PYEONGTAEK, South Korea, May 7- Samsung Electronics Co Ltd said on Thursday its new $14 billion South Korean chip plant, which is expected to help drive growth as smartphone earnings slow, will start production sometime in the first half of 2017.. The world's No.2 chip maker by revenue did not specify what products will be made at the new production line, which will...» Read More
UBS raised its price target on Apple to $182 from $175 and said many more new products could be introduced between now and March 2008.
Shares of virtualization software maker VMware Inc. continued to climb Wednesday after an analyst raised the stock's 12-month target price to $90 from $60.
Electronic Data Systems, the second-largest U.S. technology services provider, said Wednesday it offered early retirement packages to about 12,000 U.S. employees, and expected a charge of $70 million to $130 million in the fourth quarter.
Texas Instruments narrowed its earnings and revenue guidance for the third quarter on Tuesday afternoon, sending shares lower in after-hours trading.
Western Digital, the world's second largest computer disk-drive maker, boosted its fiscal first-quarter earnings and revenue forecast on Monday due to improved demand, pricing and product mix. Shares rose sharply following the increased guidance.
"High School Musical's" blockbuster success shows just how dialed in Disney is to its audience. And now the Magic Kingdom hopes to plug in that magic into a new line of consumer electronics...
A major overhaul at Yahoo appears unlikely as a result of a strategic review being undertaken by the company, the Wall Street Journal reported in its online edition, citing people familiar with the matter.
Intel Corp. held a groundbreaking ceremony Saturday for its first chip factory in China, expanding its presence in the booming Chinese computer industry and boosting Beijing's campaign to lure foreign high-tech investment.
Advanced Micro Devices is set to launch its highly publicized new server chip Monday, delivering the biggest jolt to its product lineup in four years.
Sometimes referred to as Silicon Alley, owing to its purported small size, New York's high technology sector has seldom been seen as a major player.
German engineering company Siemens said Friday it will work with Microsoft to develop communication, information, entertainment and navigation products for vehicles.
Apple Chief Executive Steve Jobs said Thursday the company will offer a $100 store credit to people who bought the iPhone before an announced $200 price cut, even as investor concerns about Apple's profit margins pushed the company's shares lower for a second consecutive day.
Chipmaker National Semiconductor said Thursday its fiscal first-quarter profit declined amid lower sales, though results improved sequentially, driven by growth in wireless mobile devices.
News of an iPhone price-cut took just about everyone by surprise, not the least of whom were the 270,000 iPhone buyers that first weekend they went on sale, many of whom stood on line for endless hours to plunk down their $599 for device.
Apple Inc. unveils a complete redesign of the iPod Nano: the new iPod "Touch" with Wi-Fi, a long-awaited 160 gig iPod "Classic," what promises to be a lucrative partnership with Starbucks. But the headline that torpedoes Apple shares: the $200 iPhone price cut just two months after unveiling what became known as the "Jesus Phone."
Intel on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices. Intel said the six new Quad-Core Xeon 7300 series processors can deliver more than twice the performance over its previous-generation dual-core products.
The Apple event is over and so is our live blogging. To read the post from the event's beginning, start at the bottom of the page. Thanks everyone, it was a blast to do. 2:20 pm ET: Event is concluding now. A little technical glitch with her beat machine, but she got that fixed and now KT is performing. Keep watching CNBC and CNBC.com. We may have a special interview coming up.
Microsoft slashed $50 from the price of its Zune digital media player Wednesday, just before Apple announced an iPhone price cut and additions to its market-leading iPod line.
Apple announced a major overhaul of its iPod line and cut the price of the iPhone. Shares fell on news that the lower-end iPhone would be slashed 33%, to $399.
Yahoo is buying online advertising network BlueLithium for $300 million in cash, building upon an expansion aimed at ending a financial malaise that has ravaged the Internet pioneer's stock price.