Samsung Electronics Co. is stepping up investments to beef up its mobile business, this time taking a 10% stake in local handset maker Pantech Co. While the investment of $48 million is tiny compared to other deals Samsung has made so far this year, the decision comes as a surprise and is raising eyebrows among investors and analysts who say that Pantech doesn't have much to offer Samsung in terms of technology or software capabilities. The stake purchase will make Samsung the third-largest shareholder in Pantech after chip maker Qualcomm Inc.
Stop me if you've heard this one before: an embattled consumer electronics company is counting on its latest smartphone to vault it back onto the U.S. consumer's radar.
I could be talking about Nokia, Research in Motion, or LG. But today, it's Sony and the Xperia Ion, which AT&T will sell on June 24 for $99.99.
That you could tell the same attempted-comeback story about so many different vendors in the U.S. underscores the increasingl challenges in the smartphone arena, where there are a few haves (Apple and Samsung Electronics)
Apple's new iPad on Monday picked up another accolade: Consumer Reports named the device its top tablet in its newest rankings.
Hillcrest Labs is the latest company promising to bring Kinect-style gesture recognition to the smartphone.
Hillcrest, which has been working in the gesture and motion technology field for a decade, says the addition of gyroscope, accelerometers and other sensors to the phone make it a perfect candidate for gesture recognition.
The Rockville, Md.-based company's FreeSpace motion engine is already used in smart TVs and Roku set-top boxes. Hillcrest said it has adapted its software to also work with devices running Android and Windows 8.
What happens when Korea's biggest wireless carriers and Korea's biggest phone manufacturers get caught offering bogus wireless phone deals to their customers? Well, according to the Yonhap News Agency, Korea's Fair Trade Commission gets pissed off and slaps those companies with huge fine - 45.3 billion won ($40.2 million)- for "price fixing and consumer fraud."
If the fines are any indication, then carrier SK Telecom and Samsung Electronics were the biggest offenders here - they netted themselves a 20.2 billion won ($17.9 million) and 14.2 billion won ($12.6 million) penalty respectively.
AT&T Monday announced five new Android smartphones for release this fall, bringing the total of AT&T 2011 smartphone releases to 19.
Personal Communications Devices (PCD), once known as Audiovox Communications and then as UTStarcom Personal Communications, is a company with a 30-year history in mobile telecommunications that parallels the birth and growth of the cellular phone category.
It's finally here: Verizon will launch its LTE network this Sunday. After more than a year of hype, the company is finally launching its so-called 4G wireless network that uses a network technology known as Long Term Evolution or LTE. Starting December 5, the new network will be live in 38 markets including, New York City, Chicago, Los Angeles, Boston, and San Francisco among others. About 70 percent of the 38 markets that Verizon is launching in initially will get the service starting Sunday. The company will have street view maps available to show exact locations where the network