SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s most valuable companies. L... More »
SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group leader Jay Y. Lee on charges of manipulating stock prices and breach of trust in order to cement control of the group, a prosecution official said on Tuesday. Considering the gravity of manipula... More »
(Reuters) – Evidence used by the United States to justify the extradition of Huawei Technologies Chief Financial Officer Meng Wanzhou is “unreliable and defective” and should not be considered by a Canadian court, Meng’s lawyers argued in documents released to... More »
DUBAI (Reuters) – Abu Dhabi state defence and security entity Tawazun is to build a satellite assembly, integration and testing centre with Airbus in the United Arab Emirates’ oasis city of Al Ain, state news agency WAM reported on Wednesday. The centre also i... More »
LONDON (Reuters) – Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday. Operators will not be able to purchase 5G comp... More »
LONDON (Reuters) – Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with China’s rising economic and technologi... More »
LONDON (Reuters) – British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour Party said on Twitter. Britain is set to ban Huawei from Britain’s 5G network in a landmark decision that... More »
LONDON (Reuters) – Britain will place a “huge priority” on national security when considering Chinese telecoms firm Huawei’s role in the country’s 5G network, justice minister Robert Buckland said on Monday. “National security comes first … and I know that the... More »
(Reuters) – China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal from the country’s 5G phone network, the Sunday Times newspaper reported on Sunday. The Chinese telecoms equi... More »
LONDON (Reuters) – Britain’s decision to allow China’s Huawei to play a limited role in building its 5G network is not “fixed in stone” and is being reviewed following the imposition of U.S. sanctions, culture minister Oliver Dowden said on Monday. Britain gra... More »
HANOI (Reuters) – Vietnam’s VinSmart, a unit of Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm, Vingroup said on Monday. The model, Vsmart Aris 5G, is equipped with a Snapdragon 765G 5G module platform and a quantum sec... More »
(Reuters) – Relativity Space has signed a contract with Iridium to launch six spare satellites for its communications network, the venture-backed rocket firm’s chief executive said, clinching a key satellite customer for its upcoming 3D-printed rocket. The Iri... More »
BEIJING (Reuters) – China indefinitely postponed on Tuesday the launch of the final satellite of its Beidou navigation network because of technical problems in the rocket meant to launch it into orbit. The official website for the Beidou network said in a stat... More »
SEOUL (Reuters) – A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation. The ruling provided temporary relief for the vice chairman of Samsung... More »
ROME (Reuters) – Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to promote Huawei mobile phone network equipment as malig... More »
WASHINGTON (Reuters) – The U.S. Justice Department and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s (0728.HK) authorization to provide international telecommunications servic... More »
SHENZHEN, China (Reuters) – ZTE said it had not received any notice from U.S. authorities after NBC News reported on Friday that the Chinese telecoms company was the subject of a new bribery investigation. ZTE said its operations continue as normal. The NBC re... More »
SEOUL (Reuters) – Samsung Electronics (005930.KS) and LG Innotek (011070.KS) have shut their factories in South Korea after a worker tested positive for the coronavirus, the companies said on Sunday. Samsung’s mobile device factory in Gumi, close to Daegu, whe... More »
MOSCOW (Reuters) – The UK firm OneWeb launched 34 satellites from Baikonur cosmodrome in Kazakhstan early on Friday as part of its effort to provide global high-speed internet access using satellite communications by 2021. The Russian Soyuz rocket left Baikonu... More »
SEOUL (Reuters) – Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean f... More »
ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the company. The United States has lobbied It... More »
TEL AVIV (Reuters) – Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space. Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a na... More »
BRUSSELS (Reuters) – Telenor (TEL.OL) reiterated on Sunday Huawei would be involved in building Norway’s 5G network along with Ericsson (ERICb.ST), one of several companies to continue working with the Chinese company despite U.S. pressure. Still, on Friday, t... More »
CAIRO (Reuters) – Egypt will launch its first communication satellite into orbit on Friday, a move it says will improve its communications infrastructure and internet services and attract investment. Tiba-1 is due to launch at 2108 GMT on one of Europe’s Arian... More »
(Reuters) – British Prime Minister Boris Johnson is preparing to grant China’s Huawei technologies Co Ltd access to the UK’s future 5G telecoms network, the Sunday Times reported on Sunday. Senior government and security services sources said the UK is moving ... More »
WASHINGTON (Reuters) – The Air Force is using SpaceX’s fledgling satellite network to test encrypted internet services for a number of military planes, the space company’s president said on Tuesday, detailing results for the first customer of Elon Musk’s plann... More »
(Reuters) – United Launch Alliance, a joint venture between Boeing Co and Lockheed Martin Corp, blasted off into space on Thursday morning, one of the final satellites for the U.S. Air Force’s new secure communications network. The satellite was launched at 6:... More »
JERUSALEM (Reuters) – Space Communication said on Wednesday its Amos-17 communications satellite was launched into space and was enroute to its orbital position after separating from its SpaceX rocket. The Israeli satellite operator is counting on Amos-17, whi... More »
TEL AVIV (Reuters) – Israel’s Space Communication Ltd plans a satellite launch next weekend which it hopes will mark a rebound from a couple of major setbacks in recent years. Amos-17, which will provide communication services to Africa, had a total budget inc... More »
STOCKHOLM (Reuters) – Sweden launched an inquiry on Friday into a national network outage at telecoms company Tele2 (TEL2b.ST) in June that knocked out voice calls for a many private customers and companies for several hours. Tele2, Sweden’s second-largest tel... More »
WASHINGTON (Reuters) – U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the ... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk’s new Starlink internet service. A Falcon 9 rocket carrying the s... More »
CAPE CANAVERAL, Fla. (Reuters) – A SpaceX launch already scrubbed once due to inclement weather was postponed again nearly 24 hours later on Thursday, this time for “about a week,” in order to update satellite software and “triple-check everything,” Elon Musk’... More »
CAPE CANAVERAL, Fla. (Reuters) – Billionaire Elon Musk’s SpaceX postponed a planned Wednesday night blastoff of a Falcon 9 rocket carrying the first 60 satellites for his new Starlink internet service, citing excessive winds over the Florida launch site. Launc... More »
CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s SpaceX postponed its planned Wednesday night blastoff of a Falcon 9 rocket carrying the first cluster of satellites for his new Starlink internet service, citing excessive winds over the Florida launch site. The mis... More »
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last ye... More »
BERLIN (Reuters) – Europe needs its own technology to guard against a growing threat to its satellites from space junk ranging from dead satellites to tiny particles, according to a top adviser to the European Space Agency (ESA). With the world increasingly re... More »
SEATTLE/PARIS (Reuters) – A rocket carrying six satellites built by Airbus SE and partner OneWeb blasted off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas high-speed internet beamed down from spa... More »
(Reuters) – Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the matter said on Thursday. A sale of SecureWorks, in which De... More »
ORLANDO, Fla. (Reuters) – Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thurs... More »
MOSCOW (Reuters) – The launch of a Russian Soyuz rocket set to carry satellites into space for U.S startup OneWeb has been delayed after an anomaly was discovered on the rocket, company chairman Greg Wyler said on Thursday. The rocket was set to take off next ... More »
MOSCOW (Reuters) – A defect has been discovered on part of a Russian space rocket that is due to launch next month carrying satellites into orbit for U.S. startup OneWeb, two Russian news agencies reported on Wednesday. The Russian Soyuz is scheduled to blast ... More »
SAN JOSE, California (Reuters) – Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the market, Qualcomm’s chief executive testified on Frida... More »
WASHINGTON (Reuters) – President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with th... More »
TOKYO (Reuters) – Japan’s big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China’s Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp (0763.HK) (000063.SZ), Kyodo News reported on Monday. The news, for wh... More »
(Reuters) – Verizon Communications Inc and Samsung Electronics Co Ltd on Monday confirmed long-held industry expectations they would seek to steal a march on Apple Inc by launching U.S. 5G smartphones in the first half of 2019. The two companies said in a stat... More »
HONG KONG (Reuters) – ZTE Corp (0763.HK) (000063.SZ) has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China’s second-biggest telecommunications equipme... More »
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported. China’s No.2 tel... More »
WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp (000063.SZ), calling the telecommunications firm a security threat and vowing not to abandon legislation clamping down on the ... More »
WASHINGTON (Reuters) – President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers. Trump, known for his fie... More »
TAIPEI (Reuters) – Taiwanese chip designer Mediatek Inc has received an export permit from the government to sell components to ZTE Corp, a Chinese telecoms equipment maker subjected to restrictions in the United States. The U.S. government last month banned A... More »
SHANGHAI (Reuters) – Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival. The U.S. action last... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX postponed a planned launch on Monday of a Falcon 9 rocket carrying NASA’s latest planet-hunting satellite for 48 hours, citing problems with a guidance-navigation control system, launch team officials said. Blast-off fro... More »
WASHINGTON (Reuters) – The U.S. Department of Commerce is banning American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years for violating the terms of a sanctions violation case, U.S. officials told Reuters. The Chi... More »
WASHINGTON (Reuters) – The United States has banned American companies from selling telecommunications equipment to China’s ZTE Corp after the Chinese company illegally shipped telecom equipment to Iran and North Korea, the Commerce Department said on Monday. ... More »
STEVENAGE, England (Reuters) – A European satellite launched this week to try out ways of tackling the growing amount of garbage in space will use technology as familiar to the ancient Romans as astronauts – nets and harpoons. Engineers who have designed and c... More »
MUMBAI/NEW DELHI (Reuters) – India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world’s second-biggest smartphone marke... More »
A flag with a company logo is seen during satellite launch company Arianespace annual news conference in Paris, France, January 9, 2018. REUTERS/Christian Hartmann FRANKFURT (Reuters) – Planned satellite launches using Europe’s heavy lifter Ariane 5 rocket can... More »
A visitor walks past a mobile mast with an Audi lunar exploration vehicle, a simulation of a Vodafone project to install a 4G mobile phone network on the moon in 2019, during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman ... More »
FILE PHOTO: Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah September 28, 2013. REUTERS/Lucas Jackson/File Photo (Reuters) – European planemaker Airbus SE and U.S.-based Delta Air Lines Inc have formed an... More »
FILE PHOTO: People stand at ZTE’s booth during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Paul Hanna/File Photo – RC1E5FFE31F0 BEIJING (Reuters) – Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U... More »
FILE PHOTO: The SpaceX Falcon 9 rocket, with the Dragon spacecraft onboard, launches from pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S., June 3, 2017. NASA/Bill Ingalls/Handout/Files via REUTERS WASHINGTON (Reuters) – Elon Musk’s Spac... More »
CAPE CANAVERAL, Fla. (Reuters) – The world’s most powerful rocket, SpaceX’s Falcon Heavy, roared into space through clear blue skies on its debut test flight on Tuesday from a Florida launch site in another milestone for billionaire entrepreneur Elon Musk’s pr... More »
A red Tesla Roadster is seen during preparations to use it as a mock payload for the launch of a SpaceX Falcon Heavy rocket, in Cape Canaveral, Florida, U.S. December 6, 2017. Flickr.com/photos/SpaceX via REUTERS. CAPE CANAVERAL, Fla. (Reuters) – A scarlet Tes... More »
Samsung Electronics Vice Chairman, Jay Y. Lee leaves a court in Seoul, South Korea, February 5, 2018. Lee Ji-eun/Yonhap via REUTERS SEOUL (Reuters) – A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee,... More »
Samsung Group heir Jay Y. Lee said on Monday he spent his year in jail on "precious" self-reflection and promised to show a better side in future, after a high court suspended his jail sentence in a corruption scandal and set him free. More »
CAPE CANAVERAL, Fla. (Reuters) – A SpaceX Falcon 9 rocket blasted off from Florida on Wednesday carrying into orbit a Luxembourg-made communications satellite designed in part to expand NATO’s surveillance reach and its capability to deter cyber attacks on all... More »
FILE PHOTO – A video promotes the 5G mobile wireless standard at the Qualcomm booth during the 2017 CES in Las Vegas, Nevada January 6, 2017. REUTERS/Steve Marcus WASHINGTON (Reuters) – President Donald Trump’s national security team is looking at options to c... More »
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said it would likely rake in a record fourth... More »
TEL AVIV (Reuters) – Israel’s Space Communication Ltd, operator of the Amos satellites, said on Tuesday Nepal’s Dish Media Network has contracted for more capacity on the Amos-4 satellite starting in the fourth quarter. The additional capacity will increase Sp... More »
MANILA (Reuters) – State-run China Telecom Corp could become the Philippines’ third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services. Philipp... More »
U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp's network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. More »
Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company through the bigg... More »
Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc (BSFT.O) for close to $2 billion, a person familiar with the matter said on Sunday. More »
Israel's Space Communications has signed a deal with Elon Musk's SpaceX to launch two communication satellites into orbit, after a prior attempt ended in disaster. More »
Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. More »
Hackers broke into British company Piriform's free software for optimizing computer performance last month potentially allowing them to control the devices of more than two million users, the company and independent researchers said on Monday. More »
Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics (066570.KS) for using its smartphone patents. More »
U.S. hedge fund Elliott Management Corp said on Monday it has a stake of just over 5 percent in Hitachi Kokusai Electric (6756.T), further complicating a stalled bid by U.S. buyout firm KKR & Co LP (KKR.N) to acquire the company. More »
European satellite launching firm Arianespace said it had called off the launch of two communications satellites seconds before lift-off on Tuesday, citing unspecified problems. More »
An advertising agency in Thailand has developed a "smart vest" that potentially could turn stray dogs into guardians of Bangkok's streets and alleyways. More »
Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges through his lawyer, according to the Seoul Central District Court's website on Monday. More »
Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc (BLK.N) and reinitiated a stake in Alibaba Group Holding (BABA.N) of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday. More »
China has sent an "unbreakable" code from a satellite to the Earth, marking the first time space-to-ground quantum key distribution technology has been realized, state media said on Thursday. More »
Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant. More »
South Korean police on Monday raided a management office for residences of Samsung Electronics Chairman Lee Kun-hee and his family over alleged misappropriation of company funds used to pay for interior renovations, they said. More »
Israel Aerospace Industries (IAI) [ISRAI.UL] said on Wednesday that two of its observation satellites were successfully launched into space. More »
FILE PHOTO: Apoorva Mehta, CEO of Instacart speaks during 2016 TechCrunch Disrupt in San Francisco, California, U.S. September 14, 2016. The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured app... More »
The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. Charter Communications Inc’s shares surged to a record high on Monday after a source said Japan’s SoftBank Group Corp was considering an acquisition ... More »
A general view of the headquarters of Russian cyber security company Kaspersky Labs in Moscow July 29, 2013. Russian cyber security firm Kaspersky Lab said on Wednesday it had fallen victim to geopolitical sparring between Russia and the United States, but sai... More »
A decision by the Trump administration to remove Moscow-based Kaspersky Lab from two lists of approved vendors used by U.S. government agencies to purchase technology equipment is a “politicized decision,” the Kremlin said on Wednesday. More »
A photo taken by Expedition 46 flight engineer Tim Peake of the European Space Agency (ESA) aboard the International Space Station shows Italy, the Alps, and the Mediterranean on January, 25, 2016. Small satellites used for observing conditions on the earth ar... More »
FILE PHOTO: Hosain Rahman, CEO and co-founder of Jawbone, speaks during the Samsung keynote with Jawbone products displayed in the background at the International Consumer Electronics show (CES) in Las Vegas, Nevada January 5, 2015. REUTERS/Rick Wilking Consum... More »
FILE PHOTO: Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool northern England, December 9, 2016. REUTERS/Phil Noble/File Photo Maersk said it was too early to predict the financial impact of last month’s global Pe... More »
LG Electronics smartphones seen inside the Class cellphone store in Beirut, Lebanon July 6, 2017. REUTERS/Aziz Taher South Korea’s LG Electronics Inc estimated that its second-quarter operating profit rose 14 percent from a year ago, but fell short of expectat... More »
A Nokia logo is seen at the company’s headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins Telecoms network equipment maker Nokia and Chinese smartphone maker Xiaomi Technology have signed a patent licensing agreement, the companies said on Wednes... More »
Ericsson Chairman of the board Leif Johansson presents Borje Ekholm as the new CEO for the Swedish telecom company Ericsson during a press conference at the company’s headquarters in Kista, Stockholm, Sweden October 26, 2016. TT News Agency/Janerik Henriksson/... More »
FILE PHOTO: A TomTom navigation device is seen in this photo illustration taken in Amsterdam, Netherlands, February 28, 2012. REUTERS/Robin van Lonkhuysen/United Photos/File Photo TomTom NV, the Dutch maker of navigation software for cars, on Wednesday said it... More »
