TOKYO: The president of Toshiba along with other high-level executives and directors resigned on Tuesday over a $1...
Toshiba had a corporate culture in which management decisions could not be challenged...
Troubled Japanese conglomerate Toshiba said on Thursday that it logged a net loss of $436 million for the fiscal first half, as it moves to complete the multi-billion-dollar sale of its chip business to restore its balance sheet...
The result of this was that Toshiba projected an annual net loss of 110 billion yen ($970 million)...
Foxconn Technology Group is reportedly planning to bid up to $27bn to acquire Toshiba’s chip business, according to Bloomberg...
Analysts estimate that a reasonable valuation of Toshiba’s chip business is between $1...
Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate...
“There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern,” Toshiba said in announcing bigger than previously estimated losses for the nine months through...
TOKYO: Toshiba’s top executives were involved in “systematically” inflating profits by $1...
“Toshiba had a corporate culture in which management decisions could not be challenged,” it added, ahead of the release of the full report on Tuesday...
Anyone possessing the notorious Samsung Galaxy Note 7 smartphone in Pakistan can now get it exchanged or obtain a refund inside the country from Samsung...
Samsung has been struggling to contain a snowballing safety crisis as it recalls Note 7 smartphones with exploding batteries that have been catching fire...
“Smartphone production in Pakistan is multiplying following the Device Identification, Registration and Blocking System (DIRBS) implementation and Mobile [Device Manufacturing] Policy launched recently,” Azhar tweeted on the microblogging website...
He said that Samsung Pakistan appreciated the government’s policies and is actively considering setting up a smartphone assembly plant in the country...
WASHINGTON: Samsung and Apple maintained their leadership in the smartphone market in early 2017 while Chinese-based Huawei’s strong growth cemented its number three position, a market tracker said Thursday...
”Reith said the 2017 market will feel the impact of the new Samsung Galaxy S8 flagship handset, and a widely expected announcement from Apple for its new iPhone later this year...
SEOUL: Samsung on Tuesday pulled the final plug on its troubled Galaxy Note 7 smartphone, permanently discontinuing production of the flagship device that has been mired in a disastrous recall over exploding batteries...
The move sent Samsung’s share price into a steep dive and, once the markets had closed, the company announced it was scrapping the model entirely...
Samsung Electronics logged a record profit of $10...
Samsung Electronics is the key subsidiary of the sprawling Samsung Group, whose heir Lee Jae-Yong was found guilty in August of bribery, perjury and other charges stemming from payments to the secret confidante of ousted president Park Geun-Hye...
The CEO of Samsung Electronics Kwon Oh-Hyun resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis”, even as it expected profits to hit an all-time high in the third quarter...
Kwon's resignation comes as the company struggles to overcome a bribery scandal that sent Lee Jae-Yong, its de-facto head and heir to the Samsung empire, to jail...
Samsung Electronics has joined the self-driving car race in California with a permit from the state to test the technology on the home turf of Tesla, Google, and Apple...
Samsung Electronics early this year got approval in South Korea to test the technology on roads in that country, according to media there...
The heir to the Samsung empire faces the verdict in his corruption trial on Friday, which threatens to leave the world's biggest smartphone maker rudderless for more than a decade...
Lee Jae-Yong, vice chairman of Samsung Electronics and the son of Samsung group chairman Lee Kun-Hee, has been groomed all his life to take over the giant conglomerate founded by his grandfather in 1938...
Samsung on Wednesday unveiled a new model of its Galaxy Note as it seeks to leave behind the debacle over exploding batteries in the previous generation of the device, and mount a renewed challenge to Apple and its soon-to-come iPhone 8...
“None of us will ever forget what happened last year,” said Samsung president of mobile communications business DJ Koh...
Chief executives of Samsung Electronics plan to work at the company’s overseas offices including those in Silicon Valley and New York on a regular basis, aiming to transform the Seoul-based tech giant into a truly global company...
“The tech giant’s CEOs from next month will start working at one of the company’s overseas offices once every two or three months to better understand the global market trends,” a senior Samsung official...