Business
Surging memory chip prices dim outlook for consumer electronics makers
AL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi…
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Electronics
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Sony to cede control of Bravia TVs to China’s TCL Electronics
TCL will produce televisions carrying the Sony and Bravia names, but using its own display technology Sony Group is spinning off control…
Business
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive…
Business
OCBC files bid to wind up consumer electronics trader TT International
OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a…
Business
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality South-east Asia’s digitalisation represents an…
Business
Vietnam's Electronics Sector Sets Export Record Amid Global Challenges
Vietnam's electronics sector has set a new export record this year despite increased tariffs and trade barriers in important markets.…
Business
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company Ecarx Holdings, the Nasdaq-listed…
Business
Samsung Electronics family to sell 1.7 trillion won stake amid share rally
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its…
Business
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for…
Business
LG Electronics’ India IPO said to attract Singapore’s GIC, Abu Dhabi and Norway wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…
Business
LG Electronics India starts taking bids for US$1.3 billion IPO
The South Korean parent is offering as many as 101.8 million shares of LG Electronics India at 1,080 rupees to 1,140 rupees each LG…
Business
LG Electronics’ US$1.3 billion India IPO fully subscribed on first day
The share sale signals growing confidence that investor demand can absorb large issuances despite the headwinds facing the local stock…
Business
LG Electronics aims to make India a global manufacturing hub with local unit’s listing
LG Electronics is looking to position India as a global manufacturing hub, an executive of its Indian unit said on Wednesday (Oct 1), as…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
Samsung Electronics signs US$16.5 billion contract to supply semiconductors
Samsung Electronics said on Monday it has signed a contract valued at US$16.5 billion to supply semiconductors to a major global…
Business
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker had signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to…
Business
LG Electronics shares jump on report of AI chip gear development
Other South Korean companies already making hybrid bonding equipment include Hanmi Semiconductor, Samsung Electronics’ Semes and Hanwha…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
News
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
SOUTH Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics chairman Lee Jae-yong over actions in…
Business
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company 3M Co raised the lower end of its…
Business
India's goal should be to have 10-plus fabs by 2030: SEMI President & CEO
Premium Ajit Manocha, President & CEO, SEMI 4 min read Last Updated : Oct 15 2024 | 11:40 PM IST Ajit Manocha, president and chief…
Business
Samsung Electronics not interested in spinning off foundry business
Samsung Electronics is not interested in spinning off its contract chip manufacturing business as well as its logic chip designing…