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  • Excluding items, Visteon earned $1.18 per share, widely beating the $0.79 per share estimate of analysts polled by Thomson Reuters I/B/E/S. Visteon, which specializes in electronic products such as audio, information and entertainment systems for new vehicles, said its sales grew to $809 million in the fourth quarter ended Dec. 31, from $788 million a year...

  • TAIPEI/ TOKYO, Feb 25- Taiwan's Foxconn has put its takeover of Japanese electronics maker Sharp Corp on hold after becoming aware of previously undisclosed liabilities, two people with direct knowledge of the matter told Reuters on Thursday. Loss-making Sharp said earlier in the day that it had agreed to be bought by Foxconn, a contract manufacturing firm, in...

  • *Indonesia smelter to close amid forecast for global deficit. *Possible hidden producer stocks in Indonesia, China. LONDON/ MELBOURNE, Feb 25- Tin is defying the downdraft sweeping commodity markets, with prices for the metal used to solder electronics surging this year thanks to reduced production in major exporter Indonesia.

  • TOKYO, Feb 25- Taiwan's Foxconn will acquire two-thirds of ailing electronics maker Sharp, marking the largest acquisition of a Japanese tech firm by a foreign company and bolstering its position as Apple Inc's biggest supplier. Sharp said it would issue around $4.4 billion worth of new shares to Foxconn, known formally as Hon Hai Precision Industry Co....

  • TOKYO, Feb 25- Japanese stocks rose in choppy trade on Thursday after the yen resumed its weakening trend against the U.S. dollar, lifting exporters' share prices and broader market sentiment. Japan's benchmark index rose on an overnight bounce in oil prices during its morning session, then added to those gains in the afternoon as the yen moved away from its recent...

  • *Foxconn has offered to invest over $5.8 bln in Sharp- source. TOKYO, Feb 25- Sharp Corp has agreed to a takeover by Taiwan's Foxconn, sources familiar with the matter said, the largest acquisition of a Japanese tech firm by a foreign company and one that will bolster Foxconn's position as Apple Inc's biggest supplier. "Sharp has the technology to build out the...

  • TOKYO, Feb 25- Japanese stocks rose in thin, choppy trading on Thursday morning as sentiment improved following a bounce in oil prices that helped Wall Street to rally as fears of banks' exposure to energy companies struggling to pay debt receded. "As we move into the 10th day of largely directionless trading many market participants are waiting on a catalyst," said...

  • *Foxconn has offered to invest $5.9 bln in Sharp- sources. TOKYO, Feb 25- Japan's Sharp Corp on Thursday agreed to a takeover by Taiwan's Foxconn, a source familiar with the matter said, in what would be the largest acquisition by a foreign company in Japan's insular technology sector. The Taiwanese firm, known formally as Hon Hai Precision Industry Co, has offered to...

  • TOKYO, Feb 25- Japan's Sharp Corp on Thursday agreed to a takeover by Taiwan's Foxconn, the Nikkei business daily reported, in what would be the largest acquisition by a foreign company in Japan's insular technology sector. A Sharp spokesman declined to comment on the report. The Taiwanese firm, known formally as Hon Hai Precision Industry Co, has offered to invest...

  • BARCELONA, Feb 24- China's Xiaomi unveiled its flagship Mi 5 smartphone on Wednesday, combining the latest components and an innovative ceramic design with a price at just over $400 that significantly undercuts rivals. Vice President Hugo Barra said the Mi 5 had been built around Qualcomm's Snapdragon 820, the same processor that powers Samsung's Galaxy S7...

  • BENGALURU, Feb 24- Foreign venture funds are stepping up investments in Indian mobile application makers, betting a surge in smartphone sales in the country will drive demand for home-grown apps, mirroring the trend in world's biggest mobile phone market China. The firm said it would make 20 to 30 early-stage investments in India every year.

  • BARCELONA/ TORONTO, Feb 24- BlackBerry said on Wednesday that it has acquired U.K.- based cyber security consultancy Encription, moving the company deeper into the services business as it continues to morph into a more software-focused entity amid its ongoing turnaround. The smartphone industry pioneer, which is pivoting to focus more on security software and...

  • TOKYO, Feb 24- The board of Japan's Sharp Corp began a two-day meeting on Wednesday to decide if it should accept a $5.9 billion takeover bid from Taiwan's Foxconn over an offer from a state-backed fund, a source with direct knowledge of the matter said. A deal with Foxconn, formally known as Hon Hai Precision Industry Co, would pave the way for the largest...

  • BARCELONA, Feb 23- China's Lenovo Group is ready to break into mature markets this summer with the launch of its new smartphone which sports' augmented reality' features developed under Google's Tango project, its chief executive said on Tuesday. The device, which was announced at the 2016 CES consumer electronics show in Las Vegas in January, will launch in July,...

  • *Samsung, LG seek to recover from disappointing 2015. BARCELONA, Feb 22- Smartphone rivals Samsung Electronics Co Ltd and LG Electronics Inc unveiled their latest flagship devices on Sunday, seeking to revive sales momentum and buck slowing industry growth. In a bid to recapture market share, Samsung launched two new versions of its Galaxy S smartphones and...

  • BARCELONA/ SEOUL, Feb 21- Tech giant Samsung Electronics Co Ltd unveiled the latest versions of its flagship Galaxy S series on Sunday, but the incremental upgrades they offer may not be enough to rejuvenate sales for the world's No.1 smartphone maker. Samsung once again launched two versions of its new premium phone: the 5.1- inch flat screen Galaxy S7 and the...

  • TOKYO, Feb 17- A Japanese state fund is making a final effort to secure a takeover of Sharp Corp as the ailing electronics maker considers a higher $5.8 billion offer from Taiwan's Foxconn, criticizing the composition of the company's board, sources said. Innovation Network Corporation of Japan officials are taking issue with two of Sharp's board members who...

  • LONDON, Feb 19- Phone buyers looking for innovation at next week's big industry show in Barcelona will need to look beyond the handsets themselves to additional gadgets like 360- degree cameras which can be hooked up to their computing power, as manufacturers struggle to differentiate their core products. And yet the annual Mobile World Congress industry...

  • HONG KONG, Feb 19- China's most valuable start-up Xiaomi Inc is aiming to use smartphone processor chips designed in-house in some of its lower-priced handsets in the second half of this year, a source with direct knowledge of the matter told Reuters on Friday. The move would mark the first time that Xiaomi has used chips designed in-house, something analysts...

  • MUMBAI, Feb 18- Indian phone maker Ringing Bells launched a $4 smartphone on Thursday, with huge customer demand promptly crashing the little-known company's website hours after the phone went on sale. Company president Ashok Kumar Chadha said the Android smartphone would have pre-installed apps that tie into Modi initiatives such as' Make in India' and' Clean...