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Mattress on cell floor, toilet in the corner for Samsung scion

Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul. REUTERS/Jung Yeon-Je/Pool min Park More »

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South Korean prosecutor widens charges against Samsung chief Lee

Samsung Group chief, Jay Y. Lee, is surrounded by media as he arrives at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji South Korea’s special prosecutor’s office said it is planning to indict Samsung Group chief J... More »

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Toshiba shares drop after S&P warns of downgrade risk

The logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo, Japan January 27, 2017. REUTERS/Toru Hanai Shares in Japan’s Toshiba sank 10 percent on Friday, after credit rating firm S&P Global said it could slash the conglomerate’s ra... More »

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With Samsung chief`s arrest, three executives in spotlight

FILE PHOTO – Lee Boo-jin, daughter of Samsung Electronics chairman Lee Kun-hee and president and chief executive of Hotel Shilla, arrives to preside over the annual general meeting of the hotel stockholders in Seoul March 16, 2012. REUTERS/Lee Jae-Won/File Pho... More »

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Samsung chief appears for second round of questions in graft probe

Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul on February 13, 2017. REUTERS/Jung Y... More »

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China halts construction at major Lotte project amid THAAD tension

FILE PHOTO – The logo of Lotte Hotel is seen at a Lotte Hotel in Seoul, South Korea, June 7, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Lotte Group said Chinese authorities have halted construction at a multi-billion dollar real estate project after a ... More »

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Hyundai may source car batteries from China amid political tension

The logo of Hyundai Motor is seen on a steering wheel at its dealership in Seoul, South Korea, December 15, 2016. REUTERS/Kim Hong-Ji Hyundai Motor (005380.KS) said on Wednesday it may procure electric vehicle batteries from Chinese companies for a planned Chi... More »

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Fujitsu says its biggest shareholder to unload its stake

A logo of Fujitsu is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai/File Photo Japan’s Fujitsu Ltd said on Tuesday its biggest shareholder would sell most ... More »

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Honda, Hitachi Automotive say to form EV motor joint venture

Honda Chief Executive Officer Takahiro Hachigo (R) and his Hitachi Automotive counterpart Hideaki Seki shake hands at a photo session after their news conference in Tokyo, Japan, February 7, 2017. REUTERS/Kim Kyung-Hoon Honda Motor Co Ltd and Hitachi Ltd’s aut... More »

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Toshiba wants funds not peers to buy chip stake-source

Toshiba Corp wants investment funds including Bain Capital to buy a stake in its flash memory business rather than industry peers such as Micron Technology Inc because doing so will speed up the planned sale, a source said. More »

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Siemens completes key test of 3D-printed gas-turbine blades

Siemens logo is pictured on a CT scan in the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle German engineering group Siemens has run a successful test of power generation gas turbine bl... More »

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South Korea to strengthen battery safety rules after Note 7 fires

FILE PHOTO – An exchanged Samsung Electronics’ Galaxy Note 7 is seen at company’s headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea said on Monday it will strengthen lithium-ion battery safety requirements and con... More »

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Britain plan to leave Euratom could delay new nuclear build

British plans to leave the European Atomic Energy Community (Euratom) when it exits the European Union could raise costs, delay new nuclear power projects and complicate research and international cooperation agreements, experts said on Friday. More »

Amazon calls 2016 holiday season its best ever- shares rise

Workers unload a wide body aircraft emblazoned with Amazon’s Prime logo at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. REUTERS/Mark Makela Amazon.com Inc said it shipped more than 1 b... More »

Samsung Electronics to consider split: Seoul Economic Daily

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund... More »

Siemens to buy Mentor Graphics in $4.5 billion deal

Siemens logo is pictured at a building of the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle Siemens (SIEGn.DE) agreed to buy U.S.-based Mentor Graphics (MENT.O) in a $4.5 billion cash ... More »

Fitbit forecasts dismal holiday quarter, shares sink

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid Wearable fitness device maker Fitbit Inc’s (FIT.N) revenue forecast for the key-holiday shop... More »

U.S. bans Samsung Galaxy Note 7 smartphones from air travel

An employee checks an exchanged Samsung Electronics’ Galaxy Note 7 at company’s headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Sat... More »

Singapore Airlines bans Samsung Galaxy Note 7 on its flights

A customer uses his Samsung Electronics’ Galaxy Note 7 as he waits for an exchange at company’s headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji Singapore Airlines (SIAL.SI) said on Saturday it has banned Samsung’s Galaxy Note 7 mobile... More »

Note 7 fiasco could burn a $17 billion hole in Samsung accounts

Signage is seen at the Samsung 837 store in the Meatpacking District of Manhattan, New York, U.S., October 10, 2016. REUTERS/Andrew Kelly Samsung Electronics’ (005930.KS) worst-ever recall could cost the company as much as $17 billion after it halted sales of ... More »

Samsung scraps Galaxy Note 7 over fire concerns

Sales promotion staff stand in front of a Galaxy Note 7 advertisement at a Samsung store in Jakarta, Indonesia, October 11, 2016. REUTERS/Beawiharta Samsung Electronics Co Ltd (005930.KS) scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two ... More »

Deutsche Bank races against time to reach U.S. settlement

The Deutsche Bank headquarters are seen in Frankfurt, Germany October 28, 2015. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities dema... More »

Florida man sues Samsung, says Galaxy Note 7 exploded

An employee poses for photographs with Samsung Electronics’ Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics Co (005930.KS) was sued on Friday by a Florida man who said he su... More »

Daimler should make e-car components to protect jobs: labor boss

The Mercedes S500e is presented during the media day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2015. REUTERS/Kai Pfaffenbach/File Photo Daimler should avert possible job losses resulting from the expected substitution of conventiona... More »

Samsung Electronics says sold shares in four companies

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technolo... More »

Factbox: Hanjin Shipping collapse – by numbers

Container vessel Hanjin Rome sits in the eastern anchorage area in Singapore September 9, 2016. REUTERS/Edgar Su The collapse of South Korea’s Hanjin Shipping (117930.KS), the world’s seventh-largest container carrier, has disrupted global trade networks and d... More »

Samsung Electronics shares slide as Note 7 recall takes toll

A Samsung Electronics’ Galaxy Note 7 new smartphone is displayed at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics Co Ltd’s (005930.KS) shares fell to their lowest level in nearly two months on Monday aft... More »

U.S. tells consumers to stop using fire-prone Samsung phones

A model poses for photographs with a Galaxy Note 7 new smartphone during its launching ceremony in Seoul, South Korea, August 11, 2016. REUTERS/Kim Hong-Ji/File Photo A U.S. government safety agency on Friday urged all consumers to stop using Samsung Galaxy No... More »

Samsung urges Note 7 users to switch off phones and turn them in

An employee poses for photographs with Samsung Electronics’ Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics Co Ltd (005930.KS) on Saturday urged users of its Galaxy Note 7 p... More »

Samsung recalls Galaxy Note 7 phones after battery fires

An employee poses for photographs with Samsung Electronics’ Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd has recalled all Galaxy Note 7 smartphones equipped with batteries it... More »

Sharp wants to team up with Japan Display in OLED: Nikkei

A man using his mobile phone walks past Sharp Corp’s liquid crystal display monitors showing the company logo in Tokyo, Japan, March 30, 2016. REUTERS/Yuya Shino/File Photo Japan’s Sharp Corp (6753.T) is hoping to team up with its domestic rival Japan Display ... More »

Samsung Electronics says to acquire U.S. appliances maker Dacor

SEOUL South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S.-based luxury appliances maker Dacor Inc, seeking to boost high-end product sales. Samsung said in a statement it will keep Dacor’s brand name and leave its operation... More »

Airbus bags Asian deals as Farnborough struggles to take off

FARNBOROUGH, England Airbus (AIR.PA) bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lackluster event confirmed a recent boom in aircraft orders was finally fizzlin... More »

LG Display sees signs of display market improvement

PAJU, South Korea South Korea’s LG Display Co Ltd is seeing signs of improvement in the display panel industry and expects its business performance to pick up in the second half of the year, the firm’s chief executive said. “There is a sign of things changing ... More »

Collaborative robots open new fronts in automation

MUNICH, Germany Robots that work as assistants alongside people are set to upend the world of industrial robotics by putting automation within reach of many small and medium-sized companies for the first time, industry players said this week. Collaborative rob... More »

CEO of Alphabet Inc’s Nest unit steps down

Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet Inc’s hardware efforts, has stepped down as chief executive of the search giant’s Nest unit, the company said. Fadell will remain an adviser to Alphabet... More »

Germany denies interfering in Chinese bid for robot maker Kuka

BERLIN Germany denied interfering in Chinese home appliance maker Midea’s 4.5 billion euro ($5 billion) bid for industrial robot maker Kuka on Friday, saying it was not organising a rival offer. German media have reported that German Economy Minister Sigmar Ga... More »

Thousands of Afghan Hazaras join power line protest in Kabul

KABUL Thousands of demonstrators from Afghanistan’s Hazara minority marched in protest through Kabul on Monday saying that they are missing out on a multi-million dollar power transmission line, posing a major challenge to the government of President Ashraf Gh... More »

Sharp, Foxconn to sign deal next week: sources

TOKYO Sharp Corp (6753.T) and Taiwan’s Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with ... More »

India’s Micromax, once a rising star, struggles

MUMBAI A year ago, Micromax vaulted past Samsung Electronics Co Ltd to become India’s leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and the company is looking for growth outside India. In Micromax’s ... More »

Samsung Elec to launch phone upgrade scheme in South Korea

SEOUL Tech giant Samsung Electronics Co Ltd on Wednesday said it will launch a phone upgrade program in South Korea this week that will allow subscribers to switch to a new premium handset every 12 months. Customers seeking to buy one of two Galaxy S7 models t... More »

Sharp liabilities list covered worst-case scenarios: source

TOKYO Sharp Corp’s (6753.T) list of liabilities that prompted Taiwan’s Foxconn to suspend signing a takeover deal was an unverified study of worst-case scenario risks, rather than liabilities requiring disclosure, a source briefed on the matter said. The list,... More »

Samsung wins appeal in patent dispute with Apple

A U.S. appeals court on Friday overturned a $120 million jury verdict against Samsung, finally handing the South Korean smartphone maker a significant win in its longstanding patent feud with top rival Apple. The U.S. Court of Appeals for the Federal Circuit i... More »

Nokia boosts revenue with Samsung patent resolution

HELSINKI Finland’s Nokia on Monday settled its patent dispute with South Korea’s Samsung, saying the arbitration verdict would boost its patent sales by hundreds of millions of euros. Nokia said the settlement would lift sales at its patent unit Nokia Technolo... More »

Nokia-Samsung patent verdict expected within days

HELSINKI Nokia (NOKIA.HE) and Samsung (005930.KS) are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company. Nokia entered into a binding arbitration ... More »

Just how smart can you make your home?

NEW YORK Carlos Espinosa, a design professional based in Boulder, Colorado, has a completely decked-out “smart” home – light switches he can control from his mobile phone, a security system, moisture detectors that alert him to leaks and integrated stereo spea... More »