Samsung Electronics announced Monday that it will spin off its LCD business division to launch a new entity provisionally called Samsung Display Co., set to go live on April 1, 2012. The move awaits shareholder approval, but the new business will reportedly launch with about $668 million in paid-in capital to start working with.
Samsung Electronics Co said on Tuesday it is considering various options to improve competitiveness of its loss-making LCD flat-screen business but declined to comment on a media report that it may spin off the operation.
The heated battle between Samsung and Apple rages on as both companies vie for dominance of the mobile industry. Over the last year, Apple and Samsung have run a close race in both smartphone and tablet sales; with the upcoming release of the Samsung Galaxy Tab 2 and, allegedly, the pending announcement of the Apple iPad 3, both Samsung and Apple will continue to encroach on each other's mobile industry market share.
The constant rumor mill churning around online megalith Amazon.com (AMZN) has offered up a new hatchling, in brick and mortar form. The world's largest online retailer will open a physical store in Seattle, according to Good E-Reader, making it the first major online retailer to jump from an Internet Protocol address to actual zip code.
Samsung Electronics Co, the world's top television manufacturer, has seen TV sales firming up so far this year and plans to introduce cheaper TVs, as demand for lower-end models increase, the head of its TV business said on Wednesday.
South Korean electronics giant Samsung might roll out a 7mm-thick Galaxy S3 sometime in May 2012, the rumor mills suggest.
Samsung Electronics lost a bid to overturn a ruling barring its local unit from selling its Galaxy 10.1 tablets in Germany, handing a symbolic legal victory to Apple Inc in efforts to keep its lead spot in the tablet computer market.
European Union regulators are investigating whether Samsung Electronics breached antitrust rules in its legal battles against rivals, among them Apple, which use its mobile technology patents.
The European Commission opened an investigation into whether Samsung Electronics has distorted competition in the European mobile device market, breaking EU antitrust rules, the EU executive arm said in a statement on Tuesday.
Samsung Electronics lost a bid to overturn a ruling barring its local unit from selling its Galaxy 10.1 tablets in Germany, handing a symbolic legal victory to Apple Inc in efforts to keep its lead spot in the tablet computer market.
South-Korean electronics giant Samsung might have inadvertently listed its latest Galaxy S3 on the official Web site, according to latest reports.
Apple announced its most profitable quarter ever on Tuesday, but now that the bar is set so high, all eyes will be on the next iPad and iPhone to carry the company's success through the year.
Samsung's next-generation flagship Android device, the Galaxy S3, will not be launched in the Mobile World Congress 2012 (MWC) in Barcelona, as per the latest report.
Samsung Electronics Co posted a record 4.7 billion dollar quarterly operating profit, driven by booming smartphone sales.
Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, aided by its best-ever sales of smartphones and one-off gains.
A German court ruled against Samsung Electronics Co in a patent suit versus Apple, another leg in a long legal battle as the two technology giants jostle for top spot in the booming smartphone and tablet markets.
Samsung Electronics Co said on Friday a German court ruled against it in a patent lawsuit versus Apple over mobile technologies, part of a global legal battle the technology giants are waging.
Samsung Electronics Co said on Friday a German court ruled against it in a patent suit versus Apple over mobile technologies, and the firm has yet to decide whether to appeal the ruling.
Samsung Electronics Co said on Monday its U.S. operation plans to sell around $1 billion in bonds, its first major overseas debt sale in more than a decade, to fund its chip plant operations.
Samsung Electronics Co, the world's No.2 handset maker, will focus more on improving profits than boosting handset volume shipments, its chief executive Choi Gee-sung told Reuters on Tuesday.
Samsung Electronics Co, the world's biggest technology firm by revenue and the world's No.2 handset maker, is confident of its handset shipments overtaking that of Nokia this year, its chief executive said on Monday.
Samsung Electronics Co, the world's biggest TV manufacturer, expects the global television market to grow around 7 to 8 percent this year, and aims to grow at double that rate with a company sales target of around 50 million sets.
