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Samsung Says Q1 Profit Likely Rose 44 Percent Due to Sales Surge in Smartphone and TVs, Matching Expectations
Samsung Electronics said first-quarter profit likely rose 44 percent, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted US output.
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Samsung Rides Remote Working, TV Watching-Fuelled Chip and Display Sales to Post Q4 Operating Profit
Samsung Electronics shares jumped after it said its fourth quarter operating profit likely rose 26 percent as coronavirus pandemic-driven remote working and TV-watching fuelled sales of chips and display panels.
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Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit
Samsung, the world's biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels.
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LG cites falling smartphone prices and higher marketing cost for Q4 loss
Among LG's consumer electronics businesses, mobile was the only division that lost money during the fourth quarter.
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Sharp shares soar on asset sales report
Shares in Japan's troubled electronics maker Sharp surged 13.22 percent Tuesday morning on a reported plan for a hefty asset sale, the day after rocketing 17 percent.
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Panasonic may sell non-core money-making business units to raise cash
Shares in Panasonic slipped 1.4 percent to a two-week low in Tokyo morning trade.
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LG to showcase Smart TV range with NFC, Miracast support at CES 2013
The TVs will also come with NFC stickers to enable faster media sharing between two devices with the Tag On feature.
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Sony's stock hits 32-year low over $1.9 billion bond issuance
Shares in Sony dived more than 10 percent to lows not seen since 1980 after the troubled electronics maker announced it would issue bonds worth 150 billion yen.
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Panasonic shares plunge after loss forecast
Shares in Panasonic dived nearly 20 percent after the electronics giant warned of a mammoth $9.6 billion net loss.
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Sharp shares jump after Intel investment report
Shares in Japan's Sharp jumped Friday on a report the embattled electronics maker may get a cash injection of more than $380 million from Intel.
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Sharp shares jump on asset sale, investment reports
Sharp shares jumped on Friday after a frenzy of reports said the troubled consumer electronics giant would sell key operations and court new investment.
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Samsung and LG in rare public battle about 3-D TV
South Korea's electronics giants are engaged in rare public mudslinging about whose 3-D television technology is better, as they battle for a greater share of a potentially huge global market.Samsung Electronics and LG Electronics, respectively the world's largest and second...
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Samsung Says Q1 Profit Likely Rose 44 Percent Due to Sales Surge in Smartphone and TVs, Matching Expectations
Samsung Electronics said first-quarter profit likely rose 44 percent, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted US output.
-
Samsung Rides Remote Working, TV Watching-Fuelled Chip and Display Sales to Post Q4 Operating Profit
Samsung Electronics shares jumped after it said its fourth quarter operating profit likely rose 26 percent as coronavirus pandemic-driven remote working and TV-watching fuelled sales of chips and display panels.
-
Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit
Samsung, the world's biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels.
-
LG cites falling smartphone prices and higher marketing cost for Q4 loss
Among LG's consumer electronics businesses, mobile was the only division that lost money during the fourth quarter.
-
Sharp shares soar on asset sales report
Shares in Japan's troubled electronics maker Sharp surged 13.22 percent Tuesday morning on a reported plan for a hefty asset sale, the day after rocketing 17 percent.
-
Panasonic may sell non-core money-making business units to raise cash
Shares in Panasonic slipped 1.4 percent to a two-week low in Tokyo morning trade.
-
LG to showcase Smart TV range with NFC, Miracast support at CES 2013
The TVs will also come with NFC stickers to enable faster media sharing between two devices with the Tag On feature.
-
Sony's stock hits 32-year low over $1.9 billion bond issuance
Shares in Sony dived more than 10 percent to lows not seen since 1980 after the troubled electronics maker announced it would issue bonds worth 150 billion yen.
-
Panasonic shares plunge after loss forecast
Shares in Panasonic dived nearly 20 percent after the electronics giant warned of a mammoth $9.6 billion net loss.
-
Sharp shares jump after Intel investment report
Shares in Japan's Sharp jumped Friday on a report the embattled electronics maker may get a cash injection of more than $380 million from Intel.
-
Sharp shares jump on asset sale, investment reports
Sharp shares jumped on Friday after a frenzy of reports said the troubled consumer electronics giant would sell key operations and court new investment.
-
Samsung and LG in rare public battle about 3-D TV
South Korea's electronics giants are engaged in rare public mudslinging about whose 3-D television technology is better, as they battle for a greater share of a potentially huge global market.Samsung Electronics and LG Electronics, respectively the world's largest and second...
