NPD: US holiday electronics sales drop 5.9 percent

(AP) -- U.S. sales of consumer electronics fell 5.9 percent this past holiday season, as smartphones cannibalize sales of standalone gadgets like cameras, camcorders and GPS navigation devices.

Samsung tips record Q4 operating profit of $4.5bn

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.

Samsung seeks iPhone sales ban in Japan, Australia

South Korea's Samsung Electronics said Monday it is trying to block the sale of Apple's newest iPhone in Japan and Australia, escalating a legal battle with the US company after several setbacks.

Samsung seeks sales ban on iPhone 5

South Korea's Samsung Electronics will file lawsuits to try to block the sale of Apple's iPhone 5 as part of its global legal tussle with the US technology giant, a report said Tuesday.

Microsoft CEO sees Windows as key to growth plan

(AP) -- Microsoft CEO Steve Ballmer expects the Windows operating system to be "front and center" in the software maker's growth strategy despite a recent slowdown in personal computer sales.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

PC maker Lenovo says profit up 25 percent

(AP) -- Chinese personal computer maker Lenovo said Thursday its quarterly profit rose 25 percent on double-digit sales growth in developing markets.

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 ...

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