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Consumer Electronics

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  • Best Buy's profit nearly doubles  Friday, 21 Nov 2014 | 11:00 AM ET

    Best Buy posted unexpectedly strong earnings last quarter, but the chain still faces challenges ahead of the holiday shopping season.

  • 4K TV... too much high-def?  Friday, 21 Nov 2014 | 7:44 AM ET
    Sony's 4K Bravia liquid-crystal-display television.

    Dan Ackerman, CNET section editor, says the low-cost 4K is interesting but it may be up to five years before the content providers can offer shows in super high-definition.

  • Best Buy fights its way back  Thursday, 20 Nov 2014 | 1:12 PM ET

    Has Best Buy turned itself around? After a strong Q3 beat, Marketfy editor Ron Insana, provides perspective on the company's growth.

  • UPDATE 1-Best Buy profit beats estimates as costs fall Thursday, 20 Nov 2014 | 8:18 AM ET

    Nov 20- Best Buy Co Inc, the largest U.S. consumer electronics retailer, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline. Best Buy shares were up nearly 10 percent in heavy trading before markets opened. Best Buy has removed layers of management, cut jobs, shut stores and boosted cash reserves...

  • JOHANNESBURG/ DUBAI, Nov 19- Bharti Airtel's planned disposal of mobile phone towers in Africa will see it sell masts in Tanzania to Helios Towers, while units in Malawi will go to Eaton Towers, a person with knowledge of the deal said on Wednesday. The Tanzania sale will include about 1,000 towers, said the source, who declined to be identified because the deal has...

  • HELSINKI, Nov 18- Finland's Nokia launched a new brand-licensed tablet computer on Tuesday which is designed to rival Apple's iPad Mini, just six months after the company sold its ailing phones and devices business to Microsoft for over $7 billion. "With the agreement with Microsoft, as is customary, we have this transition and we can't do smartphones...

  • *Sony has struggled with weak smartphone sales. TOKYO, Nov 18- Sony Corp aims to lift its movie entertainment revenues by more than a third in the next three years, its chief executive said on Tuesday as the loss-making consumer electronics firm tries to counter flagging smartphones sales. Investors are also watching for signs that Sony's restructuring under...

  • SAN FRANCISCO, Nov 17- Upcoming bracelets with technology from Intel Corp and design cues from fashion brand Opening Ceremony will connect the wearer with Facebook, Google and Yelp via an AT&T data plan without having to carry a smartphone. As well as lapis stones, obsidian and an 18 k gold coating, the devices include a sapphire curved screen on the inside of the...

  • Taxi-app Uber hitches a lift with Spotify Monday, 17 Nov 2014 | 11:04 AM ET
    The Uber app on a mobile phone in Madrid, Spain.

    Uber has unveiled a new feature that will enable passengers to listen to their own Spotify playlists as they travel.

  • TAIPEI, Nov 17- Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electronics and circuitry. Sparking the boom in budget smartphones is MediaTek, now a $23 billion go-to chip designer favoured by margin-conscious phone...

  • BEIJING, Nov 14- Blackberry Ltd Chief Executive John Chen sees Asia as key to reviving the loss-making smartphone maker's fortunes but expanding in the region's biggest market China, where security data concerns are rife, is currently not a priority. Instead, the company is keen on expanding in India and Southeast Asian countries like Indonesia, Malaysia and...

  • US using fake cellphone towers to gather data: WSJ Thursday, 13 Nov 2014 | 7:10 PM ET

    An agency of the U.S. Justice Department is gathering data from thousands of cell phones by using fake communications towers on airplanes, the WSJ reported.

  • WASHINGTON, Nov 13- An agency of the U.S. Justice Department is gathering data from thousands of cell phones, including both criminal suspects and innocent Americans, by using fake communications towers on airplanes, the Wall Street Journal reported on Thursday. The planes use devices made by Boeing Co that mimic the cell phone towers used by major...

  • WASHINGTON, Nov 13- An agency of the U.S. Justice Department is gathering data from thousands of cell phones, including both criminal suspects and innocent Americans, by using fake communications towers on airplanes, the Wall Street Journal reported on Thursday. The planes use devices made by Boeing Co that mimic the cell phone towers used by major...

  • At a Chicago hearing on Thursday, a three-judge panel of the 7th U.S. Circuit Court of Appeals questioned whether the allegations had enough connection to the United States to be heard in U.S. courts. Motorola Mobility, a unit of China's Lenovo Group Ltd, sued the suppliers in Chicago federal court in 2009, saying some of its subsidiaries had overpaid for liquid...

  • SAN FRANCISCO, Nov 13- BlackBerry Ltd struck partnerships with Samsung Electronics Co Ltd and other high-profile players to enhance the capabilities of the new mobile-device management and security platform it unveiled on Thursday, and its shares jumped 8 percent. BlackBerry's Nasdaq-listed shares were up 8.7 percent at $12.25, their highest since August...

  • SEOUL, Nov 13- Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate. Samsung Electronics is headed for its worst annual profit in three years, under siege as Chinese firms like Xiaomi Technology...

  • Nov 11- Microsoft Corp said it would roll out its Lumia 535 smartphone this month with an affordable price tag in its key markets, dropping the Nokia name just months after buying the Finnish company's handset business. Loaded with its latest Windows Phone 8.1 operating system, the Lumia 535 and Lumia 535 dual SIM will be priced at around 110 euros before taxes and...

  • Nov 6- Radio frequency chip supplier Skyworks Solutions Inc forecast better-than-expected revenue in the current quarter, helped by increased demand from smartphone makers, particularly Apple Inc.. Apple sold 10 million of its latest iPhones in the first weekend after the new, larger phone models went on sale in 10 countries on Sept. 19. Apple and Skyworks do...

  • BEIJING, Nov 6- Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world's biggest maker of personal computers turning into a force in mobile devices. Lenovo's earnings came at a time of unprecedented competition in China's smartphone market, with rivals...