South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.
Business
Jan 17, 2012
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Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.
Business
Jan 6, 2012
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Electronics and manufacturing giant Toshiba said Wednesday it is to shut three semiconductor factories in Japan as part of a reorganisation of its business, as it grapples with falling profits.
Business
Nov 30, 2011
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Logitech has pulled the plug on Google TV set-top boxes, saying consumers just aren't ready for the device which merges television and the Internet.
Consumer & Gadgets
Nov 11, 2011
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Taiwan smartphone maker HTC Corp. says its third quarter earnings grew 68 percent from the same period last year, with shipments reaching 13 million handsets.
Business
Oct 31, 2011
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Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.
Business
Oct 27, 2011
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The New York Times added more than 40,000 digital subscribers in the third quarter but advertising revenue continued to slide.
Business
Oct 20, 2011
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Mobile phone maker Sony Ericsson posted a break-even third quarter Friday - blaming the drop in earnings on higher taxes and lower margins - and announced that it is shifting its entire portfolio to smartphones next year.
Business
Oct 14, 2011
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German computer chip giant Infineon said Friday that high economic uncertainty had hurt its fourth-quarter earnings and would weigh on sales in the coming months as well.
Business
Oct 14, 2011
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German software giant SAP said Friday its profits more than doubled in the third quarter thanks to strong sales and lower legal costs related to litigation with arch-rival Oracle.
Business
Oct 14, 2011
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