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Lessons from Bernie Ebbers' acquisitions spree
SINGAPORE (Feb 14): The former WorldCom CEO Bernie Ebbers, who died at the age of 78 this month, started life as a basketball coach. He often urged his employees to act in concert like a baseball team.
February 14, 2020
China Focus
Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally
HONG KONG / SHANGHAI (June 6): At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs.
June 06, 2018
Tech
Samsung Electronics forecasts fourth-quarter profit at over three-year high
SEOUL (Jan 6): Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50% from a year earlier to its highest level in more than three years, beating expectations on strong chip sales and a smartphone rebound.
January 06, 2017
Tech
How Apple lost China to two unknown local smartphone makers
BEIJING (Nov 23): Two years ago, Oppo and Vivo couldn’t crack the top five in China’s smartphone market. Now they outrank everyone after elbowing Apple aside, thanks to people like Cheng Xiaoning.
November 23, 2016
Samsung Note 7 fires risk hurting demand for other products
SEOUL (Oct 5): Kong Tse has seen first-hand how the global uproar over flammable Samsung Note 7 smartphones is playing out with consumers. The 26-year-old, who hawks devices in the warrens of Hong Kong’s Wanchai Computer Center, says sales of the compan
October 05, 2016
Tech
Apple's iPhone 7 more expensive to make: IHS Markit
BENGALURU (Sept 21): Apple Inc is spending more to manufacture its iPhone 7 smartphone than predecessor iPhone 6S due to features such as a bigger battery and larger storage capacity, according to a teardown by IHS Markit Ltd.
September 21, 2016
Worldwide smartphone market flat but Huawei grew by 64% in 1Q, says IDC
SINGAPORE (June 16): Huawei, harbouring ambitions to overtake Samsung and Apple to become the world’s largest smartphone maker, has shipped 28.3 million units in the first quarter this year, up 64% y-o-y, even as overall market stayed flat.
June 16, 2016