Taiwan's Pegatron has chosen a site in El Paso, Texas, to build a plant that will provide components for Tesla Inc, Taiwanese newspaper the Commercial Times reported on Wednesday.
Cybersecurity company KnowBe4 Inc, backed by private-equity firm KKR & Co and funds affiliated with Goldman Sachs, said on Monday it was aiming for a valuation of up to $3 billion in its initial public offering in the United States.
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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.
The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 billion), matching a weighted average analyst forecast from Refinitiv SmartEstimate.
Analysts said Samsung’s mobile division likely saw operating profit soar more than 1 trillion won to about 4.15 trillion won after its flagship Galaxy S21 smartphone series outsold the previous version by a two-to-one margin in the six weeks since its January launch, according to research provider Counterpoint.
By Reuters Staff
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FILE PHOTO: 3d printed objects representing 5G are put on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic /Illustration
SOFIA (Reuters) - Bulgaria’s telecoms regulator said on Wednesday it would hold a new auction on April 6 for three 5G licences after its decision to allocate them without competition was contested in court by the country’s leading telecoms operator Vivacom.
The Communication Regulation Commission (CRC) said its decision to launch a new process was backed by the three main telecoms operators.
“The regulator decided to amend its decision to speed up the process and avoid lengthy court proceedings,” CRC head Ivan Dimitrov told Reuters, saying the auction date was April 6.
By Reuters Staff
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TOKYO (Reuters) - Japan’s government said on Wedneseday it would investigate messaging app Line, owned by SoftBank Corp’s Z Holdings Corp, after Japanese media reports that it let Chinese engineers at a Shanghai affiliate access Japanese users’ data without informing them.
FILE PHOTO: The logo of free messaging app Line is pictured on a smartphone in this photo illustration taken in Tokyo, Japan September 23, 2014. REUTERS/Toru Hanai
Under Japanese privacy regulations, companies have to let users know when their personal data is sent overseas, public broadcaster pubic broadcaster NHK and other local media reported earlier.