ELECTRONICS

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Samsung Elec sound caution despite big profit

Samsung Electronics , the world's biggest maker of memory chips and LCD screens, joined other top tech names to rein in growing optimism over the sector's recovery, even after delivering best quarterly profit in 2- years.

Samsung Elec posts biggest profit in 2 1/2 yrs

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Samsung Electronics , the world's top maker of memory chips and LCD screens, posted its best quarterly profit in 2-½ years thanks to a turnaround in its memory chip business but maintained caution for the rest of the year.

Samsung Elec sounds caution despite big profit

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Samsung Electronics , the world's biggest maker of memory chips and LCD screens, joined other top tech names to rein in growing optimism over the sector's recovery, even after delivering best quarterly profit in 2- years.
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RIM likely out of running for Nortel unit

The chances that Canada's Research in Motion will enter a formal bid for the wireless assets of bankrupt Nortel Networks are slim as a bidding war develops for technology coveted by the world's leading telecom-equipment makers.
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Midday Minute - Tech - July 23

AT&T Inc posted a smaller-than-expected drop in quarterly profit as strong sales of Apple Inc's iPhone helped boost wireless subscriber growth. Some analysts are concerned that the company's dependence on the iPhone for much of its growth raised concerns about what would happen if it lost its exclusive rights to sell the phone in the U.S.
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AT&T profit and revenue beat Street

AT&T Inc on Thursday posted a smaller-than-expected drop in quarterly profit as strong sales of Apple Inc's iPhone helped boost wireless subscriber growth.
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AT&T profit falls but iPhone helps mobile

AT&T Inc on Thursday posted a smaller quarterly profit but revenue exceeded estimates as strong sales of Apple Inc's iPhone helped boost wireless subscriber growth, sending its shares up 4 percent in early trade.
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South Korea slaps $208 million fine on Qualcomm

South Korea's anti-trust agency imposed on Thursday a $208 million fine on Qualcomm Inc and ordered the U.S. wireless chip and technology firm to end discriminatory licensing practices and rebates.
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Amazon buying shoe seller Zappos for $928 million

Amazon.com said on Wednesday that it has reached a deal to buy online shoe retailer Zappos.com Inc for $927.9 million, mostly in stock, as the world's largest online retailer, known for its electronics and books, moves aggressively into shoes and apparel.
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Nortel deal may be to boost RIM patent store

Research In Motion looks like an odd suitor for Nortel Networks' mobile network equipment unit but the deal could help the BlackBerry smartphone maker plug gaps in its technology patent portfolio.
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Intel appeals to EU court over antitrust fine

U.S. chipmaker Intel Corp on Wednesday appealed to Europe's second highest court against an antitrust finding and a 1.06 billion euro ($1.50 billion) fine levied by EU regulators.
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LG Elec Q2 profit surges, strong margins to ease

LG Electronics Inc posted a record quarterly profit on strong mobile phone and TV sales, helping it win market share from rivals Nokia and Motorola but concerns over weaker margins may stall a rally in its shares.
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LG Elec Q2 profit surges on handsets, TVs

South Korea's LG Electronics Inc beat expectations with a record second-quarter profit and is set to outperform its peers this year thanks to a weak local currency and a strong lineup of mobile phones, TVs and appliances.
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LG Elec Q2 profit surges on handset, TV sales

LG Electronics Inc on Wednesday reported a surge in second-quarter operating profit as the strength of its mobile phone and TV businesses helped the company recover from the downturn faster than its peers.
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Former Apple Executive on look for Microsoft Retail Store locations

Microsoft Corp is strengthening its focus on its planned to open a retail store this fall. The company hired George Blankenship former Apple Vice President of real estate who helps Apple to acquire property for its controversial retail store strategy way back in 2001.
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Daily Wrap Up - Tech - July 21

Apple Inc posted a quarterly profit that blew past Wall Street forecasts thanks to strong sales of Mac computers and improved margins, sending its shares up more than 3 percent on Tuesday.
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Mideast, Africa mobile broadband to explode: report

Mobile broadband in the Middle East and Africa will expand to $6 billion in the next two years from the current $1 billion, spurred by an expanding network and falling prices, a telecoms advisory firm has said.

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