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South Korea’s LG Electronics swings to Q1 net loss

South Korea’s LG Electronics Inc, the world’s No.3 handset maker, posted an unexpected net loss for the first quarter of 2011, said that it expected its handset business to return to profit in the second half. Net loss was 14.6 million dollars year-on-year for the January-March period. LG’s phone division is expected to swing to Full Article

Samsung Electronics Co. Files Lawsuits Against Apple Inc. (AAPL)

The Asian giant,S outh Korea’s, Samsung Electronics Co. is at war with the US Apple Inc. (AAPL) about iPhone and iPad patents. Samsung is accusing Apple of violating its ...Full Article

India’s Mindtree to launch Google’s Android platform with 3G networks smartphone in US

India IT services firm MindTree Ltd (MINT) is getting ready to launch its first smartphone in United States by the second half of this fiscal year. This smartphone, which ...Full Article

Samsung Electronics profits may have peaked but risks remain

Samsung Electronics Co. (005930.KS) (005930.SE) Tuesday estimated its third-quarter operating profit nearly tripled from a year earlier while sales rose about 19%. The world’s biggest memory chip maker by ...Full Article