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South Korea’s lifelong and conflicted ties with Samsung

  SEOUL / AP The family smartphones? An assortment of Samsung Galaxies. The flat-screen TV that illuminates the living room? A Samsung SUHD, with the brand name sparkling on the nameplate. The maker of the digital toilet seat? You guessed it: Samsung. It’s difficult for people outside South Korea to fully grasp what Samsung, a truly global brand, means inside ...

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Toshiba mulls spinoff of memory-chip business

  Wiesbaden / AFP Toshiba Corp., facing billions of dollars of writeoffs in its nuclear business, is considering spinning off its well-performing flash-memory unit to raise funds. Toshiba is considering an infusion of cash as part of the spinoff, said Kaori Hiraki, a spokeswoman for the Tokyo-based company. While a spinoff is one of the options, nothing has been decided ...

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Metals tycoon plans to make e-vehicles in India by 2020

  Bloomberg JSW Group, an Indian conglomerate with interests in metals to power generation, plans to venture into electric cars by 2020 on expectations the government will promote such vehicles and falling battery prices will make them more affordable. The Mumbai-based group will set up the electric-vehicle business on its own and initially buy batteries from suppliers, Chairman Sajjan Jindal, ...

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