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  • SEOUL, March 30- Early indications of stronger-than-expected sales of new Galaxy S7 smartphones suggest technology giant Samsung Electronics Co Ltd is emerging from a two-year decline at its flagship mobile business. Squeezed by Apple Inc in premium products and undercut by Chinese rivals like Huawei in cheaper devices, Samsung's smartphone profits and...

  • Metro says it aims to split in two, separating its food and wholesale activities from its consumer electronics business.

  • TAIPEI, March 30- Taiwan's Foxconn posted its first fall in quarterly net profit in more than two years on Wednesday as the main assembler of Apple Inc's iPhones felt the effects of a maturing smartphone market and slower global tech demand. Foxconn's 6.7 percent fall in fourth-quarter net profit came as it announced a takeover of ailing Japanese electronics...

  • *Germany's Metro surges on demerger plans. LONDON, March 30- European shares rose on Wednesday after Federal Reserve Chair Janet Yellen called for caution in raising U.S. interest rates, boosting equities, while German retailer Metro surged on demerger plans. Hampstead Capital hedge fund manager Lex Van Dam said Yellen's comments highlighted how measures...

  • LONDON, March 30- European shares rose on Wednesday as Federal Reserve Chair Janet Yellen called for caution on raising interest rates, boosting equities, while German retailer Metro surged on demerger plans. The pan-European FTSEurofirst 300 index advanced 1 percent. Britain's FTSE 100 rose 1.2 percent, Germany's DAX gained 0.7 percent while the euro zone's...

  • *Sun Corp soars after report FBI enlisted help of its subsidiary. TOKYO, March 30- Japan's Nikkei share average edged down on Wednesday morning as the dollar dropped against the yen after U.S. Federal Reserve Chair Janet Yellen called for caution on raising interest rates.

  • Facebook Chief Executive Mark Zuckerberg has said that he saw virtual reality as the next major computing platform. "The headset you can buy today is not Oculus's most ambitious vision for virtual reality- but it's a vision that Oculus has successfully delivered on," Adi Robertson of technology website the Verge said in a review on Monday. Oculus said there were...

  • SEOUL, March 24- Samsung Electronics Co Ltd, the world's biggest maker of smartphones and memory chips, announced on Thursday that it plans to adopt a corporate culture akin to a startup, seeking to become more nimble as growth slows. The flagship firm of South Korea's dominant conglomerate will also reduce the number of levels in its staff hierarchy and hold more...

  • March 23- Japanese electronics maker Panasonic Corp will scrap its 10 trillion yen group sales target for fiscal year ending March 2019 due to a cooling global business environment, the Nikkei reported. The consumer products segment- which includes the automotive, residential and white goods divisions- has been set a target of 6 trillion yen in annual sales,...

  • WASHINGTON, March 23- The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday. The department on March 8 imposed some of the toughest-ever U.S. export restrictions on ZTE for allegedly breaking U.S....

  • HONG KONG, March 23- Chinese telecom equipment and smartphone maker ZTE Corp said on Wednesday a temporary export license from the United States could be extended if the company meets promises made to the U.S. government for allegedly breaking U.S. sanctions against Iran. Export restrictions on ZTE by the United States will not be enforced before June 30 this...

  • WASHINGTON, March 22- The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp a brief three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday. The department on March 8 imposed some of the toughest-ever U.S. export restrictions on ZTE for allegedly breaking U.S....

  • WASHINGTON, March 22- The U.S. government is granting Chinese telecom equipment and smartphone maker ZTE Corp a temporary export license through June 30, according to a U.S. Commerce Department notice made public on Tuesday.

  • FRANKFURT, March 22- Nearly a decade after the iPhone broke the mould for mobile phones the question is now being asked whether the evolution of the smartphone has finally come to an end as even Apple now treats older, smaller 4- inch screens as something new. "Everything in the phone industry now is incremental: slightly faster, slightly bigger, slightly more...

  • FRANKFURT, March 22- Nearly a decade after the iPhone broke the mould for mobile phones the question is now being asked whether the evolution of the smartphone has finally come to an end as even Apple now treats older, smaller 4- inch screens as something new. "Everything in the phone industry now is incremental: slightly faster, slightly bigger, slightly more...

  • *New iPhone SE seen helping Apple broaden market segment. CUPERTINO, Calif/ MUMBAI, March 22- Apple Inc is betting a new 4- inch iPhone will spur smartphone users in key markets such as China and India to ditch their larger-screens in favour of the diminutive, yet feature-rich and lower-priced iPhone SE. This will make the market more competitive at that price point...

  • CUPERTINO, Calif., March 21- Apple Inc on Monday unveiled a smaller, cheaper iPhone aimed at new buyers, especially in emerging markets and China, the world's biggest buyer of smartphones, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone SE, has a 4- inch screen and starts at $399.

  • CUPERTINO, Calif., March 21- Apple Inc on Monday unveiled a smaller, cheaper iPhone aimed at new buyers, especially in emerging markets and possibly China, the world's biggest buyer of smartphones, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone SE, has a 4- inch screen and starts...

  • CUPERTINO, Calif., March 21- Apple Inc is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it looks to reverse a decline in worldwide sales of its most important product. It might give the world's best-known technology company a boost in the fast-growing Indian, Middle...

  • March 21- The U.S. Department of Commerce is expected this week to lift export curbs it imposed on Chinese telecom equipment and smartphone maker ZTE Corp for alleged Iran sanctions violations. The Commerce Department restrictions imposed earlier this month made it difficult for ZTE to acquire U.S. components by requiring its suppliers to apply for an export...