*FTSE 100 down 1.4 pct. Britain's FTSE 100 closed 1.4 percent lower at 6,895.33 points, bringing the drop since a record high hit on Tuesday to 2.4 percent. Analysts at Citigroup on Thursday cut their forecasts for the smartphone sector and target prices on stocks highly exposed to China, the world's largest phone market, including Britain's ARM, which designs...» Read More
MUMBAI, March 25- India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, the country's telecoms minister said on Wednesday. Ravi Shankar Prasad said the government received bids worth almost 1.10 trillion rupees, topping the 1.06 trillion rupees it raised in 2010. The...
BRUSSELS, March 24- The European Commission said on Tuesday its officers had raided several companies involved in selling consumer electronics online, concerned that firms may have worked together to distort prices. "The European Commission can confirm that on 10 March 2015, Commission officials initiated unannounced inspections in several member states...
Bert Dohmen, president and founder at Dohmen Capital Research Group, says the iPhone 6 was a "catchup move" and new products such as the Apple Watch are "unimpressive."
*Vestel says facing surge in mobile phone imports to Turkey. GENEVA, March 23- The European Union and Taiwan have said a bid by Turkish appliance manufacturer Vestel to get Ankara to impose emergency import tariffs on mobile phones would probably be illegal if it is approved, according to documents published on Monday. Turkey notified the World Trade...
*Chairwoman Cher Wang to double as CEO. TAIPEI, March 20- HTC Corp on Friday named Cher Wang as chief executive, giving its founder and chairwoman a bigger role in leading a potential turnaround of the Taiwanese smartphone maker. She replaces Peter Chou, who will lead product development as head of the HTC Future Development Lab, an executive role focusing on...
Ajay Sunder, senior director at Frost and Sullivan, says sales of the PlayStation 4 in China may get a boost from the console's global success, but warns of risks from the limited game selection.
Atul Goyal, senior analyst at Jefferies, explains why Chinese consumers will like Sony's PlayStation 4 videogame consoles despite limited digital availability.
Walt Mossberg, co-executive editor of Re/code, says the sale of PlayStation 4 videogame consoles is an opportunity for Sony.
Hopes that the new Galaxy S6 devices can fuel an earnings recovery have boosted the shares of Kospi-listed Samsung Electronics. SBS CNBC's June Yoon has more.
Thailand's economy is at risk as electronics manufacturers ditch the country's outdated facilities for cheaper alternatives in neighboring countries.
NEW YORK— Cracked your screen or dropped your phone in the toilet? The offer expands on HTC Corp.' s current pledge to replace cracked screens for the first six months. Despite good reviews, HTC wasn't on IDC's or Gartner's lists of top five smartphone makers in 2014..
Apple is reportedly in talks with programmers to offer an online TV service—a service that could help sell more devices.
DeNA has launched a “business and capital alliance” with gaming giant Nintendo; meaning that Luigi and Mario could be on your phone quite soon.
TOKYO— After years of scoffing at the threat from smartphones, Nintendo Co. is doing an about face and entering an alliance with Japanese mobile game company DeNA Co. to develop games for mobile devices. Such characters have been fiercely protected by Nintendo, appearing only on Nintendo platforms such as the Wii home console and 3 DS mobile machines.
*Nintendo has lost users to smartphone apps, console rivals. TOKYO, March 17- Japan video game maker Nintendo Co Ltd and online gaming firm DeNA are teaming up to develop smartphone games featuring the likes of Super Mario, in a bid to retain users increasingly shunning their console and browser-based games. As a result, Nintendo will acquire a 10 percent stake in...
NEW DELHI/ MUMBAI, March 12- Chinese smartphone maker Xiaomi Inc said on Thursday it would invest further and begin local production within 12 to 18 months in India, one of the world's fastest-growing markets and currently dominated by Samsung Electronics and local firms like Micromax. "We want to invest deeply in this market, we want to have a significant amount...
Melissa Chau, senior research manager at IDC, says the Apple Watch has the potential to disrupt the crowded wearable space as it is the first "real mass market play."
Gaurav Sodhi, resources analyst at Intelligent Investor, explains why Apple's target to sell one million super-high-end 18-karat gold Apple Watches a month isn't reasonable.
The Apple Watch's impact on Asia's supply chain may be limited, but it will benefit a handful of suppliers like Taiwan's Quanta, says Steven Pelayo, regional head of technology research, Asia-Pacific at HSBC.
John Petrides, managing director & portfolio manager at Point View Wealth Management and Scott Nations, chief investment officer & president at NationsShares, debate the outlook of Apple's shares.