Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge more than 7 percent.
Telecom networks company Nokia saw its shares surge on Thursday after it raised its outlook for the year and said it would distribute 4 billion euros ($4.4 billion) to shareholders, despite a drop in third quarter earnings.
LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business.
Taiwan Semiconductor Manufacturing Co, the world's leading contract microchip maker, on Wednesday raised its first-quarter guidance buoyed by robust demand for sophisticated chips used in smartphones and tablets.
German software giant SAP said on Tuesday it expects its cloud computing business to continue to boost sales in the coming years, but profit growth will slow this year.
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...
Apple certainly has lots of buzz and corporate cache behind its products, but there's a hidden - almost mundane - reason its newest iPad is likely to dominate the competition: the advantageous deals the company cuts with ...
Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.
Finnish handset maker Nokia Corp. plans to introduce its first mobile phones using the Microsoft Windows operating system this year, the company's chief executive said Tuesday.