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  • SEOUL, Jan 8- Tech giant Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely rose 15 percent from a year earlier, missing expectations and fuelling concerns it may be in for another tough year due to slack gadget sales. Samsung said in a regulatory filing its October-December operating profit would likely be 6.1 trillion won,...

  • SEOUL, Jan 8- Tech giant Samsung Electronics Co Ltd on Friday said its fourth-quarter operating profit was likely 6.1 trillion won, up 15 percent from a year earlier but falling short of expectations. The October-December profit guided by Samsung in a regulatory filing compared with a 6.6 trillion won Thomson Reuters SmartEstimate derived from a survey of 30...

  • *Ceva up against car safety leaders such as Mobileye, NXP. TEL AVIV, Jan 6- Israeli chip designer Ceva Inc has set its sights on the rapidly growing market for automotive safety technology as it seeks to diversify beyond processors used in mobile phones. Ceva already licenses its designs to chipmakers such as Intel and Samsung, who embed its digital signal...

  • *Huawei 1st China firm to ship over 100 mln smartphones in a yr. HONG KONG, Jan 6- Huawei Technologies Co became the first Chinese handset vendor to ship more than 100 million smartphones in a year when its 2015 shipments defied a market slowdown and jumped 44 percent, thanks to strong sales domestically and in Western Europe. Huawei's upbeat performance comes at a...

  • *Strong sales in China and Western Europe. HONG KONG, Jan 6- Huawei Technologies Co has become the first Chinese handset vendor to ship more than 100 million smartphones annually, defying a market slowdown to challenge leaders such as Samsung Electronics Co and Apple Inc.. The Shenzhen- based company said on Wednesday its smartphone shipments rose 44 percent...

  • *Firm expected to guide for $5.5 bln in Q4 operating profit. SEOUL, Jan 6- Tech giant Samsung Electronics Co Ltd may be due for another profit drop in 2016, as slowing demand for consumer electronics saps momentum for the less-glamourous components businesses that offset last year's smartphone struggles. But slower growth in China and the persistent weakness...

  • Shares of Apple suppliers Skyworks Solutions, Qorvo Inc and Cirrus Logic, among others, also fell following the report. Other companies affected include Sony Corp, which makes image sensors used in iPhones, and electronic parts makers TDK Corp, Alps Electric Co Ltd and Kyocera Corp, the paper reported. LCD panel manufacturers Japan Display Inc, Sharp Corp and LG...

  • Jan 6- Apple Inc is expected to cut production of its latest iPhone models by about 30 percent in the January-March quarter, compared with its original plans, the Nikkei reported. Production is expected to return to normal in the April-June quarter, but Apple's parts makers likely to be affected will include liquid crystal display panel manufacturers Japan...

  • LAS VEGAS, Jan 3- Toyota Motor Corp and Ford Motor Co said on Monday they will adopt the same software to link smartphone apps to vehicle dashboard screens and invited other automakers to join them to counter Apple Inc and Google's push to control cars of the future. Adopting a connectivity standard not linked to Apple or Google may help automakers in China, the...

  • SEOUL, Jan 4- South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones. "Negative impact from weak demand and falling sales prices for semiconductor and liquid crystal display...

  • SEOUL, Dec 30- South Korea's LG Display Co Ltd and the panel-making unit of Samsung Electronics Co Ltd will supply organic light emitting diode screens for Apple Inc's iPhones, the Electronic Times reported on Wednesday citing unnamed sources. LG Display and Samsung Display declined to comment, while Apple could not be immediately reached for comment.

  • SEOUL, Dec 30- South Korea's LG Display Co Ltd and panel-making subsidiary of Samsung Electronics Co Ltd will supply organic light emitting diode screens for Apple Inc's iPhones, the Electronic Times reported on Wednesday citing unnamed sources.

  • Injong Rhee, head of Samsung Pay, speaks at the Samsung Unpacked Phone Launch last August in New York City.

    Samsung plans to expand its fledgling mobile payment service in the United States next year, allowing users to shop online.

  • CHICAGO, Dec 28- Samsung Electronics Co plans to expand its fledgling mobile payment service in the United States next year, allowing users to shop online and with more smartphones that support the electronic wallet. By accepting payments online, Samsung Pay will compete with established rival PayPal Holdings Inc, as well as newcomers such as Visa Inc's Visa...

  • TOKYO, Dec 28- Major Japanese firms plan to use their excess cash next year on capital investments and M&As rather than higher salaries, according to a Reuters poll, showing few businesses plan to heed Prime Minister Shinzo Abe's call for wage hikes. Telecommunications company NTT, seasoning maker Ajinomoto Co Inc and Asahi Kasei Corp were among the 21 firms...

  • *Expects Q2 loss 5- 12 cents/ shr vs est profit of 22 cents. Micron, which makes DRAM and NAND flash memory chips, forecast a loss of 5- 12 cents per share and revenue of $2.9 billion- $3.2 billion for the current quarter ending March 5. Analysts on average were expecting a profit of 22 cents and revenue of $3.46 billion, according to Thomson Reuters I/B/E/S.

  • SINGAPORE/ SEOUL Dec 22- Efforts to revive its once stellar smartphone fortunes may be doomed if Samsung Electronics cannot overcome its dominant engineering culture, according to serving and former executives and those who have dealt with the company. This culture, they say, has stymied many previous efforts to develop software and service platforms to...

  • *Shares rise as much as 8.1 pct on Apple patent deal. STOCKHOLM, Dec 21- Swedish mobile telecom gear maker Ericsson said it had signed a patent license deal with Apple Inc over technology that helps smartphones and tablets connect to mobile networks, sending its shares up much as 8 percent. An Apple spokesman in Europe had no immediate comment, referring to a January...

  • TOKYO, Dec 21- Toshiba Corp said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomerate, reeling from a $1.3 billion accounting scandal, focuses on chips and nuclear energy. The change in fortune at Toshiba, whose former executives have led Japan's business lobby and advised governments, comes as...

  • TOKYO, Dec 21- Japan's Toshiba Corp said on Monday it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal, in an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy. Toshiba also said it would sell its television manufacturing plant in Indonesia, and that eventual job...