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  • *Court banned Xiaomi selling in India on Dec. 10. *Xiaomi was fastest growing vendor in India. MUMBAI/ BEIJING, Dec 14- The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the world's fastest growing major smartphone market and could be just the start of a string of patent challenges.

  • ADDIS ABABA, Dec 11- Swedish telecom group Ericsson is set to sign a contract with Ethiopia to expand telecom infrastructure, taking a slice of an $800 million contract from Chinese firm ZTE Corp because of a row over terms, a senior official told Reuters on Thursday. ZTE Corp's deal with state-run operator Ethio Telecom was signed in 2013. The other half of the...

  • MUMBAI, Dec 11- An Indian court has ordered Xiaomi Technology Co Ltd to temporarily stop selling its smartphones in India in a case related to patent infringements that telecom equipment maker Ericsson had filed against the Chinese company. Xiaomi, whose low-priced but feature-rich smartphones have made it the biggest smartphone vendor in China, sells its...

  • China's Xiaomi stopped from selling handsets in India Thursday, 11 Dec 2014 | 3:40 AM ET

    NEW DELHI— Chinese smartphone maker Xiaomi Inc. has been barred by an Indian court from selling its handsets in the country for allegedly infringing mobile phone technology patented by Ericsson. Judge G.P. Mittal of the New Delhi High Court also ruled earlier this week that Xiaomi's Indian distributor, online retailer Flipkart, is prohibited from selling the...

  • MUMBAI, Dec 11- An Indian court has ordered Chinese budget smartphone maker Xiaomi Technology Co Ltd to temporarily stop selling its devices in India, the Economic Times newspaper reported on Thursday, citing legal documents. The newspaper said the Delhi High Court had asked Xiaomi and Flipkart to suspend the import and sales of devices until Feb 5, when it is due...

  • STOCKHOLM, Nov 23- Jacob Wallenberg, the 58- year-old head of one of Europe's most enduring family dynasties, is trying to work out how the empire controlling much of Sweden's economy could look with a woman or someone without the family name at the helm. Roughly 30 members of the sixth generation, aged between 15 and 30, are contenders to see if they could one day run...

  • PARIS, Nov 18- Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation's network because of differences over costs of upgrading existing systems, an Ethiopian minister and executive said. The deal last year with monopoly state-run operator Ethio Telecom was part of a $1.6 billion package, split...

  • HELSINKI/ LONDON, Nov 14- Nokia predicted on Friday a return to growth for sales in its core network equipment and services business next year and lifted its long-term profit margin target after meeting strong demand for 4 G mobile broadband networks this year. Nokia, which ranks third in the global network-equipment market after Ericsson and Huawei...

  • *Ericsson sees slightly slower growth in main markets. STOCKHOLM, Nov 13- Telecom equipment and services group Ericsson plans to cut 9 billion Swedish crowns of costs a year, including reducing staff, to help it cope with weaker growth prospects for its markets, it said on Thursday. While its North American market is slowing with operators such as Verizon and AT&T...

  • Rapid UK economic growth slows slightly in 3rd quarter. LONDON- Britain's rapid economic recovery eased as expected during the third quarter, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data shows. BRUSSELS- France and Italy make fresh commitments to reform to persuade Germany and the European...

  • HELSINKI, Oct 23- Nokia delivered quarterly profits well above expectations on Thursday, six months after selling its struggling handset business to Microsoft in a 5.6 billion euros deal that transformed it into a pure play network equipment maker. The Finnish company reported strong earnings from its core network gear unit and lifted the outlook for the...

  • HELSINKI, Oct 23- Finland's Nokia beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network gear unit on the back of large network roll-outs in North America and China. Nokia shares rose 5.3 percent to 6.85 euros by 0830 GMT, underscoring investors' positive view of the transformation...

  • BRUSSELS, Oct 20- The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers. As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a...

  • Oct 16- Xilinx Inc reported better-than-expected quarterly revenue and profit due to higher sales of programmable chips to industrial, aerospace and defense customers, sending the company's shares up 5 percent in extended trading. The segment accounted for 41 percent of Xilinx's total revenue in the quarter. Semiconductors made by Xilinx are sold off the...

  • ROME, Oct 14- China and the European Union have found a way to end a long-running dispute over Chinese exports of telecoms equipment, resolving one of the most divisive issues between the major trade partners, the EU's top trade official said on Tuesday. Both sides would also agree to monitor the market share of Chinese telecoms companies in Europe and European...

  • BERLIN, Oct 10- China and the European Union aim to end a long-running telecoms row next week, the EU's trade chief said on Friday, potentially easing tensions between two of the world's top trading powers. Reuters reported exclusively this week that Europe was close to a deal with Beijing on defusing the issue of what Brussels says are illegal subsidies to...

  • MEXICO CITY, Oct 9- Mexico's government on Thursday kick-started a project to launch a state-owned mobile network by 2018, part of a wider effort to support competitors to billionaire Carlos Slim's dominant America Movil. Mexico's telecoms regulator and the telecommunications and transport ministry agreed on terms and conditions for the development of...

  • BRUSSELS, Oct 8- China and the European Union are closing in on a deal to resolve a long-running telecoms dispute by the end of the month, people close to the matter say, potentially putting an end to one of the most divisive issues between the two big trade partners. Beijing is considering a deal in which China promises to limit its export credits to China's No. 2...

  • FRANKFURT, Oct 1- ARM Holdings Plc said on Wednesday it was introducing software to make the proliferating number of Internet-connected devices many consumers surround themselves with more manageable and secure.

  • BEIJING, Sept 25- Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development in the next three years.