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China's LeEco to buy U.S. electronics company Vizio for $2 billion

(Reuters) - Chinese mobile phone maker Le Holdings Co Ltd, also known as LeEco, said it would buy U.S. consumer electronics company Vizio Inc for $2 billion. Vizio's hardware and software units will be operated as a wholly owned subsidiary...Show More Summary

Farewell to VCRs: Japanese maker to shelve once-hit product

TOKYO (AP) — Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder. A spokesman, who requested anonymity citing company practice, said Monday production will end sometime this month, although it declined to give a date, because key component makers are pulling out, due to shrinking demand for VCRs.

Samsung Elec sues Huawei in China for patent infringement

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Friday it sued smartphone rival Huawei Technologies Co Ltd [HWT.UL] for patent infringements through multiple courts in China, escalating a legal conflict between the two companies. Show More Summary

Afternoon Coffee: Samsung Acquires Stake in BYD, SoftBank Buys Apple Supplier ARM

Categories: Afternoon Coffee Tags: General News Samsung Electronics Co. is acquiring a stake in Chinese electric vehicle and battery manufacturer BYD Co. Specific details on the deal have not been disclosed, however, last week, Samsung...Show More Summary

Samsung's PCs are No. 1 in Brazil: media

Samsung Electronics Co. of South Korea has emerged as the top brand in Brazil's PC market, according to local media. Based on its annual brand survey, the Brazilian newspaper O Estado de S. Paulo reported that Samsung ranked first, beating its American rivals: Apple Inc. Show More Summary

Samsung Elec to buy new BYD shares for $449 million: Korea Economic Daily

South Korean electronics giant Samsung Electronics Co Ltd has agreed to buy new shares worth 3 billion yuan ($449.10 million) in Chinese automaker and electric vehicle battery maker BYD, Korea Economic Daily reported on Friday. WithShow More Summary

Samsung Pay Launches in Brazil

Brazil is the first country in South America to launch the service with major financial partners São Paulo, - Samsung Electronics Co. Ltd., announced today that Brazil will roll out Samsung Pay on July 19, with major financial partners,...Show More Summary

Is Samsung About To Eat Apple's Lunch?

2 weeks agoNews : Huffington Post

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile...Show More Summary

Samsung's Quarterly Operating Profit Projected to Be Largest in Two Years

Samsung Electronics Co. said Thursday that it likely earned about 8.1 trillion Korean won ($7.00 billion) in operating profit during the April to June period, marking the company’s most profitable quarter in more than two years and underscoring the continued strength of consumer demand for its Galaxy S smartphone series.

Samsung Electronics set for best quarter in over two years on second-quarter smartphone boost

Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust sales of its flagship Galaxy S7 smartphones. The South...Show More Summary

Apple's Problems Are Worse Than You Think

Apple is about to become a much less significant consumer electronics business. The notion that Apple is in decline is not even controversial anymore. Many longtime Apple proponentshave made comparisons toBlackberry. The Canadian company excelled at a couple of skills and executivescould not imaginea world where those attributes were less valuable. [...]

Electronic Medical Practice Environment Can Lead to Physician Burnout

The growth and evolution of the electronic environment in health care is taking a toll on U.S. physicians. That's according to a national study of physicians led by Mayo Clinic which shows the use of electronic health records and computerized physician order entry leads to lower physician satisfaction and higher rates of professional burnout. Show More Summary

Samsung to Invest $1.2B in Internet of Things Startups

by Angela Guess Christopher Mims reports in The Wall Street Journal, “Samsung Electronics Co. said Tuesday that it will invest $1.2 billion in the U.S. over four years to boost technologies aimed at adding computing power to everyday...Show More Summary

Smart Advertising Samsung Electronics Acquires Canadian Digital Ad Start-up

Samsung Electronics Co. announced on June 21 that it has recently acquired a Canada-based digital advertising start-up, AdGear. Founded in 2010, AdGear is a digital advertising technology company that provides software and services to advertisers, media agencies and publishers. Show More Summary

Samsung Electronics bets on 5G to jump-start networks business

Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5G mobile networks by moving quickly in markets like the United States, an executive said. The...Show More Summary

Reduction Of DRAM Investment Samsung Electronics to Focus on NAND Flash

Samsung Electronics Co. has officially announced to reduce its investment in DRAM this year. Until now, there have been rumors that major semiconductor firms, including Samsung Electronics, will reduce the DRAM investment. However, it...Show More Summary

Samsung Pay Accelerates Growth with Three New Markets in Three Weeks

Service launches in Spain, Singapore and Australia amidst strong momentum and an uptick in consumer adoption SEOUL, Korea – Samsung Electronics Co. Ltd., announced today that Samsung Pay, the most widely accepted mobile payment system,...Show More Summary

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