HTC buying stake in Dr. Dre headphone maker

(AP) -- Taiwanese smartphone maker HTC Corp. says it will pay about $300 million for a 51 percent stake in the U.S. maker of Dr. Dre headphones.

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).

Asian tech fair spotlights tablets, smartphones

Tablet computers and smartphones take centre stage at a major Asian telecoms fair that opens Tuesday, with struggling phone maker Nokia making a new push to reverse its eroding fortunes.

US consumers snapping up Android phones: survey

Smartphones powered by Google's Android software were the most popular among US consumers over the past six months ahead of the Blackberry and Apple's iPhone, the Nielsen Co. said on Tuesday.

India handset maker Micromax sells stake

Indian handset maker Micromax, which is taking on Nokia and other foreign brands in its home market, has sold a stake to investors in a deal that values the group at more than 440 million dollars.

Nokia posts loss of $832 million in third quarter

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...

Nokia posts 66 pct fall in Q2 profits, shares drop

(AP) -- The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its ...

Toshiba to stop making mobile phones in Japan

(AP) -- Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.

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