South Korean chip manufacturer plans to capitalize on demand for mobile devices in China by focusing on image sensors for handsets and tablets. It kicked off a roadshow in Shenzhen to attract new customers.
The South Korean electronics giant beat its own estimates, with overall profit rising 47.5 percent year on year, but its mobile division's growth momentum is showing signs of slowing down.
South Korean chip maker's revenue increased by 430 percent quarter-on-quarter to hit a record net profit of US$984 million, on the back of rising demand for DRAM chips used in mobile devices and PCs.
South Korean manufacturer is said to have signed a deal to supply 14nm-size A9 chips, providing the central chipset which will power the Apple's next iPhone when it begins production in 2015.
US$2.9 billion tie-up will produce LCD panel displays for China Electronics including the use Sharp's power-saving IGZO screen technology.
Company to invest in companies to drive development of software and applications related to "sensing" technology and perceptual computing in devices across its architectural platform.
[UPDATE] Singapore is the second Asian market to retail Google's Chromebooks and the Web giant aims to spur demand, particularly within the education sector, with low price and easy maintenance as key differentiators.
After becoming the market leader in South Korea's mirrorless camera market during the last quarter of 2012, Samsung is focusing more resources to win over 25 percent global marketshare by 2015.
Ailing Japanese electronics firm is mulling plans to lay off 600 staff, or 20 percent of its lithium-ion battery team, to improve dwindling profitability from lower prices and stronger competition from South Korean players.
The Ministry of Trade, Industry and Energy, along with six private companies will jointly invest in memory chip research and development projects by universities or independent institutes over the next five years.