ELECTRONICS

Smartphone competition to bite in 2010 after Q4 boom

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Booming demand for new, cheaper smartphones helped fuel a recovery in the overall handset market late last year, but rivalry for a piece of this lucrative business will turn fierce in 2010 as many new vendors enter the market.
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Samsung Elec bullish on TV, chip demand

Samsung Electronics expects rapidly recovering demand for its premium computer memory chips and flat screen TVs to drive growth this year, with the unwinding of global stimulus measures the key risk for sales.
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Samsung Elec swings to Q4 profit on strong chips

Samsung Electronics, the world's top maker of memory chips and LCD screens, expects rapidly recovering demand for its premium computer memory chips and flat TVs to drive growth this year, in an ominous sign for its Japanese rivals.
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Painful Wii price cut keeps Nintendo in the game

Games maker Nintendo showed greater than expected resilience in its battle for market share last quarter thanks in part to a 20 percent price cut on its Wii product that sliced into profits.
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AT&T profit rises 26 percent, plans more spending

U.S. consumers' obsession with using smartphones to find restaurants, surf the web and navigate city streets helped propel a 26 percent rise in AT&T's quarterly profit -- but at a cost for the operator.
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Motorola forecasts loss; shares plunge

Motorola Inc forecast a loss for the current quarter due to heavy spending to bring more smartphones to the market, disappointing investors who had expected the cellphone maker to post a profit.
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Nokia, Motorola boast rising smartphone sales

New models from Nokia and Motorola Inc helped them recapture market share in the lucrative smartphone sector, lifting both firms' results above expectations for the fourth quarter.
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Nokia beats forecasts, shares rally

Top mobile phone maker Nokia'sfourth-quarter sales and profits beat expectations as it regained market share in smartphones, sending its stock price 14 percent higher.
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Nokia Q4 above forecasts

Top mobile phone maker Nokia reported stronger than expected fourth-quarter sales and profits powered by improving market share in smartphones, sending its shares more than 10 percent higher.
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Nintendo Q3 profit down 23 pct

Nintendo Co Ltd posted a 23 percent fall in quarterly profit as software sales for its DS handheld game player slowed and it cut the price of its Wii console, keeping its forecast for the first annual profit decline in four years.
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Nintendo 9-mth profit down 41 pct, keeps outlook

Nintendo Co Ltd posted a 41 percent fall in nine-month profit as sales of its DS handheld game player slowed and it cut the price of its Wii console, and the company kept a forecast for a first annual profit slide in four years.
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Microsoft aided by Windows, awaits business revival

Microsoft Corp is expected to report a strong jump in quarterly profit on Thursday, helped by the successful launch of Windows 7, but it may not be enough to satisfy demanding investors and push its stock higher.
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Tyco Electronics profit beats expectations

Electronic connector maker Tyco Electronics Ltd's posted a larger-than-expected jump in quarterly profit on Wednesday, as its clients ramped up purchases to restock depleted inventories.
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LG Elec sees Q1 recovery as Q4 beats forecasts

South Korea's LG Electronics Inc posted a higher-than-expected quarterly operating profit and forecast sales and profits would improve in the first quarter as a global recovery prompts consumers to spend more on electronics.

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