Samsung promotes chairman's son to president

(AP) -- A scion of the family that founded the sprawling Samsung conglomerate has been promoted to president at the flagship electronics business, sending its shares to a record high.

Samsung chairman says son to be promoted

(AP) -- The chairman of Samsung Electronics said Wednesday his son will be promoted to a more powerful executive position, preparing the global technology giant for an eventual change in leadership.

Google working on phone with built-in payment tool

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually enable the devices to replace credit cards.

Samsung, Sony book profits but wary of road ahead

(AP) -- Three of the world's biggest names in electronics - Samsung, Sony and Panasonic - are bracing for weaker global demand and a rocky road even as they reported stellar quarterly profits Friday.

Samsung 3Q profit at record high but outlook mixed

(AP) -- Samsung Electronics Co., the world's largest manufacturer of computer memory chips, said business conditions are deteriorating due to anemic recoveries in advanced economies even as it reported a 17 percent jump ...

Hynix net profit surges to record as sales rise

(AP) -- Hynix Semiconductor, the world's second-largest manufacturer of computer memory chips, said third-quarter net profit more than quadrupled to a record high as increased shipments helped make up for chip price declines.

Samsung 3Q earnings likely to fall from record

(AP) -- Samsung Electronics, the world's biggest seller of computer memory chips, forecast Thursday that third-quarter operating profit likely eased from the previous quarter's record high amid signs that growth in global ...

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