Posts From King World News

Better late than never? Samsung IT arms push into autos

By Se Young Lee SEOUL (Reuters) – Samsung Electronics and group companies are trying a belated push into the business of supplying technology to car makers, while rivals are already sewing up lucrative deals with an industry that is notoriously difficult to break into. Data compiled by Thomson Reuters IP & Science shows the world’s top smartphone maker and other Samsung Group [SAGR.UL] tech affiliates are ramping up research and

Sharp CEO says in talks with several firms about LCD business

By Makiko Yamazaki TOKYO (Reuters) – Sharp Corp said on Friday it was in talks with several companies about its LCD business, as the embattled Japanese firm comes under pressure from its banks to find a partner for the loss-making division. Despite a $1.7 billion rescue in May, its second major package in three years, persistent losses have meant Sharp is struggling to make the investments it needs to keep

Apple TV challenges developers to take apps to the big screen

Apple’s loyal army of software developers is joining the tech giant in its bid to conquer the living room with a new version of Apple TV, creating apps for the big screen that they hope will attract users and unlock a rich source of revenue. A long-awaited update to Apple TV, which launched in 2007, will start shipping in 80 countries on Friday. An App Store is the centerpiece of

GoPro faces tough competition as consumers spend less on cameras

With demand from action junkies drying up, GoPro Inc has a mountain to climb as it vies with the iPhone and other sharpshooting smartphones to win over thrifty customers in the mainstream market. For a company which quickly became synonymous with its helmet- and body-mounted cameras, recent product launches have failed to click with consumers who rely more on smartphones than traditional cameras to make high-resolution video. GoPro’s shares fell