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June 7, 2021

Phones & Household Electronics (TRBC level 3)

Chinese Internet firms pledge to avoid anti-competitive behaviors

FILE PHOTO: A Baidu sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) – A dozen Chinese Internet platform companies pledged to avoid anti-competitive behaviors such as forcing vendors to use their platform exclusively, according to a......

Samsung Electronics says first-quarter profit likely rose 44%, matching expectations

By Joyce Lee, Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. FILE PHOTO: The......

Samsung Electronics says Q1 profit likely rose 44%, in line with analyst estimate

SEOUL, April 7 (Reuters) – Samsung Electronics Co Ltd said on Wednesday first-quarter operating profit likely rose 44% on brisk sales of home appliances, smartphones and television sets, though chip earnings likely fell after a winter storm halted U.S. output. The South Korean technology giant forecast January-March profit of 9.3......

Box Office: Bob Odenkirk’s ‘Nobody’ Debuts to No. 1 as ‘Godzilla vs. Kong’ Roars Overseas – Reuters

Box Office: Bob Odenkirk’s ‘Nobody’ Debuts to No. 1 as ‘Godzilla vs. Kong’ Roars Overseas Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

China regulators held talks with Alibaba, Tencent, ByteDance on ‘deepfake’ technologies

BEIJING (Reuters) – China’s cyberspace regulator said on Thursday it and the public security ministry had held talks with Alibaba, Tencent, ByteDance and Kuaishou on potential problems with ‘deepfake’ technologies. Deepfake technology merges, replaces or superimposes content on a video, making it appear to be authentic. Reporting by Yingzhi Yang......

Apple says Wistron due to restart violence-hit India factory

Men wearing protective face masks walk past broken windows of a facility run by Wistron Corp, a Taiwanese contract manufacturer for Apple, in Narsapura near the southern city of Bengaluru, India, December 14, 2020. REUTERS/Stringer/File Photo NEW DELHI (Reuters) – Apple on Tuesday said Wistron had begun the process of......

South Korea regulator not probing Hyundai executives’ share sales: official

FILE PHOTO: The logo of Hyundai Motors is seen on a steering wheel on display at the company’s headquarters in Seoul, South Korea, March 22, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s Financial Supervisory Service (FSS) is not currently investigating Hyundai Motor executives’ share sales, a regulatory official said......

Biden to approach U.S.-China relations with ‘patience’: White House spokeswoman

White House Press Secretary Jen Psaki speaks to reporters at the White House in Washington, U.S., January 25, 2021. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – The United States is in a serious competition with China, and President Joe Biden wants to approach relations with Beijing with “patience,” White House spokeswoman Jen......

China’s market regulator approves Cisco buy of Acacia, with some curbs

FILE PHOTO: A visitor uses a mobile phone in front of the Cisco booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Rafael Marchante SHANGHAI (Reuters) – China’s market regulator said on Tuesday it has approved plans for Cisco Systems Inc’s. purchase of Acacia Communications Inc, as......

EXCLUSIVE-Trump administration adds China’s Comac, Xiaomi to Chinese military blacklist

WASHINGTON, Jan 14 (Reuters) – The Trump administration on Thursday added nine Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi, according to a document seen by Reuters. The companies will be subject to a new U.S. investment ban which forces......

China fines JD.Com, Alibaba’s Tmall, Vipshop for irregular pricing

FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. Picture taken June 16, 2014. REUTERS/Jason Lee BEIJING (Reuters) – China’s market regulator said on Wednesday it has fined JD.Com Inc, Alibaba’s Tmall and Vipshop 500,000 yuan ($76,656.55) each......

Laptops, desktop sales see ‘renaissance;’ shortages won’t ease until 2022

OAKLAND, Calif. (Reuters) – The world stocked up on laptop and desktop computers in 2020 at a level not seen since the iPhone debuted in 2007, and manufacturers still are months away from fulfilling outstanding orders, hardware industry executives and analysts said. FILE PHOTO: A person types on a laptop......

Ant group says will strictly comply with all regulatory requirements

FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song BEIJING (Reuters) – China’s Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.......

China fines Alibaba, Tencent for failing to report past deals to anti-trust regulators

SHANGHAI (Reuters) – China’s market regulator said on Monday it will fine Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for anti-trust reviews. The State Administration of Market Regulation said in a statement that it had taken the decision......

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