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  • 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...

  • MOUNTAIN VIEW, Calif.— Google is introducing a low-priced smartphone in six African countries where most people still can't afford an Internet-connected device. It will be sold in stores in Nigeria and offered by online retailer Jumia in five other countries: Egypt, Ghana, Ivory Coast, Kenya, and Morocco. Infinix worked with Google on the Hot 2 as part of a program...

  • PAJU, South Korea— South Korea's LG Display said Monday that it will change its investment priority to advanced displays called OLEDs as Chinese manufacturers quickly catch up with their South Korean rivals in the LCD market. LG Display Co., a supplier to Apple Inc., said that over the next three years it plans to spend 10 trillion won on future displays including...

  • 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...

  • Israel's Elbit Systems Q2 profit, revenue rise Tuesday, 11 Aug 2015 | 3:10 AM ET

    JERUSALEM, Aug 11- Israeli defense electronics firm Elbit Systems reported slightly higher quarterly profit, boosted by higher sales and a growing order backlog. Elbit, Israel's largest publicly traded defense firm, said on Tuesday it earned $1.25 per diluted share excluding one-time items in the second quarter, up from $1.23 a share a year earlier.

  • Taiwan stocks rise; TSMC jumps on strong July sales Monday, 10 Aug 2015 | 9:34 PM ET

    TAIPEI, Aug 11- Taiwan stocks rose 1.3 percent on Tuesday as investor sentiment was bolstered by gains on Wall Street, with TSMC leading tech heavyweights higher after the world's top contract chip maker posted solid July sales results. Taiwan Semiconductor Manufacturing Co jumped 3 percent, lifting the electronics subindex by 2 percent.

  • BEIJING, Aug 10- Alibaba Group Holding Ltd will invest $4.6 billion in top-tier Chinese electronics retailer Suning Commerce Group Co Ltd, its biggest step yet into China's burgeoning alliances between online and offline firms. Alibaba is paying 28.3 billion yuan for a 19.99 percent stake in Suning, which will in turn invest 14 billion yuan to acquire 1.1...

  • 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.

  • LAS VEGAS, Aug 6- Google Inc and Samsung Electronics Co will release monthly security fixes for Android phones, a growing target for hackers, after the disclosure of a bug designed to attack the world's most popular mobile operating system. The change came after security researcher Joshua Drake unveiled what he called Stagefright, hacking software that allows...

  • JOHANNESBURG, Aug 5- Africa's top mobile phone operator, MTN Group, gave a downbeat outlook for Nigeria, its biggest market, on Wednesday after losing high-end users to Gulf rival Etisalat. South Africa- based MTN, which reported a 10 percent decline in first-half earnings, is fighting to maintain its lead in Nigeria ahead of competitors such as Etisalat and...

  • FRANKFURT/ PARIS, Aug 4- Apple Inc, the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products. Business Insider had on Monday reported that the iPhone maker was testing a so-called mobile virtual network...

  • FRANKFURT/ PARIS, Aug 4- Apple Inc, the world's most profitable mobile phone maker, has denied a report that it is working on a plan to market communications services directly to consumers that would bypass telecom operators on which it now relies to deliver services. Since it first launched the iPhone in 2007, carriers ranging from AT&T Inc and Deutsche Telekom...

  • SEOUL, Aug 4- For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more sombre for the South Korean tech giant, as it is forced to slash prices and accept lower margins at its mobile division in order to see off...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. Fears of a full-blown market crash have added a new sense of urgency for policymakers in Beijing, with many...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting by the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. Fears of a full-blown market crash have added a new sense of urgency for policymakers in Beijing, with many...