Business

Samsung Electronics forecasts 11.4% rise in 2Q profits

Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes.

Energy & Green Tech

Homes fitted with new technology could make the grid smarter

Researchers at Pacific Northwest National Laboratory (PNNL) have developed a control system that could make most of America's homes more capable partners in managing the nation's electricity resources.

Business

Samsung reports robust profit based on chip strength

Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 53% from the same period last year as it continued to thrive during the pandemic while relying on its dual strength in parts ...

Business

India bans 47 more Chinese mobile apps

India has banned 47 more Chinese apps just weeks after blocking the highly popular video-sharing platform TikTok and 58 others over national security and privacy concerns, an information ministry official and media reports ...

Business

JD.com racks up $38B in sales in annual online shopping fest

JD.com's annual "618" online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China's first major e-commerce sale since the pandemic began.

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