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Consumer Electronics

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  • SEOUL, Jan 29- Samsung Electronics Co Ltd on Thursday reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weakness in the South Korean giant's smartphone business. The result put the firm's 2014 profit at 25 trillion won, down from a record 36.8 trillion won in 2013 and the lowest since 2011, as the world's top...

  • Here's the upside in Samsung's Q4 earnings  Wednesday, 28 Jan 2015 | 7:23 PM ET

    Mehdi Hosseini, Senior VP of Semiconductors at Susquehanna Financial Group, discusses the rise in smartphone shipments and the stellar performance from Samsung's semiconductor division.

  • SEOUL, South Korea— Samsung lost the battle of the big phones last quarter as Apple's copycat large iPhone lured buyers in the crucial Chinese market. Samsung accounted for nearly one third of global smartphone sales in 2013, twice as much as Apple. Apple Inc. was behind Samsung's latest reversal in fortune, launching iPhones with bigger screens that robbed...

  • SEOUL, Jan 29- South Korea's Samsung Electronics Co Ltd said on Thursday that October-December profit fell 36 percent from a year earlier, confirming the firm's first annual earnings decline in three years. The world's top smartphone maker reported a fourth-quarter profit of 5.3 trillion won, compared with a 5.2 trillion won profit it guided for earlier this...

  • NEW YORK— For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices. The world's biggest online social network said Wednesday that advertising revenue jumped 53 percent to $3.59 billion for the fourth quarter—...

  • Mobile provider TracFone to pay $40M in federal settlement Wednesday, 28 Jan 2015 | 12:05 PM ET

    WASHINGTON— The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service. The Federal Trade Commission said Wednesday that TracFone's advertising promised unlimited data, but the company then drastically slowed...

  • LAPD chief: Cops in danger from Google app Wednesday, 28 Jan 2015 | 10:40 AM ET
    Waze app with icon showing police icons

    The chief of police of Los Angeles believes Waze "poses a danger to the lives of police officers in the United States."

  • SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...

  • What's next for Apple?  Tuesday, 27 Jan 2015 | 8:08 PM ET

    Steven Pelayo, Regional Head of Technology Research, Asia-Pacific at HSBC, explores how the U.S. tech firm can maintain its strong sales record with follow-up products like the iPhone 6s.

  • Can Apple sustain 70% growth in China?  Tuesday, 27 Jan 2015 | 6:34 PM ET

    Tim Bajarin, President of tech research and advisory firm Creative Strategies, says Apple won't be losing its focus in the mainland anytime soon.

  • Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market. Apple Chief Financial Officer Luca Maestri told Reuters in an interview that the company did not sell more iPhones in China...

  • Sony to cut 1,000 jobs in smartphone business - Nikkei Tuesday, 27 Jan 2015 | 2:28 PM ET

    Jan 27- Sony Corp plans to cut another 1,000 jobs in its smartphone division, mainly in Europe and China, the Nikkei business daily reported. The cuts are in addition to the 1,000 jobs Sony said it would eliminate in its mobile unit in October, the Nikkei said. Overall, Sony's mobile division workforce will shrink by about 30 percent to 5,000 by the end of the fiscal...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Jan 27- Apple Inc has shipped the most number of smartphones in China in the fourth quarter, overtaking Samsung Electronics Co Ltd and homegrown companies such as Xiaomi for the first time, according to data firm Canalys. Apple's iPhone 6 and 6 Plus launched last September have proved to be popular in Asia despite being costlier than most handsets.

  • Motorola unveils 3 smart phones for return to China Monday, 26 Jan 2015 | 5:34 AM ET

    BEIJING— Motorola unveiled three smartphone models on Monday for its return to China following a two-year absence from the most populous mobile phone market. Motorola was a mobile phone pioneer in China but pulled out in 2013 after its acquisition by Google Inc. Computer maker Lenovo Group bought Motorola last year as part of its effort to become a global...

  • Should the euro zone really fear demon deflation? Sunday, 25 Jan 2015 | 4:00 AM ET

    *Euro zone inflation negative in Dec for first time in 5 years. BRUSSELS, Jan 25- If the multi-billion dollar consumer electronics industry can function fine with constantly falling prices, why is deflation in the broader economy such a threat? European Central Bank policymakers have repeatedly warned of the risk of being drawn into a prolonged downward price...

  • HONG KONG, Jan 23- Richard Ji, whose little-known fund was the biggest investor in leading Chinese smartphone maker Xiaomi Inc's $1.1 billion fundraising last month, is a numbers man looking to spot' category killers'- start-ups with the power to disrupt. Last year's record $25 billion IPO from Alibaba Group Holding Ltd injected new life into Chinese tech...

  • Analyst-turned-fund manager basks in Xiaomi glow Thursday, 22 Jan 2015 | 3:59 PM ET

    HONG KONG, Jan 23- Richard Ji, whose little-known fund was the biggest investor in leading Chinese smartphone maker Xiaomi Inc's $1.1 billion fundraising last month, is a numbers man looking to spot' category killers'- start-ups with the power to disrupt. Last year's record $25 billion IPO from Alibaba Group Holding Ltd injected new life into Chinese tech...

  • Got Battery? Lots of low battery hacks but no quick fix Thursday, 22 Jan 2015 | 11:06 AM ET

    NEW YORK— At a cozy watering hole in Brooklyn's Bedford- Stuyvesant neighborhood, bartender Kathy Conway counted four different phone chargers behind the bar. Battery capacity has tripled since 1990, says K. M. Abraham, a professor at Northeastern University who researches batteries. Two billion mobile phones were shipped worldwide in 2014, 75 percent of...