Samsung Makes a Strategic Investment into an IoT Security Company

Samsung Electronics has made another major investment in the Internet of Things (IoT) space, becoming an early stage Series A investor in Bayshore Networks. The company made the investment via its Samsung NEXT Venture fund, an investment fund created by the … Continue reading

With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

After several years of non-stop success, Samsung has had a bit of a tough run lately. From exploding smartphone batteries to self-destructing washing machines to the arrest of the company’s Vice Chairman and heir-apparant…it’s been a challenging time, to say … Continue reading

Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

Toshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to … Continue reading

Sharp Plans Major Investment in U.S., Paying Fealty to Trump

Sharp Corp., a subsidiary of Taiwan’s Hon Hai Precision Industry Co. which is better known as Foxconn, has said in Japan that it plans to make a major investment in the United States. This announcement precedes by just two days … Continue reading

Film Flops Force Sony to Take $1Billion Writedown

Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to … Continue reading

Prosecutors Make Their Case to Jail Head of Samsung

Judge Questions Jay Y. Lee in Arrest Warrant Hearing In a case that has been percolating for weeks but has now come to a boil, special prosecutors in South Korea have gone before a judge to obtain a warrant for the arrest … Continue reading

Samsung Chairman Named as Suspect by Prosecutors in Political Probe

After a tough 2016, Samsung was likely looking for a little relief in 2017. They’ll have to keep looking because, as the old saying goes, “When it rains, it pours.” Reuters is reporting that prosecutors in South Korea have summoned … Continue reading

Sharp Hit With Pushback; Hisense Refuses to Rescind Licensing Deal

Hisense is Said to be ‘Defiant’ News sources in Japan are reporting that Hisense has fired back at newly aggressive Sharp negotiating tactics, saying firmly it will not relinquish the licensing rights to the Sharp brand name in North & … Continue reading

LG Display Signs Deal to Supply Sony with OLED Panels

This Could Mean War with Samsung’s Quantum Dot Tech Korea’s ETNews network is reporting this week that, after weeks of negotiation, LG Display and Sony have signed a comprehensive deal for the supply of OLED panels to be used in … Continue reading

Not Again! Another Big, Bad Surprise from Toshiba

Loses Almost a Third of Its Total Market Value in 2 Days Toshiba Corps. stock price plunged 30% this week as the company announced it is facing the prospect of booking a potentially multi-billion dollar writedown related to an acquisition made … Continue reading