Samsung reports profit jump driven by strong chip demand

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SEOUL: Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 26% as it capped off a robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic. But the South Korean tech giant expects its profit to weaken in the … Read more

Yoshihide Suga Becomes Japanese Prime Minister as Abe Era Ends

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TOKYO—Yoshihide Suga was elected Japan’s first new prime minister in almost eight years, ushering in a rare period of political uncertainty as the country seeks to emerge from the coronavirus pandemic, navigate rising U.S.-China tensions and prepare for the Olympics in Tokyo next year. “What the people want is a quick end to the coronavirus … Read more

TikTok’s Founder Wonders What Hit Him

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Zhang Yiming was having breakfast at home in Beijing in July when a message popped on his computer screen. A friend sent a link featuring President Trump, in which he said the coronavirus came from China and, as part of a U.S. response, he might ban TikTok, the hit video app Mr. Zhang founded. Mr. … Read more