RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter.
Shares of South Korean consumer electronics maker LG Electronics Inc rose sharply early on Thursday, buoyed by expectations for healthy earnings in 2015 as well as bargain-hunting.
South Korea's Samsung Electronics Co Ltd launched a lineup of high-tech premium TVs on Tuesday, calling on its original mainstay devices to help avert a second consecutive year of profit decline.
Samsung Electronics Co Ltd said on Thursday that all its new smart television products launched in 2015 will be powered by the Tizen operating system, marking a fresh effort by the company to increase the usage of the software platform.
U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report.
Shares in Cheil Industries Inc (028260.KS), the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate.
Leaked emails reveal a cultural gulf between Japan's Sony Corp and Hollywood subsidiary Sony Pictures Entertainment, highlighting the challenge of CEO Kazuo Hirai to turn around the money-losing company under the slogan One Sony.
Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest payments processor.
Sony Corp should fear China's censors almost as much as rival Microsoft Corp as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming market.
Sony Corp is likely to cut average pay next year in a rare move for a big Japanese company, and one that goes against Prime Minister Shinzo Abe's push for higher wages to get the economy moving.
U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest day of the year for Internet shopping.
South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.
South Korea's Samsung Electronics Co Ltd (005930.KS) has secured a license to invest $3 billion to expand its production in northern Vietnam, the Vietnamese government said.
Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.
Hon Hai Precision Industry Co Ltd (2317.TW), the world's largest contract electronics manufacturer, will partner with flat-panel maker Innolux Corp (3481.TW) in investing T$86.8 billion ($2.8 billion) in a panel-producing plant in Taiwan, the firms said.
Subscribe to VCpost newsletter
- McDonald's CEO Don Thompson to retire
- Caesars' gets its Chicago bankruptcy in win for Apollo
- Wall Street ends lower after Fed statement, oil drop
- Cost-cutting VW bets big to revamp loss-making luxury Phaeton
- Lock of Abe Lincoln's hair sells for $25,000 at Dallas auction
- Huawei says consumer business group targets $16 billion revenue
- Fed nods to global troubles, while keeping faith in U.S.
- Samsung Electronics to be main chip supplier for next iPhone: South Korea paper