Samsung Electronics

  1. Business Matters: Why An Artist Like Jay-Z Would Partner with Samsung

    June 17, 2013 8:26 PM EDT It's no wonder that Jay-Z signed a partnership deal with the electronics giant Samsung that's rumored to be worth $20 million. The Korean company spends an incredible amount on advertising every year.   Samsung Electronics' ad ...

  2. Morning Fix: Canada Approves UMG-EMI; Grammy Noms To Nashville; iPhone Leaks, Flaming Lips' Pub Deal

    August 21, 2012 8:20 AM EDT Universal-EMI Merger Approved By Canadian Regulators Universal Music Group's proposed acquisition of EMI's recorded music division has passed another hurdle, albeit not the European Commission or FTC approval the companies are so activel ...

  3. Sony Corp's Losses Grow, Cuts Earnings Forecast

    August 02, 2012 8:41 AM EDT TOKYO (AP) -- Sony's red ink worsened in the April-June quarter and it lowered its full-year earnings forecast as it battles a strong yen and declining sales of liquid crystal display TVs and video game machines. The Japanese electronics and ...

  4. Samsung Launches U.S. Music Hub With Cloud Storage, Streaming, Radio, Store

    August 01, 2012 8:18 AM EDT LOS ANGELES (AP) -- Samsung launched its Music Hub service in the U.S. on Tuesday. It's an effort to capture some of the buzz around Spotify with a feature that combines a cloud music locker, unlimited song streaming, a radio player and a mus ...

  5. Kazuo Hirai, New Sony CEO/President, Meets Fear, Hope at Shareholder Meeting

    June 29, 2012 9:01 AM EDT TOKYO (AP) -- The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and ...

  6. Samsung Debuts Online 'Music Hub,' Challenges iTunes With 19 Million Tracks

    May 29, 2012 12:15 PM EDT Samsung is debuting an online music store called the Samsung Music Hub, which will be available initially via its new Samsung Galaxy S III in Germany, Italy, the U.K., France and Spain. The service will allow songs to be streamed through the cloud ...

  7. Samsung Acquires mSpot, Cloud-Based Service Provider

    May 11, 2012 2:41 PM EDT Samsung Electronics has announced it is acquiring mSpot, Inc., a mobile cloud-based content service provider. The acquisition will provide allow users of Samsung devices to access digital content, including music, video and radio Though no purchas ...

  8. Sony Reports $463 Million Music Profit While Parent Corp. Posts Record $5.7 Billion Loss

    May 10, 2012 7:53 AM EDT TOKYO (AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. Sony, h ...

  9. Sony CEO Confirms 10,000 Job Cuts, Reorganization

    April 12, 2012 8:06 AM EDT Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs , or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years. New CEO and President Kazuo Hirai outlined hi ...

  10. Sony Headed for Fourth Straight Year in the Red, Reports $346 Mil. Quarterly Loss

    November 02, 2011 8:16 AM EDT TOKYO (AP) - Sony reported a 27 billion yen ($346 million) loss for the latest quarter and downgraded its annual earnings forecast Wednesday to stay in the red for the fourth year straight, battered by the strong yen and poor sales of flat panel T ...

  11. Sony Corp Announces $199 Million Quarterly Loss on Disasters

    July 28, 2011 7:00 AM EDT TOKYO (AP) - Sony Corp. sank to a 15.5 billion yen ($199 million) quarterly loss, hurt by the disasters in northeastern Japan, a massive online security breach and plunging TV prices. The Tokyo-based electronics and entertainment company said Thur ...

  12. Sony Q1 Results Expected To Show Recovery

    July 26, 2011 8:15 AM EDT reports fiscal first quarter earnings Thursday that are expected to reflect a gradual recovery, despite the damage from the March earthquake and an embarrassing online security breach. WHAT TO WATCH FOR: The aftermath of March 11 quake and tsunami ...

  13. Sony to Post $3.2 Billion Annual Loss

    May 23, 2011 7:29 AM EDT Sony Corp said it expected to post a $3.2 billion net loss for the year that ended on March 31 due to a write off on tax credits, the latest in a string of grim headlines for the consumer electronics giant. The maker of PlayStation video games, Va ...

  14. New iPad to Launch Today With or Without Steve Jobs

    March 02, 2011 7:48 AM EST More than a year after igniting the tablet computing craze, Apple Inc was preparing to unveil the second version of its blockbuster iPad on Wednesday -- possibly minus lead showman Steve Jobs. Plenty has changed over the course of the year. Credit ...

  15. MTV's Music Meter Expanding To Select Samsung TVs

    January 05, 2011 12:00 AM EST MTV is expanding its Music Meter artist discovery service to Internet-connected TVs manufactured by Samsung. Under the deal, Samsung will include the Music Meter on select HDTVs, as well as Blu-ray players and home thearter systems through its Sam ...

  16. Apple Noticeably Absent at This Week's Consumer Electronics Show

    January 02, 2011 12:00 AM EST What do you call it when you have 120,000 people and an elephant in the room? The International Consumer Electronics Show, which kicks off this week in Las Vegas. The elephant is Apple Inc. It won't be at the show this year, but its tablet co ...

  17. Microsoft Announce Tablet Plans

    July 30, 2010 12:00 AM EDT Microsoft Corp set out its ambitions to dominate the consumer electronics market on Thursday with Windows-powered tablet computers and smartphones designed to beat back advances by Apple Inc and Google Inc. New tablets will be available as soon as ...

  18. Sony CEO's $4.5 Million Pay Stirs Shareholders

    June 18, 2010 12:00 AM EDT Sony Corp CEO Howard Stringer took home $4.5 million plus stock options in the past financial year -- when the electronics giant lost close to $450 million -- making him one of the highest paid executives at a Japanese company. The size of the Wel ...

  19. Handset Market Rebounding In 2010: Report

    February 23, 2010 12:00 AM EST The cellphone market will rebound more strongly strongly than expected this year as improving economies boost spending on new gadgets and handset vendors push cheap smartphones, according to research firm Gartner. The market fell 1% in 2009, the f ...

  20. Samsung Aims To Treble Smartphone Sales In 2010

    February 04, 2010 12:00 AM EST South Korea's Samsung Electronics Co Ltd said on Thursday (Feb. 4) it aimed to treble smartphone shipments this year to more than 18 million units, as the world's second-biggest cellphone maker (behind Nokia) scrambles to make a mark in ...

  21. Smartphone Competition To Bite After Q4 Boom

    February 01, 2010 12:00 AM EST Booming demand for new, cheaper smartphones helped fuel a recovery in the overall handset market late last year, but rivalry for a piece of this lucrative business will turn fierce in 2010 as many new vendors enter the market. "The smartphone ...

  22. Google postpones Android In China

    January 19, 2010 12:00 AM EST Google Inc has postponed the launch of two models of its Android mobile telephone in China which had been scheduled for Wednesday, a company spokeswoman said Tuesday. The manufacturers of the telephone are Motorola and Samsung Electronics Co Ltd, ...

  23. Nokia To Sell 'More Than 500 Million Phones In 2010'

    January 04, 2010 12:00 AM EST Top cellphone maker Nokia will sell more than 500 million handsets this year, above market expectations, a senior company executive told India's Economic Times in an interview. "In 2010, Nokia will ship over 500 million units across thre ...

  24. IPhone To Go On Sale In South Korea

    November 23, 2009 12:00 AM EST Apple's iPhone will go on sale in South Korea this week, offered by the country's No. 2 mobile carrier KT Corp. South Korea, a market for 47 million mobile users, is home turf for the world's No. 2 and 3 mobile phone makers Samsung ...

  25. Sony Corp Slides To 4-Month Low

    November 20, 2009 12:00 AM EST Shares of Sony Corp fell to their lowest in nearly four months on Friday (Nov. 20) after the electronics maker's new business strategy failed to convince investors it could deliver strong profit growth. Sony, which is heading for its second s ...

  26. Apple Tops Phone Chart As Nokia, Samsung Step Up

    November 11, 2009 12:00 AM EST The world's two largest cellphone makers, Nokia and Samsung Electronics, have unveiled their latest rivals to the iPhone as Apple became the top profit generator in the handset industry. Apple Inc overtook Nokia in the September quarter as th ...

  27. Sony Corp Reports Loss

    May 14, 2009 12:00 AM EDT Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it projected another year of red ink during which it will close eight factories worldwide. Consumer electronics makers around the ...

  28. Sony Swings To Q3 Operating Loss As Demand Wilts

    January 29, 2009 12:00 AM EST Sony Corp swung to a quarterly operating loss and reiterated a forecast for its first annual loss in 14 years, battered by a firmer yen and weaker demand while highlighting deepening woes at the electronics conglomerate. The loss announcement was ...

  29. Sony Corp. To Cut 8,000 Jobs

    December 09, 2008 12:00 AM EST Japan's Sony Corp. said it will cut about 4% of its workforce, curb investment and pull out of businesses to save $1.1 billion a year, as the financial crisis ravages demand for its electronics products. The 8,000 job cuts are the biggest ann ...

  30. Girls Aloud Seal Samsung Deal

    June 26, 2007 12:00 AM EDT The U.K. division of Korean electronics giant Samsung has unveiled a new commercial deal with Polydor Records, a subsidiary of Universal Music U.K., and one of its leading female pop acts, Girls Aloud. The agreement, clinched earlier this month (J ...

  31. Samsung, MusicNet Ready European Music Store

    September 01, 2006 12:00 AM EDT Samsung Electronics is teaming with MusicNet to launch a new online music store in Europe, as a companion to a forthcoming line-up of portable media players from the consumer electronics giant. Samsung Electronics is teaming with MusicNet to launc ...

  32. Samsung, MusicNet Ready European Music Store

    September 01, 2006 12:00 AM EDT Samsung Electronics is teaming with MusicNet to launch a new online music store in Europe, as a companion to a forthcoming line-up of portable media players from the consumer electronics giant. Samsung Electronics is teaming with MusicNet to launc ...

  33. Samsung: No Plans To Launch Music Service

    November 03, 2005 12:00 AM EST Contrary to reports last week, Samsung Electronics Co. has no plans to enter the online music business with a system similar to Apple Computer Inc.'s iTunes service, an executive said Thursday. Contrary to reports last week, Samsung Electroni ...

  34. Samsung Unveils Hybrid HD Player

    September 12, 2005 12:00 AM EDT First hardware manufacturer with hybrid plans. Samsung Electronics will be introducing a DVD player that reads both Blu-ray and HD DVD discs next year. The company is the first hardware manufacturer to reveal plans for such a hybrid HD player. The ...

  35. Making The Brand

    August 01, 2005 12:00 AM EDT Samsung Electronics and the critically acclaimed PBS concert series "Soundstage" have joined forces for an advertising and marketing partnership with strong musical synergy. Read Michael Paoletta's co Samsung Electronics and the cri ...

  36. Sony Slumps to Loss

    July 28, 2005 12:00 AM EDT Slashes Profit Outlook on Falling Sales, Restructuring Costs Sony Corp. announced its second quarterly loss in a row Thursday and slashed its profit outlook, highlighting the challenges Sony's new chairman faces as he tries to revive the comp ...

  37. Samsung, XM Team To Create MP3 Players

    July 26, 2005 12:00 AM EDT Samsung Electronics has formed a strategic alliance with XM Satellite Radio to create MP3 players with native support for XM’s radio programming. The devices won’t directly connect to the XM servi Samsung Electronics has formed a strategic allianc ...

  38. Bon Jovi To Kick Off HDTV Concert Series

    October 19, 2004 12:00 AM EDT Samsung Electronics America has teamed with the cable industry's OnlyCableCan marketing initiative to launch a new concert series, "INHD's Center Stage," on the high-definition cable network INHD and Samsung Electronics America ...

  39. DTS Names Pioneer Vet To Board

    May 12, 2004 12:00 AM EDT Technology company Digital Theater Systems, Inc. (DTS) has appointed consumer-electronics industry veteran Ronald Stone to its Board of Directors. Technology company Digital Theater Systems, Inc. (DTS) has appointed consumer-electronics industry v ...