PC maker Lenovo turns to profit on China sales

(AP) -- Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier, driven by strong sales in China and other emerging markets.

Mobile phones in use worldwide top 5.0 billion: study

The number of mobile phones in use worldwide has topped 5.0 billion, boosted by soaring demand in emerging markets India and China, a study by Swedish telecoms giant Ericsson showed Thursday.

Computer chip sales up sharply in May over a year ago

Worldwide semiconductor sales rose 47.6 percent in May over a year ago and were 4.5 percent higher than the previous month, the Semiconductor Industry Association (SIA) said Tuesday.

Taiwan's HTC beats six-month sales forecasts

Taiwan's leading smartphone maker High Tech Computer Corp (HTC) said Tuesday its sales in the six months to June had soared 41 percent from a year ago, beating analysts' expectations.

FTC clears Google purchase of mobile ad service (Update)

(AP) -- Federal regulators have approved Google Inc.'s $750 million acquisition of the mobile ad service AdMob despite worries that the deal will enable Google to extend its dominance of Internet marketing into the nascent ...

PC sales to grow 20 percent in 2010: Gartner

Worldwide sales of personal computers are expected to grow nearly 20 percent this year over 2009, with laptops driving new sales, research group Gartner said on Thursday.

Nokia tops earnings forecasts

Nokia, the world's top mobile phone maker, surprised investors Thursday with a much better-than-expected 2009 performance after it resolved product problems, sending its share price soaring.

Mobile sales to fall 0.7 percent this year: Gartner

Worldwide sales of mobile devices are expected to decline by nearly 0.7 percent this year and pick up again next year with nine percent growth, Gartner research group said Tuesday.

Sun cutting up to 3,000 jobs as awaits Oracle deal

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

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