Webwire: Samsung posts record Q1 profit; Alca-Lu swings to Q1 loss

Staff writer
27 Apr 2012
00:00

Samsung posts record $4.4b Q1 profit

Samsung has reported a record 5.05 trillion won ($4.45 billion) in net profit for the March quarter, on the strength of its burgeoning handset business.

Associated Press

Alcatel-Lucent swings to Q1 loss

Alcatel-Lucent has reported a swing to a first quarter loss of €221 million ($929 million), blaming depressed spending by customers in Europe as a result of the eurozone crisis.

BusinessWeek

No evidence mobiles harm human health: HPA

The UK's Health Protection Agency has conducted a major review of safety studies into mobile phones, and concluded that there is still no conclusive evidence that handset use can be linked with cancer risk, brain function or infertility.

BBC News

Ex-Sun CEOs differ on Google need for Java license

Two former Sun Microsystems CEOs have given conflicting opinions about whether Google was required to license Java APIs in testimony during Oracle's intellectual property lawsuit against Google.

Bloomberg

Xilinx Q4 profit falls 16%

Base station chip maker Xilinx has reported a decline in 16% decline in net income for its fourth quarter to $134.1 million, from $160.1 million a year earlier, but beat analysts' expectations with its revenue forecast for the first quarter.

Bloomberg

FTC hires prosecutor as part of Google probe

The US FTC has hired a high-profile outside litigator in connection with its antitrust probe into Google, signalling that it is willing to take the search giant to court.

New York Times

Fire strategy paying off for Amazon

Amazon's loss-leading strategy for its Kindle Fire tablet appears to be paying off by stimulating more sales of digital goods – the company roundly beat analysts' expectations with its quarterly results.

Reuters

Next Samsung Galaxy to have quad-core chip

Samsung will include a quad-core processor with a clock speed as high as 1.4 GHz into the next iteration of its Galaxy smartphones.

Wired

Related content

Follow Telecom Asia Sport!
Comments
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.