Uncategorized

Seeking new growth drivers, Samsung plans $22 billion spending on new tech

Samsung Group will invest 25 trillion won ($22 billion) in artificial intelligence, 5G mobile technology, electronic components for autos, and …read more Source: Reuters Tech News

Japan Display’s first-quarter loss narrows on cost cuts, but sales dive

Japan Display Inc posted on Wednesday a narrower loss for April-June, helped by cost cuts and a rise in the …read more Source: Reuters Tech News

Samsung Galaxy S7 smartphones vulnerable to hacking: researchers

Samsung’s Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that put tens of millions of …read more Source: Reuters Tech News

Samsung Group pledges $22 billion spend on new technology in push for growth

Samsung Group will invest 25 trillion won ($22 billion) over three years in artificial intelligence, 5G mobile technology, electronic components …read more Source: Reuters Tech News

Inside Tesla’s troubled New York solar factory

Tesla Inc’s production of solar roof tiles has been delayed by assembly-line problems at its new publicly subsidized factory and …read more Source: Reuters Tech News

Elon Musk’s Tesla buyout would reengineer take-private deals

Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now …read more Source: Reuters Tech News

Samsung Group to spend $22 billion on AI, 5G, auto parts and biopharma

South Korea’s Samsung Group [SAGR.UL] will invest 25 trillion won ($22 billion) over the next three years in artificial intelligence, …read more Source: Reuters Tech News

Amazon launches curbside pickup at Whole Foods stores

Amazon.com Inc on Wednesday said it was launching curbside pickup at Whole Foods stores, in its latest tactic to win …read more Source: Reuters Tech News

Toshiba posts record quarterly profit on chip sale, outlook unclear

Japan’s Toshiba Corp reported a record quarterly net profit on Wednesday, thanks to the $18 billion sale of its …read more Source: Reuters Tech News

Apple tells lawmakers iPhones are not listening in on consumers

Apple Inc told U.S. lawmakers on Tuesday that its iPhones do not listen to users without their consent and do …read more Source: Reuters Tech News