Nokia Siemens to lay off 17,000 worldwide

(AP) -- Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 - nearly 23 percent of its work force - as it strives to cut costs by euro1 billion ($1.35 billion).

Samsung LED seeks US import ban on Osram products

(AP) -- A Samsung unit is raising the ante in a patent dispute with a German rival over energy-saving LED lighting amid intensifying legal disputes among global companies jockeying for supremacy in key consumer technologies.

Care for some light music? LEDs make it possible

(AP) -- Light-emitting diodes, or LEDs, are starting to become cost-effective alternatives to standard light bulbs and fluorescent tubes. That opens up some interesting possibilities, such as the combination LED light and ...

Nokia Siemens Networks to lay off up to 5,700

(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).

Ciena wins court approval for Nortel unit bid

(AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million.

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