VENTURE CAPITAL POST

Samsung Electronics Co Ltd (005930.KS) is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain.

Airline passengers will be able to use smartphones and tablet computers throughout their entire flight, the European Aviation Safety Agency (EASA) said on Friday, which could also pave the way for airlines to offer wireless communication services.

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Internet firm Baidu Inc intends to make more acquisitions this year to get more smartphone users in the world's largest smartphone market to patronize its services, Reuters reported.

With no new gadgets seen to fuel growth, the global technology market is poised for a slight drop in 2014, according to estimates from the Consumer Electronics Association, the Financial Times reported.

Apple Inc has asked a US District Court in California to ban the sales in the US of more than 20 smartphones and tablets of its rival Samsung Electronics, Bloomberg reported.

Like other foreign firms, CCTV zeroed in on alleged failures of Samsung Galaxy S and Note series smartphones due to alleged memory chip failures.

HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.

South Korean electronics maker LG would be launching its newest smartphone, the G2, next month.

Compiled reports by The Next Web confirmed news that Samsung Electronics Co Ltd would be region-locking almost all of its Android phones.

A Bloomberg report said smartphones had recently threatened sales of Japanese camera makers Nikon and Canon.

Apple told supplier to begin shipping new Iphones beginning September.

Apple Inc's report regarding its sales for the third quarter surpassed the expectations of analysts after selling 4.7 million more than what was expected.

According to sources, Apple Inc made screen designs for a phablet that measures 13 inches diagonally.

A Samsung-FBI deal was coming to an emminent close, said sources.