Samsung Electronics chairman Lee Kun-hee dies at 78

Seoul:  Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is equivalent to a fifth […]

Pandemic likely to delay penetration of EVs in India

The coronavirus pandemic is expected to delay the penetration of electric vehicles in India, as low affordability and the government’s priority on reviving existing conventional automobile industry shift the focus away from EVs in the interim, according to rating firm Ind-Ra. The passenger vehicles segment of e-mobility will face a double whammy, as consumers would […]