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Apple partner Wistron seeks to expand India smartphone parts plant: government official

By Sankalp Phartiyal | MUMBAI MUMBAI Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said on Monday. The Taiwanese contract manufacturer has also requested that its application …

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Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo

SEOUL Samsung Electronics Co Ltd (005930.KS) will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. The South Korean firm said in October it was examining all aspects …

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China's cash-strapped LeEco in talks to gain $1.4 billion from investor

By David Stanway and Jess Macy Yu | SHANGHAI/HONG KONG SHANGHAI/HONG KONG China’s cash-strapped LeEco said it is in talks to secure 10 billion yuan ($1.4 billion) from an unidentified strategic investor, but the announcement was seen as insufficient to dispel concern over the high-tech conglomerate’s financial health. Led by …

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How ties to an 'equestrian princess' landed Samsung at center of a scandal

By Ju-min Park and Miyoung Kim | SEOUL SEOUL Samsung Electronics Co’s (005930.KS) sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea’s top company in the center of the country’s influence-peddling scandal. Samsung agreed last year to pay $18 million …

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