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Date: 2012-09-18
Technology News:
Company News:
LG sticks to 2012 handset target, no plan to use Microsoft OS
US-LG-HANDSETS:LG sticks to 2012 handset target, no plan to use Microsoft OS
SEOUL (Reuters) - LG Electronics Inc will stick to its previous sales target for 2012 smartphones and handsets, in the hope new product launches revive sales momentum later this year after weak sales in the first half, its head of mobile business said on Tuesday.

Park Jong-seok, president of


LG unveils new premium phone with voice-activated power camera
US-LG-PHONE:LG unveils new premium phone with voice-activated power camera
SEOUL (Reuters) - LG Electronics Inc unveiled its latest high-end smartphone packed with powerful hardware upgrades on Tuesday, as the struggling South Korean firm tries to win market share from Apple Inc and Samsung Electronics Co Ltd in the crucial holiday quarter.

LG's handset business,


Apple sells 2 million new phones, shares touch $700
US-ATT-IPHONE:Apple sells 2 million new phones, shares touch $700
By Poornima Gupta and Sayantani Ghosh

(Reuters) - Apple Inc booked orders for over two million iPhone 5 models in the first 24 hours, reflecting a higher-than-expected demand for the consumer device giant's new smartphone and setting it up for a strong holiday quarter.



AMD loses respected CFO, shares plunge
US-ADVANCEDMICRODEVICES-CFO:AMD loses respected CFO, shares plunge
By Noel Randewich

SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc said Chief Financial Officer Thomas Seifert was leaving the struggling personal computer chipmaker to pursue other opportunities, sending its shares down almost 12 percent.

After filling in as AMD's


Apple sells 2 million new phones, shares touch $700
US-ATT-IPHONE:Apple sells 2 million new phones, shares touch $700
By Poornima Gupta and Sayantani Ghosh

(Reuters) - Apple Inc booked orders for over two million iPhone 5 models in the first 24 hours, reflecting a higher-than-expected demand for the consumer device giant's new smartphone and setting it up for a strong holiday quarter.



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