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Billions Burned Off Samsung's Market Cap On News Of Galaxy Note 7 Delay Due To Exploding Batteries
Thursday, September 1, 2016 - 12:18pm | 355Samsung (SAMSUNG ELECTRONIC KRW5000) (OTC: SSNLF) suffered a major setback on Thursday when its Korean-listed stock (KRX: 005935) (KRX: 005930) shed $7 billion of market value. According to Reuters, the company said it has decided to delay shipments of its high-end Galaxy Note 7 smartphone...
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Samsung Acquires Maker Of Android-Ovens
Thursday, August 11, 2016 - 10:35am | 233Samsung Electronics announced it plans on fully acquiring Dacor, a U.S.-based manufacturer of high-end appliances. According to Android Police, Dacor is a maker of "crazy Android-powered ovens and other expensive appliances." For example, the Dacor Discovery iQ 30" Double Wall...
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Report: Taiwan Semiconductor Accelerating 7nm Process, May Offer Roadmap On Thursday
Tuesday, April 12, 2016 - 12:23pm | 199According to a report by DigiTimes, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM) has been ramping development of its 7nm process technology. DigiTimes, citing a China-based report by Economic Daily News, noted Taiwan Semiconductor would detail its roadmap for its 7nm process during an...
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Apple's U.S. Smartphone Market Share Grows; Facebook Top App
Monday, May 11, 2015 - 8:08am | 456ComScore, a global leader in digital media analytics, reported last week key data relating to the U.S. smartphone industry for March 2015. According to ComScore, Apple Inc. (NASDAQ: AAPL) improved its OEM market share to 42.6 percent from 41.6 percent at the end of 2014. Samsung Electronics Co...
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Lukewarm Results Expected At NVIDIA Despite Strong Demand, Continued Gains
Thursday, May 7, 2015 - 2:27pm | 318Shares of NVIDIA Corporation (NASDAQ: NVDA) were up more than 1.5 percent on Thursday, as the company prepares to announce its first quarter financial results after the market closes. According to Estimize, experts and the crowd both expect to see some year-over-year growth in earnings, but a...
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The Who's Who In The Smartwatch Space
Monday, April 20, 2015 - 7:57am | 360The excitement around Apple Inc. (NASDAQ: AAPL)'s latest gadget, the Apple Watch, has created a new market for smartwatches that many believe will quickly capture consumers' attention. Although the field is still in its early days, investors are already looking out for innovative...
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Barclays Explores The Semiconductor Space, Says The RF 'Golden Age' Is Losing Luster
Tuesday, April 14, 2015 - 8:38am | 450In a report published Tuesday, Barclays analyst Blayne Curtis previewed the semiconductors space heading in to the first quarter earnings season. According to Curtis, semiconductor firms are expected to report "largely better" results and guidance but some softness in PCs and China...
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Is Apple Setting A 2020 Target To Begin Car Production?
Friday, February 20, 2015 - 12:50pm | 203Shares of Apple were trading higher by 0.25 percent on Friday morning after a Bloomberg reported suggested that Apple Inc. (NASDAQ: AAPL) has set 2020 as a target to begin production of an electric vehicle. According to sources familiar with the deal, Bloomberg noted that Apple has built a roster...
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The Mobile Payments Race Is On
Thursday, February 19, 2015 - 9:33am | 333Reports that SAMSUNG ELECT LTD(F) (OTC: SSNLF) bought mobile payments startup LoopPay have investors wondering who will win the mobile payments race. The deal throws another contender into the mix where Apple Inc. (NASDAQ: AAPL) is already vying with Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) to...
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Here's Why Shares Of Freescale Semiconductor Hit New 52-Week Highs
Friday, February 13, 2015 - 1:03pm | 110In an article published Friday, New York Post said that Freescale Semiconductor Ltd (NYSE: FSL) is exploring a sale of itself. According to the publication, Freescale Semiconductor recently hired investment banks to explore a possible sale, according to a source close to the situation. The article...
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Blockchain Spreads Its Wings
Friday, January 23, 2015 - 12:39pm | 460While the excitement seen at the beginning of 2014 over bitcoin has fizzled out, investors are becoming more and more interested in the technology behind the cryptocurrency Blockchain. Blockchain is an infinite ledger that keeps track of all transactions for bitcoin, and enthusiasts say it won...
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Chinese Tech Firms Are Looking To The US For Demand
Thursday, January 8, 2015 - 8:46am | 421Reuters reported that a poll of analysts sees Chinese GDP falling to 7.2 percent in the fourth quarter of 2014, below the nation’s 7.5 percent target and the weakest figure Beijing has published in 24 years. While the nation’s central bank will likely ease further in order to kick-...
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Summit Talks Up Micron, Says Samsung DRAM Expansion Is A Moot Point
Thursday, July 31, 2014 - 4:21pm | 192Samsung Electronics' plan to boost in-house production of memory chips sent shares of Micron Technology (NASDAQ: MU) reeling Thursday, but one analyst said smart money should be buying. "Samsung is merely confirming a DRAM shortage," Summit's Srini Sundararajan said in a note...
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#PreMarket Primer: Wednesday, July 16: Yellen Hints At Sooner Than Expected Rate Hike
Wednesday, July 16, 2014 - 7:19am | 1262U.S. employment figures became a lot more important on Tuesday after Federal Reserve Chair Janet Yellen said the US central bank would consider raising its interest rate sooner if the job market improves ahead of expectations. Speaking before Congress, Yellen defended the bank's...
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#PreMarket Primer: Tuesday, July 8: Putin Silent Despite Separatist Pleas For Help
Tuesday, July 8, 2014 - 7:17am | 920With around seven thousand troops at the ready on Ukraine’s border, many are wondering why Russian President Vladimir Putin has been ignoring pro-Moscow separatists’ pleas for help. Ukrainian forces launched a renewed offensive over the weekend following a week long ceasefire and...