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  • FRANKFURT, Aug 25- Apple Inc patents covering the "slide to unlock" feature on smartphones are invalid, Germany's highest appeals court ruled on Tuesday, reaffirming a 2013 decision rejecting the U.S. company's claims by a lower court. In a statement, the appeals court said it confirmed a ruling by the lower Federal Patent Court that cancelled Apple's German...

  • Aug 14- Hong Kong stocks were largely flat on Friday, when global markets calmed after China's central bank soothed investor fears triggered by the yuan's shock devaluation earlier in the week. China's central bank stunned markets on Tuesday by devaluing the yuan by nearly 2 percent, and the currency fell more the following two days. Shares in Lenovo Group Ltd...

  • BEIJING, Aug 13- China's Lenovo Group Ltd will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will help it become a global smartphone leader. Lenovo, which uses the U.S. dollar in operations rather than the...

  • Lenovo to slash 3,200 jobs on 51% profit plunge Wednesday, 12 Aug 2015 | 8:28 PM ET
    People check out the computers on display at the Miami Marlins Park, in Miami.

    Lenovo reported a 51 percent Q1 net profit fall and said it would cut 3,200 jobs, as it grapples with "severe challenges" in selling smartphones in China.

  • Asian equities extend selloff as yuan sinks Wednesday, 12 Aug 2015 | 3:27 AM ET
    A man sits before electronic boards showing stock movements at the Malaysia Stock Exchange in Kuala Lumpur.

    Asian equities headed further south on Wednesday, as the People's Bank of China allowed the yuan to extend sharp losses for the second straight day.

  • HONG KONG, Aug 11- China's surprise devaluation caused shock waves in global currency markets on Tuesday, with investors fearing it could put sustained pressure on offshore yuan and debt sold overseas by Chinese firms. "We haven't sold any dim sum bonds after the move as the FX loss is already there and there's nothing we can do," said a bond fund manager in Hong Kong...

  • *Motorola Solutions shares up 6 pct. Aug 5- Motorola Solutions Inc said private equity firm Silver Lake would invest $1 billion in the maker of walkie-talkies and radio systems as it looks to boost growth in its services business, which includes video monitoring and data analytics. The private equity firm will buy $1 billion of convertible senior notes due 2020...

  • UPDATE 2-Silver Lake bets $1 bln on Motorola Solutions Wednesday, 5 Aug 2015 | 8:56 AM ET

    *Motorola Solutions shares up 5 pct premarket. Aug 5- Motorola Solutions Inc said private equity firm Silver Lake would invest $1 billion in the maker of walkie-talkies and radio systems as it looks to boost growth in its services business, which includes video monitoring and data analytics. The private equity firm will buy $1 billion of convertible senior...

  • NEW YORK, July 30- Google Inc will have to make do with the low rate it must offer Microsoft Corp to use some of its Motorola Mobility patents after a U.S. appeals court on Thursday ruled the licensing rate had been properly set. Microsoft sued Motorola in 2010, alleging Motorola had breached its obligation to offer licenses at a reasonable cost.

  • NEW YORK, July 30- Google Inc will have to make do with the low rate it must offer Microsoft Corp to use some of its Motorola Mobility patents after a U.S. appeals court on Thursday ruled the licensing rate had been properly set. The 9th U.S. Circuit Court of Appeals said a lower court judge properly determined the patents' value even though the royalty rate was only a...

  • Cheaper smartphone market gets more crowded Tuesday, 28 Jul 2015 | 3:42 PM ET
    The new low cost smartphone of Motorola, 'Motorola Moto G'.

    Lenovo-owned Motorola unveiled three new devices and OnePlus introduced its latest one.

  • Motorola just made a really embarrassing mistake Friday, 24 Jul 2015 | 5:16 AM ET

    Motorola accidentally went live with a webpage that showed the next version of its Moto G smartphone.

  • Here’s why Lenovo is sticking with PCs Wednesday, 22 Jul 2015 | 7:30 AM ET
    People check out the computers on display at the Miami Marlins Park, in Miami.

    Chinese electronics giant Lenovo is looking to extend its grip on the PC space as it remains bullish on its dominance of a declining market.

  • Shenzhen- based Huawei, which competes with Chinese smartphone makers Lenovo Group Ltd and ZTE Corp, recorded a 69 percent increase in its consumer business group revenue to $9.09 billion thanks to strong sales from high-end smartphone models, the company said in a statement.

  • July 20- International Business Machines Corp's revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue's results. IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to...

  • July 20- International Business Machines Corp reported its 13th consecutive fall in quarterly revenue on Monday, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue's results. IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas...

  • WASHINGTON/ SAN FRANCISCO July 14- A Chinese state-backed company's plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles- questions about the price, worries on Capitol Hill, an aggressive regulator- and any one of them could torpedo the deal. But China's critics on Capitol Hill worried about the impact on the Defense Department.

  • HONG KONG, July 14- Hong Kong stocks fell on Tuesday, ending three straight days of gains, as many investors cautiously watched a slide in China key indexes and ignoring firmer overseas markets after Greece struck a deal with creditors. Lenovo Group led the slide in the Hong Kong blue-chip index, falling 3.3 percent. Great Wall Motor led the fall in the China...

  • HONG KONG/ BEIJING, July 14- The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. China had 155 smartphone brands selling over 1,000 handsets a month as at end-March, from 110...

  • *CEO lauds 33 pct on-year growth in slowing China market. BEIJING, July 2- China's top smartphone maker Xiaomi Inc on Thursday reported semi-annual sales that for the first time were lower than the previous six months, jeopardising its full-year target and hinting at a slowdown in its mainstay domestic market. "Around 90 percent of Xiaomi's shipments are in China,...