Panasonic has declared it will pay employees it sends to China a premium to compensate for the dangerous levels of pollution. The FT reports.» Read More
TAOYUAN, Taiwan, Oct 23- Taiwanese smartphone maker HTC Corp has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation.
Oct 22- Corning Inc said it would buy out Samsung Display's stake in their LCD glass joint venture in a deal that could see the Samsung Electronics Co Ltd subsidiary take a 7.4 percent share in the Gorilla Glass maker.
SAN FRANCISCO, Oct 22- A host of U.S. chipmakers gave quarterly revenue forecasts that disappointed Wall Street and hurt their shares on Tuesday, including Broadcom Corp, which said it would lay off over a thousand workers as it struggles with slow demand for its cellphone chips.
Oct 22- Specialty glass maker Corning Inc said it would buy out Samsung Electronics Co Ltd's stake in their LCD panel joint venture in a deal that could result in the South Korean company taking a 7.4 percent share in Corning.
Oct 22- Specialty glass maker Corning Inc said it would buy out Samsung Electronics Co Ltd's stake in their LCD panel joint venture, resulting in the South Korean company taking a 7.4 percent shareholding in Corning. Corning shares rose about 20 percent in extended trading. Samsung owns 43 percent of the joint venture, Samsung Corning Precision.
JOHANNESBURG, Oct 22- Millions of mobile phones are shipped to Africa every month, but a South African company hopes to rival the likes of Samsung and Nokia with home-grown smartphones tailored to African needs.
More broadly, companies are forecast to feel the effect of the less-than-stellar economic growth in the United States, Canada's largest trading partner, as well as slower growth in China, a major consumer of commodities.
*Vimpelcom signs direct sales contract with Apple. MOSCOW, Oct 22- Russian mobile phone operators MTS and Vimpelcom said they would start selling Apple Inc's new iPhone models on Oct. 25, with Vimpelcom the country's only carrier to sign a direct sales contract with the U.S. company so far.
*Lumia 2520 is Nokia's first tablet. ABU DHABI, Oct 22- Nokia has unveiled its first tablet and large-screen smartphones, which will form part of Microsoft's global push to become a leading player in consumer devices when it takes over the Finnish company's handset business.
ABU DHABI, Oct 22- Nokia unveiled its first tablet and two large-screen smartphones, known as phablets, at the annual Nokia World event in Abu Dhabi on Monday.
NEW YORK, Oct 18- Japan's SoftBank Corp said on Friday it had agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.
Oct 17- Shares of Voxeljet AG, a German maker of commercial 3 D printers that created Aston Martin copies for a James Bond film, doubled in their market debut as investors sought shares in an industry out to change the way products are designed and made.
Oct 17- Shares of voxeljet AG, a Germany- based maker of commercial 3 D printers, doubled in their market debut on Friday. Voxeljet raised $72.8 million after selling 5.6 million American Depositary Shares at $13 each, the low end of the pricing range.
Chinese personal computer maker Lenovo Group Ltd has signed a nondisclosure deal to examine the books of troubled Canadian smartphone maker BlackBerry Ltd, the Wall Street Journal reported on Thursday, quoting unnamed sources.
TORONTO, Oct 17- Chinese personal computer maker Lenovo Group Ltd has signed a non-disclosure deal to examine the books of troubled Canadian smartphone maker BlackBerry Ltd, the Wall Street Journal said on Thursday, quoting unnamed sources.
TAIPEI, Oct 17- Taiwan Semiconductor Manufacturing Co Ltd said it expects fourth-quarter revenue to fall as much as 11 percent from the previous quarter as demand for some high-end smartphones softens and device makers use up stocks of chips.
TAIPEI, Oct 17- Taiwan Semiconductor Manufacturing Co Ltd said its third-quarter net profit rose more than 5 percent from a year earlier, beating forecasts, as smartphone makers stocked up on chips for new devices launched during the period. TSMC will stage an investor conference at 0600 GMT on Thursday to give its outlook for the fourth quarter.
TOKYO, Oct 16- Japan's TDK Corp, an electronics parts maker that has struggled to make a profit while several of its peers grew rich in the smartphone boom, has found help rebuilding its fortunes with the rise of China's smartphone makers.
TAIPEI/ BEIJING, Oct 16- Apple Inc has told manufacturers of its new iPhone 5 C that it will cut orders of the smartphone for the final three months of the year, a source familiar with the supply chain situation said.
Chinese search engine Baidu, the world's fifth most visited site according to one set of rankings, has announced it has started to accept the online currency, bitcoin, for its security service.