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  • *SK Hynix says to build 2 new S.Korea plants by 2024. SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The memory chip industry has enjoyed robust profits in recent quarters, in part due to...

  • SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The firm, which competes with rivals including Samsung Electronics Co Ltd, Micron Technology Inc and Toshiba Corp, said the plants would be...

  • Aug 24- Apple Inc's China business experienced "strong growth" in July and August, Chief Executive Tim Cook told CNBC on Monday. The comments, in an emailed response to questions about the iPhone maker's business in China, come amid concerns about the country's economic growth that have sent global stocks reeling. Smartphone sales in China, the world's biggest...

  • Japan's Sharp in talks with Hon Hai on tie-up - Asahi Saturday, 22 Aug 2015 | 3:26 AM ET

    TOKYO, Aug 22- Japanese electronics maker Sharp Corp has entered negotiations with Taiwan's Hon Hai Precision Industry Co for a tie-up over Sharp's struggling display business, the Asahi newspaper reported on Saturday. Chief Executive Kozo Takahashi initially resisted but last month said he was open to major restructuring, including some kind of strategic...

  • TOKYO, Aug 21- Japan's Nikkei fell below the 20,000 mark for a fourth consecutive day to a 3-1/ 2 month closing low on yet more signs of deceleration in the Chinese economy. As Apple lost 2 percent after a Gartner report showed falling smartphone sales in China, share prices for the tech giant's Japan suppliers followed suit. Alps Electric fell 7.1 percent while...

  • TAIPEI, Aug 21- Taiwan stocks fell on Friday, as steep declines on Wall Street and tech shares in particular hit Asian markets. Tech industry bellwether Apple Inc dropped 2 percent overnight Thursday, a worrying signal for its vast Asian supply chain. The Taiwan dollar firmed T $0.035 to T $32.643 per U.S. dollar.

  • NEW YORK, Aug 20- InterDigital Inc has violated U.S. antitrust law by failing to keep its promise to fairly license its technology considered essential to mobile phone communications, Microsoft Corp said in a lawsuit on Thursday. It comes as the U.S. International Trade Commission is set to rule this month on whether Microsoft smartphones should be banned from...

  • TOKYO, Aug 21- Most Japanese firms oppose Prime Minister Shinzo Abe's efforts to push through legislation next month that will expand the country's military reach, saying the campaign does not have the support of the people and the economy should take priority, a Reuters survey shows. The monthly Reuters Corporate Survey showed 62 percent of companies oppose...

  • *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.

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • 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...

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • LONDON, Aug 19- Copper held steady on Wednesday as the dollar fell and Chinese stock markets staged a late recovery, though persistent concerns over Chinese demand kept prices near six-year lows. However, persistent worries over Chinese growth sent global equities and oil lower on Wednesday, while metals investors remain unnerved by stuttering factory...

  • *Barclays sees rising risk copper prices could fall. MELBOURNE, Aug 19- London copper revived on Wednesday, but did not stray far from the $5,000 mark and near six-year lows struck in the previous session, as China's sharemarket stabilised, which soothed China bears fearing a worsening financial rout. Three-month copper on the London Metal Exchange had edged up...

  • GameStop profit beats on sales of Mortal Kombat X Friday, 29 May 2015 | 7:09 AM ET
    Pedestrians pass in front of a GameStop store in New York

    GameStop reported better-than-expected profit, helped by sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in downloads.

  • How to extend the life cycle of your IT hardware Thursday, 7 May 2015 | 6:46 PM ET
    How to extend the life cycle of your IT hardware

    Mike Sheldon, president and CEO of Curvature, speaks to CNBC about the business of buying, refurbishing and reselling high-end IT equipment.

  • 'Grand Theft Auto' publisher ups full-year forecast Wednesday, 4 Feb 2015 | 11:01 AM ET
    A window display advertises Grand Theft Auto IV April 28, 2008 in New York City.

    Take-Two said it now expects adjusted revenue of $1.65 billion to $1.70 billion, up from its previous forecast of $1.4 billion to $1.5 billion.

  • Panasonic withdraws from TV production in China: Source Saturday, 31 Jan 2015 | 1:34 AM ET

    Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.

  • Xerox's profit beats Street on lower costs Friday, 30 Jan 2015 | 10:34 AM ET
    Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.