…while appliances save LG’s bacon

LG Electronics’ strong sales in home appliances and high-end televisions has mitigated a 37% slide in quarterly profit as its mobile device business faltered. LG reported that third-quarter operating profit was down US$257 million from a year earlier.

Sony brings 4K technology to smartphones

Sony has expanded its expertise in 4K technology, developing the world’s first 4K smartphone, Xperia Z5 Premium, shown to select media at an exclusive event in Sydney’s Circular Quay on Thursday evening. With Sony’s Alpha™ camera technology, users can capture split-second moments at a record speed of just 0.03 seconds (faster than a blink of an eye). The new integrated fingerprint sensor power button also makes the device more personal, protected and easily unlockable.

Fitness market or bust, says HTC boss

HTC is determined to pursue its plan to enter the virtual-reality and interconnected-device markets, including fitness products, global sales president Chialin Chang said. His comments followed a second quarter in which the company reversed four consecutive quarters of net profits to post a net loss of NT$8 billion (US$252.7 million), an operating loss of NT$ 5.1 billion (US$161.1 million), and revenues of NT$33 billion (US$1.04 billion), down 49% from the year-ago NT$65.1 billion.