Samsung heir Lee Jae-yong was freed after a South Korean appeals court gave him a suspended jail sentence for corruption in connection with a scandal that toppled the country's president.
Contrary to some analysts' subdued forecasts ahead of Apple's latest financial results, CEO Tim Cook says that Q1 2018 saw new revenue highs and iPhone X sales that "surpassed our expectations."
Apple is cooperating with U.S. government inquiries into its secret slowdown of older iPhones, further complicating its efforts to move past an issue that irked customers whose devices bogged down.
Smartphone chip giant Qualcomm posted mixed financial results amid a sluggish smartphone market as it makes its case to shareholders to reject a hostile takeover bid from Broadcom.
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