27/01/2011

China's Lenovo, NEC form PC joint venture in Japan

Japanese and Chinese electronics firms NEC Corp. and Lenovo Group on Thursday announced they will form a personal computer joint venture in Japan, as they take on global giants such as Hewlett-Packard.

NEC sees losses triple

Japan's NEC said Thursday its net loss in the October-December quarter almost tripled from a year earlier, blaming a delay in the recovery of IT-related capital investment in the country.

Sony to release new PlayStation Portable this year

(AP) -- Sony said Thursday the successor to its PlayStation Portable machine will go on sale late this year, offering the quality of a home console in an on-the-go machine boasting a screen double the size of smart phones.

Taiwan IT giant Foxconn beaten in solar cell deal

Inventec Corp, a leading Taiwanese notebook maker, said Thursday it had beaten IT giant Foxconn in buying a local solar cell company after offering a higher price at the last minute.

Kindle Singles debuts pithy digital works

Amazon on Wednesday released the first of a new line of short digital books pitched as quick, captivating works for its popular Kindle electronic readers.

Taiwan Semiconductor profits up nearly 25%

Taiwan Semiconductor Manufacturing Co, the world's leading contract microchip maker, said Thursday its profits in the three months to December rose nearly 25 percent on the back of strong demand.

Peripherals maker Logitech feels Asia-led sales boom

Swiss-based computer peripherals giant Logitech said on Thursday that net profit in the third quarter of its 2010-2011 financial year grew by 14 percent as sales boomed, especially in Asia.

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