Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Visa to Move European Headquarters to London’s Canary Wharf 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Samsung Electronics Co. Ltd. is joining forces with Qualcomm and Google to build an ecosystem dedicated to extended reality or the XR. The South Korean electronics company headquartered in Yeongtong-gu, Suwon, revealed the partnership last week during the Galaxy Unpacked event that was held in San Francisco.
According to Yonhap News Agency, Qualcomm's chief executive officer, Cristiano Amon and Google's senior vice president of Android, Hiroshi Lockheimer, attended the event and appeared on stage with Samsung Electronics' president of Mobile eXperience business, Roh Tae Moon. They announced their collaboration for XR experience there.
Lockheimer explained the importance of their collaboration which will bring together the best state-of-the-art hardware and software technologies to create the next-generation digital experiences for the world.
The executives did not mention any specific products that are currently under development, but business observers believe that Samsung Electronics may make some XR headsets with Google's operating system (OS) and Qualcomm's chipset. The companies did not provide an exact timeline for their project as well.
The announcement of Samsung, Qualcomm, and Google's deal came amid speculations that the South Korean firm is looking to compete with Apple in the virtual reality field. In fact, it may introduce its first virtual reality (VR) headset as early as this spring.
"In partnership with Qualcomm and Google, we are working on a next-generation XR form factor," The Korea Economic Daily quoted Roh as saying during the Galaxy Unpacked event. "The three of us, who have deep trust in each other, are going to change the future of the mobile world with shared XR technologies."
He added, "We will transform the future of the mobile industry by building the XR ecosystem together with Qualcomm and Google. It will take time to introduce new products, but we will make progress and provide you with new updates."
