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Consumer Discretionary Consumer Electronics

  • Feb 1- "Things don't have to change the world to be important," Apple Inc co-founder Steve Jobs said in an interview in 1996.. Apple's shares rose as much as 5.8 percent to $128.30 early on Wednesday, their highest in 18 months, a day after the company dethroned Samsung Electronics Co Ltd as the world's top smartphone seller based on units shipped.

  • SAN FRANCISCO, Jan 31- Apple Inc reclaimed the throne as the world's top smartphone seller for the first time in five years on Tuesday, beating out rival Samsung in units shipped for the holiday quarter and boosting revenues with a strong showing for its new, top-of-the-line iPhone 7 Plus. The iPhone sales numbers, and a profit of almost $18 billion, both handily...

  • Shares of the world's most valuable listed company were up 2.6 percent at $124.50 in after-hours trading on Tuesday. Revenue in the Greater China region fell 11.6 percent to $16.23 billion, highlighting Apple's struggles in a hotly contested smartphone market. The company also forecast revenue of between $51.5 billion and $53.5 billion for the current...

  • Arran visits a retailer

    Arran visits one of the U.K.'s biggest electronics retailers to try to convince them to stock his product.

  • Pop-up shop Day

    Both Nathalie and Arran set up their pop-up shops to try and test the market for their unique products.

  • *Earlier this week, Barra said to step down as Xiaomi's VP. Jan 26- Facebook Inc has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi Inc, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said. The company pulled back from several overseas markets, including Singapore and...

  • *Earlier this week, Barra said to step down as Xiaomi's VP. Jan 26- Facebook Inc has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi Inc, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said. The company pulled back from several overseas markets, including Singapore and...

  • The U.S. Federal Trade Commission and Apple Inc have sued Qualcomm accusing it of resorting to "anticompetitive" tactics to maintain a monopoly over chips used in smartphones. Apple also filed a lawsuit against Qualcomm in Beijing on Wednesday, alleging that the chip supplier abused its clout and is seeking 1 billion yuan in damages. "Apple's attack on...

  • Will Apple's India push work?

    Mark Hung, research VP at Gartner, says that India could have a tougher time in India than in China.

  • MUMBAI, Jan 24- Bharti Airtel, India's largest telecoms network operator, reported its lowest profit in four years as competition from a new rival hit revenues that were also affected by a cash crunch, after the federal government scrapped high-value banknotes. A brutal price war has ensued in India's mobile phone market since the entry late last year of...

  • SEOUL, Jan 24- Samsung Electronics Co Ltd on Tuesday said fourth-quarter operating profit jumped 50 percent to its highest in over three years, as record earnings in its chips business masked the negative impact of its failed Note 7 phones. The world's biggest maker of smartphones and memory chips said October-December operating profit was 9.22 trillion won,...

  • What caused those Samsung Note S7 problems [Please do not upload, needs to be patched]

    Manoj Menon, MD at Frost & Sullivan, says that difficulty in pinpointing the root cause of Samsung's Note S7 problems is understandable.

  • SEOUL, Jan 23- Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong- jin said procedures had been put in place to avoid a repeat of the fires as the South...

  • SEOUL, Jan 23- Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong- jin said procedures had been put in place to avoid a repeat of the fires, as investors look...

  • SEOUL, Jan 23- Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress trade show this year, suggesting the flagship model's launch may be later in the year than its 2016 version. Samsung mobile chief Koh Dong- jin said the phone would not get a launch event at the MWC event in Barcelona, which begins...

  • Time to rethink lithium ion batteries?

    Patrick Moorhead, Moor Insights & Strategy, talks about Samsung's findings about the cause of its defective Note S7 phones.

  • SEOUL, Jan 23- Samsung Electronics Co Ltd on Monday said faulty batteries caused its flagship Galaxy Note 7 phones to catch fire and announced steps to avoid repeat incidents, as it tries to restore trust and regain momentum in the smartphone business. The announcement came more than three months after Samsung scrapped the short-lived competitor of Apple...

  • SEOUL, Jan 23- Samsung Electronics Co Ltd plans on Monday to reveal reasons behind the spontaneous combustion of its recalled Galaxy Note 7, as the world's biggest smartphone maker works to regain consumer trust before launching its next premium model. The announcement would come more than three months after Samsung scrapped the short-lived competitor of...

  • Apple CEO Tim Cook outside a Temple in Mumbai

    India is considering giving Apple a 15-year exemption on customs duty and some other incentives, BuzzFeed reports.

  • *Samsung likely to announce Note 7 findings on January 23- source. SEOUL, Jan 16- Samsung Electronics Co Ltd's investigation into what caused some Galaxy Note 7 s to catch fire has concluded that the battery was the main reason, a person familiar with the matter told Reuters on Monday. The world's biggest smartphone maker will likely announce the results of the...