Samsung Electronics Co, the world's top maker of memory chips and flat screen TVs, reported a record quarterly profit on Friday, aided by strong sales of both of its key products.
Asia's top LCD makers are bracing for earnings to falter in the second half of the year as TV sales lose momentum on concerns that a debt crisis in Europe will crimp overall IT spending.
Samsung Electronics, the world's No.1 memory chip maker, said it was on course to report a better-than-expected record quarterly profit, but second-half growth may falter as the euro zone crisis weakens handsets.
Samsung Electronics, the world's No.1 memory chip maker, said it was on course to report a record quarterly profit, powered by robust sales of memory chips and flat screens in a strong consumer electronics market.
Best Buy reported lower-than-expected sales and profit, hurt by rising costs of expanding its business and weaker consumer demand, sending its shares down 6 percent.
Best Buy reported lower-than-expected sales and profit, hurt by rising costs to expand its business and signs of weaker consumer demand, sending its shares down 6 percent.
Best Buy reported lower-than-expected sales and profit, hurt by rising costs to expand its business and signs of weaker consumer demand, sending its shares down 6 percent.
Global shipments of smartphones may grow 50 percent this year and drive explosive expansion in high-end OLED display sales over the next five years, a Samsung Mobile Display executive said on Thursday.
Samsung Electronics plans to launch the first smartphone based on its own operating system in coming weeks, as it seeks to catch up with bigger rivals in the booming high-end market, an executive said on Wednesday.
Top electronics chain Best Buy will launch this month its planned online service CinemaNow that allows consumers to buy, rent and download movies and television shows.
Samsung Electronics Co Ltd, the world's top maker of memory chips and flat screen TVs, reported record quarterly results, powered by robust demand for chips and flat-screen TVs.
Samsung Electronics Co Ltd , the world's top maker of memory chips and flat screen TVs, reported record quarterly results, powered by robust demand for chips and flat-screen TVs.
Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit forecasts for the third time in six months.
Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit expectations for the third time in six months.
Electrical goods retailer Best Buy plans to open up to 1,000 new mobile phone shops, the Financial Times reported in its Monday edition.
Samsung Electronics Co Ltd said it was on track to top market forecasts with a record quarterly profit thanks to a strong recovery in its flagship chip business, the world's largest.
South Korea's Samsung Electronics Co Ltd said it was on track to beat market forecasts with a record first quarter profit thanks to a strong recovery in its flagship semiconductor business and robust TV sales.
Shares in Samsung Electronics hit a record high on Friday fueled by foreign buying amid current strong memory chip momentum and a robust earnings outlook for the first half.
U.S. electrical goods retailer Best Buy will open its first British store in May, it said on Monday, as partner Carphone Warehouse completed its demerger from telecoms arm TalkTalk .
U.S. gold futures finished Thursday with moderate gains, bouncing from a 6-week low hit overnight, and ending a choppy session in which prices were batted around by gyrations in the euro, oil and U.S. equity prices as well as impact from gold options expirations.
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Best Buy beat Wall Street's view for profit and sales in its holiday quarter and forecast stronger-than-expected earnings in the current year as demand for electronics resurged in an improving economy.
Best Buy Co beat profit and sales estimates in its holiday quarter, boosted by demand for notebook computers, flat-panel televisions and mobile phones.