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Samsung Estimates Record Earnings

Samsung Electronics Co. said Friday it estimates record earnings for the fourth-quarter as robust sales of smartphones helped it ride out slower economic growth in its major global markets.

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TV Makers Seek Fatter Profits in Thinner Sets

Television manufacturers, stung by steep profit declines this year, will start making TV sets that are even thinner and lighter in hopes of sparking new consumer interest.

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Google’s Schmidt Says Android Will Remain Free

Google Inc. Executive Chairman Eric Schmidt said Tuesday that the Internet search giant remains committed to offering its Android mobile operating system for free to its handset manufacturing partners.

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LG Electronics to Raise $940 Million in Rights Offering

LG Electronics Inc.’s board approved a plan to raise $940 million via a rights offering, news that sent shares of the South Korean consumer electronics firm down by more than 13 percent Thursday.

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Samsung’s Smartphone Sales Surpass Apple’s

Samsung Electronics Co.’s third-quarter net profit fell 23 percent, the company said on Friday, but that was less than expected as strong sales of smartphones offset weakness in other consumer products and electronic components.

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Samsung Fires Back at Apple iPhone 4S

Samsung Electronics Co. said it is seeking to stop the sale of Apple Inc.’s new iPhone 4S in Japan and Australia, further ramping up a legal clash with the U.S. company after a series of setbacks in courts around the world in recent days.

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Samsung Sees Weaker Earnings

Samsung Electronics Co. said it expects weaker third-quarter earnings, reflecting a decline in demand for its computer chips and flat panels, although brisk sales of its smartphones may help offset slower sales of other products.

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Samsung to Open Bada to External Developers

Samsung Electronics Co. plans to open up its homegrown mobile software platform to outside developers and device makers next year in a bid to kick-start growth in the operating system and reduce its reliance on Google Inc.’s Android in the increasingly litigious smartphone and tablet computer business.

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STX Quits Bid to Control Chip Maker Hynix

STX Corp. on Monday dropped its bid for a controlling stake in South Korean chip maker Hynix Semiconductor Inc. due to market uncertainties and financial burden, leaving SK Telecom Co. as the sole bidder for the chip maker in a deal worth at least three trillion won ($2.7 billion).

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Samsung Combines Component Operations

Samsung Electronics Co. said Friday it will fold its flat-panel display business back into its semiconductor business, uniting its component manufacturing operations just when the display business appears likely to be unprofitable for some time to come.