Samsung profit at record high on smartphone boost

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

Apple’s iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd.

Apple Inc. came under attack Thursday from an influential investor for its practice of stockpiling cash. Its hoard totalled $137 billion at the end of last year, and it keeps growing.

A South Korean court is expected to rule Friday on an inheritance battle that has rocked the powerful Samsung conglomerate.

Samsung Electronics Co. reported Friday forecast-beating results for the fourth quarter of 2012 as profit from its mobile business more than doubled from a year earlier.

Environment Secretary Ramon Paje on Saturday warned the public against recklessly throwing their old gadgets in the trash bin, noting the environmental hazards posed by improperly disposed electronic devices.

Think your high-definition TV is hot stuff — as sharp as it gets? At the biggest trade show in the Americas, which kicks off next week in Las Vegas, TV makers will be doing their best to convince you that HDTVs are old hat, and should make room for “Ultra HDTV.”

China has fined South Korea’s LG and Samsung and four Taiwanese companies a total of 144 million yuan ($22.8 million) for fixing prices of flat panel screens, the government announced Friday.

A Chinese court has ordered Apple Inc. to pay 1.03 million yuan ($165,000) to eight Chinese writers and two companies who say unlicensed copies of their work were distributed through Apple’s online store.

A federal judge on Thursday appeared ready to reduce a $1.05 billion jury verdict Apple Inc. won over Samsung Electronics.

Apple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers from China to the United States next year.

A California judge on Thursday granted motions to add Apple’s iPhone 5 and Samsung’s Galaxy S3 with the Jelly Bean operating system to a patent infringement suit between the mobile giants.

British judges say Apple needs to apologize once more for falsely claiming that South Korea’s Samsung copied its iPad, the latest embarrassing episode in the tech rivals’ world-spanning patent battle.