ELECTRONICS

Philips sees pick-up in consumer electronics sales

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Dutch Philips Electronics signaled a continued pick-up in the consumer electronics market, saying it expected fourth-quarter sales of about 2.8 billion euros ($4.1 billion) at its Consumer Lifestyle unit.

Best Buy sees weaker holiday margins, shares fall

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Top U.S. electronics chain Best Buy Co said gross margins during the holiday season would fall short of expectations as it sells more discounted goods like flat-screen televisions, sending shares down 8 percent.
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Best Buy shares fall on tepid margin view

Top U.S. electronics chain Best Buy Co reported a higher-than-expected quarterly profit, but its shares fell after it said gross margins in the current holiday quarter would be lower than it had expected.
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First photos of Google's 'Nexus One' phone leaked online

Nearly a dozen photos of the Google Phone, or as it's formally known as, the Nexus One, has been posted online. The photos, posted on Engadget, show that the Smartphone comes with only four buttons which are touch sensitive. The phone has a new grid icon at the bottom of the home screen, which when pressed brings up a webOS card-style preview of all home screen pages, according to the post.
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Apple countersues Nokia for patent infringement

Apple Inc said it filed a countersuit against Nokia, claiming that the Finnish cellphone maker has pursued anti-competitive business practices and infringed on more than a dozen of its patents.
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Dell tablet rumored for CES

The latest buzz online is that Dell is planning to unveil a tablet PC, possibly using the gala Consumer Electronics Shows in Las Vegas next month for its debut.
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Panasonic completes bid for 50.2 percent of Sanyo

Japan's Panasonic Corp said on Thursday it acquired 50.2 percent of Sanyo Electric Co Ltd, the world's largest rechargeable battery maker, completing a long-delayed 403.8 billion yen ($4.6 billion) deal.
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Panasonic nabs 50.2 pct of Sanyo for $4.6 billion

Japan's Panasonic Corp said it acquired 50.2 percent of Sanyo Electric Co Ltd , the world's largest rechargeable battery maker, for 403.8 billion yen ($4.6 billion), as shares of Sanyo jumped the most in six months on the completion of the deal.
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Nokia to close U.S. flagship stores

Nokia will close its two flagship stores in the United States, saving costs on a market where the world's top cellphone maker is struggling to gain ground.
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Panasonic acquires 50.19 percent of Sanyo Electric

Japan's Panasonic Corp , which closed its tender offer for Sanyo Electric Co Ltd on Wednesday, said it has acquired 50.19 percent of the world's largest rechargeable battery maker in a deal worth 403.8 billion yen ($4.6 billion).
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Apple to launch tablet in spring 2010: analyst

Apple Inc is preparing to launch a tablet personal computer in late March or April, with manufacturer partners poised to roll out as many as 1 million units per month, according to an Oppenheimer research note.
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Apple to launch tablet in spring 2010 - analyst

Apple Inc is preparing to launch a tablet personal computer in late March or April, with manufacturer partners poised to roll out as many as 1 million units per month, according to an Oppenheimer research note.

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