LG Electronics posted an 84% jump in quarterly earnings, helped by high margins on mobile phones, brisk sales of TVs and solid results at its LCD joint venture.

Earnings reports from Google and Microsoft are casting doubts on the assumption that these tech giants are immune to the recent economic downturn.

International Business Machines's profit leaped 22 percent, blowing past Wall Street's estimates as its bread-and-butter services division continued to thrive despite economic malaise in the United States.

Japanese consumer electronics maker Pioneer said on Tuesday it plans to launch Blu-ray DVD recorders by the end of the year, taking aim at a rapidly growing market after the end of a bitter format battle.

Sumitomo Corp, Japan's third-biggest trading house, said on Wednesday its consortium had won preferential rights to build and operate a $6 billion power and water desalination plant in Saudi Arabia.

In the early years of the 21st century, Google is the company prompting a rethinking of assumptions on what technological monopoly might mean, the New York Times reports.

Sony is seeing little or no sign of softer demand among U.S. consumers for its range of digital TVs, cameras and computer goods despite a weakening economy, a top regional executive said on Tuesday.

From mainframes to minicomputers and then PCs, each new computing generation has displaced its predecessor by reaching a broader audience and costing far less. And each time, the dominant company in one generation loses control in the next.

Digital music seller Rhapsody is launching a $50 million marketing assault on Apple's iTunes, offering songs online and via partners including Yahoo and Verizon Wireless, Rhapsody said on Monday.

Texas Instruments on Monday narrowed a quarterly earnings and revenue target range it issued in April because of caution among its chip customers and weak demand for high-end phones.

Apple is considering harnessing the sun to power its iPod music players. California's Ironwood prison is installing more than 6,000 solar panels, and Boston's Fenway Park is tapping solar power for Red Sox baseball games.

Applied Materials has approached beleaguered Dutch semiconductor equipment maker ASM International to buy a significant part of its business for $400 million to $500 million.

South Korean regulators said on Thursday Intel had abused its dominant position in the local market and ordered the world's top semiconductor maker to pay a fine of about $26 million.

Dell reported a profit and sales that outstripped analysts' forecasts, vaulting its shares higher in after-hours trading.