Related topics: recession

Tech industry recovery under way, says Forrester

(AP) -- A new report on information technology provided further evidence that an industry recovery is under way, with U.S. spending now expected to grow faster than previously believed.

Nokia wins China deals worth more than $2 bln

The world's top mobile phone maker Nokia said Thursday it had renewed cell phone contracts worth more than two billion dollars with two distributors in China, one of its key markets.

February video game sales drop 15 percent

(AP) -- U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower sales of the Wii system.

Asia's IT parts makers struggle with demand boom

Wrong-footed by rocketing consumer demand, Asian technology suppliers are scrambling to expand capacity before inventories run dry of everything from semiconductors to flat-panel screens.

Online shopping revolution?

The battle for the shrinking American budget is moving online this year with a vengeance.

Japan's Panasonic wins control of ailing Sanyo

Panasonic Corp. announced Thursday it had secured a controlling stake in smaller rival Sanyo Electric Co. in a 4.6-billion-dollar takeover that revamps Japan's troubled electronics industry.

Cisco and British Telecom head for the 'cloud'

Cisco and British telecom giant BT Group on Wednesday announced a partnership aimed at a growing hunger by businesses worldwide for Internet-based communications services.

US online ad revenue down 5.4 pct in third quarter

(AP) -- Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip on even the fastest growing segment of industry, according to a report released ...

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