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Consumer Electronics

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  • 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,...

  • Xiaomi launches online store to court the West   Monday, 1 Jun 2015 | 9:37 PM ET
    Xiaomi launches online store to court the West

    Amid a maturing Chinese market, Xiaomi is trying to rely on direct online sales to venture overseas, says Melissa Chau, senior research manager, Client Devices at IDC.

  • 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...

  • 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.

  • Key takeaways from Sony's Investor Relations Day   Wednesday, 27 May 2015 | 7:44 PM ET
    Key takeaways from Sony's Investor Relations Day

    Bob O'Donnell, founder & chief analyst at Technalysis Research, says Sony continues on its tough restructuring plans and explains why the increasing focus on its component business is interesting.

  • GM to offer Android, Apple systems in many 2016 models Wednesday, 27 May 2015 | 3:04 PM ET

    General Motors made the biggest move so far Wednesday, announcing that both systems will be available in seven 2016 Chevrolet models starting in the summer. Earlier in the week, Hyundai announced the Android system in the Sonata midsize car. People are familiar with smartphones and have music libraries, podcasts, social media contacts and other personal items...

  • 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,"...

  • Is a price cut in store for Sony's PS4?   Wednesday, 27 May 2015 | 12:32 AM ET
    Is a price cut in store for Sony's PS4?

    Amir Anvarzadeh, director of Japan Equity Sales at BGC Securities, says price discounts could help to maintain the PlayStation 4's sales momentum.

  • 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...

  • 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...

  • Samsung Galaxy S6 Edge gets a superhero makeover Tuesday, 26 May 2015 | 2:18 AM ET

    Samsung launched a limited Iron Man edition of its Galaxy S6 Edge on Tuesday, in the company's latest push to promote its curved screen smartphone.

  • What CES Asia will be focusing on   Sunday, 24 May 2015 | 7:33 PM ET
    What CES Asia will be focusing on

    Chua Soon Ghee, managing director for Southeast Asia at A.T. Kearney, outlines the trends that attracted the Consumer Electronics Association to launch its inaugural event in Asia.

  • CES comes to Asia: What to expect   Sunday, 24 May 2015 | 6:31 PM ET
    CES comes to Asia: What to expect

    Gary Shapiro, president and CEO of the Consumer Electronics Association (CES), discusses the show's inaugural Asian event in Shanghai, China.

  • TORONTO— BlackBerry says it is laying off an unspecified number of employees globally as it makes changes to the operations responsible for making its smartphones. The Waterloo, Ontario- based company said in a statement Saturday that the job cuts will affect people who make the hardware, software and applications for its phones, including devices such as the...

  • 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.

  • And that means pretty soon you'll have your very own mini Times Square at the bar, right on the bottle. "Everyone likes to see their name in lights," says Brandon Laidlaw, president and chief operating officer of Pleasanton, California- based Medea vodka, which recently introduced a liquor bottle equipped with an LED message band that can be programmed to scroll any...

  • 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...

  • This expert is 'cautiously optimistic' on Lenovo   Wednesday, 20 May 2015 | 11:24 PM ET
    This expert is 'cautiously optimistic' on Lenovo

    Patrick Moorhead, president & principal analyst at Moor Insights & Strategy, discusses the outlook for Lenovo.

  • Lenovo reports FY results: What to expect   Wednesday, 20 May 2015 | 9:33 PM ET
    Lenovo reports FY results: What to expect

    Jean-Louis Lafayeedney, director at Societe General Haitong, explains why he expects the world's number 1 PC company to outperform with its full-year financial results due Thursday.