Flat-screen maker LG Display will slash next year's capital spending by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.
Flat-screen maker LG Display will slash next year's capital spending by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.
South Korea's LG Electronics hasn't been so smart with its smartphone business. Its mobile phone division has suffered five consecutive quarterly losses, cutthroat competition is pressuring it to overhaul the business and its shares have plummeted.
South Korea's LG Electronics hasn't been so smart with its smartphone business. Its mobile phone division has suffered five consecutive quarterly losses, cutthroat competition is pressuring it to overhaul the business and its shares have plummeted.
The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.
Asian stocks extended losses Friday, with South Korea's benchmark shedding 5 percent on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
South Korea's LG Electronics Inc has cut its annual television sales forecast by 20 percent, a media report said, joining its Japanese rival Sony Corp in bracing for weaker sales due to uncertain global economic prospects.
The euro wobbled Wednesday after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore confidence after a global market rout, while Japanese shares fell, dragged down mainly by hi-tech.
Google Inc.'s biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.
The acquisition of one of the mobile telecommunications industry's most storied names is Google co-founder Larry Page's boldest move since taking over as CEO in April, launching the Internet giant into a lower-margin manufacturing business and pitting it against many of the 38 other handset companies that now use its Android software.
Making its biggest deal ever, Google is acquiring Motorola Mobility Holdings for a massive $12.5 billion, which analysts see as an attempt to fend off increasingly aggressive legal attacks from rivals like Apple.
Nvidia Corp forecast a larger-than-expected jump in quarterly revenue and its CEO said the chipmaker's mobile business was accelerating, sending its shares skyrocketing.
LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.
LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.
South Korea's LG Display <034220.KS> aims to invest about 220 billion yen ($2.83 billion) toward mass-production of OEL panels from the second half of 2014, the Nikkei business daily reported, quoting a top executive.
The latest in a series of patent lawsuit against Apple has to do with the speed booting method of Mac OS X.Two weeks ago, Operating Systems Solutions, a company whose identity remains unknown, has filed a patent infringement lawsuit against the tech giant for Mac OS X startup process.
The latest in a seris of patent lawsuit against Apple has to do with the fast booting feature of Mac OS X.A Florida company Operating Systems Solutions, LCC has filed a patent infringement lawsuit against the tech giant for Mac OS X startup process.
Apple Inc. is being aggressive defending its own IP with well publicized suits against Samsung and HTC, Barclays Capital said. Key companies in the wireless arena including Apple and Google continue to acquire and invest in IP to cement their positions.
Jefferies believes Research In Motion Ltd.'s BlackBerry Enterprise Server/BlackBerry Internet Service (BES/BIS) infrastructure could be worth $5 billion to $10 billion in a sale. But who will buy it?
Apple wins early round at U.S. ITC
Canaccord Genuity revealed that Apple will continue to dominate the tablet market through 2012.
LG Electronics Inc slashed its sales targets on Thursday, as it struggles to break into the fiercely-competitive smartphone market.
