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Posts Tagged ‘Samsung Electronics Co Ltd’

SEOUL (Reuters) – Samsung Electronics Co Ltd posted its first decline in quarterly profit in two years, hit by a one-off special bonus as well as slowing smartphone sales as it braces for a year of tougher competition with rival Apple Inc. The South Korean maker of Galaxy-brand smartphones said October-December operating profit fell 6 […]

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Samsung Electronics Co Ltd said October-December operating profit fell 18 percent to 8.3 trillion won ($7.8 billion) from the prior quarters record earnings, missing analyst estimates, due primarily to a one-off special bonus. Samsung is bracing itself for its weakest smartphone profit growth this year since it started making the devices in 2007, as arch […]

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Amazon.com Inc is teaming up with Samsung Electronics Co Ltd and major media corporations including Warner Bros and Lionsgate to popularize 4K ultra high-definition television. Amazon, whose Instant Video service serves up thousands of movies and TV programs in direct competition with Neflix Inc, did not outline specifics on their collaboration in a Monday announcement. […]

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