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 to HP Inc raise sticker prices to…
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Electronics
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 of its home entertainment business, including its…
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 compensation. The shares will be acquired through…
Pre-owned electronics are making a comeback
Electronic gifts are very popular, and in recent years, retailers have been offering significant discounts on smartphones, e-readers, and other electronics labeled as “pre-owned.” Research…
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 scheme of arrangement. The company owes OCBC at…
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 opportunity for Samsung Electronics to expand into…
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 automotive electronics firm controlled by the founder of…
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 latest high-bandwidth memory products to Nvidia The…
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 artificial-intelligence data centres Delta Electronics (Thailand)…
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 market LG Electronics’ US$1.3 billion initial share…
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 the appliance maker revives its long-delayed India…
Trump mulls tariffs on foreign electronics based on number of chips: sources
The Trump administration is considering imposing tariffs on foreign electronic devices based on the number of chips in each one, according to three sources familiar with the matter, as it…
EXCLUSIVE: Jacob & Co. and Electronics Specialist Loewe Team for Gem-set Headphones
DIAMOND CERTIFIED SOUND: Forget crystal-clear audio — the collaboration between Jacob & Co. and high-end German electronics manufacturer Loewe launching Wednesday is all about gold and…
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 euros a share that Ceconomy’s CEO told Reuters would…
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 corporation. The world’s biggest memory chipmaker…
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker has signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making…
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 Vision’s Hanwha Semitech unit …
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 facility in Tuas. The expansion aims to scale up the…
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 cloud and digital ads while consumer electronics take…
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 its key products such as smartphones. The…
Asia: Stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh…
Samsung Electronics posts 129.85% jump in Q4 operating profit
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet…
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 a controversial merger of affiliates that helped…
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 full-year adjusted profit forecast on Tuesday (Oct…