Samsung announced it will assemble a $17bn semiconductor factory in Texas, during the global shortage of chips used in phones, cars, and other electronic devices. The factory will be the South Korean company’s biggest North American asset and is expected to commence operation in the second half of 2024. Real Reasons? There are commercial reasons, […]<
South Korean tech giant Samsung Electronics expects to invest $230 billion over the next 20 years to develop what the country’s government called the world’s largest chip-making base, in line with efforts to boost the national chip industry. Samsung’s around 300 trillion won project is part of a 550 trillion won private-sector investment plan unveiled […]
Japanese watchmaker Casio Computer has partnered with Finnish heart rate monitoring pioneer Polar Electro for its latest fitness smartwatch, the two companies said on Tuesday. Casio launched what it called its first smartwatch in 2021 using Google’s Wear operating system, entering the wearables market dominated by Apple and Samsung. Casio will add Polar’s technology to […]
Nokia said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry of a previous agreement at the end of 2022. “Under the agreement, which covers Nokia’s fundamental inventions in 5G and other technologies, Samsung will make payments to Nokia for a multi-year period beginning 1 January 2023,” the Finnish […]
Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year. All three major stock indexes extended Friday’s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares. “(Chips are) a group that’s […]
Apple Inc is planning to start using its own custom displays in its mobile devices from 2024 onwards in an attempt to bring more components in-house, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The company intends to begin by swapping out the display in the highest-end Apple Watches by the […]
Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. The investment may total up to $400 million, one of them said. The plan underscores efforts by […]
2022 has been full of new mobile devices with never-before-seen features for Apple stans and Android fans alike. If you’re thinking of upgrading your business comms set up, but not sure on what’s best for your needs, Kristian Torode, Director and Co-Founder of business mobile provider Crystaline, recaps the latest devices to hit the shelves in the past […]
Dubai, UAE, 24 November 2022: In celebration of the much-anticipated football season, Samsung is set to give the MENA region its first-ever Roblox Space Cup tournament in December. Samsung released Space Tycoon, a virtual playground built inside the global Metaverse platform Roblox earlier this year, targeting primarily Gen Z customers to create, play games and share […]
Samsung Electronics said on Thursday its supply of memory chips will grow faster than its peers and its investments will proceed as planned, bucking the broader industry move to scale back output and spending amid growing recession fears. Samsung’s apparent confidence indicates it intends to use a sharp and sudden downturn in worldwide tech demand […]
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