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Asia's professional stock pickers were so busy putting a flood of investor money to work across the region this week that a turnaround in the fortunes of the US dollar barely raised eyebrows.
FIRST Mobile Group Sdn Bhd (FMG), the distributor of Samsung digital cameras and mobile phones, plans to capture 10% of the local digital camera market in the next 12 months from 2% currently.
China's SEG Samsung has won approval to offload a 14.09% stake to a Malaysian unit of South Korea's Samsung Electronics and US firm Corning Inc, the Chinese firm said on Wednesday.
Sharp Corp has posted a 27.2% increase in quarterly group net profit on strong sales of liquid crystal display (LCD) televisions and camera-equipped mobile phones, but kept its full-year forecasts unchanged.
AT the rate Megan Media Holdings Bhd is going on with increasing the output of its data storage products to cope with the global demand, it looks set to hit its target of 20 million recordable discs a month next year.
Samsung Electronics Co Ltd, Asia's most valuable electronics company, reported yesterday a 24% jump in quarterly profit on explosive demand for flat screens and chips for digital cameras.