Consumer Discretionary Consumer Electronics

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  • SEOUL, South Korea— LG Electronics Inc. said Thursday its second-quarter net income jumped 19 percent thanks to strong sales of high-end TVs and home appliances that outweighed another quarterly loss in its handset business. Its April-June earnings came in at 268.51 billion won, on sales of 14 trillion won. LG said its TV and home appliance divisions reported...

  • *Q2 profit $7.2 bln, in line with earlier guidance. SEOUL, July 28- South Korean tech giant Samsung Electronics Co Ltd said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones. April-June profit rose 18 percent from a year earlier to 8.1...

  • SEOUL, South Korea— Samsung Electronics Co. reported Thursday forecast-beating earnings results that were the best in two years as consumers snapped up its Galaxy smartphones, in a sign the company is getting its mojo back while rivals fail to deliver new smartphones. Samsung, the world's largest smartphone maker, said its April-June net income rose 2 percent...

  • SEOUL, South Korea— LG Display Co., a supplier of Apple's iPhone screens, said Wednesday that it will invest 1.99 trillion won to produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future. The South Korean company said mass production of flexible displays will start in late 2018, at a...

  • July 26- Chinese mobile phone maker Le Holdings Co Ltd, also known as LeEco, said it would buy U.S. consumer electronics company Vizio Inc for $2 billion.

  • The last-known VCR maker to stop production

    The Japanese company, Funai Electric, plans to stop making VCRs due to a decline in sales.

  • SEOUL, South Korea— Samsung Electronics Co. sued Chinese smartphone maker Huawei for allegedly violating six of its patents in the latest move in a series of deepening patent disputes between Asian smartphone giants. South Korea's Yonhap News said Samsung sued Huawei in Beijing for infringing on patents for smartphones worth 80.05 million yuan.

  • SEOUL, July 22- Tech giant Samsung Electronics Co Ltd said on Friday it sued smartphone rival Huawei Technologies Co Ltd for patent infringements through multiple courts in China, escalating a legal conflict between the two companies. The South Korean firm sued Huawei in a Beijing court for allegedly infringing six of its patents, a spokeswoman said.

  • NEW YORK/ TORONTO, July 19- BlackBerry Ltd sought to bolster its security credentials with a string of small deals on Tuesday but analysts said the jury was still out on the success of its turnaround and push into software. The smartphone pioneer, which abdicated the top spot in handsets to Apple and Android-based devices, said it had signed a five-year,...

  • NEW YORK/ TORONTO, July 19- BlackBerry Ltd said on Tuesday it had signed a five-year, multimillion-dollar deal to run emergency notifications for the U.S. Senate, among a handful of small deals the company unveiled as it shifts its focus to software from smartphones. The Canadian company also said that AtHoc, a crisis communications firm it bought last year, had...

  • TAIPEI, July 18- Taiwanese micro-audio specialist Merry Electronics and China's Luxshare Precision Industry Co have agreed a potential 600 million yuan tie-up less than a month after a separate deal between the pair had been blocked. Taiwan regulates China- related investments in the island's technology industry very carefully, given that the sector is a...

  • A Pokemon Go user

    "Pokemon Go" is a fully fledged phenomenon with thousands of players buried in their smartphones.

  • Leaked photos of iPhone 7 Plus show this button missing

    Apple's next iPhone may not have a mute switch, according to photos leaked on Chinese site Weibo.

  • BRUSSELS, July 12- Alphabet Inc's Google has been given an extra 6 weeks to early September to respond to EU charges that it uses its dominant Android mobile operating system to squeeze out rivals, EU antitrust regulators said on Tuesday. The U.S. technology giant found itself under fire in April as the European Commission said its requirement that mobile phone...

  • Samsung vs. Apple

    Michael Yoshikami, Destination Wealth Management Founder & CEO, and Mark Spoonauer, LaptopMag.com, discuss whether Samsung is eclipsing Apple as the smartphone of choice with CNBC'S Kelly Evans.

  • *Q2 operating profit likely $7 bln, highest since Q1 2014. SEOUL, July 7- Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings. The world's top maker of smartphones and memory chips said its...

  • SEOUL, July 7- Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings. The world's top maker of smartphones and memory chips said in a regulatory filing its April-June profit was likely 8.1...

  • TORONTO, July 5- BlackBerry Ltd said on Tuesday it will stop making its Classic model, raising further doubts about the future of the smartphone pioneer's money-losing handset business as the company shifts its focus to software. "Clearly the Classic was not sufficiently retro-cool to attract new users," said John Jackson, a technology analyst at International...

  • TORONTO, July 5- Smartphone pioneer BlackBerry Ltd will stop making its Classic model, the company said on Tuesday, some 18 months after launching the device it had hoped would entice users who prefer a physical, rather than touchscreen, keyboard. Blackberry's move is the latest shift away from its money-losing handset business and toward its software.

  • TORONTO, July 5- Smartphone pioneer BlackBerry Ltd will stop making its Classic model, the company said on Tuesday, some 18 months after launching the device it had hoped would entice users who prefer a physical, rather than touchscreen, keyboard. BlackBerry has since launched a phone powered by Alphabet Inc's Android software and plans several more, and...