Hardware Consumer Technology


  • Foxconn proposes $5.3B offer for Japan's Sharp: WSJ Thursday, 21 Jan 2016 | 3:02 AM ET

    Foxconn, best known as a top iPhone assembler, has proposed a takeover bid for Japanese electronics maker Sharp, the Wall Street Journal reported.

  • Apple applies to open own-brand stores in India Thursday, 21 Jan 2016 | 1:15 AM ET
    Excited crowd flocked at The Great India Place mall to buy newly launched Apple iPhone 6 and iPhone 6 Plus, on October 17, 2014 in Noida, India

    The move reflects Apple's broader search for new growth markets amid predictions that iPhone sales could fall in 2016, the Financial Times reports.

  • Netflix waffles as US user saturation point looms Wednesday, 20 Jan 2016 | 2:10 PM ET
    Netflix logo is reflected in the eye of a woman

    Shares of Netflix gave up some serious gains Wednesday as the Street digested the downside to growing adoption abroad.

  • Why tech’s ‘Frightful 5’ will dominate digital Wednesday, 20 Jan 2016 | 8:47 AM ET
    Digital five

    These five digital companies will dominate tech life for the foreseeable future, reports the New York Times.

  • MUMBAI, Jan 20- Apple Inc has applied to set up its own stores in India, one of the world's fastest growing smartphone markets, as the iPhone-maker looks to tap new opportunities amid worries of slowing growth in its main markets. Apple sells its iPhones, iPads and Macs in India through third party resellers, and industry analysts estimate that the Cupertino,...

  • BEIJING/ HONG KONG, Jan 15- Smartphone maker Xiaomi Inc said on Friday it had shipped more than 70 million handsets in 2015, undershooting its own target and casting doubts about the growth prospects of China's most valuable tech startup in a cut-throat market. A spokeswoman for the company once pipped as Apple Inc's biggest rival in China declined to say why...

  • GrabTaxi boss: We're staying local, thinking global Thursday, 14 Jan 2016 | 10:16 PM ET

    GrabTaxi founder Anthony Tan reckons being local will give his Singapore-based start-up the edge over behemoth Uber in Asia.

  • The largest U.S. consumer electronics retailer's U.S. comparable sales, excluding the impact of installment billing plans, fell 7.2 percent in the mobile phones and computing products category in the nine weeks ended Jan. 2. Consumer demand across retail remained uneven during the holiday season, Chief Executive Hubert Joly said on a conference call.

  • Jan 14- Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter due to weak demand for mobile devices, scanners and printers in the holiday season. The company's U.S. comparable sales, excluding the impact of installment billing plans, fell 7.2 percent in the mobile phones and computing products category in the nine weeks...

  • *2016 capex likely $9 bln to $10 bln. Demand for high-end smartphones has started the year weak, while in other segments there are already signs of upward demand momentum in emerging markets including China, the world's biggest for smartphones, TSMC said. Last year's total capex of $8.12 billion came as a slump in the global technology sector and slowing economic...

  • TAIPEI, Jan 14- Taiwan Semiconductor Manufacturing Co Ltd on Thursday estimated capital expenditure for this year of $9 billion to $10 billion, at least 10 percent more than the four-year low of 2015.. Last year's total of $8.12 billion came as a slump in the global technology sector and slowing economic growth in China, the world's largest smartphone market,...

  • US Customs seize $35K in counterfeit wearable tech Wednesday, 13 Jan 2016 | 10:24 AM ET

    The U.S. Customs and Border Protection has seized $35,000 worth in counterfeit smart wristbands in Philadelphia, the agency has announced.

  • Netflix CEO Hastings starts $100M fund for education Wednesday, 13 Jan 2016 | 7:34 AM ET
    Reed Hastings, CEO of Netflix.

    The tech billionaire announced he has started a $100 million philanthropic fund for kids' education.

  • Jan 13- Chipmaker Qualcomm Inc and Japan's TDK Corp said they have formed a $3 billion joint venture to supply key components and modules used to communicate wirelessly with devices like smartphones, drones, robots and Internet of things. Qualcomm Global Trading Pte Ltd will hold 51 percent of the new venture RF360 Holdings, while the remaining 49 percent will...

  • Your first trade for Wednesday Tuesday, 12 Jan 2016 | 6:18 PM ET

    The "Fast Money" traders give their final trades of the day.

  • Most notably, BMW has created a 200- strong digital innovation hub in Chicago, hiring software engineers who worked for mobile phone pioneer Nokia, as the German carmaker seeks to get ahead in the area of assistance systems and software applications. "Their task is to develop a premium experience in the digital area and in mobility services," BMW board member Ian...

  • A Sharp Corp. logo is displayed on a door at the entrance to the company's plant in Yaita, Tochigi Prefecture, Japan, on Thursday, Nov. 19, 2015.

    Japanese government-backed fund INCJ has offered to invest $1.7 billion in Sharp, the Nikkei business daily reported.

  • T-Mobile's Legere: Who the EFF are you? Friday, 8 Jan 2016 | 6:00 PM ET
    John Legere, president and CEO of T-Mobile

    T-Mobile CEO tweets a video response to the Electronic Frontier Foundation after being questioned about network neutrality.

  • Fitbit gets hit: Accounts attacked by hackers Friday, 8 Jan 2016 | 5:48 PM ET
    A man checks his heart rate on a FitBit Charge HR wearable activity tracker and monitor.

    An unknown number of Fitbit accounts reportedly have been breached by unidentified people who changed their settings.

  • Jan 8- Shopping from mobile devices jumped 59 percent during the U.S. holiday shopping season, data from analytics firm Comscore Inc showed, as consumers were lured by attractive deals and shipping options. Shoppers spent a total of $12.7 billion through smartphones and tablets beating Comscore's forecast of $11.7 billion, the company said.