Apple Supplier Foxconn Says Indian Customs Clearing Procedures Have Been Resolved

Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants. customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been complied with, […]

SK Hynix Posts Record Third-Quarter Profit as Chip Outlook Dims

South Korea’s posted record third-quarter operating profit on Thursday despite softer chip prices, beating expectations thanks to a seasonal sales boost for mobile devices and strong server demand. The world’s No.2 memory chipmaker said July-September operating profit rose 73 percent year-on-year to KRW 6.5 trillion ($5.7 billion). That compared with a KRW 6.3 trillion average forecast from 19 […]

Panasonic Launches New Range of 4K OLED, LED TVs in India

on Wednesday announced its debut in the OLED TV segment with a new lineup of two series, along with 11 models in the 4K segment. The OLED lineup comes in 55-inch FZ950 and 65-inch FZ1000 series, starting at Rs. 2,99,000. Both the series are equipped with features like Hexa Chroma Drive Pro colour management system, […]