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  • China's incredible shrinking factory Thursday, 16 Apr 2015 | 5:00 PM ET

    HUIZHOU, China, April 17- Eight years ago, Pascal Lighting employed about 2,000 workers on a leafy campus in southern China. Cankun, an appliances factory in southern China featured in the documentary Manufactured Landscapes, had more than 22,000 manufacturing employees in 2005, according to its annual report. Some Hong Kong- owned factories in southern China...

  • *Forecast comes after client Qualcomm's chips dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd on Thursday said revenue is likely to fall in the second quarter from the first, due in part to the loss of business at one of its key customers. The forecast comes a week after rival Samsung Electronics Co Ltd said it used its own chips in its...

  • TOKYO, April 16- Japanese stocks edged up on Thursday, as buying in oil and mining shares reversed early losses, offsetting profit-taking in recent gainers such as food stocks, while Sharp Corp surged on restructuring hopes. Rising oil prices lifted oil and mining stocks, with Inpex Corp soaring 5.4 percent and Japan Petroleum Exploration gaining 3.8 percent.

  • *Chips from client Qualcomm dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd reported a 65 percent rise in first-quarter net profit on Thursday, beating analyst estimates, boosted by strong sales of iPhones from main client Apple Inc.. Company-watchers are skittish about the firm's future as competition intensifies to produce...

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are to meet on Thursday to agree on a $1.7 billion rescue and restructuring plan for the loss-making electronics maker, a person involved in the discussions said. An agreement between the Osaka- based company and its main lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, would be Sharp's second big bailout...

  • TOKYO, April 16- Japanese stocks slipped to more than a one-week low on Thursday morning as investors cut back on some recent outperformers including food companies and drugmakers, while Sharp Corp surged on restructuring hopes. Rising oil prices lifted oil and mining stocks, with Inpex Corp soaring 3.6 percent, Japan Petroleum Exploration gaining 2.1...

  • April 15- SanDisk Corp forecast a steeper-than-expected fall in full-year revenue and said it plans to cut jobs to reduce costs, as the data storage products maker struggles to meet demand for its flash-based memory products. Shares of SanDisk, which makes products for cloud computing and datacenters as well as for smartphones and other mobile devices, fell 6...

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. It also started another antitrust investigation into the Android mobile operating system, a key element in Google's strategy to maintain revenues from online advertising as people switch from Web browser searches to smartphone...

  • April 15- Memory chipmaker SanDisk Corp reported a fall in quarterly revenue, its first in two years, hurt by lower pricing, lean inventory and weaker-than-expected sales of storage products used in data centers. SanDisk's adjusted profit also fell short of analysts' average estimate, sending the company's shares down about 1 percent in after market trading.

  • LONDON, April 15- China's Huawei unveiled its flagship P8 and P8 Max smartphones on Wednesday, devices that stack up against the latest models from Samsung and Apple in technical specifications if not marketing budget. Huawei, a major player in the telecoms network equipment market, ranked fourth in global smartphone sales last year, shipping 68 million units,...

  • China's Huawei shows smartphone credentials with P8 launch Wednesday, 15 Apr 2015 | 11:04 AM ET

    LONDON, April 15- China's Huawei unveiled its flagship P8 smartphone on Wednesday, a device that stacks up against the latest models from Samsung and Apple in technical specifications if not marketing budget. Huawei, a major player in the telecoms network equipment market, ranked fourth in global smartphone sales last year, shipping 68 million units, giving it a...

  • SHANGHAI, April 15- Singapore's Flextronics International Ltd is in advanced talks to buy part of the Chinese business of Alcatel-Lucent SA, the French telecoms firm currently being taken over by Nokia Oyj, two people told Reuters. Telecoms equipment makers like Alcatel-Lucent and Finland's Nokia have been grappling with a sector suffering slow growth...

  • HELSINKI— Nokia is to buy ailing French telecom company Alcatel-Lucent for around 15.6 billion euros through a public exchange of shares in France and the United States, in a bid that will see the newly created company become a leading global networks operator. Though Alcatel-Lucent has been racking up billions of euros of losses since its creation in 2006,...

  • Intel's shares rose 3 percent to $32.42 in after market trading. Intel has been lagging behind rivals such as Qualcomm Inc and ARM Holdings Plc- the British company behind the processor in Apple's iPhone 6- in the fast-growing smartphone market. Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million.

  • SANTA MONICA, Calif.— The publisher of "Guitar Hero" is readying a comeback tour. Activision Blizzard Inc. announced plans Tuesday to resurrect the once-popular video game franchise, which involved players rhythmically tapping guitar-shaped controllers along to music. "We said we would bring it back when we've got true innovation," said Jamie Jackson, creative...

  • Nokia in advanced talks to buy Alcatel-Lucent Tuesday, 14 Apr 2015 | 4:19 AM ET

    HELSINKI— Nokia revealed Tuesday it's in advanced talks to buy the ailing French telecoms company Alcatel-Lucent, an apparent bid to become a leading global networks operator. In a brief statement, Nokia Corp. said the two companies are in negotiations "with respect to a potential full combination which would take the form of a public exchange offer by Nokia...

  • *Hedge fund says Qualcomm's chip unit "essentially worthless". *Jana says it has had "constructive dialogue" with Qualcomm. Qualcomm's shares, which up to Friday's close had fallen about 7 percent since the start of the year, jumped more than 5 percent to $72.74 in premarket trading on Monday after the Wall Street Journal reported that Jana was putting pressure on...

  • April 13- Activist investor Jana Partners is asking Qualcomm Inc to consider spinning off its chip unit from its patent-licensing business to boost the chipmaker's sagging stock price, the Wall Street Journal reported, citing a quarterly letter that will be sent to Jana investors on Monday. Jana, one of Qualcomm's largest shareholders, is also calling on the...

  • *Australia, China, UK viewed among likely next moves- experts. Apple Pay has taken the United States by storm since its launch in September, and the company has said it already accounts for around $2 out of every $3 spent using "contactless" payments on the three big U.S. card networks. "Every market will have different local players, different partnerships, different...

  • SEOUL, April 7- Samsung Electronics Co Ltd expects January-March profit to be its highest in three quarters, beating expectations and suggesting that the tech giant is on track for an earnings recovery ahead of the launch of new flagship smartphones. Operating profit likely reached 5.9 trillion won in the first quarter, the South Korean manufacturer said on...