Samsung Display Plans to Build the World’s Largest OLED Factory

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

Gibson Brands Takes Control of Onkyo Corp.

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 Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation

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

Toshiba Machine Buys Its Independence from Toshiba

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

Toshiba Announces ‘Substantial Doubt’ on Ability to Continue

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

As We Suspected, The Deal is Off Between LeEco & Vizio

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

Samsung Receives Order for 70M OLED Panels from Apple

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

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