LG Electronics is targeting a 50% increase in LCD TV sales to 18 million units this year, as it plans to step up small-sized TV sales to fight the current economic downturn.

ProMOS, Taiwan's No.3 DRAM chip maker, and larger Japanese rival Elpida, have jointly submitted a proposal to the Taiwan government for state assistance.

Lenovo Group, the world's No. 4 PC seller, announced a broad restructuring, including a lay-off of 2,500 workers, as the global downturn pushed it to a loss for the December quarter.

CES will be something of a preview of what’s to come for the consumer electronics industry this year. Market research firm iSuppli forecasts a 0.8-percent decline in OEM factory revenue across the consumer electronics industry (excluding PCs, mobile phones, and GPS navigation devices).

China's Ministry of Industry and Information Technology said it would issue Licenses for next generation (3G) mobile networks to its three state-run carriers.

Logitech International, the world's largest computer mouse maker, said it plans to cut 15 percent of its salaried workforce and withdrew its fiscal 2009 financial targets, citing deepening global recession.

Apple Chief Executive Steve Jobs said a hormone imbalance is behind the weight loss that has prompted rumors about his health.

Apple Chief Executive Steve Jobs said a hormone imbalance is behind the weight loss that has prompted rumors about his health.

Shares in China's Lenovo Group rose Monday after an influential Chinese magazine said the world's No. 4 personal computer maker is expected to announce a restructuring plan on Jan 8 that will include layoffs and changes in its top management.

Two top executives at Dell are leaving the No. 2 PC maker as part of a reorganization designed to boost sales as it struggles to regain share from bigger rival Hewlett-Packard.

Japanese consumer electronics maker Sharp will book an extraordinary loss of more than 50 billion yen for the year to March 31, due largely to an impairment loss on its stake in Pioneer, the Nikkei financial daily reported.

Cisco Systems, the dominant provider of the digital pipes that run the Internet, is making a big play in digital entertainment, the New York Times reports.

For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition. The first half will be painful, the second half slightly better, but the real recovery won’t occur until 2010.Here's the outlook for four key sectors.

South Korean chip makers are not in a serious situation requiring forced restructuring, the country's top financial regulator said on Tuesday, in response to concerns about some weak companies in the sector.

Lenovo Group, the world's No. 4 personal computer maker, confirmed on Thursday it is in preliminary talks on a possible investment or acquisition, a day after its stock soared on speculation of a deal.