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  • 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,...

  • SEOUL, Jan 14- Qualcomm Inc said on Thursday Samsung Electronics Co Ltd will become the sole manufacturer of its new flagship mobile chip, a major boost for the South Korean tech giant as it vies for deals with bigger rival TSMC. The deal, which some analysts estimate is worth over $1 billion, comes as Samsung, a major Apple Inc supplier, is heading into another profit...

  • 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...

  • 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...

  • TOKYO, Jan 12- A $3 billion restructuring plan for Japanese electronics firm Sharp Corp is likely to be finalized as early as this week, a person with direct knowledge of the discussions said on Tuesday. State-backed fund Innovation Network Corporation of Japan is leading the bailout, which would be Sharp's third major package in three years, and would invest...

  • 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.

  • SEOUL, Jan 8- Tech giant Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely rose 15 percent from a year earlier, missing expectations and fueling concerns the tech industry may be in for a tough year of slack gadget sales. Slowing economic growth in China and weaker emerging market currencies are undercutting sales of...

  • SEOUL, Jan 8- Tech giant Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely rose 15 percent from a year earlier, missing expectations and fuelling concerns it may be in for another tough year due to slack gadget sales. Samsung said in a regulatory filing its October-December operating profit would likely be 6.1 trillion won,...

  • SEOUL, Jan 8- Tech giant Samsung Electronics Co Ltd on Friday said its fourth-quarter operating profit was likely 6.1 trillion won, up 15 percent from a year earlier but falling short of expectations. The October-December profit guided by Samsung in a regulatory filing compared with a 6.6 trillion won Thomson Reuters SmartEstimate derived from a survey of 30...

  • *Ceva up against car safety leaders such as Mobileye, NXP. TEL AVIV, Jan 6- Israeli chip designer Ceva Inc has set its sights on the rapidly growing market for automotive safety technology as it seeks to diversify beyond processors used in mobile phones. Ceva already licenses its designs to chipmakers such as Intel and Samsung, who embed its digital signal...

  • *Huawei 1st China firm to ship over 100 mln smartphones in a yr. HONG KONG, Jan 6- Huawei Technologies Co became the first Chinese handset vendor to ship more than 100 million smartphones in a year when its 2015 shipments defied a market slowdown and jumped 44 percent, thanks to strong sales domestically and in Western Europe. Huawei's upbeat performance comes at a...

  • UPDATE 1-Huawei smartphone shipments soar 44 pct in 2015 Wednesday, 6 Jan 2016 | 12:06 AM ET

    *Strong sales in China and Western Europe. HONG KONG, Jan 6- Huawei Technologies Co has become the first Chinese handset vendor to ship more than 100 million smartphones annually, defying a market slowdown to challenge leaders such as Samsung Electronics Co and Apple Inc.. The Shenzhen- based company said on Wednesday its smartphone shipments rose 44 percent...

  • *Firm expected to guide for $5.5 bln in Q4 operating profit. SEOUL, Jan 6- Tech giant Samsung Electronics Co Ltd may be due for another profit drop in 2016, as slowing demand for consumer electronics saps momentum for the less-glamourous components businesses that offset last year's smartphone struggles. But slower growth in China and the persistent weakness...

  • Shares of Apple suppliers Skyworks Solutions, Qorvo Inc and Cirrus Logic, among others, also fell following the report. Other companies affected include Sony Corp, which makes image sensors used in iPhones, and electronic parts makers TDK Corp, Alps Electric Co Ltd and Kyocera Corp, the paper reported. LCD panel manufacturers Japan Display Inc, Sharp Corp and LG...

  • Jan 6- Apple Inc is expected to cut production of its latest iPhone models by about 30 percent in the January-March quarter, compared with its original plans, the Nikkei reported. Production is expected to return to normal in the April-June quarter, but Apple's parts makers likely to be affected will include liquid crystal display panel manufacturers Japan...

  • LAS VEGAS, Jan 3- Toyota Motor Corp and Ford Motor Co said on Monday they will adopt the same software to link smartphone apps to vehicle dashboard screens and invited other automakers to join them to counter Apple Inc and Google's push to control cars of the future. Adopting a connectivity standard not linked to Apple or Google may help automakers in China, the...

  • SEOUL, Jan 4- South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones. "Negative impact from weak demand and falling sales prices for semiconductor and liquid crystal display...

  • SEOUL, Dec 30- South Korea's LG Display Co Ltd and the panel-making unit of Samsung Electronics Co Ltd will supply organic light emitting diode screens for Apple Inc's iPhones, the Electronic Times reported on Wednesday citing unnamed sources. LG Display and Samsung Display declined to comment, while Apple could not be immediately reached for comment.