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Samsung Electronics Co., Ltd. (BC94.L)

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1,766.09-21.91 (-1.23%)
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  • Apple Supplier Biel Weighs Up to $2 Billion Hong Kong IPO
    Bloomberg

    Apple Supplier Biel Weighs Up to $2 Billion Hong Kong IPO

    (Bloomberg) -- Biel Crystal Manufactory Ltd., a supplier of cover glass to Apple Inc., is planning a Hong Kong initial public offering that could raise as much as $2 billion, according to people with knowledge of the matter.The maker of touch screens is working with China International Capital Corp., HSBC Holdings Plc and JPMorgan Chase & Co. on the offering, the people said. The company plans to submit a listing application soon, they said, asking not to be identified as the information is priv

  • SK Telecom Plans $5 Billion Splurge to Become Korea’s SoftBank
    Bloomberg

    SK Telecom Plans $5 Billion Splurge to Become Korea’s SoftBank

    (Bloomberg) -- SK Telecom Co., South Korea’s largest mobile carrier, wants to shed its staid image and take on a more dynamic role as an investor in tech startups à la SoftBank Group Corp.Armed with a $5 billion budget for acquisitions over the next three years, the company is setting out to find the next Coupang Inc., the Korean e-commerce giant whose massive initial public offering fueled SoftBank’s record profit last quarter. About $2 billion of that will come from the proceeds of planned IPO

  • Fading IPhone LCD Screen Maker Pivots to Virtual Reality
    Bloomberg

    Fading IPhone LCD Screen Maker Pivots to Virtual Reality

    (Bloomberg) -- Japan Display Inc., once one of Apple Inc.’s key suppliers, sees a new market for its liquid crystal displays after ceding the smartphones arena to rival OLED screens: the niche yet growing virtual reality business.The Tokyo-based LCD specialist expects its favored display technology to become the standard for VR because it can achieve higher resolution than OLED while keeping costs reasonable. That advantage is imperceptible in mobile devices but becomes critical in the more dema