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  • *Insurers drop after gaining early this week. *Takata falls after sources say 400,000 airbag inflators need to be replaced. TOKYO, June 5- Japan's Nikkei share average fell on Friday after U.S. and European shares languished, as investors stayed cautious before the release later in the day of U.S. jobs data that might give a clue to the timing of an increase in U.S....

  • CHICAGO, June 4- Metals company Alcoa Inc said on Thursday it is supplying aerospace-grade aluminum to Samsung Electronics Co Ltd for its Galaxy S6 and S6 edge models, enabling the smartphone maker to produce more durable and sleeker phones. This latest announcement fits New York- based Alcoa's strategy of moving away from costly traditional smelting and...

  • June 2- The global market for "Internet of Things," the concept of connecting household devices to the Internet, will nearly triple to $1.7 trillion by 2020, research firm International Data Corp said. Technology firms including Google Inc, Intel Corp, Cisco Systems, Samsung Electronics and telecoms majors including Vodafone and Verizon are betting heavily on...

  • SEOUL, June 2- Sales of Samsung Electronics Co Ltd's flagship Galaxy S6 smartphones reached 6 million units at the end of April, less than a month after their launch, researcher Counterpoint said on Tuesday, suggesting a positive start. Counterpoint said in a statement that combined sales of S6 and S6 edge from the April 10 launch to April 30 were better than Galaxy...

  • BEIJING, June 2- Lenovo Group Ltd has replaced the head of its smartphone unit, a critical business division that has seen its China sales tumble as Apple Inc and other high-end phone makers win over customers with sleeker product offerings. Yang told reporters last week at Lenovo's Beijing conference that China's smartphone market was really competitive,...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...

  • GameStop profit beats on sales of Mortal Kombat X Friday, 29 May 2015 | 7:09 AM ET
    Pedestrians pass in front of a GameStop store in New York

    GameStop reported better-than-expected profit, helped by sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in downloads.

  • May 28- Avago Technologies Ltd's $37 billion deal to buy chipmaker Broadcom Corp creates new competitive challenges for Qualcomm and may force the world's largest mobile chip maker to radically rethink its own strategy. Qualcomm Inc, which has dominated the market for connectivity chips on smartphones, has been looking to extend its reach into data centers...

  • May 28- GameStop Corp reported better-than-expected quarterly profit and revenue, helped by strong sales of new releases such as "Evolve" and "Mortal Kombat X" as well as an increase in mobile game downloads. GameStop's shares rose 5.3 percent in extended trading after the company also forecast a second-quarter profit largely above analysts' average estimate.

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...

  • UPDATE 1-Avago to buy Broadcom in $37 bln chip deal Thursday, 28 May 2015 | 7:41 AM ET

    May 28- Avago Technologies Ltd said it would buy fellow chipmaker Broadcom Corp in a cash-and-stock deal valued at $37 billion. Avago, a maker of chips for the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion. Broadcom had a market value of $28.85 billion as of Tuesday's close, while...

  • YANGON, May 28- Myanmar scrapped a proposed 5 percent tax on mobile phone top-up cards after lawmakers voted against the levy, the state-owned Global New Light of Myanmar newspaper said on Thursday, as one of the world's once least connected nations fast catches up. Following the reforms, people in Myanmar have been buying smartphones and topping them up en masse.

  • UPDATE 1-German regulator expects "lively" mobile auction Wednesday, 27 May 2015 | 8:34 AM ET

    FRANKFURT/ MAINZ, Germany, May 27- Germany started an auction of radio frequencies for mobile phone network operators, hoping to raise billions of euros to help improve a national broadband network that has fallen behind those of poorer countries such as Hungary, Portugal and Spain. "The auction will point the way for the development of mobile services in Germany,"...

  • Germany opens the bidding for mobile phone airwaves Tuesday, 26 May 2015 | 7:01 PM ET

    FRANKFURT, May 27- Germany starts an auction of radio frequencies for mobile phone network operators on Wednesday, hoping to fill state coffers with billions of euros which it plans to use to help improve the country's fast broadband network. Fifteen years later and the number of network operators competing for the mix of 4 G frequencies has been reduced from...

  • GUIYANG, China May 26- Taiwan's Foxconn Technology, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centers, by 2020, Chairman Terry Gou said on Tuesday. The announcement makes Foxconn the latest tech powerhouse to set its sights on the world's second-most populous nation.

  • SHANGHAI, May 26- Despite being blocked in China, Twitter is courting Chinese companies to buy advertising space on its service used by more than 300 million people elsewhere in the world. The San Francisco- based company already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group, white goods producer Qingdao Haier and flag carrier...

  • GUIYANG, China, May 26- Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, company Chairman Terry Gou said on Tuesday. The company could spend a "few billion dollars" on developing the facilities, said Gou, whose company's listed...

  • May 22- Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. The Waterloo, Ontario- based company last month said it was considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs. Up to Friday's close, the...

  • BlackBerry to buy up to 12 mln shares for cancellation Thursday, 21 May 2015 | 6:15 PM ET

    May 21- Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2 percent in extended trading in the United States. BlackBerry said it would buy the shares, representing about 2.6 percent of its outstanding public float, over the Nasdaq Stock Market or on the Toronto Stock Exchange, subject to approval.

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...