Tag Archives: Boost

Samsung to Invest More Than $1 Billion to Boost US Chip Production

Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand. The South Korean firm, the world’s second-largest chipmaker behind Intel Corp, said in a statement its investment would boost output ... Read More »

LeEco Expands Retail Partnerships to Boost Offline Presence in India

Chinese Internet and technology conglomerate LeEco on Friday announced that it has forged partnerships with six regional retail chains in India to strengthen its offline presence across the country. “This marks another milestone in our India journey that has been incredible so far. Our strategy to strengthen our offline business is a testimony to our commitment to the Indian market,” ... Read More »

Samsung Q1 Profit Beats Estimates on Galaxy S7 Sales Boost

Samsung Electronics reported Thursday a better-than-expected operating profit for the first quarter likely driven by strong sales of its flagship Galaxy S7 smartphones that made an early global debut at cheaper prices. The South Korean tech juggernaut put its January-March operating profit at KRW 6.6 trillion ($5.7 billion or roughly Rs. 37,974 crores) in its earnings preview. That represents a ... Read More »

First Indian Tax Amnesty Since 1997 Seeks To Boost Compliance: Foreign Media

India’s Finance Minister Arun Jaitley offered residents with undisclosed income a one-time amnesty from prosecution as pressure mounted on Prime Minister Narendra Modi to deliver on his poll promise of unearthing black money. The window for declaring assets will open on June 1 for four months, Jaitley said in his budget speech on Monday. Taxpayers can get immunity from prosecution ... Read More »

LG Says to Boost Marketing Spend in G5 Sales Push

Smartphone maker LG Electronics Inc plans to boost marketing spend in a bid to lift sales of its new flagship handset, the South Korean firm’s mobile division chief said. LG is trying to establish itself as a top smartphone player with the G5, which was unveiled at the Mobile World Congress in Barcelona on Sunday and praised by industry experts ... Read More »

LG Says to Boost Marketing Spend in G5 Sales Push

Smartphone maker LG Electronics Inc plans to boost marketing spend in a bid to lift sales of its new flagship handset, the South Korean firm’s mobile division chief said. LG is trying to establish itself as a top smartphone player with the G5, which was unveiled at the Mobile World Congress in Barcelona on Sunday and praised by industry experts ... Read More »

MWC 2016: Camera Boost, Virtual Reality for New LG, Samsung Flagships

To revive interest in smartphones, Samsung and LG are improving their cameras and embracing the nascent world of virtual reality. Samsung’s new flagship phones – the Galaxy S7 and Galaxy S7 Edge – promise better photos under low-light conditions, in part with sensors that capture more light. The main camera on LG’s upcoming G5 smartphone will have two lenses – ... Read More »

Disinvestment May Get Boost As Sebi Tweaks OFS Norms

New Delhi: In a move that may give a boost to the government’s disinvestment plan, the Securities and Exchange Board of India (Sebi) on Monday agreed to its suggestion for cutting the advance notice period for OFS (offer for sale) to one day and allowed retail investors to place their bids a day later for such share sales. Currently, listed ... Read More »