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Consumer Electronics

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  • March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, on Tuesday reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.. Chief Executive Officer Hubert Joly said on a conference call that Best Buy planned this year to start a cost-cutting effort to save $400...

  • March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a better-than-expected quarterly profit, helped by improved sales of higher-margin products such as large-screen TVs and mobile phones during the holiday shopping season. The company's shares rose 4.6 percent at $40.40 in premarket trading, after Best Buy said it would buy back $1...

  • BARCELONA, Spain— BlackBerry may be launching four new smartphones over the coming year, but the struggling company is staking its future on becoming a giant in software. CEO John Chen said at the Mobile World Congress wireless show in Barcelona on Tuesday that since he took over a year and a half ago BlackBerry has undergone a "philosophical" shift away from...

  • BlackBerry unveils new mid-market Leap smartphone Tuesday, 3 Mar 2015 | 4:32 AM ET

    BARCELONA/ TORONTO, March 3- BlackBerry unveiled a new mid-market smartphone on Tuesday dubbed the BlackBerry Leap that is set to replace the Z3 device launched a year ago, in a move to woo buyers in certain emerging markets where BlackBerry still has a fairly large client base. The Waterloo, Ontario- based company said the phone, unveiled at the Mobile World...

  • Sharp shares tank 9% on news it will seek aid Monday, 2 Mar 2015 | 10:22 PM ET

    Sharp is preparing to seek aid from its two main lenders, as it expects impairment losses from unprofitable businesses to mount this year.

  • NEW YORK— High-end smartphones from Samsung and HTC have gotten much of the attention at this week's wireless show in Barcelona, Spain, but cheaper options are coming from Microsoft, Lenovo and others too. Meanwhile, Google and Facebook are working on giving people more ways to use those devices. Here's a look at what's been unveiled so far at the Mobile World...

  • Responding to a growing market in China for low-cost handsets often priced below $100, Intel announced plans for the chip, code named Sofia, in late 2013 at a meeting with investors. As well as smartphones, the Sofia chip fills a gap in Intel's lineup of chips for tablets. In a costly strategy that elevated Intel to the No 2 spot in tablet chip market share, Intel last...

  • DETROIT, March 2- Qualcomm Inc, a maker of smartphone chips and software, unveiled on Monday fourth-generation LTE modems that will enable cars to stay better-connected wirelessly to cloud-based services via the Web. Qualcomm's Snapdragon X12 and X5 modems are designed to be embedded in cars and work with owners' mobile devices to access a variety of Internet...

  • BARCELONA, March 2- Japan's NTT DoCoMo and Finland's Nokia said on Monday they are working together to develop networks running at high frequencies for use in the 5 G wireless era- technology expected to be showcased at the 2020 Tokyo Olympics. DoCoMo, Japan's largest mobile operator, and Nokia, the world's third biggest telecom equipment maker, said they will be...

  • With S6, Samsung still faces 'uphill task': IDC  Monday, 2 Mar 2015 | 12:34 AM ET

    While the S6's curve screen sets it apart from its rivals, "incremental improvements" may not be enough to wrestle market share from Apple's iPhone 6, says Kiranjeet Kaur, senior market analyst at IDC Asia Pacific.

  • Why Samsung Pay could be a gamechanger  Sunday, 1 Mar 2015 | 10:16 PM ET

    The launch of Samsung's mobile payment system Samsung Pay, along with Apple Pay, will enable mobile commerce to gain traction, especially in the U.S, says Loo Wee Teck, head of Consumer Electronics at Euromonitor International.

  • Has Samsung nailed it with new S6?  Sunday, 1 Mar 2015 | 5:34 PM ET

    Bonnie Cha, senior analyst at Re/Code, says an upgrade in design and the use of high-quality materials will be the selling points of Samsung's Galaxy S6 and S6 Edge. She later discusses the launch of Samsung Pay.

  • *Key launch in fight to stay No.1 vs Apple. SEOUL/ BARCELONA, March 1- Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple Inc.. By some estimates, Apple surpassed Samsung as the world's biggest smartphone maker...

  • *Key launch in fight to stay No.1 vs Apple. SEOUL/ BARCELONA, March 1- Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim its throne as undisputed global smartphone leader from Apple Inc.. By some estimates, Apple surpassed Samsung as the world's biggest smartphone maker...

  • HTC Corp. also unveiled a fitness tracker, the Grip. Rather, HTC is partnering with sports clothing maker Under Armour to offer features for those with active lifestyles. The announcements come on the eve of this week's Mobile World Congress wireless show in Barcelona, Spain.

  • SEOUL, Feb 26- Samsung Electronics will freeze wages in 2015 for employees in South Korea for the first time in six years, after the world's biggest smartphone maker saw profits fall in the face of rising competition. The cost-cutting move is the latest by Samsung Electronics, which in January reported its first annual profit decline since 2011, as it lost market...

  • SEOUL, Feb 26- Samsung Electronics said on Thursday it will freeze its South Korean employees' wages in 2015 for the first time in six years, after the world's top smartphone maker suffered a fall in profits in the face of rising competition. The last time Samsung Electronics froze salaries was 2009 when the company reeled from the global financial crisis.

  • SAN FRANCISCO, Feb 25- Google Inc launched an initiative on Wednesday to make smartphones running its Android software more appealing to corporations, a move that could help extend the Internet company's reach into workplaces. Google said it is partnering with more than two dozen companies including Blackberry Ltd, Citrix Systems Inc, Box Inc..

  • Motorola aims new phone at first-time smartphone buyers Wednesday, 25 Feb 2015 | 9:31 AM ET

    NEW YORK— Motorola is updating its low-cost smartphone, the Moto E, as it targets first-time smartphone buyers worldwide. The 4 G model will cost $150 in the U.S., while the 3 G will go for $120, both without contract requirements. Motorola, which Lenovo Group bought from Google Inc. in October, has been trying to set itself apart from other phone makers by selling...

  • NEW YORK— For this week's "Modern Family," producers put down their expensive professional cameras and shot the episode with iPhones and other Apple devices. The Associated Press spoke with series co-creator and executive producer Steve Levitan about the thinking behind shooting with a smartphone and lessons learned. The episode, "Connection Lost," airs on ABC...