Shares surged on Thursday after the Japanese electronics manufacturer reported better than expected first quarter profits - albeit it a reading which showed a 70 per cent slide year-on-year.

South Korean tech giant Samsung Electronics said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones.

Toshiba is planning to start the manufacturing of the world's first 64-layer 3D NAND flash memory chips in the third quarter of 2016 with Samsung Electronics being expected to release the same type of products in the following quarter.

It is no secret that smartphone component manufacturing is slowing down, so is Samsung aiming for the next booming business, supplying batteries to electric vehicles?

Samsung Electronics expects to post its most profitable quarter in more than two years because of strong sales of its flagship S7 line of smartphones.

Samsung Electronics, which has continued streamlining its workforce on its home turf, reduced more than 10,000 employees in the all-important Chinese market during 2015.

Samsung is also reported to considering relocating its European headquarters in London to a location in Europe.

Tech giant Samsung Electronics said a power supply disruption at its China memory chip plant will have minimal market impact, with full-scale operations expected to resume in a few days.

Operations at Samsung Electronics' semiconductor plant in China were disrupted on Saturday following a blast at a local power station.

Advantest has installed its 800th V93000 Port Scale RF test system, with the landmark unit going into the production facility of Jiangsu Changjiang Electronics Technology (JCET), a leading Chinese semiconductor packaging assembly and test company.

Sluggish sales of Apple's iPhones are starting to hit Sony's bottom line, with the electronics company warning Tuesday that it expects the business that makes components for smartphones to post a wider operating loss.

Toshiba posted a wider-than-forecast operating loss after the troubled electronics conglomerate wrote down the value of its Westinghouse power unit.

Samsung Electronics said on Thursday that its first-quarter operating profit rose 12% from a year earlier, propelled by strong initial sales for its flagship Galaxy S7 smartphones.

Samsung Electronics is co-developing EMI shielding process that uses spray method with Protec, which is a South Korean company specializing in dispenser, Asymtek from the US, Hansol Chemical and Ntrium. While Protec and Asymtek are developing equipment, Hansol Chemical and Ntrium are developing EMI masking material that is in a form of ink. Samsung is planning to supply NAND-flash package with EMI shield to Apple when equipment and material are developed. It is predicted that supply will be possible starting from 2017.

Samsung Electronics is widening its lead with competitors in the solid-state drive (SSD) market, which is considered a growing field in the NAND memory semiconductor industry, dominating the market.

The takeover bid by Hon Hai of Taiwan for Sharp, a chronically loss-making Japanese electronics firm, is being watched closely as a test of Japan's openness to foreign investment. But it is also being scrutinised back in Taiwan.

Samsung Electronics is aiming to change its decades-long hierarchical system to adapt to the rapidly changing business environment.

Samsung Electronics plans to sharply cut its investments in memory chips as part of plans to focus on offsetting the growing risks of the industry's downturn.

Toshiba is in late-stage negotiations to sell its white goods business to Chinese household appliance giant Midea Group, a move that would mark another chapter in Japan's drastically changing home electronics industry.

MediaTek and Orange have announced a new collaboration to market IoT tailored offerings embedding ready-to-use cellular connectivity to address the growing industrial demand for connected objects. The agreement will address professional developers and manufacturers of IoT devices including consumer electronics products.

Samsung Electronics Display is ceasing the operations of its TV manufacturing plant in Seremban due to challenging business environment and changing market conditions.

Samsung Electronics and LG Electronics unveiled their latest smartphones at the Mobile World Congress industry show in Barcelona on Sunday, seeking to buck the slowdown in industry growth.

Two United States Marshals raided a booth at the Consumer Electronics Show on Thursday afternoon, walking away with several one-wheeled electric scooters. The company that makes the scooters, Changzhou First International Trade Co., was sued by American company Future Motion, on two claims of alleged patent infringement.

Samsung Electronics says its operating profit is likely to rise 15% in the fourth quarter from a year ago, missing market expectations.

Qualcomm Chief Executive Steve Mollenkopf has reason to be glad 2015 is over, after a series of disruptions and disappointments for the big chip maker. At the Consumer Electronics Show in Las Vegas, he launched a fusillade of Snapdragon processors designed to ensure a better year to come by taking that brand beyond its stronghold in smartphones.

The chief executive of semiconductor maker Renesas Electronics abruptly resigned Friday six months after he took the post, a move that comes as the company's principal shareholder considers strategic options.

A US trade judge said Nvidia infringed Samsung Electronics patents, offering another win for the Korean gear-maker in a running legal battle between the electronics companies.

It has been found that Chinese companies in the LCD and semiconductor industries are trying to acquire Korean firms in partnership with Samsung Electronics and SK Hynix as well as technical engineers.

German chip maker Infineon Technologies has expressed interest in investing in Japanese semiconductor firm Renesas Electronics, and Renesas is examining that idea along with other strategic options, according to people familiar with the situation.

Samsung Electronics plans to mass-produce a new processor that will be used in the company's next mobile devices, according to industry officials.

Samsung Electronics is tapping its $50 billion cash pile to buy back shares and invest in its components business after struggles in the smartphone division battered investors. Shares surged.

Tsinghua Unigroup, the state-backed Chinese firm that recently agreed to buy a stake in Western Digital, is close to acquiring local chip company Tongfang Guoxin Electronics, a person familiar with the matter said.

Micron Technology is spending over 100 billion yen ($830 million) to enable its Japanese facility in Hiroshima to mass-produce the next generation of memory chips in an attempt to take on global leader Samsung Electronics.

Samsung Electronics estimated July-September operating profit would leap 80% from a year earlier to 7.3 trillion won ($6.3 billion), higher than a 6.7 trillion won profit Thomson Reuters SmartEstimate derived from 30 analysts.

Samsung Electronics and SK hynix have clinched no overseas takeover deals for the semiconductor business this year, in contract to their global peers who've been strongly engaged in the merger and acquisition (M&A) activities.

In a bid to catch up and potentially gain new customers, Globalfoundries licensed 14nm LPE and 14nm LPP technologies from Samsung Electronics. However, going forward Globalfoundries hopes to develop its own manufacturing processes.

CEC is discussing a bid for Atmel, a maker of chips used in industrial machinery and cars, at about US$8.50 a share and the two sides are negotiating, people with knowledge of the process said.

Samsung Electronics has lost about 15% of its market value this year as its new flagship Galaxy S6 failed to impress and the founding Lee family was seen solidifying its control over Samsung Group's crown jewel, raising corporate governance concerns.

The new members added to the council include Leopold Beer, regional president Asia Pacific for Bosch Sensortec, Genda Hu, CEO of FocalTech Systems, Young Sohn, president and chief strategic officer of Samsung Electronics, Howard Yang, chairman and CEO of Montage Technology, and Charlie Zhi, president and CEO of Brite Semiconductor.