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South Korea’s Samsung Electronics has announced a 17% rise in profits in the last three months of 2011, as smartphone sales boosted earnings. Net profit for the quarter was 4 trillion won ($3.6bn; £2.3bn), up from 3.42tn won in the same period the previous year, Samsung said. However, for the whole of 2011 net income [...]
Nintendo Co. more than tripled its full-year loss forecast Thursday as the success of Apple Inc. devices erodes demand for the company’s 3DS handheld player. The net loss in the year ending in March may be $838 million, compared with an earlier forecast for a loss of $258 million, the company said. President Satoru Iwata, [...]
In the trend-setting North American market, BlackBerry phones have gone from must-have messaging toys to outdated clunkers — all in the space of a few years. The new CEO of Research In Motion Ltd., the company behind the phones, said it can claw its way back to the top with new software, but analysts are [...]
ACER has kicked off the Consumer Electronics Show in Las Vegas by announcing what it claims is the world’s thinnest Ultrabook, some 15mm thick at its widest point. Acer’s media conference, held two days ahead of the official CES show, sets the scene for tough competition in 2012 between manufacturers readying to pump out Ultrabooks, [...]
In country after country, Facebook is toppling the incumbent local social network in what seems like an unstoppable march to global dominance. After overtaking Microsoft’s Windows Live Profile in Portugal and Mexico in early 2010, Facebook eclipsed StudiVZ in Germany and Google’s Orkut in India later that year, and soon unseated Hyves in the Netherlands, [...]
A Chinese locomotive company has rolled out the country’s first home-made magnetically levitated (maglev) train that creates less pollution than the conventional ones and ideal for transport in the urban and ecologically fragile tourist areas. The low-cost three-carriage train is designed to run at a maximum speed of 100 km per hour and carry 600 [...]
Life spotted on Venus: Russian scientist Moscow: Several objects resembling living beings were detected on photographs taken by a Russian landing probe in 1982 during a Venus mission, says an article published in the Solar System Research magazine. Leonid Ksanfomaliti of the Space Research Institute of Russia’s Academy of Sciences published a research that analysed [...]