Technology Shares Move Higher -- Tech Roundup

Features Dow Jones Newswires

Technology shares rose.

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Samsung Electronics Co. said it would invest about $760 million to double its production capacity for mobile phones and refrigerators in India, a critical market for the world's largest smartphone maker.

Ambarella shares sank as it beat Wall Street predictions on both first-quarter adjusted EPS and sales, but the company set modest sales expectations for the second quarter.

Amy Pessetto, amy.pessetto@dowjones.com

(END) Dow Jones Newswires

June 07, 2017 18:01 ET (22:01 GMT)