NEW YORK— Rumors of an Amazon smartphone reached a fever pitch this week, with The Wall Street Journal reporting that the device could be due out this year. Amazon hasn't confirmed that it has plans for a smartphone, and it isn't clear what such a device might offer in the way of distinctive features.» Read More
*FedEx results miss Wall Street estimates, shares dip. Fed Chairman Ben Bernanke will follow the 2:00 p.m. EST announcement with his final press conference at the helm of the U.S. central bank at 2:30 p.m..
*FedEx posts higher quarterly profit but shares dip. *Lennar shares up after results, JBL slides on outlook. *Fed Chairman Ben Bernanke will follow the 2:00 p.m. announcement with his final press conference at the helm of the U.S. central bank at 2:30 p.m..
Dec 17- Contract electronics maker Jabil Circuit Inc said it would sell its warranty repair business in a deal valued at $725 million, as it focuses on its manufacturing operations. The company, whose customers include Apple Inc and Cisco Systems Inc, also forecast current-quarter results way below Wall Street estimates.
*Avago offers $11.15 per share, a premium of 41 percent. *Avago shares rise 11 percent; LSI soars 39 percent. Dec 16- Avago Technologies Ltd on Monday said it would buy LSI Corp for $6.6 billion in one of the semiconductor industry's largest deals this year as it turns to the fast-growing storage chip market to counter volatility in its main wireless business.
*Avago offers $11.15 per share, a premium of 41 pct. *Avago shares rise 11 pct; LSI shares up 39 pct. Dec 16- Mobile chipmaker Avago Technologies Ltd said it would buy LSI Corp for $6.6 billion as it turns to the fast-growing storage chip market to counter volatility in its main wireless business.
NEW DELHI/ MUMBAI, Dec 13- India's Micromax, which has become the country's No. 2 smartphone brand just five years after selling its first handset- a $30 made-in- China model- is looking to go upmarket and overseas. Among all types of phones, Micromax ranks third in India after Nokia and Samsung Electronics.
AMSTERDAM, Dec 12- Every year Singaporeans and Malaysians choke on smoke when farmers and plantation firms in neighbouring Indonesia clear the land with fires during the dry season. Last summer, Philips diverted stocks of air purifiers from Hong Kong and China to the area in time for the worst pollution in 16 years.
Dec 11- U.S. wireless operators on Wednesday fought back against an accusation from the New York State attorney general that they refused to install software that would act as a "kill switch" to discourage theft of smartphones.
SAN FRANCISCO, Dec 11- Microsoft Corp has sold more than 2 million Xbox One video game consoles since its Nov. 22 launch, catching up with rival Sony Corp's PlayStation 4 released a week earlier. Japan's Sony last week said it took 15 days for PS4 sales to cross 2.1 million. "Being even is a win for Sony," Benchmark Co analyst Mike Hickey said.
NEW YORK Dec 11- Online music-streaming service Spotify on Wednesday launched a free music service for smart phones and tablets as it tries to hook a fast-growing group of users keen to stream tunes on their mobile devices.
SAN FRANCISCO, Dec 11- Microsoft Corp has sold more than 2 million Xbox One video game consoles since its Nov. 22 launch, catching up with rival Sony Corp's PlayStation 4 released a week earlier. Japan's Sony last week said it took 15 days for PS4 sales to cross 2.1 million.
SAN FRANCISCO, Dec 9- Qualcomm Inc said on Monday it will make smartphone chips with 64- bit features typically found in personal computers, following Apple Inc and opening the way to more efficient mobile gadgets.
*Haier Electronics shares up 20 pct at 14- yr high. HONG KONG/ BEIJING, Dec 9- Alibaba Group will invest HK $2.82 billion in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
STOCKHOLM, Dec 4- Fingerprint Cards is aiming to sell its identity technology to most of the world's biggest smartphone makers, which are likely to follow Apple in offering touch recognition for mobiles from next year.
TOKYO, Dec 4- For Japan's electronics firms, the kitchen is the final frontier. Companies from Panasonic Corp to Toshiba Corp are diverting engineers and money away from their TV operations and into developing' smart appliances' after losing out in the living room to cheaper Asian rivals.
*Copper stocks continue to decline on the LME and ShFE. LONDON, Nov 29- Copper ticked higher on Friday, supported by a weaker dollar and falls in stockpiles, but still posted its biggest monthly loss since June on expectations of growing supply and tepid demand going forward.
*Rakuten jumps after being promoted to main board Topix. Nikon Corp, Ricoh Co Ltd and Canon Inc were in demand, up between 0.8 and 3.1 percent after U.S. Nikon is down 23.6 percent year-to-date and is the worst underperformer in the Nikkei this year, while the benchmark has rallied nearly 49 percent.
TOKYO/ OSAKA, Nov 27- Japanese electronic component makers are looking beyond a fickle smartphone market that once lured them with rocketing growth, tying their fortunes more closely to the most resilient of Japan's big industries: automobiles.
NEW YORK, Nov 26- Take-Two Interactive Software Inc on Tuesday said it is buying back all of Carl Icahn's shares in the company, and three directors nominated by the activist investor have resigned. The video game publisher said it will pay the $203.5 million purchase price for the 12.02 million shares it bought from cash and cash equivalents on hand.
*Chinese regulator not saying why Qualcomm being investigated. *Qualcomm would be big gainer through royalties. Nov 26- China's anti-trust investigation into Qualcomm, the world's biggest smartphone chip maker, is likely tied to the impending $16 billion rollout of commercial fourth-generation services by China's big telecoms carriers.