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  • *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. Samsung said April-June profit rose 18 percent from a year...

  • *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...

  • *LG building a new production line in South Korea. SEOUL, July 27- South Korea's LG Display Co Ltd said on Wednesday it will invest 1.99 trillion won to boost capacity for flexible organic light-emitting diode displays, its latest attempt to meet growing demand from mobile device makers. LG, in a regulatory filing, said it was building a new production line for...

  • July 26- China's Le Holdings Co Ltd, also known as LeEco, said on Tuesday it would buy U.S. consumer electronics company Vizio Inc for $2 billion. Irvine, California- based Vizio makes affordable flat screen televisions, soundbars and LCD monitors. Bank of America Merrill Lynch advised Vizio on the deal, while Latham& Watkins LLP was the legal counsel.

  • 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.

  • SAN JOSE, Calif. _ Sanmina Corp. on Monday reported fiscal third-quarter earnings of $29.5 million. For the current quarter ending in September, Sanmina expects its per-share earnings to range from 64 cents to 68 cents. Sanmina shares have risen 42 percent since the beginning of the year.

  • The U.S. Interior Department announced the kickoff of the pilot project Monday that uses a smartphone app and real-time wildfire information to create virtual boundaries, or geofences, that drones can't cross. "We believe this program, which uses the global positioning system to create a virtual barrier, will move us one step closer to eliminating this problem...

  • TOKYO— Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder. They can do so using VHS/DVD converters, known as "combos" in Japan. Funai's VCR factory, which is in China, is off-limits to media coverage for security reasons because other products are made at the same plant, he said.

  • TOKYO— Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder. A spokesman, who requested anonymity citing company practice, said Monday production will end sometime this month, although it declined to give a date, because key component makers are pulling out, due to shrinking demand for VCRs.

  • TOKYO, July 25- Shares of Nintendo Co tumbled as much as 18 percent early on Monday after the company said smash-hit mobile game Pokemon GO would have only a limited impact on its earnings. Nintendo said its affiliate Pokemon Co receives licensing and fees from the game's developer, Niantic Inc, and that profits at Nintendo from those revenues would be limited.

  • TORONTO, July 22- Canada's main stock index hit its highest close in a year on Friday, notching a fourth straight weekly gain as yield-producing telecom and utility stocks found favor, offsetting a plunge in shares of Valeant Pharmaceuticals International Inc.. Its rivals, which have not yet reported second-quarter numbers, also gained, with Telus Corp adding...

  • LONDON, July 22- European stock markets slipped on Friday, weighed down by falls in mining companies and Swedish construction group Skanska. The STOXX 600 index is up by around 10 percent from a low point reached in June in the immediate aftermath of Britain's shock vote to quit the European Union, but the index remains down by around 7 percent since the start of...

  • 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.

  • TOKYO, July 22- Nearly four in 10 Japanese manufacturers say they may cut their annual earnings targets in the wake of Britain's decision to leave the European Union, fretting about the impact of a surge in the safe-haven yen, a Reuters poll showed. Almost all firms flagging possible downward revisions said they expected any cuts to be small rather than large,...

  • TORONTO _ Celestica Inc. on Thursday reported second-quarter net income of $36.2 million. For the current quarter ending in October, Celestica expects its per-share earnings to range from 27 cents to 33 cents. Celestica shares have decreased nearly 9 percent since the beginning of the year.

  • BEIJING, July 21- Samsung Electronics is to pay 3 billion yuan for a stake in Chinese automaker and rechargeable batteries firm BYD Co Ltd, the Chinese company said in a stock exchange filing on Thursday. Samsung Electronics said last week it was in talks to acquire a stake in BYD to boost its automotive chip business, after the Korea Economic Daily first reported...

  • TAIPEI, July 21- Taiwan stocks rose on Thursday, buoyed by strength in overseas markets and better-than-expected June export orders data. The main TAIEX index was up 0.6 percent at 9,060.00 as of 0229 GMT, after closing down 0.3 percent in the previous session. The Taiwan dollar softened T $0.029 to T $32.080 per U.S. dollar.