Related topics: iphone

Samsung 3Q profit slides 23 percent

(AP) -- Samsung Electronics said quarterly profit slid 23 percent as weaker demand for flat panels and computer chips offset booming smartphone sales that were estimated to have surpassed those of industry pioneer Apple.

'Collapse' in semiconductor demand hits ASML

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

Yen fall returns Nintendo to profit (Update)

Nintendo is making money again courtesy of a weaker yen but its business selling game machines is ailing, with sales of its flagship Wii U console still lackluster.

HP, Dell: PC makers in desperate need of a reboot

Hewlett-Packard Co. used to be known as a place where innovative thinkers flocked to work on great ideas that opened new frontiers in technology. These days, HP is looking behind the times.

Dish chief: Pay TV mergers needed to offset fees

Dish Network Chairman Charlie Ergen says that if the government doesn't act to curb the power of TV networks in fee disputes, pay TV distributors may have to merge to even the playing field.

Report: Kodak may file for bankruptcy

An uncomfortable suspicion that an icon of American business may have no future pushed investors to dump stock in Eastman Kodak Co. Wednesday.

Samsung Electronics reports 72% profit slump

South Korea's Samsung Electronics, the world's top computer memory chipmaker, has announced its first-quarter net profit fell 72 percent year-on-year as poor demand depressed prices.

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