Tag Archives: electronics

Samsung Electronics heads for annual profit fall after weak third-quarter guidance

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects … Continue reading

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Samsung Electronics to invest $14.7 billion in South Korea chip facility

SEOUL (Reuters) – Samsung Electronics Co Ltd said on Monday that it will invest 15.6 trillion won ($ 14.7 billion) to build a new semiconductor production facility in South Korea. The world's biggest memory chip maker said in a statement … Continue reading

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Philips Electronics to appeal ruling in $467 million patent lawsuit

(Reuters) – Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $ 466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used … Continue reading

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Philips Electronics loses $467 million patent verdict to Masimo

(Reuters) – A federal jury on Wednesday said Philips Electronics NA should pay $ 466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed … Continue reading

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Samsung Electronics executive says expect quick mobile business turnaround

SEOUL (Reuters) – Samsung Electronics Co Ltd's mobile business will recover quickly due to its strong fundamentals and technological prowess, a senior company executive said on Wednesday. Samsung Electronics President D.J. Lee, speaking at a press conference, also said the … Continue reading

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LG Electronics seeks fresh smartphone start in China with G3 launch

By Se Young Lee SEOUL (Reuters) – LG Electronics Inc will on Monday begin selling its latest flagship smartphone in China, a market where it has struggled to make a dent and that has become increasingly tough for makers of … Continue reading

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Samsung Electronics, Apple agree to drop patent lawsuits outside U.S.: Samsung says

Samsung Electronics Co Ltd and Apple Inc agreed to scale down their international legal war and withdraw patent lawsuits outside the United States, a Samsung spokesman said on Wednesday. "This agreement does not¬†involve¬†any licensing arrangements, and the companies are continuing … Continue reading

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Samsung Electronics to pass fewer orders to China supplier in child labour response

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said it will do 30 percent less business with a parts supplier after uncovering employment of child workers at the China-based firm, marking the IT giant's strongest objection to … Continue reading

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Electronics giant Panasonic wants Singaporeans to eat its veg

By Aradhana Aravindan SINGAPORE (Reuters) – Japan's Panasonic Corp, best known for its television sets and home theater systems, wants to feed Singaporeans its radishes and lettuce. The move ties Panasonic's deeper push into farming technology with land-scarce Singapore's ambition … Continue reading

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Samsung Electronics downbeat on third quarter prospects as profits slide

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth. … Continue reading

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