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Electronic Equipment Instruments and Components

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  • *Microsoft to close Nokia unit, 1,100 jobs at risk. HELSINKI, July 16- When U.S. software giant Microsoft bought Nokia's struggling mobile phone business last year, the inhabitants of Salo- a town of 54,000 in southern Finland- thought the move would revive the local economy. But their hopes were crushed last week when Microsoft announced it would close Nokia's...

  • TSMC Q3 outlook dragged down by macroeconomic weakness Thursday, 16 Jul 2015 | 4:58 AM ET

    TAIPEI, July 16- Taiwan Semiconductor Manufacturing Co Ltd, the world's No.1 contract chipmaker, said macroeconomic headwinds will dampen its prospects in the third quarter, even if its main client Apple Inc releases a new iPhone. This is largely due to weak demand in emerging markets, particularly China, for inexpensive smartphones. Pricey new iPhones and...

  • Google unveils buying button in mobile shopping ads Wednesday, 15 Jul 2015 | 1:59 PM ET

    SAN FRANCISCO— Google is introducing a way for shoppers browsing on their smartphones to buy merchandise by tapping on a button included in the ads appearing in its search results. The buying button unveiled Wednesday is part of Google's attempt to make it easier for people to shop on mobile devices and divert online traffic from e-commerce leader Amazon.com...

  • Apple's updates iPod Touch amid declining sales Wednesday, 15 Jul 2015 | 11:00 AM ET

    NEW YORK— Although the iPod's popularity has waned, Apple is updating its music player for the first time in nearly three years by giving the flagship Touch model a faster processor and better cameras. The new iPod Touch also enables Apple Music, a $10- a-month service that offers unlimited playback of millions of songs. Apple Music launched June 30 as music fans...

  • WASHINGTON/ SAN FRANCISCO July 14- A Chinese state-backed company's plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles- questions about the price, worries on Capitol Hill, an aggressive regulator- and any one of them could torpedo the deal. But China's critics on Capitol Hill worried about the impact on the Defense Department.

  • July 14- China's Tsinghua Unigroup Ltd would need to pay as much as $38 billion to buy Micron Technology Inc, analysts said- assuming that the U.S. government approved the purchase of last U.S. maker of dynamic random access memory chips. China has been expressing strong interest in building up its domestic chip industry, and buying Micron would be a major coup.

  • HONG KONG/ BEIJING, July 14- The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. China had 155 smartphone brands selling over 1,000 handsets a month as at end-March, from 110...

  • TORONTO, July 13- BlackBerry Ltd named Carl Wiese as head of global sales on Monday, an appointment that comes at a critical juncture for the smartphone industry pioneer, which needs to spur top-line growth in order for its turnaround efforts to succeed. Wiese has spent the past 12 years at Cisco Systems, first heading advanced technology sales and later its...

  • TOKYO, July 13- Nintendo Co Ltd Chief Executive Satoru Iwata died of cancer on Saturday, months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales. The death of the hands-on CEO and president, announced by Nintendo on Monday, comes at a critical time for the company which is betting that its new...

  • *Iwata dies from growth in bile duct- Nintendo. TOKYO, July 13- Nintendo Co Ltd Chief Executive Satoru Iwata died after a long illness, the company said on Monday, months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales. Iwata resisted the move to smartphones for fear of cannibalising Nintendo's...

  • Taiwan courts tech start-ups to drive economic growth Saturday, 11 Jul 2015 | 9:59 PM ET

    TAIPEI, July 12- Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan's economic growth. In just three years, the start-up, which counts Japan's Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC Corp as a key investor, raised $150 million to develop the smartphone-synched bike, and a charging...

  • TORONTO, July 10- BlackBerry Ltd, which has been coy about its ambitions to make a mainstream Android smartphone, fueled more speculation about its plans this week when it scooped up two Android-related domain names. That spurred more chatter that it intends to build a device powered by Google Inc's Android platform, which powers the vast majority of...

  • July 7- Research firm Gartner Inc said worldwide shipment of devices such as PCs, tablets and smartphones is expected to grow by 1.5 percent to 2.5 billion units this year, slower than the 2.8 percent it forecast earlier. The cut in growth forecast is mainly due to the slowdown in PC purchases in western Europe, Russia and Japan as a stronger dollar pushed up prices,...

  • SAN FRANCISCO, July 6- Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world's second-largest economy. Consumer electronics giant Apple Inc could also be vulnerable- 17 percent of the company's overall revenue last fiscal year came from China, and in the...

  • *Analysts tipped 7.2 trillion won profit for the quarter. SEOUL, July 7- Tech giant Samsung Electronics Co Ltd on Tuesday said April-June earnings will likely miss expectations, deflating hopes for a rapid return to strong growth after supply shortages plagued its latest smartphone launch. Operating profit for the second quarter likely fell 4 percent from a...

  • *CEO lauds 33 pct on-year growth in slowing China market. BEIJING, July 2- China's top smartphone maker Xiaomi Inc on Thursday reported semi-annual sales that for the first time were lower than the previous six months, jeopardising its full-year target and hinting at a slowdown in its mainstay domestic market. "Around 90 percent of Xiaomi's shipments are in China,...

  • Xiaomi's H1 handset sales put full-year target in doubt Wednesday, 1 Jul 2015 | 11:26 PM ET

    BEIJING, July 2- Xiaomi Inc on Thursday said it sold 34.7 million smartphones in the first six months of 2015, casting doubt on the ability of China's most valuable tech startup to achieve its full-year target. Xiaomi's new sales data comes at a moment when industry analysts believe the smartphone market in China- where Xiaomi is No. 1- may be reaching saturation.

  • SAO PAULO, June 30- Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up. Xiaomi's global vice-president, Hugo Barra, said in an interview on Tuesday that Brazil was "stage one of our Latin...

  • SAO PAULO, June 30- Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up. Xiaomi's global vice-president, Hugo Barra, said at a launch event on Tuesday that the entry-level Redmi 2 smartphone...

  • *New-look Sony's clearest statement of intent so far. TOKYO, June 30- Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses. In Sony's first new share issue in 26 years, the firm said on Tuesday it...