May 7, 2024
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13min
The Company posted KRW 71.92 trillion in consolidated revenue on the back of strong sales of flagship Galaxy S24 smartphones and higher prices for memory semiconductors. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products. The Mobile eXperience (MX) Business posted higher earnings […]

April 4, 2024
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4min
SHENZHEN, CHINA – Media OutReach Newswire – 3 April 2024 – Global technology brand OnePlus today launched its new AI Eraser image editing feature for OnePlus smartphones. Powered by OnePlus’ proprietary large language model, AI Eraser marks a revolutionary step forward in smartphone technology, liberating user productivity and creativity with more intuitive experiences.     […]

November 10, 2023
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5min
      Samsung, a global leader in smartphone technology, continues to set new benchmarks in the world of mobile devices with its revolutionary Galaxy Foldable Smartphones. The latest additions to the Galaxy Z series, including the Galaxy Z Flip5 and Z Fold5, have garnered unprecedented attention from consumers, making waves in South Korea and […]

September 25, 2023
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4min
        Colombo, Sri Lanka: Singer, the exclusive distributor for Honor smartphones in Sri Lanka, marked a new era of affordable, cutting-edge mobile technology with the highly anticipated launch of the new line-up of Honor smartphones. The breakthrough release from China’s No. 1 Android smartphone manufacturer showcases the pinnacle of smartphone innovation, led […]

September 26, 2022
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5min
      The Commercial Bank of Ceylon has become the first Sri Lankan Bank to introduce card acceptance through Android smartphones, allowing its merchants to conveniently and cost effectively accept card payment transactions, changing the landscape of the digital payment industry in Sri Lanka with this state-of-the-art low-cost technology. The Bank has announced that […]

September 6, 2022
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5min
      Tuesday, 6th September, Colombo: HMD Global, the home of Nokia phones, announces the availability of 2 new smartphones – Nokia G11 Plus and Nokia C21 Plus in Sri Lanka. The new smartphones not only look good but maintains the robust build quality and long-lasting battery capabilities that Nokia phones became famous for […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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