for $1.7 billion

South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.

Read Full Article
Samsung Electronics logo

Samsung Electronics wins $3 billion Vietnam project license

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.

Read Full Article
Playstation 4

Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors

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.

Read Full Article
Samsung Electronics' headquarters

Samsung Electronics chases curved smartphone wave to beat flat-screen crowd

Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate.

Read Full Article
1 2 3 4 5 6

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics