Consumer Discretionary Consumer Electronics

  • Samsung home appliances on display at an event in Los Angeles, California.

    Samsung said it was working with a U.S. consumer product safety regulator to address safety issues related to some of its washing machines.

  • Sept 28- Samsung Electronics Co Ltd said it was working with a U.S. consumer product safety regulator to address safety issues related to some of its top-load washing machines. The world's top smartphone maker is already reeling from a global recall of at least 2.5 million Note 7 smartphones in 10 markets due to faulty batteries causing some phones to catch fire.

  • SEOUL, Sept 29- Samsung Electronics Co Ltd said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1, when the firm plans to resume sales of the device in its home market. On Sept. 2, Samsung announced a global recall of at least 2.5 million Note 7 s in 10 markets due to faulty batteries causing...

  • In a model for how it plans to keep BlackBerry-branded handsets in the market, the company said it had signed a deal with Indonesia's BB Merah Putih to manufacture, distribute and promote new devices in that country, its largest handset market. BlackBerry said it was in late-stage discussions for a similar deal in China and working on several India initiatives.

  • TORONTO, Sept 28- BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. The company signed a deal with Indonesia's BB Merah Putih to manufacture, distribute and promote its branded devices in that...

  • BlackBerry CEO on hardware

    John Chen, BlackBerry Chairman & CEO, discusses the company's shift away from building their own hardware.

  • TORONTO— BlackBerry plans to stop making its signature smartphones internally, signaling a strategic shift for a company that built its reputation on innovative smartphone technology. "We believe that this is the best way to drive profitability in the device business," BlackBerry chairman and CEO John Chen said in a statement Wednesday.

  • BlackBerry stops making its own phones

    The Canadian company announces it will outsource smartphone development in a strategic shift.

  • TORONTO, Sept 28- BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. The company signed a deal with Indonesia's BB Merah Putih to manufacture, distribute and promote its branded devices in that...

  • TORONTO, Sept 28- BlackBerry Ltd will outsource the development and design of its flagship smartphone, an industry it helped pioneer, as it bets its future on software and services, the Canadian technology company said on Wednesday. The company also said Chief Financial Officer James Yersh would leave effective Oct. 1 for personal reasons, with former Sybase...

  • Samsung Recall

    Samsung's recall process didn't start well but now about 60 percent of the faulty models have been recalled, says Technalysis Research's Bob O'Donnell.

  • SEOUL, Sept 27- Samsung Electronics Co Ltd said on Tuesday it has recovered more than 60 percent of all Galaxy Note 7 smartphones sold in South Korea and the United States that have been recalled. In a statement, Samsung said it was focused on replacing all affected devices "as quickly and efficiently" as possible and reiterated its request that customers affected...

  • Xiaomi Launch

    Xiaomi is facing up to strong smartphone players such as Huawei and Oppo in China, says China First Capital's Peter Fuhrman.

  • SEOUL, Sept 25- Tech giant Samsung Electronics Co Ltd said on Sunday it was delaying the start of new Galaxy Note 7 smartphone sales in South Korea by three days to Oct. 1, a move it says is needed for speedy completion of the ongoing recall in the country. Samsung announced on Sept. 2 a recall of at least 2.5 million Galaxy Note 7 smartphones in 10 markets, including South...

  • SEOUL, Sept 25- Tech giant Samsung Electronics Co Ltd said on Sunday it was delaying the start of new Galaxy Note 7 smartphone sales in South Korea by three days to Oct. 1, a move it says is needed for speedy completion of the ongoing recall in the country. Samsung earlier this month initiated a recall of at least 2.5 million Galaxy Note 7 smartphones in 10 markets...

  • DAR ES SALAAM, Sept 23- Tanzania has regained full ownership of the country's oldest telecoms operator after buying out a 35 percent stake from India's Bharti Airtel. Like other African countries, mobile phone use has surged in Tanzania over the past decade, helped by cheaper smartphones, with mobile phone subscribers rising by 25 percent in 2015 to 39.8 million,...

  • MUMBAI/ BEJING, Sept 23- Chinese telecoms giant Huawei Technologies Co Ltd will start making smartphones in India next month, the company said on Friday, joining a wave of compatriots setting up plants in the world's third-biggest mobile market. India is trying to attract manufacturing into the country as part of Prime Minister Narendra Modi's "Make in India"...

  • SEOUL, Sept 22- South Korea said on Thursday it ordered Samsung Electronics Co Ltd to take additional measures to ensure that batteries used in Galaxy Note 7 handsets are safe, as the firm prepares to resume sales of the smartphone in South Korea. The firm is already issuing replacement devices using what it says are safe batteries in several markets including...

  • SEOUL, Sept 22- South Korea said on Thursday it ordered Samsung Electronics Co Ltd take additional measures to ensure that batteries used in Galaxy Note 7 handsets are safe, as the smartphone giant prepares to resume sales in South Korea. The Korean Agency for Technology and Standards, in a statement, said it formally approved Samsung's plan to recall Note 7...

  • TORONTO, Sept 21- BlackBerry Ltd has agreed to offer anti-hacking software from a startup that last year discovered a major Android bug, it said on Wednesday, as the once-dominant smartphone company seeks to leverage ties to corporate and government clients to boost its software revenue. BlackBerry's enterprise sales force will resell Zimperium's zIPS...