Tizen Andrew Hoyle/CNET Samsung is preparing to launch a new smartphone in Russia and India based on its own Tizen operating system, according to the Wall Street Journal. The South Korean electronics giant is planning to unveil a handset running the homegrown mobile operating system in the coming weeks at an event in Moscow, sources …
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Samsung makes appointment to talk about your health
Samsung wants to talk about your health. Samsung The tech fight over your health is apparently just beginning to warm up. Samsung sent out save-the-dates to the media on Thursday evening to a health-focused event to take place in San Francisco on May 28. Samsung’s invitation reveals little about what the event will entail, other than that “a new conversation …
Read More »AT&T reportedly courting DirecTV for possible acquisition
Maggie Reardon/CNET AT&T has raised the possibility of a merger with DirecTV, according to the Wall Street Journal, the latest indication of the changing landscape of the TV industry. The tie-up of the telephone giant and satellite TV provider would challenge the combination of Comcast and Time Warner Cable if that proposed $45 billion merger is completed, the newspaper noted. …
Read More »LG beats expectations with strong TV sales in Q1
LG’s Nexus 5. Josh Miller/CNET LG Electronics beat analysts’ prediction for its first quarter as demand for high-end TVs helped offset losses in its handset division. The South Korean electronics giant posted an operating profit of 504 billion Korean won ($487 million) for the three-month period ended March 31, an increase of 44 percent year-over-year. Analysts polled by Bloomberg had …
Read More »Samsung posts $8.2B profit; second straight quarterly drop
Samsung’s Galaxy S4. Samsung Samsung reported its second consecutive quarter of profit decline Monday on slackening demand for its high-end smartphones. The South Korean electronics giant reported a first-quarter operating profit of 8.49 trillion Korean won ($8.2 billion) for the three months ended March 31, a 3.3 percent decline from the year-ago period. The financial results were slightly better than …
Read More »Nokia names Rajeev Suri as new CEO
Nokia headquarters in Finland. Roger Cheng/CNET On the heels of Microsoft’s closure of its acquisition of Nokia’s handset division, Nokia named Rajeev Suri as its new chief executive officer late Monday. Suri, 46, takes over for Risto Siilasmaa, who had served as the Finnish telecommunications gear maker’s interim CEO since the acquisition was announced last September. Siilasmaa, who is also …
Read More »Apple, Samsung see drop in global smartphone market share
The Samsung Galaxy S5 and Apple iPhone 5S. CNET Global smartphone shipments grew in the first quarter of 2014, but Apple and Samsung saw their market share decline, according to new research released late Monday by Strategy Analytics. Smartphone makers shipped 285 million units in the first quarter, an increase of 33 percent compared with the year-ago period, according to …
Read More »Microsoft reportedly plans to rename Nokia Oyj
Steve Ballmer and Stephen Elop in 2012. Sarah Tew/CNET When Microsoft’s acquisition of Nokia’s devices and services business closes, the software giant plans to rename Nokia Oyj to Microsoft Mobile Oy, according to a letter sent to suppliers. The new wholly-owned subsidiary will serve as Microsoft’s mobile devices division, according to the letter, which informed suppliers that the terms and …
Read More »Samsung expects Q1 operating profit of $8B, down 4.3 percent
CBS Interactive Samsung said Monday it expects to post a decline in first-quarter profit, on slackening demand for its high-end smartphones. The South Korean electronics giant expects to record an operating profit of about 8.4 trillion won ($8 billion) for the three months ended March 31, a 4.3 percent decline year over year. The company expects sales to come in …
Read More »Samsung unveils midrange Galaxy Ace Style smartphone
The Samsung Galaxy Ace Style. Samsung Samsung on Monday formally took the wraps off the Galaxy Ace Style, a midrange smartphone powered by Android 4.4 KitKat. While the Ace Style sports the familiar Galaxy styling, the handset’s features suggest that it’s aimed at more budget-conscious consumers. Saying that the Ace Style is “designed to support and power young social consumers,” …
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