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Consumer Discretionary Consumer Electronics

  • A California company confirmed that a flaw in its website allowed outsiders to pinpoint the location of mobile phones in the United States without authorization. But LocationSmart, which gathers real-time data on cellular wireless devices, says it has no evidence that anyone exploited the vulnerability before May 16, when a security researcher at Carnegie...

  • May 17- Chip gear maker Applied Materials Inc reported a 28.8 percent rise in quarterly revenue on Thursday as the company benefited from chipmakers spending heavily to meet rising demand for memory from smartphone makers. Net income rose to $1.13 billion, or $1.09 per share, in the second quarter ended April 29, from $824 million, or 76 cents per share, a year...

  • Microsoft CEO Satya Nadella

    Microsoft may need to make sacrifices in other areas to keep the price down.

  • LONDON, May 15- China's Huawei is targeting Europe with a new smartphone that costs half of what premium phones from Samsung and Apple do as it stakes out market share gains in its biggest region outside its home base. Europe is key for Huawei beyond China, because it has been excluded from the lucrative U.S. market based on unspecified national security concerns...

  • HWASEONG, South Korea, May 15- Samsung Electronics is in talks with several smartphone makers including China's ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm. Its flagship Exynos mobile chips power Samsung's Galaxy line of smartphones, but the chipset has only one...

  • Intel CEO Brian Krzanich.

    The United States banned its companies from selling components to China's ZTE for seven years after it violated the terms of a settlement deal for illegally shipping goods made with U.S. parts to Iran and North Korea.

  • The United States banned its companies from selling components to China's ZTE for seven years after it violated the terms of a settlement deal for illegally shipping goods made with U.S. parts to Iran and North Korea.

  • HWASEONG, South Korea, May 15- Samsung Electronics is in talks with several smartphone makers including China's ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm. Its flagship Exynos mobile chips power Samsung's Galaxy line of smartphones, but the chipset has only one...

  • SYDNEY, May 15- Google is under investigation in Australia following claims that it collects data from millions of Android smartphone users, who unwittingly pay their telecom service providers for gigabytes consumed by the activity, regulators said on Tuesday. Responding to the latest privacy concerns surrounding Google, a spokesman for the U.S. based...

  • SYDNEY, May 15- Google is under investigation in Australia following claims that it collects data from millions of Android smartphones users, who unwittingly pay their telecom service providers for gigabytes consumed during the harvesting, regulators said on Tuesday. Responding to the latest privacy concerns surrounding Google, a spokesman for the U.S....

  • Vodacom Tanzania, majority owned by South Africa's Vodacom Group, said in a statement that EBITDA rose to 266.4 billion shillings in the year through March, as new, cheaper smartphones helped drive a 35 percent jump in revenue from mobile data to 141.6 billion shillings. Voice revenue fell 6 percent to 392.3 billion shillings following a decision by Tanzania's...

  • The tech company, telecommunications equipment and smartphone maker ZTE, said Wednesday that it's ceasing "major operations" after the U.S. last month banned it from doing business with American suppliers for seven years as a punishment for illegal exports. ZTE's crippling business ban stems from a case dating to before the Trump administration, but analysts...

  • SEOUL/ SINGAPORE, May 8- Investors in global chipmakers have had a rocky ride in the last few months on worries about a slowing smartphone market, but a clamor for more video content from consumers is underpinning buoyant sales for memory-chip makers. A case in point is last week's quarterly report from Apple Inc. The Cupertino, California- based company said the...

  • CNBC's Todd Haselton still loves the iPhone X overall, but there are some things that are stating to bother him.

  • BEIJING/ HONG KONG, May 3- Chinese smartphone and connected device maker Xiaomi is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in almost four years. The IPO plans, filed on Thursday, will be one of the first in Hong Kong under new rules designed to attract tech listings, a major...

  • BEIJING/ HONG KONG, May 3- Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology firm in almost four years. Xiaomi's IPO, which will be one of the first in Hong Kong under new rules to attract tech firm listings, is a major win for the...

  • BEIJING/ HONG KONG, May 3- Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology firm in almost four years. Xiaomi's IPO, which will be one of the first in Hong Kong under new rules to attract tech firm listings, is a major win for the...

  • BEIJING, May 3- Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in almost four years. The listing could value the company at up to $100 billion and would be the biggest Chinese tech IPO since Alibaba Group Holding Ltd raised $21.8 billion...

  • BEIJING, May 3- Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday, in what is expected to be one of the largest listings by a Chinese tech company in almost four years. It also said it made a net loss of 43.89 billion yuan versus a profit of 491.6 million yuan in 2016.. Operating profit for 2017 was 12.22 billion yuan,...

  • May 1- Apple Inc on Tuesday beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes. The company also predicted a revenue range of $51.5 billion to $53.5 billion for the June quarter, with a midpoint ahead of the $51.6 billion...