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LG Display: Business outlook worsens, but Q1 profit above estimate

BEIJING, April 17 (Yonhap) -- LG Display Co., a South Korean maker of flat-panel screens for TVs and smartphones, expects the outlook for its key business to get worse this year due to a rapid fall in panel prices, but its first-quarter earnings could beat analysts' expectations, a senior company executive said Thursday. "Business conditions continue to get worse as prices for flat-panel screens plunge amid a supply glut," Choi Dong-won, senior vice president of LG Display, told a group of Korean correspondents in Beijing.

LG Display: Business outlook worsens, but Q1 profit above estimate

BEIJING, April 17 (Yonhap) -- LG Display Co., a South Korean maker of flat-panel screens for TVs and smartphones, expects the outlook for its key business to get worse this year due to a rapid fall in panel prices, but its first-quarter earnings could beat analysts' expectations, a senior company executive said Thursday. "Business conditions continue to get worse as prices for flat-panel screens plunge amid a supply glut," Choi Dong-won, senior vice president of LG Display, told a group of Korean correspondents in Beijing.

IBM's 1st-quarter earnings hurt by reorganization charge; revenue slips amid hardware drop

NEW YORK, N.Y. - IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets. The world's largest technology services company has been working to expand into new areas as its hardware business falters, but the latest results show that these efforts have yet to fully pay off.

IBM's quarterly revenue sinks to 5-year low as hardware sales fall

By Supantha Mukherjee and Soham Chatterjee (Reuters) - IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China. Shares of IBM fell as much as 4 percent to $188.20 in after-hours trade. Revenue for the Armonk, NY-based firm fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.

Users report burn injuries from overheated iPhone cables: consumer agency

SEOUL, April 17 (Yonhap) -- The state-run consumer advocacy body said Thursday it asked the Korean unit of Apple Inc. to inform users of the risks of burns from using overheated iPhones after reports of such injuries. The Korea Consumer Agency (KCA) said three people have reported sustaining second- to third-degree burns since last year while using Apple's lightning cable, which is used to transmit data and recharge the batteries of the iPhone 5.

Wireless industry, carriers volunteer to offer anti-theft software on smartphones by 2015

SAN FRANCISCO - A trade group for wireless providers said Tuesday that the biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft. CTIA-The Wireless Association announced that under a "Smartphone Anti-Theft Voluntary Commitment," the companies including Apple Inc., Samsung Electronics Co., Verizon Wireless, AT Owners' options will include remotely removing a smartphone's data and preventing reactivation if a phone is stolen or lost, the association said.

Smartphone makers, carriers embrace anti-theft initiative

By Marina Lopes NEW YORK (Reuters) - Major U.S. wireless carriers and smartphone makers have agreed to introduce tools to enable users to lock their devices and wipe them clean of data if stolen, responding to pressure on the telecommunications industry to do more to stem theft. Starting in July 2015, all smartphones manufactured by the companies will come with free anti-theft tools preloaded on the devices or ready to be downloaded, according to wireless association CTIA, which announced the agreement on Tuesday.

Samsung introduces curved batteries for wearable devices

By Kang Yoon-seung SEOUL, April 15 (Yonhap) -- Samsung SDI Co. on Tuesday rolled out curved batteries for wearable smart devices, which it said offer significantly longer battery life than those offered by its rivals. The Samsung affiliate, the world's No. 1 maker of smartphone batteries, said the 210mAh-model has five times the life compared with previous smartband batteries. The battery is used in Samsung Electronics Co.'s Gear Fit launched globally on Friday. With the improved battery, the Gear Fit can stay on for up to five days at low usages on a single charge.

Samsung to announce stance on deaths of employees from leukemia

By Kang Yoon-seung SEOUL, April 14 (Yonhap) -- Samsung Electronics Co. said Monday it will soon announce its official position on the sufferings and deaths of its semiconductor workers from leukemia that family members and activist groups blame on the exposure to lethal chemicals at its plants.

Amazon to unveil smartphone in time for winter holidays: WSJ

SAN FRANCISCO (Reuters) - Amazon.com Inc is preparing to launch its long-rumored smartphone in the second half of the year, the Wall Street Journal reported on Friday, citing people briefed on the company's plans. The Internet retailer would jump into a crowded market dominated by Apple Inc and Samsung Electronics Co Ltd.
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