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Hardware Computers and Peripherals

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  • June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used,...

  • June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used,...

  • Intel to buy Altera for $16.7 billion Monday, 1 Jun 2015 | 8:34 AM ET

    June 1- Intel Corp agreed to buy Altera Corp for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centers. Intel said it would offer $54 per share in cash, a 10.5 percent premium to Altera's closing price on Friday. Altera, based in San Jose, California,...

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...

  • SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...

  • MUMBAI, May 8- Alibaba Group Holding is in talks with India's Micromax Informatics to buy an about 20 percent stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world's fastest growing markets for the devices, several people with direct knowledge of the matter said. The deal, if completed, would see Alibaba investing as much as...

  • Strategy Analytics declined to say how many handsets Samsung had shipped in China during the quarter, although it expected the South Korean company to return to the top three in the next one or two quarters following the launch of its flagship S6 and S6 edge models in April. It expects Apple to surpass Xiaomi to top the China market later this year on the strength...

  • SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, two sources familiar with the matter said on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market. Microsoft is expected...

  • Microsoft to allow Android apps on Windows phones -sources Wednesday, 29 Apr 2015 | 11:16 AM ET

    SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, according to two sources familiar with the matter on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market.

  • SEOUL, April 29- Samsung Electronics Co Ltd overtook Apple Inc to recapture the title of world's top smartphone maker by volume in the first quarter of 2015, research firm Strategy Analytics said on Wednesday. It said Samsung shipped 83.2 million smartphones worldwide and captured 24 percent market share in the quarter, down from 31 percent a year earlier but...

  • SEOUL, April 29- Tech giant Samsung Electronics Co Ltd on Wednesday said the average selling price of its handsets will likely rise in the second quarter as the firm rolls out its new flagship Galaxy S6 smartphones. Samsung head of investor relations Robert Yi said in a conference call that the average selling price of the firm's handsets during the...

  • April 28- 3 D printer maker Stratasys Ltd estimated revenue and profit below analysts' expectations for the first quarter, citing a strong dollar and decline in capital spending by its customers, particularly in North America. Stratasys said it now expects revenue of $800 million to $860 million. Stratasys estimated adjusted profit of 2- 4 cents per share for the...

  • UPDATE 1-Printer maker Lexmark's revenue slips 3 pct Tuesday, 28 Apr 2015 | 7:57 AM ET

    April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Lexmark's imaging solutions and services business includes monochrome and color laser printers and supplies and services covering its printing products. Up to Monday's close, shares...

  • BEIJING, April 28- Huawei Technologies Co Ltd launched on Tuesday the Honor 4 C smartphone, the latest bid by the Chinese technology firm to gain market share in the highly competitive budget handset segment from domestic rivals such as Xiaomi Inc.. To cut on marketing costs, the Honor 4 C will be sold primarily online through outlets including Alibaba Group...

  • Tata'a investment in Xiaomi comes against the backdrop of an aggressive push by Xiaomi in India after entering the market, which has huge growth potential with just one in 10 people using smartphones, in July 2014. Xiaomi and other Chinese smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a...

  • Xerox revenue dips as printer sales fall Friday, 24 Apr 2015 | 7:00 AM ET

    April 24- Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall in quarterly revenue, hurt by lower printer sales and a stronger dollar. Net income attributable to Xerox fell to $225 million, or 19 cents per share, in the first quarter ended March 31, from $281 million, or 23 cents per share, a year earlier. Revenue fell to $4.47 billion from...

  • FRANKFURT, April 23- Gadget maker Logitech International SA said on Thursday quarterly operating profit fell 34 percent on steep currency declines and shrinking demand for accessories like the computer mouse on which it built its global brand name. Logitech has refocused on new lines like wireless music speakers, videoconferencing and video game...

  • FRANKFURT, April 23- Gadget maker Logitech International SA said on Thursday quarterly operating profit fell 34 percent on steep currency declines and shrinking demand for accessories like the computer mouse on which it built its global brand name. Logitech has refocused on new lines like wireless music speakers, videoconferencing and video game...

  • HONG KONG, April 23- Chinese telecom gear manufacturer ZTE Corp has published a letter accusing Huawei Technologies Co Ltd of copying its camera technology and threatened legal action, a sign that smartphone patent battles have begun in earnest in China. Patent battles among Chinese smartphone manufacturers are expected to rise in the wake of Qualcomm Inc's...

  • April 21- Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to handset makers such as Apple Inc and Samsung Electronics Co Ltd.. Broadcom forecast revenue of $2.10 billion, plus or minus $75 million, for the second quarter ending June 30. Broadcom's net income...