Samsung's 2Q net profit surges 83 percent

(AP) -- Samsung's quarterly profit surged to a record high as sales of semiconductors, flat panels and TVs climbed, but the electronics giant warned that intensifying competition in areas like mobile phones could dent earnings ...

LG Electronics posts $229 million quarterly loss

(AP) -- LG Electronics reported its first quarterly loss in nearly two years as prices for flat screen televisions fell and devices like the iPhone provided stiff competition for its mobile phone business.

Obama to announce rare earth trade case against China

US President Barack Obama will Tuesday announce a new trade suit against China prompted by Beijing's restrictions on the export of rare earth materials used in manufacturing high-tech products.

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