Samsung reports profitable quarter but warns of weaker outlook

Business Oct 29, 2020

Samsung reports profitable quarter but warns of weaker outlook

Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profits will ease amid intensifying competition and weakening demand. The world’s largest maker of memory chips and personal electronics said net ...

Japan's Fair Trade Commission to conduct survey of smartphone market

Business Oct 22, 2020

Japan's Fair Trade Commission to conduct survey of smartphone market

The Fair Trade Commission is considering carrying out a survey of the cellphone market including smartphones to uncover possible unfair business practices, FTC Secretary-General Shuichi Sugahisa has said. The antitrust watchdog conducted a similar survey in 2018 after low-cost smartphone service providers entered ...

Japanese mobile carriers start taking preorders for the iPhone 12

Business Oct 17, 2020

Japanese mobile carriers start taking preorders for the iPhone 12

The nation's three major mobile phone carriers on Friday started taking preorders for Apple Inc.'s first 5G-enabled iPhones ahead of their Oct. 23 release. "The era of 5G has come," KDDI Corp. President Makoto Takahashi told a news conference, referring to the ultrafast wireless network. KDDI ...