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Selfie touch-up app Meitu gauges interest in $750mn IPO

  Bloomberg Chinese mobile developer Meitu Inc. started testing demand for a proposed Hong Kong initial public offering of about $750 million, which could become the city’s biggest technology listing in nearly a decade. The Xiamen-based company, which makes apps used to touch up selfie photos, will gauge interest from potential investors from Monday through Dec. 2, according to terms ...

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Qualcomm, Samsung collaborate on 10nm process technology

  Dubai / Emirates Business Qualcomm Incorporated (NASDAQ: QCOM) has announced that its subsidiary, Qualcomm Technologies, Inc. (QTI), and Samsung Electronics Co., Ltd., have extended their decade-long strategic foundry collaboration to manufacture Qualcomm Technologies’ latest Snapdragon premium processor, Qualcomm® Snapdragonâ„¢ 835, with Samsung’s 10-nanometer (nm) FinFET process technology. The decision to use Samsung’s cutting edge process in the next generation ...

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Apple to abandon development of wireless routers

  Bloomberg Apple Inc. has disbanded its division that develops wireless routers, another move to try to sharpen the company’s focus on consumer products that generate the bulk of its revenue, according to people familiar with the matter. Apple began shutting down the wireless router team over the past year, dispersing engineers to other product development groups, including the one ...

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