Consumer Discretionary Consumer Electronics

More

  • BEIJING/ HONG KONG, Jan 15- Smartphone maker Xiaomi Inc said on Friday it had shipped more than 70 million handsets in 2015, undershooting its own target and casting doubts about the growth prospects of China's most valuable tech startup in a cut-throat market. A spokeswoman for the company once pipped as Apple Inc's biggest rival in China declined to say why...

  • Is Best Buy worth buying? Thursday, 14 Jan 2016 | 1:39 PM ET
    Is Best Buy worth buying?

    BB&T Capital Markets analyst Anthony Chukumba and Morningstar analyst R.J. Hottovy talk about what's ahead for electronics retailer Best Buy.

  • GoPro shares hit all-time low Thursday, 14 Jan 2016 | 1:00 PM ET
    Nick Woodman, founder and CEO of GoPro kisses a GoPro camera during the company's initial public offering at the Nasdaq Stock Exchange on June 26, 2014 in New York City.

    Investors are selling GoPro just as enthusiastically as they once bought it.

  • The largest U.S. consumer electronics retailer's U.S. comparable sales, excluding the impact of installment billing plans, fell 7.2 percent in the mobile phones and computing products category in the nine weeks ended Jan. 2. Consumer demand across retail remained uneven during the holiday season, Chief Executive Hubert Joly said on a conference call.

  • Jan 14- Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter due to weak demand for mobile devices, scanners and printers in the holiday season. The company's U.S. comparable sales, excluding the impact of installment billing plans, fell 7.2 percent in the mobile phones and computing products category in the nine weeks...

  • *2016 capex likely $9 bln to $10 bln. Demand for high-end smartphones has started the year weak, while in other segments there are already signs of upward demand momentum in emerging markets including China, the world's biggest for smartphones, TSMC said. Last year's total capex of $8.12 billion came as a slump in the global technology sector and slowing economic...

  • TAIPEI, Jan 14- Taiwan Semiconductor Manufacturing Co Ltd on Thursday estimated capital expenditure for this year of $9 billion to $10 billion, at least 10 percent more than the four-year low of 2015.. Last year's total of $8.12 billion came as a slump in the global technology sector and slowing economic growth in China, the world's largest smartphone market,...

  • VR could be an $80B industry: Analyst Wednesday, 13 Jan 2016 | 11:27 AM ET
    VR could be an $80B industry: Analyst

    Goldman Sachs equity analyst Heather Bellini explains how virtual reality could reach beyond gaming and change how businesses operate.

  • Jan 13- Chipmaker Qualcomm Inc and Japan's TDK Corp said they have formed a $3 billion joint venture to supply key components and modules used to communicate wirelessly with devices like smartphones, drones, robots and Internet of things. Qualcomm Global Trading Pte Ltd will hold 51 percent of the new venture RF360 Holdings, while the remaining 49 percent will...

  • Most notably, BMW has created a 200- strong digital innovation hub in Chicago, hiring software engineers who worked for mobile phone pioneer Nokia, as the German carmaker seeks to get ahead in the area of assistance systems and software applications. "Their task is to develop a premium experience in the digital area and in mobility services," BMW board member Ian...

  • A Sharp Corp. logo is displayed on a door at the entrance to the company's plant in Yaita, Tochigi Prefecture, Japan, on Thursday, Nov. 19, 2015.

    Japanese government-backed fund INCJ has offered to invest $1.7 billion in Sharp, the Nikkei business daily reported.

  • T-Mobile's Legere: Who the EFF are you? Friday, 8 Jan 2016 | 6:00 PM ET
    John Legere, president and CEO of T-Mobile

    T-Mobile CEO tweets a video response to the Electronic Frontier Foundation after being questioned about network neutrality.

  • Jan 8- Shopping from mobile devices jumped 59 percent during the U.S. holiday shopping season, data from analytics firm Comscore Inc showed, as consumers were lured by attractive deals and shipping options. Shoppers spent a total of $12.7 billion through smartphones and tablets beating Comscore's forecast of $11.7 billion, the company said.

  • Panasonic, Sony are reviving the turntable Friday, 8 Jan 2016 | 8:00 AM ET
    Panasonic, Sony are reviving the turntable

    Two Japanese electronics giant try to redefine the turntable with their latest set of high-tech music products.

  • Hoverboard copyright infringement at CES Friday, 8 Jan 2016 | 8:00 AM ET
    Hoverboard copyright infringement at CES

    U.S Marshals shut down a hoverboard maker's stand at the Consumer Electronics Show.

  • LAS VEGAS, Jan 8- Germans love the latest wave of touch-free car controls, which respond to the flick of a wrist or the swipe of a hand, as it means no messy fingerprints on their spotless dashboards. A simplistic stereotype, but it captures the split among the world's drivers over the newest in-car tech on display at the Consumer Electronics Show in Las Vegas this...

  • Tri:Factor: Top tech themes for 2016 Friday, 8 Jan 2016 | 12:45 AM ET
    Tri:Factor: Top tech themes for 2016

    Bryan Ma, VP of client devices research at IDC, says this year's top tech themes include slowing of the smartphone market, the rise of augmented and virtual reality; and hype over artificial intelligence.

  • Samsung faces stiff competition in China: Analyst Friday, 8 Jan 2016 | 12:23 AM ET
    Samsung faces stiff competition in China: Analyst

    Samsung is losing out to Chinese rivals such as Huawei, Xiaomi and LeTV in the low-end smartphone segment in the mainland, explains Patrick Moorhead, president and principal analyst at Moor Insights & Strategy.

  • This is the key risk for Samsung Thursday, 7 Jan 2016 | 10:24 PM ET
    This is the key risk for Samsung

    Samsung has not managed to hit its 2013 high as it struggles with topline growth, says Satish Lele, APAC VP of Consulting at Frost & Sullivan.

  • Is this the next big thing in TVs? Thursday, 7 Jan 2016 | 12:04 PM ET
    Show attendees check out the new Samsung 2016 SUHD TVs, which feature Quantum dot display and bezel-less curved design, at CES 2016 at the Las Vegas Convention Center on Jan. 6, 2016, in Las Vegas.

    CES has historically been the launching pad for advances in the TV industry. But several touted breakthroughs in recent years haven't excited consumers.