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Toshiba’s president Nobuaki Kurumatani has resigned, the firm announced Wednesday, as a buyout offer from a private equity fund reportedly stirs turmoil inside the Japanese company. The resignation came as reports said two other funds were considering their own offers for the Japanese household name, potentially setting up a bidding war. In a statement, Toshiba
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Samsung Electronics on Wednesday said first-quarter profit likely rose 44 percent, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted US output. The South Korean technology giant forecast January-March operating profit of SKW 9.3 trillion (roughly Rs. 61,940 crores), matching
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Amazon on Friday announced a new Alexa Voice Remote for its Fire TV Stick in India that includes dedicated buttons for Amazon Prime Video, Netflix, and Amazon Music. The new remote control also includes a guide button to quickly show you consolidated channel and programme listings from live TV apps. Amazon is also bringing a
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