• ELECTRONICS
    LG Electronics Posts Massive Profit Jump Despite Smartphone Sales Slump

    Booming sales of home appliances and televisions helped South Korea’s LG Electronics report a surge in first-quarter profits Thursday, despite a continued slump in smartphone sales. Net income for January to March amounted to KRW 198 billion ($173.9 million or roughly Rs. 1,156 crores), up 415 percent from a year ago, the Seoul-based company said […]

  • COMPUTERS
    PC Sales Slump for Sixth Consecutive Quarter: Gartner, IDC

    Sales of personal computers slid for the sixth consecutive quarter at the start of 2016, falling to levels not seen since 2007, a market tracker said Monday. A survey by research firm Gartner shows a 9.6 percent drop in PC sales in the first quarter compared with a year earlier, to 64.7 million units. Figures […]