Samsung

Taipei, May 25 (CNA) Barclays Capital Friday cut its target price on shares of Taiwan-based smartphone vendor HTC Corp. to NT$340 (US$11.49) from NT$500 due to concerns over escalating competition. The brokerage also lowered its recommendation on the stock to "underweight" from "equalweight." In a research note, Dale Gai, a technology analyst with Barclays Capital, said HTC's market position has come under great threat amid rising

Heads up, Google 7-inch tablet incoming. It could be released as soon as July. by Brooke Crothers Follow @mbrookec Asus Eee Pad MeMO 370T 7-inch tablet, announced at CES.

But Google-owned Motorola Mobility also scored a victory as a second patent didn't infringe By Mikael Ricknцєs | IDG News Service Google-owned Motorola Mobility has infringed a Microsoft patent related to SMS messaging, according to a ruling in the Munich regional court, which also dismissed a second case related to a localization patent. As a result of the regional court judge's ruling, Motorola Mobility must

By Kim Yoo-chul Samsung Electronics plans to invest some 4 trillion won (about $3.4 billion) to build a new chip plant in Hawseong, Gyeonggi Province, where its key chip lines are located, Samsung officials said, Friday. The new line, the 17th, will start commercial operation within the first half of 2014. Samsung, however, is highly likely to skip the groundbreaking ceremony for the plant, the officials said.

Korean stocks opened higher Friday as Wall Street and eurozone markets recovered from an indecisive European summit that sought to handle the continent's fiscal woes, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) moved up 0.64 percent, or 11.55 points, to 1,826.02 in the first 15 minutes of trading. Market bellwether Samsung Electronics jumped 1.22 percent with top automaker Hyundai Motor gaining 0.64 percent.