South Korea is buzzing at the news that prosecutors have demanded no less than a 12-year prison term for Samsung’s billionaire heir, Jay Y. Lee. Lee is accused of attempting to solidify his total control of the massive company through … Continue reading
This past Tuesday, Samsung Electronics began launching Harman audio brands in South Korea through their company owned locations. According to the Korean press, Samsung is “looking for business synergy” by combining its strength in distribution network, marketing, and world-class service, … Continue reading
In news out of Korea, we learn that Samsung Display is planning to build the world’s largest OLED manufacturing facility in a bid to hold off Chinese competition in the increasingly popular technology. Samsung’s board of directors are expected to … Continue reading
BREAKING NEWS In a filing with Japan’s JASDAQ stock exchange, Onkyo revealed this week that at the end of June, major investor Gibson Brands became the largest shareholder for the first time since its relationship with the Osaka-based manufacturer of … Continue reading
Sony CEO Kazuo Hirai is feeling pretty good these days. After an incredibly tough turnaround period where many questioned his plan, Hirai said this week that the company expects to book an operating profit of ¥500 billion ($4.5 billion) in the fiscal year … Continue reading
You know things aren’t going well when divisions of your own company want to break the chains of their association with you. That is essentially what happened when Toshiba Machine “bought” its independence by buying out the shares of its … Continue reading
An Industry Giant Stumbles, Then Falls; Can It Get Back Up? Toshiba, once the embodiement of Japanese industrial might offering everything from rice cookers to nuclear reactors, has released financial results for the first three quarters of the current fiscal year … Continue reading
Less than a week after we questioned whether Chinese manufacturer LeEco would be able to actually complete its proposed $2 billion acquisition of Vizio, we received a note from a Vizio-connected official, saying that “the merger agreement to acquire Vizio … Continue reading
Bloomberg is reporting that Chinese mega brand LeEco missed its normal payroll at the end of March, telling employees it would pay them a few days later. While this is a situation that is not unfamiliar to many small business … Continue reading
In reports out of Taiwan, sources say that Apple, Inc. has ordered 70 million bendable OLED panels from Samsung Electronics. An order of this size can only be for the upcoming iPhone 8, expected to be launched in late 2017. The … Continue reading