(Reuters) – Liquid-crystal display (LCD) screens were expected to slowly fade and die, giving way to lighter, thinner and tougher organic light-emitting diode (OLED) panels in everything from smartphones to televisions. But LCD is refusing to go quietly as its picture quality keeps getting better. At the same time, the major backers of credit card-thin […]
Samsung’s Galaxy powers record $5.9 billion profit; euro a worry
(Reuters) – Soaring sales of the Galaxy smartphone drove record quarterly profit of $5.9 billion at Samsung Electronics, though the South Korean tech giant is sweating over how Europe’s debt crisis is denting demand in its biggest market for televisions and home appliances. The flagship Galaxy smartphones are likely to have stretched their lead over […]
Samsung says considering spinning off LCD business
Samsung Electronics Co said on Wednesday it was considering spinning off its loss-making LCD flat-screen business in a surprise move as it seeks to orient its components business towards OLED displays, touted as the next-generation technology that will replace LCD TVs. The LCD industry has been mired in a slump since the second half of […]
Smartphones power Samsung to record quarterly profit
Samsung Electronics, the world’s top maker of memory chips and smartphones, reported a record quarterly profit on Friday, aided by one-off gains and best-ever sales of high-end phones. The South Korean firm, which surged past Apple as the world’s top smartphone maker in the third quarter, is quickly building on its supremacy with sleek designs […]