Recent Posts

Samsung’s profit surges on chip rebound, sale of cheaper phones

Samsung Electronics posted record quarterly earnings Thursday that were largely powered by a rebound in its semiconductor business that offset softening demand in the smartphone market. The South Korean electronics giant posted an operating profit of 10.2 trillion won ($9.6 billion) for the three-month period ended September, a 26 percent increase over the year-ago period and a 7 percent rise …

Read More »

Taiwan fines Samsung $340,000 for bashing HTC

Taiwan on Thursday hit Samsung with an approximate $340,000 fine for bashing rival HTC through fake Internet posts. The Taiwan Fair Trade Commission launched an investigation in April into allegations that Samsung was paying studentsto post negative online comments about HTC devices. At the same time, Samsung allegedly paid the students to recommend Samsung cell phones. The commission said that …

Read More »