Nokia Officially acquired Alcatel-Lucent for €15.6 billion

Two of the biggest European communication companies are merging, Today, Nokia will officially acquire Alcatel-Lucent in an all-share transaction valued at €15.6 billion. The deal has been approved by the Board of Directors of each company and is expected to close in the first half of 2016, pending approval by Nokia’s shareholders, regulatory bodies and other considerations. It’s…

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Samsung Galaxy S6 Edge costs more to build than apple iPhone 6 PLUS

We already reported before that Samsung is facing supply shortage and manufacturing difficulties with its latest Dual-edged smartphone, Galaxy S6 Edge, due to it’s curved screen. Now, a new report by the research firm IHS, shows that the Samsung Galaxy S6 edge 64 GB (Verizon model) costs around $290 to build. This means the handset is more expensive to make than…

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A Samsung team of 200 employee is working to design Apple devices displays

They are Markets enemies but two of the biggest tech companies in the World, Apple and Samsung. Today, Bloomberg reports that the Korean giant Samsung has put together a team of 200 employee working on designing Apple display panels. This new Samsung team is reported to be formed since April 1st, and is said to be prohibited from discussing Apple…

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