Sharp posts a 55% rise in operating profit

Japanese electronics maker Sharp has reported a 55% year-on-year increase in its operating profit for the April-to-June quarter, beating forecasts.

Samsung's record profit isn't good enough

Samsung is learning that difficult lesson Friday after reporting a record profit that nonetheless fell short of investor expectations.

Smartphone sales down to 8-9% in April-June triggered by rupee fall, consumer fatigue

KOLKATA: The booming Indian smartphone market seems to be losing steam as sales growth tapered down in the April-June quarter despite the launch of several new models and buyback and EMI schemes.

Samsung set for crucial Galaxy S4 smartphone launch

Samsung is set to launch a device in its flagship premium smartphone range, expected to be named the Galaxy S4. It follows the S3, a handset that has sold more than 40 million units. The Galaxy handsets are seen as the closest competitor to Apple's iPhone.