Apple's overseas expansion rolls on as Korean telecom regulator approves sale of the iPhoneSeptember 23rd, 2009 South Korea approves sale of Apple's iPhoneSEOUL, South Korea — South Korea's telecommunications regulator said Wednesday that Apple Inc. can sell its hit iPhone in the country — potentially shaking up a cell phone market controlled by domestic manufacturers.
Toyota Motor makes push into South Korea, home turf of international rival HyundaiOctober 20th, 2009 Toyota pushes into SKorea, home turf of HyundaiSEOUL, South Korea — Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry and Prius while downplaying the move as a direct challenge to domestic automakers.
AP Source: GM to assemble Volt batteries at new factory south of Detroit, creating 100 jobsJuly 17th, 2009 AP Source: GM to open battery plant near DetroitDETROIT — A person briefed on the decision says General Motors Corp. will build battery packs for the Chevrolet Volt electric car at a facility south of Detroit.
Apple's new iPhone sells out before launchJune 16th, 2009 SAN FRANCISCO - Apple's latest edition of the iPhone is matching the popularity of its predecessors. The company, and its exclusive US carrier, AT&T, said Monday that pre-orders of the phone had sold out, and that customers could face a wait of a week or two after launch day on Friday to get their coveted gizmos.
Samsung India bets big on touch screen mobilesSeptember 30th, 2009 CHENNAI - The Indian subsidiary of South Korean consumer durable major Samsung is betting big on touch-screen mobile phones, targeting a 20 percent value share in the domestic handset market this year. "We expect our touch-screen models to contribute around 20 percent of our total sales this year.
On The Call: Apple COO says iPhone shortages mostly resolved ahead of China launchOctober 19th, 2009 On The Call: Apple readies for iPhone China launchSEATTLE — Apple Inc. is less than two weeks away from selling its first legitimate iPhone in China, in an exclusive partnership with wireless carrier China Unicom.
Tata Docomo, Samsung launch Android phoneSeptember 23rd, 2009 NEW DELHI - Tata Docomo, the GSM brand of Tata Teleservices, in association with Korean handset maker Samsung Mobile, Wednesday launched India's first Android-powered mobile phone. Priced at Rs.28,990, Samsung Galaxy (I7500) has a 3.2-inch full touch-screen and WiFi connectivity, and will provide users access to Google mobile services and full web browsing at high speed.
Microsoft, Verizon in talks to launch iPhone rival: reportApril 29th, 2009 SAN FRANCISCO - Microsoft is in discussions with Verizon Wireless to launch a touch-screen multimedia cellphone in the US early next year in a bid to compete with Apple's iPhone. While Microsoft is involved in the design of the phone's software and hardware, a third-party is expected to make the device, The Wall Street Journal reported, quoting sources close to the development.
Samsung reports its first quarterly lossJanuary 22nd, 2009 SEOUL - Samsung Electronics Co, the leading South Korean electronics maker, posted its first quarterly loss, saying Friday that it was 20 billion won ($14.59 million) in the red in the final quarter of 2008. The world's largest maker of memory chips and liquid-crystal displays said the falling prices of memory chips and sinking demand for electronics during the global economic downturn was the cause for the loss after it had seen a profit of 2.21 trillion won in the same quarter a year earlier.
Report: Streaming music provider Spotify to launch iPhone applicationJuly 27th, 2009 Report: Spotify to launch iPhone applicationSTOCKHOLM — Streaming music service Spotify is launching an application for Apple Inc.'s popular iPhone, Swedish news agency TT reported Monday. It would be Spotify's first mobile phone application.
Verizon Wireless offers to limits exclusivity period for new phones to benefit rural carriersMay 9th, 2009 Verizon offers to cut exclusive time for phonesNEW YORK — Verizon Wireless has offered to shorten the period in which it demands exclusive rights to new cell phones from LG and Samsung in an effort to give small rural carriers a better chance to sell up-to-date phones. But the rural carriers don't believe the offer is good enough and haven't taken it up.
Verizon Wireless says 'this is the phone you're looking for' with Droid ad campaignOctober 19th, 2009 Verizon's big ad push for Android targets iPhoneNEW YORK — Verizon Wireless is running an aggressive TV ad campaign for a new Motorola phone, squarely targeting the iPhone and championing Google software as an alternative. The spots for the "Droid" phone, which started this weekend, list features that the iPhone lacks, such as a physical keyboard and the ability to run multiple applications simultaneously.
Samsung Electronics 3Q net profit triples to record high amid increased salesOctober 30th, 2009 more images
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Samsung 3Q profit triples to record as sales jump
SEOUL, South Korea — Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products from flat screen televisions to mobile phones.
AT&T 2Q earnings fall 15 percent yet beat Street estimates; 2.4M iPhones activatedJuly 23rd, 2009 Economy and iPhone subsidies trim AT&T's 2Q profitNEW YORK — AT&T Inc.'s earnings fell 15 percent in the second quarter as it subsidized a record-setting launch of the newest iPhone. The weak economy also continued to sap its landline business.
Regulators OK accounting rules change, tech companies freed to report gadget sales up frontSeptember 23rd, 2009 Regulators OK accounting rules change, helps AppleSEATTLE — Regulators are changing accounting rules so technology companies can report sales for certain gadgets all at once. Apple Inc., for one, has had to spread iPhone revenue out over two years.