Samsung Electronics flags record Q3 operating profit

SEOUL, Oct 5 — Samsung Electronics flagged yesterday a third-quarter operating profit of 17.5 trillion won (RM64.2 billion), a record for any-three month period, led by solid demand for its memory chips used in mobile devices. Sales for July to…

Amazon vs. Apple — which should you own if you can only own one?


nvestors have been increasingly reliant on Big Tech stocks in recent years. But not every tech company is created equal. The two biggest technology companies — Apple Inc. AAPL, +0.89% and AMZN, -1.65% — are different in many ways, yet are sometimes mentioned in the same sentence simply because of their dominance and size. In August, Apple became the first company in history whose market capitalization topped $1 trillion. Amazon followed soon after in early September, though has since fallen a bit. Many investors are eager to own both of those companies. But should they? Here’sRead More

Japan govt more bullish on capex, eyes on US-China trade row

TOKYO: Japan upgraded its assessment of capital expenditure (capex) for the first time in nine months as companies ramp up spending on equipment and software to better cope with growing labour shortages. The government left unchanged its overall assessment that the economy is recovering at a moderate pace in its monthly report for September, released […]

Apple iPhones get bigger and pricier, Watch turns to health

CUPERTINO: Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes to its lineup, following last year’s overhauled iPhone X, were widely expected by investors and the […]

New iPhones aim for momentum in sputtering smartphone market

SAN FRANCISCO: Apple is set to unveil new iPhones, aiming to gain fresh momentum in the premium segment of a global smartphone market showing signs of fatigue. In its usual secretive style, Apple has remained mum about revelations planned for Wednesday’s event at its spaceship campus in Silicon Valley, but the timing fits its pattern […]

EU clears Apple plan to buy music app Shazam

BRUSSELS, Sept 6 — The EU today approved US tech giant Apple’s plan to buy leading song-recognition app Shazam, saying the move would not reduce choice for music streaming consumers. The bloc launched a detailed probe into the deal with…

China lures chip talent from Taiwan with fat salaries, perks


TAIPEI, Sept 4 — A huge pay rise, eight free trips home a year and a heavily subsidised apartment. It was a dream job offer that a Taiwanese engineer simply could not refuse. A veteran of Taiwan's top-tier chipmakers, including United…

Warren Buffett is said to agree on backing India’s Paytm

BANGALORE, Aug 27 — Berkshire Hathaway Inc has agreed to buy a stake in the company behind Paytm, India’s biggest digital payments brand, in Warren Buffett’s first foray into the country’s startups, people familiar with the matter said….

Asia Pacific’s Smart City initiatives to reach US$30 billion


SINGAPORE: The latest update of the IDC Worldwide Semiannual Smart Cities Spending Guide expects spending on technologies that enable Smart Cities initiatives to reach a value amounting to US$30 billion in 2018 for Asia/Pacific excluding Japan (APeJ). In a recent statement, IDC said, as these initiatives gain traction, spendings will continue to accelerate over the […]

SME Corp: SMEs must embrace digitalisation as a mindset in today’s digital economy

KUALA LUMPUR, Aug 22 — Small and medium enterprises (SMEs) must innovate and embrace digitalisation as a mindset, across all areas, to grab opportunities presented in the digital economy, says SME Corporation Malaysia (SME Corp). It emphasised…