Hewlett-Packard reports higher 3Q earnings

(AP) -- Hewlett-Packard Co. reported an increase in its third-quarter net income on Thursday, but the technology company gave a lower-than-expected outlook for the current quarter and cut its outlook for the year for the ...

LG Electronics 2Q net profit plunges, sales fall

(AP) -- LG Electronics, a top global manufacturer of mobile phones and flat-screen TVs, said second-quarter net profit plunged as sales declined and its mobile phone business remained in the red.

Nokia dismisses Microsoft takeover report

Nokia chief executive Stephen Elop on Wednesday dismissed as "baseless" a report that Microsoft had agreed to purchase the Finnish company's mobile business.

China has over 900 million mobile phone users

China had more than 900 million mobile phone subscribers at the end of April with nearly two-thirds of the world's most populous nation using cellular technology, the government said Tuesday.

Lenovo buying back mobile phone business

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

Qualcomm in sights of Japanese regulators

The Japan Fair Trade Commission (JFTC) has set its sights on Qualcomm, less than a week after the US wireless technology titan was fined over 200 million dollars by South Korea's antitrust watchdog.

Sprint Nextel to buy Virgin Mobile USA

(AP) -- Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.

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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