By Reuters Staff
1 Min Read
FILE PHOTO: Koh Dong-jin, president of Samsung Electronics Mobile Communications, speaks during the Galaxy Note 8 smartphone launch event in New York City, U.S., August 23, 2017. REUTERS/Brendan McDermid
SEOUL (Reuters) - Samsung Electronics co-CEO and mobile chief Koh Dong-jin said on Wednesday that the current supply-demand imbalance of IT sector chips and related components was “very serious” and the second quarter “poses a slight problem”.
Koh, addressing Samsung’s annual general shareholders’ meeting, said the company is continuing its efforts to address the supply issues.
Reporting by Joyce Lee; Editing by Shri Navaratnam
By Reuters Staff
3 Min Read
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.
Telecom company Nokia will likely cut about 300 jobs in Finland, mainly at its headquarters, as part of a wider restructuring plan, a Finnish union representative told Reuters.
EToro, a rival of online brokerage Robinhood, said on Tuesday it had agreed to go public through a merger with a blank-check firm backed by banking entrepreneur Betsy Cohen, valuing the equity of the combined firm at around $10.4 billion. (Reporting by Noor Zainab Hussain.
Bulgaria's telecoms regulator said on Monday it would seek ways to speed up the commercial rollout of 5G wireless networks after telecoms operator Vivacom contested in court its decision to allocate three 5G licences.