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Apple partners Pegatron to set up ops in Vietnam

TAIPEI: Taiwan’s Pegatron Corp plans to set up production facilities in Vietnam, according to people familiar with the matter, becoming the latest Apple Inc assembly partner to establish a presence in the South-East Asian nation as they diversify beyond China.

Samsung engineering maven to lead world’s top phone business

Seoul: Samsung Electronics Co has appointed Taemoon Roh the head of its smartphone division, tasking a veteran executive with oversight of the world’s largest mobile devices business.

Chipmaker TSMC’s profit bigger than expected

TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC) projected quarterly revenue well above analysts’ estimates, underscoring hopes that the rollout of fifth-generation enabled smartphones in 2020 will galvanise growth for Apple Inc’s main chipmaker.

Vietnam’s trade surplus beats forecast

HANOI: Vietnam recorded a trade surplus of US$11.12bil last year, widening from a surplus of US$6.8bil in 2018, customs data showed, with smartphones, garments and electronic home appliances among the largest export earners.

Samsung to draw line under lacklustre 2019 with chip revival

SEOUL: With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant’s ills this year.