Voices

Samsung’s Profit Jumps 91 Percent

Samsung Electronics Co.’s third-quarter profit jumped 91 percent in a period when it was the only big manufacturer with new phones at the high end of the market. But the company indicated that momentum may stall in the current quarter.

Voices

Weak PC Demand Hits Chip Makers’ Earnings

Asia’s major memory-chip makers continued to post weak results in the third quarter as personal-computer demand waned, with consumers switching to mobile devices such as tablet computers and smartphones.

Voices

Yahoo to Close South Korean Operations

Yahoo Inc. will close its South Korean operations by the end of this year after struggling to make inroads in a market dominated by local Web portals.

Voices

Samsung Expects Record Operating Profit

Samsung Electronics Co. said Friday it expects a record operating profit for the third quarter despite its legal battles with Apple Inc., but analysts say earnings at its flagship mobile business may have peaked.

Voices

LG Profit Jumps, but Hopes for Turnaround Dim

LG Electronics Inc. on Wednesday posted a 47 percent increase in its second-quarter net profit powered by stronger profitability in its flat-screen television and home appliance operations, though the result was still short of analysts’ expectations as sales at LG’s handset business languished.

Voices

Samsung Buys U.K. Firm’s Mobile Business

South Korea’s Samsung Electronics Co. has acquired the mobile-technology business of U.K.-based Cambridge Silicon Radio PLC for $310 million, as the smartphone giant seeks technology and patents to ensure its mobile chip and handset businesses stay competitive.

Voices

Samsung’s Forecast Fails to Ease Concerns

Samsung Electronics Co., the world’s largest seller of smartphones by units, said Monday it expects its mobile phone business to report better financial results in the second quarter than it did in the first, partly helped by strong sales of its new Galaxy S III smartphone.

Voices

Samsung Names New CEO

Samsung Electronics Co. named Kwon Oh-hyun, head of its chip and liquid-crystal-display units for the past six months, as chief executive officer.

Voices

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.

Voices

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.