Samsung Electronics says it expects solid earnings to continue in 2016, with stronger components demand offsetting smartphone margin pressures. » Read More
CNBC's Morgan Brennan reports on smartphone wars.
Asian markets mostly fell on Wednesday as investors digested the raft of earnings due in the region and awaited the Federal Reserve's statement.
Manoj Menon, partner & MD at Frost & Sullivan, says Samsung's first-quarter results exemplify its successful diversification, but it will need to rework its strategy in the wearable space.
Nam Hyung Kim, managing director of Arete Research Asia, says first-quarter earnings for Samsung's mobile division staged a turnaround before the launch of the Galaxy S6.
Samsung's profit slumped 39% in the first quarter, fueling doubts over whether the tech giant will be able to turn around its smartphone business.
U.S.stocks closed mixed on Tuesday as investors eyed tech earnings and awaited the Federal Reserve's statement on Wednesday.
U.S. stock index futures indicated a flat open on Tuesday ahead of the two-day FOMC meeting, housing data and a busy day of earnings.
Asian shares outside Japan declined on Tuesday, as investors eyed a slew of corporate earnings and the Federal Reserve's two-day meeting.
The high pricing of Apple's products make them more desirable, much to the dismay of competitors like Samsung which is seeing a drop in influence in China, says Bryan Ma, VP of IDC.
China stocks soared to multi-year highs on Monday while caution over central bank meetings weighed on the rest of Asian indices.
Qualcomm's stock has fallen since Jana Partners's Barry Rosenstein suggested a chip unit spin-off to boost sagging shares.
Watch an unboxing of the Samsung Galaxy S6 and S6 edge. Both are equal in structure and capacities, but still boast of different features.
CNBC's Kate Rogers on a new Samsung smartwatch.
Sony raised its earnings estimates for the second time in three months, citing higher than expected sales of video games and digital cameras.
Broadcom CEO Scott McGregor says his company is focusing on Internet connectivity infrastructure as well as on smartphones.
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
Uber and Capital One announced Tuesday a partnership to allow Quicksilver customers to get 20 percent back as a statement credit on every Uber ride.
Asian stocks finished lower on Monday even as China's central bank lowered the reserve requirement ratio over the weekend.
Step aside CrossFit and Bikram Yoga, virtual reality is taking on the business of fitness with the world's first immersive exercise class.
Asia's equities joined their global peers to rise on Thursday, with China's Shanghai Composite index finishing at a fresh multi-year high.