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Samsung feels the power as Galaxy Note 2 lifts off

Even Apple’s iPhone 5 couldn’t slow Samsung Electronics down. The Korean conglomerate’s flagship Galaxy S III had four of its five best-selling weeks in the U.S. after the iPhone 5 was unveiled, Samsung told CNET. The spike after the iPhone 5 launch suggests that consumers hung around to see what Apple had to show off, weren’t impressed, and went with …

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HTC can’t take the heat, warns of rough holiday quarter

HTC today warned that its revenue and profitability will continue to slide in the fourth quarter amid continued pressure in the smartphone business. The Taiwan-based company, which primarily builds smartphones and some tablets, warned that its revenue will fall 40 percent year over year to 60 billion Taiwan dollars ($2.05 billion). Its gross margins are expected to decline to 23 …

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