Samsung Electronics will open the world’s largest mobile phone factory in India, in a win for Prime Minister Narendra Modi’s flagship program to lure investors to manufacture in the South Asian nation. The factory will
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Xiaomi fell as much as 6% on its debut, as an escalating trade war and uncertainty about its valuation combined to dampen Hong Kong’s biggest coming-out party in two years. The eight-year-old Chinese smartphone maker
Electric scooter rental company Lime is teaming up with Uber to bring an unconventional mode of transportation to the world. Uber Technologies is investing in Lime as part of a $335-million financing
Chinese Internet giant Tencent, in which South Africa’s Naspers has a 31.2% stake, is planning to spin off its online music entertainment business and list its shares in the US through a public offering, the company
Facebook co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com
Sonos has filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation
Sonos is going public, and Amazon looms large over the wireless speaker company’s fortunes. Sonos built itself up as a kind of digital Switzerland, allowing customers to stream music from any major service
Sluggish global smartphone sales are starting to crimp earnings at Samsung Electronics, which posted profit that fell short of estimates. The maker of Galaxy phones reported that operating income rose to
Internet entrepreneur Kim Dotcom has lost the latest round in his long-running battle to avoid extradition to the US and will now take his case to New Zealand’s highest court. The court of appeal said on Thursday that
Huawei Technologies has said a proposed ban on selling its gear to some US mobile providers isn’t lawful, pushing back against assertions it poses a risk as the Trump administration increases pressure on China over