Samsung Profits Up, Sales Dip
Seoul, South Korea – Samsung Electronics rode increased sales in the information and communication sectors, which help boost the company’s third quarter net profit...
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Seoul, South Korea – Samsung Electronics rode increased sales in the information and communication sectors, which help boost the company’s third quarter net profit...
New York – Best Buy has introduced a notebook computer in its in-house vpr Martix line with a 15.2-inch, almost letterbox shape that it...
Stockholm, Sweden – Major Appliance maker Electrolux third quarter net profit plunged by 36 percent to $133 million on sales that dipped 3.4 percent...
New York – Almost two years after reentering the U.S. wireless-phone market, Siemens unveiled a marketing initiative to bolster its tiny U.S. market share...
New York – Research In Motion is adding new capabilities to its GSM/GPRS BlackBerry handhelds, and AT&T Wireless is expanding BlackBerry distribution by making...
SAN FRANCISCO – Stephen Carter, president & CEO of Cingular Wireless will be a keynoter as part of highlighting wireless technology at the 2003...
New York – Dell Computers increased its share of the U.S. PC market in the third quarter, while the newly combined Hewlett-Packard/Compaq and the...
Redmond, Wash. – Microsoft recorded record fiscal first-quarter revenue of $7.8 billion in the period ended Sept. 30, a 26 percent gain over the...
Secaucus, NJ – After months of inter-industry squabbling, Panasonic said it has stepped up to become the first manufacturer to sign on with the...
Mountain View, Calif. – Handheld computer maker Handspring saw revenue drop about 12 percent in its fiscal first quarter, slipping to $54.1 million, down...
New York – Sirius Satellite Radio has agreed with holders of about $1.2 billion of its debt and preferred stock, to convert substantially all...
Hoffman Estates, Ill. – Sears , Roebuck and Co. reported that revenue for the third quarter in retail and related services, which includes full-line...
Helsinki, Finland – Spurred by the arrival of an increasing number of mass-volume mobile phones with color and multimedia messaging capability, handset maker Nokia...
San Francisco – The centerpiece of the Common Picture eXchange Environment (CPXe) initiative, an online service/retail directory, took a step forward today with the...
Washington – The Consumer Electronics Association will take legal action to overturn the FCC’s ruling that all TV sets including digital tuners. The CEA,...
San Diego – Gateway will plunge into the world of CE retailing by greatly expanding the list of non-PC products sold through its Country...
Santa Monica, Calif. – Former Kenwood USA president Joe Richter was named CEO and president of APH USA, which is working to broaden distribution...
Cupertino, Calif. – Putting the blame on several one-time charges, Apple Computer recorded a $45 million net loss in its fiscal fourth quarter, its...
New York – Best Buy and online photo service Shutterfly expanded their two-year relationship this week with the announcement of a joint program to...
Delray Beach, Fla. – Impacted by a disappointing back to school season and ongoing negative sales comps in furniture and technology products, such as...
Schaumberg, Ill. – Although sales in the Personal Communications Segment, the handset division at Motorola, came in lower than the company expected – a...
Benton Harbor, Mich. – Record sales and operating profit were posted in the North American business of major appliance maker Whirlpool in the third...
New York – Director Barry Sonnenfeld was on hand today to help Columbia Tri Star usher in the Men in Black II Special Edition...
Amsterdam, The Netherlands – Given a lift by increased television, audio and VCR revenue, third quarter income from operations in the Consumer Electronics segment...
San Francisco – More than three-quarters, 78 percent, of all U.S. households are likely to purchase at least one consumer electronics product as a...
El Segundo, Calif. – Continued subscriber growth and higher monthly revenue per subscriber accounted for a 19 percent increase in quarterly revenue at DirecTV,...
Newton, Iowa – Third quarter sales and net profit in Maytag’s home appliance segment, which includes major appliances and floor care products, edged up...
Liberty Corners, N.J. – Favorable seasonal weather in North America resulted in a slight improvement in fiscal fourth quarter sales at air treatment products...
Poway, Calif. – Delkin Devices has added its new eFilm Picturevision set-top digital image viewer to a growing list of peripherals designed to move...
Hauppauge, N.Y. – Audiovox Electronics, the consumer electronics subsidiary of Audiovox, continues to show ‘steady growth, particularly in the mobile video category,’ with sales...
Fairfield, Conn. – Sales in the major appliances segment in the consumer products division at General Electric were flat during the third quarter, hitting...
DTS is laying the groundwork for a 2003 marketing campaign that will promote its 5.1-channel surround format as a premium audio option for satellite...
New faces mingled with new networking technologies during the recent CEDIA Expo, where attendance rose by 13 percent to 19,500 despite the slow-growth economy....
Pioneer expects to be the first supplier offering an industry-standard 1394 connection between a DVD-Audio player and a receiver, the company said during the...
The first AM/FM radios that use software to tune into stations will dramatically enhance reception of analog broadcasts and will be in stores in...
iBiquity Digital scored a hat trick. At the company’s request, the Federal Communications Commission unanimously endorsed the use of in-band on-channel (IBOC) technology for...
Pine Brook, N.J. — Denon has expanded its sales every year since 1996 and is poised to increase sales once again for the fiscal...
Harman International merged its worldwide JBL and Infinity home-speaker operations into a single division in July to create a global product line for each...
D&M Holdings plans to acquire additional brands targeted to the custom-install and specialty A/V channels, said Merle Gilmore, D&M’s chairman and CEO. The company...
Samsung previewed for CEDIA show goers its largest HDTV rear-projection monitor based on TI’s HD-2 DLP technology, a new HD-level 40W-inch direct-view LCD TV...
Panasonic used CEDIA to unveil its second-generation HD-level DLP rear-projection monitor, and an ultra high-end 3-chip DLP front projector. The PT-52DL52 52W-inch rear-projection DLP...