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Lenovo 3Q profit up by half, warns of disk supply

(AP) -- Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.

Taiwan's Acer sues ex-CEO over Lenovo job

Taiwan's leading personal computer maker Acer said Wednesday it has filed a lawsuit against former chief executive Gianfranco Lanci after he joined Chinese rival Lenovo.

Whitman says Apple could overtake HP in 2012: report

Apple could overtake Hewlett-Packard next year as the world's top personal computer maker, HP's chief executive Meg Whitman said in an interview with a French daily to appear on Wednesday.

Thai floods ripple through global supply chain

Thailand's worst floods in decades may gradually be subsiding but ripples will be felt by companies and consumers for months to come, analysts say, underlining the fragility of the global supply chain.

Dell expects disk drive shortage to hurt revenue

Dell is likely to be hampered for a couple quarters by an industry-wide shortage of computer storage drives resulting from the recent flooding in Thailand, the computer maker said Tuesday.

S. Korea's SK Telecom signs deal to buy Hynix

South Korea's top mobile carrier SK Telecom said Monday it signed a deal to buy a controlling stake in Hynix Semiconductor, the world's number two memory chip maker.

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.

Thai flooding disrupting hard drive supplies

The massive flooding in Thailand is disrupting supplies of hard disk drives (HDDs) for the world's personal computer makers, according to companies and market intelligence firms.

Ericsson sells its Sony Ericsson stake to Sony

LM Ericsson and Sony Corp. announced Thursday they will go separate ways as Ericsson sells its 50 percent stake in mobile phone maker Sony Ericsson to Sony for euro1.05 billion ($1.46 billion).

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