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S. Korea's LG to raise $884 mln in rights issue

LG Electronics, the world's third-largest handset maker, said Thursday it would raise about one trillion won ($884 million) through a rights offer to strengthen its troubled smartphone business.

BlackBerry 'puts monitoring centre' in India

Research In Motion (RIM) has set up a facility in Mumbai to help the Indian government conduct surveillance checks on the company's BlackBerry services, the Wall Street Journal said on Friday.

Sony Ericsson profits down in 3rd quarter

Mobile phone maker Sony Ericsson posted a break-even third quarter Friday - blaming the drop in earnings on higher taxes and lower margins - and announced that it is shifting its entire portfolio to smartphones next year.

Google says India Internet users to triple

Google expects India's Internet users to triple by 2014 as telecom carriers invest in high-speed wireless infrastructure and smartphones become cheaper, a report said Friday.

Motorola buy a blow to Google's Android partners

Google's Android partners welcomed the Internet giant's $12.5 billion purchase of Motorola Mobility on Monday but the move may force the handset makers to rethink their strategies, analysts said.

Nokia abandons Japan market

Nokia Corp., battered by the popularity of smartphones, is abandoning the Japanese market, after a brief foray with luxury cell phones costing as much as 20 million yen ($250,000).

Nokia needs to make Windows phones hip

Nokia has scrapped its smartphone software for Microsoft's supercharged mobile operating system. Now a world enamored by Apple's iPhone and Android handsets needs reason to care.

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