Jonathan Hopfner

Samsung exec says targets 380 million handset sales this year

SEOUL (Reuters) - Samsung Electronics' mobile chief said it aimed to sell 380 million handsets this year, media reported on Monday, which would enable the world's No.2 handset maker to maintain double-digit sales growth.
 

Samsung aims to nearly double smartphone sales in 2012

SEOUL (Reuters) - Samsung Electronics' mobile chief said it aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle with arch rival Apple Inc.
 

KT reviewing network fees on Youtube, Internet TVs

SEOUL (Reuters) - South Korea's top Internet provider, KT Corp plans to charge data-heavy content providers such as Google's Youtube and Internet-enabled TV service operators to subsidize costly network upgrades, a KT executive said on Thursday.
 

China Telecom says in deal with Apple to sell iPhones in China

HONG KONG (Reuters) - China Telecom, the smallest of the country's three carriers, said on Tuesday it had signed an agreement with Apple Inc to sell iPhones in China, the world's largest mobile phone market.
 

Samsung Elec says to spin off LCD business

SEOUL (Reuters) - Samsung Electronics Co said on Monday it would spin off its loss-making LCD flat-screen business into a separate affiliate as it seeks to orient its component business towards OLED displays, touted as the technology that will replace LCD TVs.
 

Samsung shifts to new TV technology with LCD spin off

SEOUL (Reuters) - South Korea's Samsung Electronics Co, the world's biggest maker of televisions, is shifting its focus towards new generation OLED display technology, and said it will spin off its loss-making LCD flat-screen business into an affiliate.
 

Samsung posts record quarterly profit powered by smartphones

SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, aided by its best-ever sales of smartphones and one-off gains.
 

Smartphones drive record Samsung profit

SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost its production of chips and flat screens to further pull ahead of smaller rivals.
 

Samsung posts record results powered by smartphones

SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, aided by its best-ever sales of smartphones, and hiked 2012 capital investment 9 percent to 25 trillion won ($22 billion) to boost chips and flat-screen production.
 

Samsung says not interested in buying RIM

SEOUL (Reuters) - Samsung Electronics Co said on Wednesday it was not interested in taking over Research In Motion after shares of the BlackBerry smartphone maker jumped more than 10 percent following a tech blog report that it was seeking to sell itself to the South Korean firm.
 

Samsung says no interest in buying troubled RIM

SEOUL (Reuters) - Samsung Electronics Co said on Wednesday it was not interested in buying ailing Blackberry maker Research In Motion or licensing its operating system, refuting a tech blog report that RIM was seeking to sell itself to the South Korean technology giant.
 

AIA sizes up bid for $6 billion ING Asia insurance

HONG KONG (Reuters) - AIA Group Ltd <1299.HK>, Asia's third-largest insurer, is exploring making an offer for Dutch ING's <ING.AS> roughly $6 billion Asian insurance operations, sources said, with the planned sale of the business expected to draw heavy interest from rivals.
 

Samsung says to merge bada mobile OS with Intel-backed Tizen

SEOUL (Reuters) - Samsung Electronics Co said on Tuesday it planned to merge its 'bada' mobile software with a platform backed by chipmaker Intel Corp in its latest push to diversify away from Google's Android.
 

Samsung seeks to merge smartphone operating platforms

SEOUL/HELSINKI (Reuters) - Samsung Electronics Co plans to merge its own 'bada' mobile phone operating software with an open-source Tizen platform as the world's biggest smartphone maker seeks alternatives to Google's Android in its devices.
 

Samsung Group to make record investment in 2012

SEOUL (Reuters) - South Korean conglomerate Samsung Group, which includes Samsung Electronics Co, said on Tuesday it would raise its 2012 investment by 12 percent to a record 47.8 trillion won ($41.4 billion).
 

Samsung Group plans record $41 billion investment in 2012

SEOUL (Reuters) - Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record $41.4 billion, as the South Korean conglomerate seeks to consolidate its leading position in mobile chips and flat screens.
 

Samsung plans $1 billion debt sale to fund U.S. chip plant

SEOUL (Reuters) - Samsung Electronics Co <005930.KS> said on Monday its U.S. operation plans to sell around $1 billion in bonds, its first major overseas debt sale in more than a decade, to fund its chip plant operations.
 

Baidu says to open new office in South China

SHANGHAI (Reuters) - Baidu Inc said on Monday it broke ground on a new building in the southern city of Shenzhen that would hold its mobile Internet research and development offices and south China and international headquarters.
 

China to ease controls on HK listings: regulator

HONG KONG (Reuters) - China's securities regulator plans to relax controls on Hong Kong and overseas listings for Chinese companies and will push for issues of yuan-denominated shares in the offshore yuan market, its vice chairman Yao Gang said on Monday.
 

Samsung CEO: Not eyeing Olympus healthcare business

LAS VEGAS (Reuters) - South Korea's Samsung Electronics Co is not interested in acquiring the healthcare business of Japan's troubled Olympus, Samsung's chief executive told Reuters on Thursday.