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By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
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Samsung plans foray into crowded US laptop computer market
AFP - Thursday, October 16
SAN FRANCISCO (AFP) - - South Korean consumer electronics giant Samsung is reportedly planning to break into the packed US laptop computer arena next year.
Samsung executives cited in the Wall Street Journal and other news outlets Tuesday said the company will return to the US laptop market with low-priced "netbooks" as well as thin, powerful models aimed at Apple's elite MacBook Air.
Netbooks referred to no-frills laptop computers that rely on the Internet for most of their programs.
Samsung said it will sell its laptops in a partnership with a yet-to-be-disclosed US retail chain.
Samsung already sells its laptops in other countries, but wants to make inroads into the US market representing 27 percent of the world's laptop computer sales.
Word of Samsung's looking to wrest market share from strong players in the US laptop market came as Apple unveiled a revamped line of Macintosh laptop computers made leaner, slicker, faster and a bit more affordable.
Along with showing off new MacBook models heading for store shelves, Apple cut the price of the original version to 999 dollars.
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