Reuters Technology Report: January 2, 2017

Click to View in Browser Monday, January 2, 2017 Apple partner Wistron seeks to expand India smartphone parts plant: government official MUMBAI (Reuters) - Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said on Monday. Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo SEOUL (Reuters) - Samsung Electronics Co Ltd will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. Bitcoin jumps above $1,000 for first time in three years LONDON (Reuters) - Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Apple to cut iPhone production in first quarter of 2017: report (Reuters) - Apple Inc will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday, citing calculations based on data from suppliers. Foxconn joint venture to build $8.8 billion LCD plant in China BEIJING (Reuters) - A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). China's Midea receives U.S. green light for Kuka takeover FRANKFURT (Reuters) - China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light. Silicon Valley's obscure unicorns could boost 2017 IPO market (Reuters) - Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. Amazon looks to the sky to store products (Reuters) - Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones. Continental CEO says jobs will be lost in shift to electric cars FRANKFURT (Reuters) - The shift to electric vehicles will cost jobs at German automotive supplier Continental, its chief executive told a newspaper, but he said many of those jobs would be offset by new positions related to electro-mobility. How ties to an 'equestrian princess' landed Samsung at center of a scandal SEOUL (Reuters) - Samsung Electronics Co's sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea's top company in the center of the country's influence-peddling scandal. Related Video Bespoke beer brewed according to your DNA Supersized humanoid robot unveiled in South Korea Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook