Profits plunge in Q2 for Sweden's Ericsson

(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...

Nokia lowers profit outlook, shares nosedive

(AP) -- Nokia Corp. saw its share price plummet 14 percent on Wednesday after it warned that heavy competition will hit its first-quarter earnings, especially in developing markets, and that it expected no improvement in ...

Nintendo posts loss on strong yen, weak sales

(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the iPhone that offer ...

Samsung tips record Q4 operating profit of $4.5bn

Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.

SK Telecom makes final bid for Hynix stake: report

South Korea's top mobile carrier SK Telecom has submitted a final bid to buy a controlling stake in Hynix Semiconductor, the world's second-largest memory chip maker, a report said Thursday.

PlayStation Vita to hit US in February

Sony said its next-generation PlayStation Vita games console will be released in the United States and Latin America on February 22.

Samsung seeks iPhone sales ban in Japan, Australia

South Korea's Samsung Electronics said Monday it is trying to block the sale of Apple's newest iPhone in Japan and Australia, escalating a legal battle with the US company after several setbacks.

Company networks confront rising video tide

Companies are struggling to manage a rising tide of video use in workplaces, with employees expecting business networks to adapt to whatever mobile gadgets they prefer to use.

Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

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