SEOUL, South Korea— LG Electronics Inc. said Thursday it has lost money in the fourth quarter as costs from the closure of its plasma TV operations offset a recovery in its mobile phone business. Operating income, which is a measure of profit before tax, interest and one-time expenses are deducted, rose 28 percent to 275 billion won on revenue of 15.3 trillion won.» Read More
Some in the industry believe that the technology at the center of the move to mobile money may fail to take off, meaning the deals could be prove to be a gamble.
Gerry Harvey, Executive Chairman of Harvey Norman tells CNBC he is optimistic of a turnaround in sales after the retailer posted a 36% slide in first-half profit.
Sales of Sony's Xperia Z high-end smartphone have got off to a good start since its launch in several leading European markets on Monday, said the head of Xperia marketing.
The unveiling of Sony's highly anticipated PlayStation 4 (PS4) – its first video game console in seven years – may be touted as a major step in turning around the struggling tech giant's fortunes, but one analyst said the firm didn't reveal enough.
The launch of PlayStation 4 this week is more than the start of a new cycle for Sony, it's an essential step in rebuilding the firm as a corporation.
Dell Chief Executive Michael Dell, aiming to clinch a $24.4 billion deal to take the No. 3 PC maker private, has agreed to value his 16 percent stake about 2 percent below the offer price.
Apple has 100 employees working on a smartwatch, signaling that the company is past the experimental period in creating the new device, according to a recent report.
Mobile devices and other digital platforms are the future of pizza, with a growing number of Australians and New Zealanders using their mobile phones to make an order.
The South Korean manufacturer's Galaxy S III smartphone is the first device to run neck and neck with Apple's iPhone in sales. The NYT Reports.
Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics.
Florida Senator Marco Rubio tweeted one reason why he might be choosing Samsung over Apple.
Smokers seeking alternatives to cigarettes have found cause for optimism in electronic cigarettes, which use vapor to simulate tobacco smoke, and look and feel almost like the real thing, minus the unpleasant smoke, odor and ash.
Why things don't look good for the videogame industry.
Analysts say the potential impact on major U.S. video game publishers will likely be minimal from China lifting its ban on video game consoles.
Sony will this month host its first major Playstation meeting in two years, sparking a flare-up in online speculation the Japanese consumer electronics giant is preparing to unveil the successor to its 70 million-selling PS3 games console. Sony declined to say whether it would release a new product at the meeting in New York on Feb. 20. "
Sharp rebounded to a third-quarter operating profit on Friday, improving the bailed-out consumer electroncs maker's chances of convincing lenders and shareholders that it is a viable company.
CNBC's Jon Fortt offers insight on his interview with Research In Motion's CEO Thorsten Heins on the day his company launched its BlackBerry 10. Discussing their take on its new product, and the stock's future, with Tim Stevens, Engadget; Michael Copeland, WIRED; and Michael Genovese, MKM Partners.
Sales of "point-and-shoot" digital cameras are declining as investors shift to smartphones, with CNBC's Herb Greenberg.
CNBC's Jon Fortt speaks to Research In Motion's CEO Thorsten Heins about the company's BlackBerry 10 launch, his expectations for 2013 in the competitive mobile industry, and plans for the tablet market.
CNBC's Jon Fortt reports the BlackBerry 10 is taking direct aim at Apple's iPhone and Google's Android; and Shaw Wu, Sterne Agee senior technology analyst, discusses where the stock could be headed now.