As growth in the global smartphone market shifts from the developed to the emerging world, HSBC highlights the stocks to best play the trend.» Read More
HONG KONG, Oct 18- Hong Kong shares may start flat on Friday as investors brace for another batch of China data that is expected to show annual economic growth quickened in the third quarter, although doubts over the rebound in activity are expected to crimp demand. Elsewhere in Asia, Japan's Nikkei and South Korea's KOSPI were each up 0.1 percent at 0048 GMT.
NEW YORK/ TORONTO, Oct 17- Chinese computer maker Lenovo, which has signed a non-disclosure deal to examine BlackBerry's books, faces regulatory obstacles if it bids for all of the company and will likely pursue just parts, a source familiar with the matter said on Thursday. None of these technology companies have made a formal bid for BlackBerry yet.
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.
*At least eight brokerages cut IBM share-price targets. Oct 17- IBM Corp has reassigned the head of its growth markets unit, a source with knowledge of the move said, after a surprisingly steep drop in quarterly hardware sales in China prompted a 7 percent share slide on Thursday. IBM declined to comment, and the source did not say where Bramante would be reassigned.
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.
OTTAWA, Oct 17- The Canadian government, which has expressed skepticism about Chinese purchases of sensitive Canadian firms, said on Thursday it recognized BlackBerry Ltd was exploring its options but withheld comment on reported interest by China's Lenovo.
Lenovo, the world's largest PC maker, is 'actively looking' into bidding on BlackBerry, Dow Jones reported on Thursday, citing unnamed sources.
Dow Jones reported Lenovo has signed a non-disclosure agreement to look at the books of BlackBerry and is actively considering purchasing the company.
*At least eight brokerages cut IBM share-price targets. Oct 17- IBM Corp shares fell more than 7 percent on Thursday after a surprisingly steep drop in hardware sales in China fueled concerns the company is struggling to sustain growth through its emerging markets business.
*At least eight brokerages cut IBM share-price targets. Oct 17- IBM Corp's shares opened 7 percent lower after a drop in hardware sales in the latest quarter reinforced concerns about the company's ability to grow as it focuses more on software and cloud services.
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.
*Sony to remain focused on Europe, Japan markets. TOKYO, Oct 11- Kazuo Hirai's plan to restore Sony Corp to lasting profitability rests in large part on its smartphones leapfrogging rivals to become the world's third-biggest sellers after the Apple iPhone and Samsung's Galaxy series.
PC shipments tanked almost 9 percent in the third quarter, a period of historically strong demand, to the lowest level in five years.
HONG KONG, Oct 10- Hong Kong shares may stay range-bound on Thursday, as hopes of a break in the U.S. fiscal standoff hung in the balance ahead of another meeting between Republican and Democrat policymakers.
The potential interest from strategic buyers, along with the recent decline in BlackBerry's share price prompted Macquarie analyst Kevin Smithen to upgrade his rating on BlackBerry to "neutral" from "underperform."
HTC is against the idea of a takeover, said Cher Wang co-founder and chairperson, which reported its first-ever quarterly loss on Friday.
Some of the names on the move ahead of the open.
Sept 27- RDA Microelectronics Inc said China's state-owned Shanghai Pudong Science and Technology Investment Co Ltd offered to buy the shares of the chipmaker it does not already own at $15.50 per American depositary share.
China, a market dominated by Samsung Electronics Co Ltd and Lenovo Group Ltd, is expected to ship 120 million 4 G-enabled smartphones to meet consumer demand for Internet connectivity.
The "Transformers" series has previously featured other Chinese brands, including PC and TV makers Lenovo Group Ltd and TCL Corp, and Meters/bonwe, a leading leisurewear brand.