Wary buyers cloud outlook for tech and auto companies in Asia

Wary buyers cloud outlook for tech and auto companies in Asia

Samsung says demand for phone and PC chips set to weaken further Server customers can adjust inventory in recession -Samsung Toyota misses April-June production target GM’s operations in China lost $100 million in the second quarter due to restrictions July 28 (Reuters) – Asian tech firms from chipmaker Samsung to display panel maker LG Display … Read more

Samsung warns of weaker chip demand for phones and PCs as people buy less

Samsung warns of weaker chip demand for phones and PCs as people buy less

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea March 23, 2018. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register Server customers may have to adjust inventory in recession – Samsung executive Aims for H2 foldable phone sales to overtake past flagship Dollar strength helped boost … Read more

Global manufacturers see chip shortage easing

Global manufacturers see chip shortage easing

Plastic letters arranged to read ‘Chip Shortage’ are placed on a computer motherboard in this illustration taken February 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Hyundai will increase production at its factories ABB CEO: Chipmakers’ supply commitments are improving ABB CEO: falling commodity prices Electrolux CEO: supply situation … Read more

Apple soars above competition even as smartphone market stumbles, sources say

Apple soars above competition even as smartphone market stumbles, sources say

July 13 (Reuters) – The global smartphone market may be in the toilet, but the iPhone 13 continues to sell well, and Apple Inc (AAPL.O) expects its upcoming iPhone 14 to do even better at launch. Apple’s slightly higher expectations for the upcoming iPhone 14 underscore a growing belief among Wall Street analysts that the … Read more

Rogers network outage hits millions of Canadians, sparks outrage

Rogers network outage hits millions of Canadians, sparks outrage

Rogers dominates the telecommunications sector in Canada Banking services down, transportation disrupted The outage renews criticism of competition in the telecommunications sector TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at one of Canada’s largest telecom operators shut down access to banking, transportation and government for millions of people all day Friday , sparking … Read more

Samsung Q2 strong on server chip demand, smartphone cloud outlook

Samsung Q2 strong on server chip demand, smartphone cloud outlook

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea March 23, 2018. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register Profit likely up 15% to 14.46 trillion won -Refinitiv SmartEstimate It would be the highest April-June profit since 2018 Second-quarter chip revenue likely soared 49%, analysts … Read more

KDDI aims to restore service on Sunday after 40 million users affected

KDDI aims to restore service on Sunday after 40 million users affected

A man wearing a protective face mask takes a photo with his mobile phone at midday at Shibuya Crossing during the coronavirus disease (COVID-19) outbreak in Tokyo, Japan March 31, 2020. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register TOKYO, July 3 (Reuters) – Japanese mobile operator KDDI Corp (9433.T) said it … Read more

Tencent shares fall as Prosus/Naspers sell shares to fund buyouts

Tencent shares fall as Prosus/Naspers sell shares to fund buyouts

JOHANNESBURG/AMSTERDAM June 27 (Reuters) – Tech investor Prosus NV (PRX.AS)will leverage its huge stake in China’s Tencent to fund a stock buyback in itself and as the parent company of Naspers (NPNJn.J)the Dutch company said Monday, flipping shares of the Chinese tech giant. The move aims to close a gap between the market value of … Read more

Cubans sweat in the dark as government scrambles to end blackouts

Cubans sweat in the dark as government scrambles to end blackouts

GUANAJAY, Cuba, June 22 (Reuters) – When the lights go out, Cuban mother-of-two Nilde Viera, 39, from the small inland town of Guanajay, finds her life turned upside down. Her children have to do their homework in the dim light of a cell phone. The hum of the fridge quiets down. Fans to temper the … Read more