Samsung signed MoU deal for NFT project offline utilities

South Korean electronics giant Samsung is building an ecosystem for its non-fungible tokens . Samsung has signed a memorandum of understanding (MoU)

South Korean president pardons Jay Y. Lee, Samsung heir who was convicted of bribery

South Korea's president on Friday pardoned Jay Y. Lee, Samsung Electronics' de facto leader who served 18 months in prison after being convicted of bribery and embezzlement.Why it matters: The...

CNH Industrial beats profit Q2 estimates but flags bleaker outlook

MILAN - Agricultural and construction machine maker CNH Industrial (NYSE:CNHI) beat estimates on Friday with a 14% rise in industrial operating profit in the second quarter, but said it...

Sony Falls 5% on Guidance Cut on Gaming Weakness, Results Seen as 'Negative’

By Senad Karaahmetovic Sony slashed its operating income guidance for the full year, which sent shares of the Japanese electronics giant down almost 5% in premarket Friday. The company sees...

Hermes snubs luxury resale market

By Mimosa Spencer PARIS - Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas...

Sony is still struggling with PS5 supply

Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter, a slight bump over the previous quarter’s figure of 3.3 million, demonstrating how the electronics giant...

Global chip shortage: US says firms' stocks have plunged

Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department of Commerce has warned. US says firms' stocks have plunged amid a global shortage of...

Global chip shortage: Samsung expects its profits to jump by 52%

The South Korean electronics giant benefited from strong demand for server memory chips.

LG brings brighter OLED TVs and a sequel to the C1 and G1 OLEDs to CES 2022

The electronics giant brings 97-inch 4K, smaller 42-inch model and new AI image processing to CES 2022

CES 2022: Samsung's new Eco Remotes draw power from radio waves

Samsung's TV remotes have been making some major eco-friendly strides in recent years. Last year the electronics giant added a solar panel to the back so the remote can charge from the sun while...

Samsung replaces all 3 CEOs, merges units in management restructuring

Samsung announces a restructuring of the company that includes the replacement of the chiefs of its three major business units. The company will merge its mobile and consumer units. Samsung is the...

Samsung will create 2,000 jobs in Texas with $17 billion chip factory

Samsung plans to build a $17 billion semiconductor manufacturing facility in Texas. The South Korean electronics giant said Tuesday that the factory would create 2,000 high-tech jobs directly, and...

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