Reuters: Global Markets: Samsung Electronics shares hit three-week high ahead of iPhone 5 unveiling

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Samsung Electronics shares hit three-week high ahead of iPhone 5 unveiling Sep 12th 2012, 05:41 SEOUL | Wed Sep 12, 2012 1:41am EDT SEOUL (Reuters) - Shares in Samsung Electronics (005930.KS) rose more than 3 percent to their highest intraday levels in more than three weeks on Wednesday, shrugging off rival Apple Inc's (AAPL.O) planned unveiling of its newest iPhone. Apple will try to close that gap on Wednesday with the unveiling of the new iPhone 5, but it remains to be seen if Chief Executive Tim Cook will show off any technological breakthroughs that can put the iPhone 5 head and shoulders above the competition. "The iPhone 5 may fail to live up to expectations, and lack innovations," Kim Hyoung-sik, an analyst at Taurus Investment & Securities.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions