Samsung

Samsung to shut mobile phone plant in China’s Tianjin

Samsung to shut mobile phone plant in China’s Tianjin

SEOUL (Reuters) – Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world’s biggest smartphone market slumps amid rising competition from lower-cost local rivals.The South Korean company has seen its share of the Chinese market shrink to 1 percent in the […]

Samsung buys AI tech firm Zhilabs to boost 5G capabilities

Samsung buys AI tech firm Zhilabs to boost 5G capabilities

SEOUL: Samsung said on Wednesday it had acquired artificial intelligence technology firm Zhilabs to enhance its 5G capabilities, marking a major push into the 5G market. Review: Samsung Note 9, a subtle powerhouse Zhilabs will continue to operate independently under its own management, Samsung said in a statement. Samsung unveils Galaxy Note 9 to reverse disappointing sales […]

Chinese tech ‘wolf’ Huawei stalks Apple and Samsung

Chinese tech ‘wolf’ Huawei stalks Apple and Samsung

Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless “wolf” tirelessly running down its prey — an ethos that could soon make it the apex predator of the smartphone world. Despite being essentially barred from the critical US market, Huawei surpassed Apple to become the world’s number two smartphone […]