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Samsung net profits plummet as chip market weakens

The world's biggest smartphone and memory chip maker Samsung Electronics reported second-quarter net profits slumping by more than half in…

Australian operator makes second mass jobs cut

Australian telecommunications operator Telstra has announced that it will sack another 752 employees from its workforce as part of the…

Indian operator looking to raise $1bn to expand its 4G network

Indian telecommunications incumbent Bharti Airtel is actively exploring ways it can refinance its existing debt and raise capital for expanding…

ZTE forecasts loss of $343m in 2016 – following settlement with US government

ZTE has suffered fresh woe just hours after it disclosed details of its settlement with the US government in which…