Consumer Discretionary Consumer Electronics

  • SEOUL, April 18- The world's biggest smartphone maker, Samsung Electronics Co Ltd, on Thursday said it had received "a few" reports of damage to the main display of samples of its upcoming foldable handset. "We will thoroughly inspect these units in person to determine the cause of the matter," Samsung said in a statement, noting that a limited number of early Galaxy...

  • SHENZHEN, April 16- Huawei Technologies, one of the world's biggest smartphone makers, has not had talks with Apple Inc about supplying it with 5 G chipsets, Rotating Chairman Ken Hu said on Tuesday. Hu made the remark at the company's annual global analyst summit at its headquarters in Shenzhen in southern China. Huawei's outlook has come under a cloud over the...

  • Corie Barrie, Best Buy

    The leadership changes will be effective June 11, Best Buy announced on Monday morning.

  • CEO of Apple Tim Cook attends China Development Forum 2019 at the Diaoyutai State Guesthouse on March 23, 2019 in Beijing, China.

    Apple's stock has been on an impressive run. It's poised to post 10 straight days of gains if it closes in positive territory — a feat that it hasn't accomplished in eight years. Here's what four experts have to say about Apple's move into content and health-care data.

  • Samsung's 5G and foldable smartphones will drive recovery: Daiwa

    SK Kim of Daiwa Securities weighs in on Samsung's prospects for the second half of 2019 and says there's more upside to go for the stock.

  • MUMBAI, April 4- Apple Inc has cut prices of one of its latest iPhones in India by around one-fourth, sources said, as the U.S. tech giant looks to boost sales in the world's second-biggest smartphone market following a similar move in China. On Apple's India website, the price of the 64 GB iPhone XR was unchanged at 76,900 rupees, but is on sale for less than 59,000...

  • Pedestrians pass in front of a GameStop store in New York

    GameStop warned of a potential first-quarter loss as the world's largest video game retailer wrestles with slowing sales of video games and consoles at its stores.

  • The company forecast revenue growth of 23-27 percent for the year, implying total revenue of between $1.13 billion and $1.16 billion. Analysts on average were expecting $1.09 billion, according to IBES data from Refinitiv. BlackBerry, which dominated the smartphone market nearly a decade ago before losing out to Apple Inc's iPhones and Android devices, has...

  • HANOI, March 29- Vietnam's economy grew at a slower pace in the first quarter as weakening global demand for smartphones weighed on exports, government data showed on Friday. "The global smartphone market has been witnessing a decline over the past few years, and like most other markets, Vietnam has been inevitably affected by this slowdown," said Kim Yang- jae, an...

  • BEIJING/ TOKYO, March 28- Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in an attempt to make the money-losing handset business profitable from next year. The company has a global market share of less than one percent, shipping just 6.5 million handsets this financial year, mainly to...

  • MELBOURNE, March 22- Australia's largest department store operator Myer will stop selling "unprofitable" Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings said on Friday. Demand has notably fallen in the world's biggest smartphone market China, partly as a result of the trade dispute with the United States.

  • Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018.

    Apple was upgraded to strong buy from buy at Needham on Thursday, as the firm primarily sees Apple's ecosystem as having "value upside."

  • The 5th generation iPad mini

    CNBC's Todd Haselton reviews the long-awaited Apple iPad Mini, a powerful but small tablet that fans of the more compact form factor will love.

  • BEIJING, March 21- The potential value of recyclable metals in discarded mobile phones, laptops and desktop computers in China will more than double to around $24 billion by 2030, environmental group Greenpeace forecast on Thursday. China, the world's largest mobile phone market, is trying to promote recycling of electronic waste, or e-waste, to improve its...

  • Samsung's Galaxy Buds are the company's take on AirPods, and they're really good. They are cheaper than AirPods, sound just as good and include some features that AirPods don't have such as wireless charging. CNBC's Todd Haselton puts them to the test.

  • SEOUL, March 20- Samsung Electronics Co Ltd expects a tough year for its component business including memory chips due to sluggish growth in the smartphone market and reduced investment from data center companies, Chief Executive Kim Ki- nam said on Wednesday. He was speaking at the South Korean tech giant's annual general meeting where shareholders are...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Apple did not immediately respond to a request for comment. During an eight-day jury trial, Qualcomm asked the jury to award...