Apple and Samsung chiefs agree to mediation in US patent fight January 9, 2014 APPLE and Samsung Electronics have agreed to attend a mediation session to be held on or before 19 February, as they prepare to clash in court in March over smartphone patents. Apple chief executive Tim Cook and his Samsung counterpart Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing. [...]
Laird soars on Asia plans and trading update January 9, 2014 SHARES in electronic parts maker Laird soared over 12 per cent yesterday, after the FTSE 250 firm said trading was in line with expectations and unveiled its Asian expansion plans. The company – which makes components for Apple and Samsung – is building a new manufacturing facility in Vietnam and expanding a design centre in [...]
CES: the very best of the show so far January 8, 2014 The annual Consumer Electronics Show in Las Vegas is like Willy Wonka’s Chocolate Factory for geeks. It sees several gigantic aircraft hangers packed full of the biggest releases from some of the world’s top tech firms. This year saw 3D printers move further towards the mainstream, while manufacturers of high-end TVs once again pulled out [...]
Meltdown Mike is not alone in his public pickle January 7, 2014 POOR Michael Bay – the Transformers director had a very public meltdown earlier this week when he introduced Samsung’s new 150-inch TV at the Las Vegas Consumer Electronics Show. The director lost his place on the teleprompter, fluffed his lines and walked off stage in a huff. But Bay can console himself with the fact [...]
Samsung warns of falling profits in mobile group January 7, 2014 SAMSUNG Electronics’ fourth quarter profits are expected to be hit by falling smartphone shipments and the impact of a special employee bonus estimated to be worth nearly 1 trillion South Korean won (£570m). Yesterday the world’s largest smartphone maker said it expects to fall short of analysts’ expected earnings of 8.8 trillion won by 18 [...]
Bendable TVs shown off by LG January 7, 2014 LG and Samsung showed off curved TVs last night that can have their curvature adjusted by the viewer. The so-called bendable TVs are designed to enhance the viewing experience by changing how bent the screens are based on user’s distance from the screen. Samsung’s TV has an 85in screen while LG’s comes in a smaller [...]
Don’t let the Vegas tech giants fool you: We’re in the age of disruption January 7, 2014 IT’S HARD to think of a better parable about the effects of technology than Samsung’s embarrassing product launch at the Consumer Electronics Show (CES) in Las Vegas on Monday. The Korean tech giant had lined up high-octane movie director Michael Bay to launch its new curved television at the show, where the world’s techies come [...]
2014: The year you might email your dishwasher January 6, 2014 MAKING sure your house is warm when you get in from work could soon be as easy as texting your boiler – or at least that was the message coming out of a major tech industry show in the US yesterday. At the Consumer Electronics Show in Las Vegas last night, Samsung revealed its vision for [...]
HTC misses fourth quarter target despite aggressive cost cutting January 5, 2014 STRUGGLING Taiwanese smartphone maker HTC missed expectations yesterday with a worse than expected fourth quarter profit, despite the firm’s aggressive cost cutting measures and the sale of its 2.5bn Taiwanese dollar (£50.8m) stake in Beats Electronics. The company reported profit of 300m Taiwanese dollars, compared to a net loss of 2.97bn Taiwanese dollars in the [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]