Samsung Electronics , the world's top maker of memory chips and LCD screens, gave a robust outlook, signaling bigger players are set to further widen the gap over smaller firms in a tech sector recovery.
(Corrects to remove reference in third paragraph to year-ago operating profit which was on a parent, not consolidated basis)
Samsung Electronics, the world's top maker of memory chips and LCD screens, reported on Friday its best ever quarterly net profit on a resurgent memory sector and forecast a strong 2010.
Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday record quarterly net profit on a resurgent memory sector and brisk sales of flat screens and mobile phones.
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At the CTIA conference in San Diego on Wednesday, Samsung and Sprint unveiled the Samsung Moment, a touchscreen handset that has an Android-based operating system.
News Corp chief Rupert Murdoch has held talks with Japanese and South Korean firms, possibly sounding out potential partners to rival Amazon.com Inc's Kindle electronic reader, sources said.
Samsung Electronics' stronger-than-expected quarterly earnings forecast on Tuesday failed to impress investors, who are worried a fast recovering won and competition are starting to cut into profits.
Samsung Electronics, the world's biggest maker of memory chips, said on Tuesday it remains cautious about the sector's outlook even as the industry emerges from its two-year slump.
Japan's NEC Electronics Corp will absorb Renesas Technology Corp after raising a total 200 billion yen ($2.2 billion) from their parent firms, which could smooth the way for the government to also extend aid to the loss-making chipmakers.
Japan's NEC Electronics Corp will absorb Renesas Technology Corp after raising a total 200 billion yen ($2.2 billion) from their parent firms, which could smooth the way for the government to also extend aid to the loss-making chipmakers.
MetroPCS Communications Inc said it has selected the infrastructure and initial handset providers for its fourth-generation long term evolution broadband service, which is expected to launch in the second half of 2010.
Shares of memory chip developer Rambus Inc rose 8 percent on Friday on speculation that Samsung Electronics would buy the company, but Samsung said it had no such plans.
Shares of memory chip developer Rambus Inc rose 8 percent on Friday on speculation that rival Samsung Electronics would buy the company for $25 to $27.50 per share.
Samsung Electronics Co Ltd aims to sell at least 2 million liquid crystal display televisions that use light-emitting diodes in 2009 and at least 10 million units in 2010, an executive said.
Sony Corp said it would sell an LCD TV assembly plant in Mexico to Taiwan's Hon Hai Precision Industry in a bid to cut costs by contracting out production and turn around its loss-making TV operations.
Samsung Electronics Co Ltd, the world's second-largest mobile phone maker, said on Monday it would open an online store for smartphone applications on September 14 in Europe.
More than a third of consumers in Western Europe will access the Internet using their mobile phones by 2014, according to a research report published by Forrester Research on Monday.
Samsung on Thursday unveiled the world's first dual view screen LCD cameras equipped with ground breaking technology.
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Sprint Nextel will sell Samsung Electronics phones including an advanced display technology that will improve battery life and video and photo quality, according to executives for the companies.
Sony Corp posted a smaller-than-expected quarterly loss, helped by an improvement in its struggling flat TV business, and said it was aiming to beat its official forecast and at least break even for the full year.