James Song News
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Samsung Electronics Co., the world’s largest maker of mobile phones and TVs, reported higher-than- expected fourth-quarter earnings as sales of Galaxy smartphones withstood the debut of Apple Inc.’s iPhone 5.
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Samsung Electronics Co. promoted Lee Jae Yong to vice chairman, putting him a step closer to succeeding his father as leader of the world’s biggest maker of televisions and mobile phones. The shares rose to a record.
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LG Electronics Inc. , the world’s third-largest maker of mobile phones, posted an unexpected second straight quarterly loss after a slump in handset sales and lower earnings from home appliances.
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LG Display Co. , the world’s second- largest maker of liquid-crystal displays, posted a loss that’s smaller than analysts estimated on demand for panels for smartphones and tablet computers.
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HTC Corp., the second-largest maker of devices using Google Inc.’s Android software, lost a ruling in a patent case against Apple Inc. that sought to block U.S. imports of the iPhone, iPod Touch and iPad.
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Samsung Electronics Co. will start selling its rival to Apple Inc.’s iPad 2 in Australian stores before Christmas after the country’s highest court denied the U.S. company’s bid to maintain a ban on Samsung Galaxy tablets.
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Samsung Electronics Co., Asia’s largest consumer-electronics company, reported a record quarterly profit on surging sales of Galaxy phones and a one- time gain from selling its hard-disk drive business.
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Samsung Electronics Co., Asia’s largest consumer-electronics maker, posted first-quarter profit that beat analyst estimates as gains from selling phones and TVs helped mask a slump in earnings at the chip business.
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Apple Inc. sought to block sales of Samsung Electronics Co.’s latest Galaxy smartphones in the U.S., deepening their worldwide patent dispute and raising pressure on the maker of the biggest iPhone competitor.
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Samsung Electronics Co., the world’s largest maker of flat panels, said it will spin off its unprofitable liquid-crystal-display division as the company focuses on making thinner, brighter TVs.
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