Hardware Consumer Technology

  • MELBOURNE, March 22- Australia's largest department store operator Myer will stop selling "unprofitable" Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings said on Friday. Demand has notably fallen in the world's biggest smartphone market China, partly as a result of the trade dispute with the United States.

  • BEIJING, March 21- The potential value of recyclable metals in discarded mobile phones, laptops and desktop computers in China will more than double to around $24 billion by 2030, environmental group Greenpeace forecast on Thursday. China, the world's largest mobile phone market, is trying to promote recycling of electronic waste, or e-waste, to improve its...

  • SEOUL, March 20- Samsung Electronics Co Ltd expects a tough year for its component business including memory chips due to sluggish growth in the smartphone market and reduced investment from data center companies, Chief Executive Kim Ki- nam said on Wednesday. He was speaking at the South Korean tech giant's annual general meeting where shareholders are...

  • Indonesia Grab bike riders waiting for passengers in Jakarta.

    Grab said on Tuesday it is rolling out several financial products including microinsurance and credit services to users in Southeast Asia.

  • Vinnie Lauria, founding partner at Golden Gate Ventures, speaks on April 13, 2016.

    Golden Gate Ventures and Hanwha Asset Management are looking to raise around $200 million in funds, according to a source familiar with the matter.

  • The Juno Inc. and Gett Inc. applications are displayed on an Apple iPhone.

    Rivals Uber and Lyft are also both expected to float their business in 2019.

  • The new models offer keyboard support for the first time and work with the Apple Pencil.

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that...

  • March 15- Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Apple did not immediately respond to a request for comment. During an eight-day jury trial, Qualcomm asked the jury to award...

  • Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 on January 6, 2017 in Las Vegas, Nevada.

    The payments were part of a business cooperation agreement between the two companies amid the peculiar patent licensing practices of the consumer electronics industry.

  • A grand jury in New York has subpoenaed records from at least two prominent makers of smartphones and other devices, the newspaper reported, citing people familiar with the requests and without naming the companies. Facebook is facing a slew of lawsuits and regulatory inquiries over its privacy practices, including ongoing investigations by the U.S. Federal...

  • March 13- U.S. prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world's largest technology companies, the New York Times reported on Wednesday. A grand jury in New York has subpoenaed records from at least two prominent makers of smartphones and other devices, the paper reported without naming them,...

  • FANG (Facebook, Amazon, Netflix and Google) apps on a smartphone.

    Facebook, Amazon, Apple, Netflix and Alphabet are outpacing the broader market for 2019, and two experts see more runway ahead of some of the names.

  • Apple CEO Tim Cook speaks during an Apple launch event in the Brooklyn borough of New York, October 30, 2018. 

    Apple stock has been on something of an upswing in recent months after a devastating fourth quarter.

  • Alibaba has become a mainstay in the tech world since Jack Ma co-founded the company from his apartment in Hangzhou, China about two decades ago. It runs massive e-commerce, payments, logistics and cloud computing businesses.

  • The Grab logo is displayed on a taxi in Bangkok, Thailand, on Friday, March 9, 2018.

    Southeast Asian ride-hailing giant Grab said it has secured $1.46 billion in new funds from SoftBank's Vision Fund, bringing total funding for its current round to over $4.5 billion.

  • Shares of the largest U.S. consumer electronics retailer surged 11 percent, also getting a boost from an 11 percent hike in its quarterly dividend and a plan to buy back $3 billion of stock. "Best Buy continues to generate increasing traction in its multi-channel quest, with both brick-and-mortar and online posting impressive performance for both Q4 and FYE...

  • Feb 27- Best Buy Co Inc beat Wall Street estimates for fourth-quarter same-store sales on Wednesday as the biggest U.S. consumer electronics retailer sold more wearable devices, gaming consoles and appliances during the holiday quarter. Best Buy's domestic comparable sales rose 3 percent in the three months ended Feb. 2. Total revenue fell 3.7 percent to...