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  • 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...

  • TOKYO, Feb 18- Japan's electronics maker Panasonic Corp said on Thursday it plans to change its company rules to recognize same-sex marriages, joining a growing trend toward acceptance in a country where being openly gay largely remains taboo. The review was prompted by re quests from its employees, global trends, and its status as a sponsor of the Tokyo 2020...

  • 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...

  • *Tumbling commodity prices hit Indonesia hard. CILEGON, Indonesia, Feb 16- At a factory surrounded by towering steel mills on the west side of Indonesia's Java island, German engineering giant Siemens is ramping up production of steam condensers, turbines and other specialist parts to fit out power stations across the world. The plant, a small repair shop 30 years...

  • Feb 12- A printer cartridge reseller infringed the patent rights of Lexmark International Inc when it imported Lexmark's toner products back into the United States after they were first sold abroad, a U.S. appeals court ruled on Friday. Though the case was about laser printer cartridges, the decision by the U.S. Court of Appeals for the Federal Circuit in...

  • TORONTO, Feb 5- BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. The layoffs will affect 75 manufacturing jobs in Sunrise, Florida, a state government website showed.

  • By Makiko Yamazaki and J.R. Wu. OSAKA, Japan/ TAIPEI, Feb 5- Taiwan's Foxconn is aiming to finalise a deal to acquire Sharp Corp by the end of the month, after the two firms reached a consensus on most points at a meeting on Friday, Foxconn Chief Executive Officer Terry Gou said. The Apple Inc supplier has offered to invest around 659 billion yen in Sharp, sources familiar...