Taiwan's MediaTek profit up 51 percent in 1Q

MediaTek Inc., Asia's largest chipset designer, said Monday its first quarter profit grew 51 percent from a year earlier, boosted by China's flourishing smartphone market.

Taiwan's HTC reports record low net profit

Taiwan's smartphone maker HTC said Monday net profit slumped 98.1 percent in the three months to March compared to a year earlier, hitting a record low of Tw$85 million ($2.83 million).

Mobile makers eye bonanza in Africa

Africa's mobile phone market, the fastest-growing in the world, is the last frontier for the industry with the promise of unlocked riches luring global interest including from Chinese handset makers.

Apple sees China becoming biggest market

Apple Chief Executive Tim Cook, on his second visit to China in a year, said he expects the country to surpass the United States as the technology giant's largest market, state media reported.

Samsung sees record-high 4Q profit

Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets.

China's BYD hopes for turnaround with Si Rui sedan

(AP)—Chinese automaker BYD Co. may be hoping that Si Rui (pronounced suh-ray), the name for its new midsize sedan, translates into turnaround. The ailing company, which counts billionaire Warren Buffett as an investor, ...

Android smartphone shipments boom, industry tracker says

Android software powered three out of four smartphones shipped worldwide in the recently ended third quarter as the Google-backed mobile platform dominated the market, industry tracker IDC said Thursday.

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