manufacturer

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Corp., an American gun manufacturer, has been facing declining sales in recent years, struggling to improve performance. The company announced that quarterly sales dropped 25% compared to the fourth quarter of last year and profit..

Sony Predicts Highest Annual Profit

Sony Predicts Highest Annual Profit

On Tuesday, Sony (NYSE: SNE) announced forecasts of highest ever profit this year by restructuring the company and focusing more on gaming and image sensors. Since March of 1998, the company’s earnings have been soaring due to strong sales of ..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

South Australia Picks Tesla to Build the Largest Battery System in the World

South Australia Picks Tesla to Build the Largest Battery System in the World

Tesla Inc. (NASDAQ: TSLA) has reportedly agreed to build the world's largest lithium-ion battery storage project in South Australia. The electric car manufacturer has outbid 91 other companies and won a contract to build a 100 megawatt facility...

Samsung's South Korean Investment

Samsung's South Korean Investment

South Korean conglomerate Samsung Electronics Co has announced on July 4 its intention to invest about $18.6 billion to ensure that its lead in advanced smartphone displays and memory chips remain as it is. This investment is expected to generate ne..

Nvidia and Baidu Announced a Partnership to Expand Artificial Intelligence-Based Offerings

Nvidia and Baidu Announced a Partnership to Expand Artificial Intelligence-Based Offerings

NVIDIA Corporation (NASDAQ: NVDA), the chip-maker, and Baidu Inc (NASDAQ: BIDU), one of China’s leading cloud providers, announced a partnership to bring artificial intelligence technology to cloud computing, self-driving vehicles and AI home ..