Electronics - consumer
Videocon Industries placed under bankruptcy proceedings
09 Jun 2018
Bankruptcy proceedings against Videocon Industries follow an insolvency petition filed by State Bank of India against the company in December last year, on directions from the Reserve Bank of India
ZTE agrees to $2.29 bn penalty for US sanctions violations
08 Jun 2018
Under the settlement, ZTE will pay $1 billion and place an additional $400 million in an escrow account over and above the $892 million penalty it has already paid, besides subjecting itself to management changes and strictest Bureau of Industry and Security's compliance requirements
Samsung posts record $15 bn Q2 profit as chip sales zoom
27 Apr 2018
In the mid to long term, Samsung plans to strengthen its business capabilities by delivering differentiated technologies in the component business and solidifying its lead in technologies such as AI and 5G