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Hardware Computers and Peripherals

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  • *Bernstein downgrade hits Disney, media stocks tumble. *Report of declining smartphone sales in China hits Apple. Consumer stocks led the decline on Wall Street with Disney down nearly 6 percent after a brokerage downgrade, while Apple slumped near 2 percent after a report that overall smartphone sales in China fell in the second quarter for the first time.

  • Gartner says smartphone sales growth slows Thursday, 20 Aug 2015 | 11:15 AM ET

    NEW YORK— Worldwide sales of smartphones in the second quarter grew at the slowest pace since 2013 as sales in China declined for the first time, according to research firm Gartner Inc.. Smartphone sales in China fell 4 percent year-over-year— the first such decline for the world's most populous country and biggest market for smartphones.

  • Aug 20- Smartphone sales in China, the world's biggest market for the devices, fell in the second quarter for the first time, market research firm Gartner Inc said on Thursday. Sales of smartphones in China declined 4 percent in the quarter, the first year-over-year fall, the company said. "China has reached saturation- its phone market is essentially driven by...

  • Apple gains share in global smartphone market-Gartner Thursday, 20 Aug 2015 | 8:47 AM ET

    Aug 20- Apple Inc increased its market share in the second quarter when global smartphone sales grew at the slowest pace since 2013, according to market research firm Gartner Inc.. The iPhone maker's share of the worldwide smartphone sales market rose to 14.6 percent in the quarter from 12.2 percent a year earlier. Rival Samsung Electronics Co Ltd's share fell...

  • NEW YORK/ SEOUL, Aug 13- Samsung Electronics Co Ltd unveiled a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone on Thursday, marking a fresh bid by the South Korean tech giant to revive momentum in its handset business. Samsung is the world's top smartphone maker but its market share fell in the second quarter when its critically...

  • NEW YORK/ SEOUL, Aug 13- Samsung Electronics Co Ltd unveiled on Thursday a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone, marking a fresh bid by the South Korean tech giant to revive momentum in its handset business. Samsung is the world's top smartphone maker but its market share fell in the second quarter when its critically...

  • BEIJING, Aug 13- China's Lenovo Group Ltd will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will help it become a global smartphone leader. Lenovo, which uses the U.S. dollar in operations rather than the...

  • HP announces post-split boards Wednesday, 12 Aug 2015 | 12:15 PM ET
    A general view of Hewlett-Packard during the 2015 Sundance Film Festival on January 26, 2015 in Park City, Utah.

    Pat Russo and Meg Whitman will chair the boards of Hewlett Packard Enterprise and HP Inc., respectively.

  • FRANKFURT/ HELSINKI, Aug 10- Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

  • IBM, Apple grow cozier with new service: Report Wednesday, 5 Aug 2015 | 12:09 PM ET
    IBM Apple

    IBM has not only made nice with former rival Apple, but also is helping to deploy Apple devices, according to a report.

  • Are humans underrated in a tech-driven world? Tuesday, 4 Aug 2015 | 6:52 AM ET
    Are humans underrated in a tech-driven world?

    Geoff Colvin, Fortune senior editor-at-large, and "Humans are Underrated" author, discusses how humans' unique skill sets may be in danger as computers and robots take over a machine-driven world.

  • SAN FRANCISCO, July 30- Oracle Corp's long-running legal battle with Google Inc over Google's Android operating system for smartphones and other devices probably will not proceed to another trial until the middle of 2016, a U.S. judge said on Thursday. Oracle is seeking royalties for Google's use of some of the Java language, while Google argues it should be...

  • SEOUL, July 30- Samsung Electronics Co Ltd on Thursday offered a downbeat outlook for the second half of the year as smartphone market growth slows and ahead of the expected release of new iPhones from arch rival Apple Inc.. Samsung's dominance is being chipped away at the low-to-mid end by Chinese rivals such as Huawei Technologies Co Ltd and in the premium...

  • SEOUL, July 30- Samsung Electronics Co Ltd said on Thursday its April-June operating profit fell 4 percent from a year earlier, in line with its earnings guidance, hurt by a supply shortage for one of its main smartphone models. Samsung, the world's top smartphone maker, reported a 6.9 trillion won profit for the second quarter, matching a preliminary estimate...

  • MUMBAI, July 23- With only a tiny share of the world's fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded retail network and promotional financing schemes. For years, India has been a low priority for Apple as spending power is weaker than in China, where the company's...

  • *H1 handset revenue up 69 pct globally, 124 pct in China. HONG KONG/ BEIJING, July 22- Huawei Technologies Co Ltd more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd.. "There's that buzz going around Huawei in China right...

  • Shenzhen- based Huawei, which competes with Chinese smartphone makers Lenovo Group Ltd and ZTE Corp, recorded a 69 percent increase in its consumer business group revenue to $9.09 billion thanks to strong sales from high-end smartphone models, the company said in a statement.

  • July 21- Printer maker Lexmark International Inc said it would cut jobs to offset costs resulting from recent acquisitions as part of efforts to focus on software and services. Lexmark and larger rivals such as Hewlett-Packard Co and Xerox Corp are pushing into high-value software and services business as companies reduce printing to cut costs and...

  • July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..

  • HONG KONG/ BEIJING, July 22- Huawei Technologies Co Ltd doubled its China smartphone revenue in the first half of this year, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd.. In contrast to Huawei, overall smartphone shipments in China shrank for the first time in six years in the first...