SEOUL The heir apparent of Samsung Group will buy up to 300 billion won worth of shares to be sold by affiliate Samsung Engineering Co Ltd should existing shareholders not fully take up the firm’s 1.2 trillion won rights issue, Samsung Group said on Monday. In... More »
MARSHALL, Texas A U.S. jury on Friday found Apple Inc (AAPL.O) did not infringe five antipiracy patents owned by a Pendrell Corp (PCO.O) subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. N... More »
TOKYO/FRANKFURT At the recent Frankfurt Auto Show, Ford Motor Co unveiled a new feature that lets drivers pre-set their car to go at or just above the speed limit. In-car cameras and software read and react to road signs, speeding the car up or slowing it down... More »
STOCKHOLMas long as they can win over some of the most demanding consumers: video gamers. Since John Elvesjo noticed a sensor tracking his eye movements in a lab experiment, the technology he developed with Henrik Eskilsson and Marten Skogo has helped disabled... More »
TOKYOThe head of smartphone screen maker Japan Display Inc said he would not turn down a partnership with embattled rival Sharp Corp amid speculation that Japan Display’s top investor, a state-backed fund, wants a tie-up between the two. People close to the ma... More »
WASHINGTON Scientists have created a battery whose technology in principle could power electric cars and other energy-hungry devices far better than current lithium-ion batteries, but it remains years away from commercial use. Researchers at the University of ... More »
TOKYO A Japanese government-backed fund is considering a range of options to help turn around Sharp Corp including a direct investment, a person familiar with the matter said. A direct investment would mark a shift in thinking at the Innovation Network Corpora... More »
The U.S. Food and Drug Administration on Friday approved Merck & Co Inc’s immunotherapy, Keytruda, for patients with the most common form of lung cancer whose tumors produce a specific biological marker. The FDA approval for Keytruda in advanced non-small cell... More »
TOKYO Taiwan’s Hon Hai Precision Industry Co is considering buying a majority stake in Sharp Corp’s loss-making LCD business for up to 200 billion yen ($1.7 billion), Japan’s Mainichi newspaper said on Monday, without citing any sources. The newspaper said Hon... More »
TOKYO Taiwan’s Hon Hai Precision Industry Co (2317.TW) offered to buy Sharp Corp’s (6753.T) struggling liquid panel display business and plans to seek funding from Apple Inc (AAPL.O), the Nikkei business daily reported on Monday. The report did not specify how... More »
DALIAN, China In a cavernous showroom on the outskirts of this port city in northeastern China, softly whirring lathes and svelte robot arms represent Dalian Machine Tools Group’s (DMTG) vision of an automated future for Chinese manufacturing. On closer inspec... More »
Companies and organizations are pledging to provide funds, goods and services to help thousands of migrants arriving in Europe from war-torn and impoverished countries. Companies are helping through both corporate and employee schemes. Following are some examp... More »
BERLIN Insomniacs, light sleepers and others who blink bleary eyes every morning could be the next target of technology companies looking to come up with ideas to improve any given aspect of consumers’ lives. Samsung Electronics Co and Panasonic Corp both show... More »
SEOUL SK Hynix Inc, the world’s No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won ($25.94 billion) to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The firm, which compet... More »
TOKYO Major U.S. proxy advisory firms are split over a proposal linked to activist investor Yoshiaki Murakami to shake up the board of Japanese mid-sized electronics parts maker and trader Kuroda Electric, leading to uncertainty over the move’s outcome. C&I Ho... More »
LONDON The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during the first decade of th... More »
TAIPEI Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan’s economic growth. In just three years, the start-up, which counts Japan’s Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC C... More »
PARIS An attempt by Airbus to make history by crossing the English Channel in an electric plane ended in wounded pride on Friday after a French pilot claimed to have beaten it by hours. In a further twist, a Slovenian businessman said he might have beaten both... More »
TORONTO BlackBerry Ltd (BB.TO), which has been coy about its ambitions to make a mainstream Android smartphone, fueled more speculation about its plans this week when it scooped up two Android-related domain names. Several blog posts in the last two days have ... More »
SEOUL South Korean tech giant Samsung Electronics Co Ltd (005930.KS) on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guid... More »
SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday that operating profit for the April-June quarter will likely be 6.9 trillion won ($6.13 billion), down 4 percent from a year earlier. This was worse than the 7.2 trillion won average forec... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
