Electronics - consumer
Samsung wins $6.6 bn network equipment order from Verizon
08 Sep 2020
Samsung, which had a mere 3 per cent market share of the global telecom equipment, overcame the challenge posed by Nokia, Ericsson, ZTE and Cisco (in the absence of No 1 Huawei), to secure the grand order
Samsung vice chairman Jay Y Lee indicted in 2015 merger fraud case
03 Sep 2020
The indictment paves the way for Lee, 52, to undergo trial on the allegations, but will not be detained as a Seoul court has denied a request from prosecutors for an arrest warrant
PLI scheme set to bolster localistion of mobile phone production
03 Aug 2020
The production linked incentive scheme, notified by the government on 1 April, has attracted 22 smart phone makers, including Samsung and Apple - which together account for 60 per cent of global smartphone sales - besides contract manufacturers like Foxcon Hon Hai, Wistron and Pegatron
HP rejects Xerox’s unsolicited cash-and-stock offer
05 Mar 2020
HP Inc said the Xerox offer would leave its shareholders with an investment in a combined company that is burdened with an irresponsible level of debt and which would subsequently require unrealistic, unachievable synergies that would jeopardize the entire company
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