ELECTRONICS

Unsurprisingly, iPhone sales are booming across Europe as the end of exclusivity arrangements rev up the demand for Apple mobile phones. Broadpoint AmTech analyst predicts Apple will finally do the same in the US and will add Verizon as a carrier in 2010.

Ciena Corp agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks for $769 million after trumping a bid from Nokia Siemens Networks.

Britain's Carphone Warehouse has stopped selling Sony Ericsson's flagship smartphone due to software problems, dealing a blow to the loss-making Japanese-Swedish firm's turnaround plans.

China Telecom aims to sell BlackBerry handsets and Palm smartphones in China by early next year, as it tries to gain share from its two larger mobile telecom rivals, a source familiar with the situation said on Monday.

- Nokia Oyj's battered shares could get a boost when the firm looks ahead at next week's investor day to an expected upturn in handset margins and a more competitive smartphone offering in 2010.

Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million after it trumped Nokia Siemens Networks in a three-day auction.

Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, sources told Reuters, after it trumped Nokia Siemens Networks in a three-day auction.

Apple's wireless carrier in China on Friday expressed its high expectations for the iPhone despite the relatively low sales since its debut, hoping the handset to attract 10 percent of China's 3G users in the in the next three years.

Mobile phone giant Nokia said on Friday it will axe 330 people from its research and development staff in Finland and Denmark.

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French mobile phone games company Gameloft said it and other software developers were cutting back investment in developing games and other applications for Google's Android platform.

The wireless chip industry expects smartphone market surge to continue, with British microchip designer ARM saying growth would likely even accelerate further next year.

Dell Inc's quarterly profit plunged 54 percent on lower-than-expected sales as it lost market share to competitors engaged in a budding price war in the PC market.

Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.

Sony Corp pushed back an elusive profit margin target to March 2013, after narrowly failing to meet the goal last year, but it aims to make its video game and TV operations profitable next year.

Top cell phone maker Nokia has seen growing interest among companies for its first netbook or mini-laptop, a company executive said on Thursday.

Sony Corp said it would launch 3D TVs and networked products and services to unleash its potential as an electronics and entertainment giant and reverse its fortunes as it heads for a second straight annual loss.

Japan's Sony Corp pushed back an elusive target of an operating profit margin of 5 percent to March 2013, as it heads for its second straight loss and loses ground to overseas competitors.

Sony Corp aims to earn a 5 percent operating profit margin in three years by turning its struggling LCD TV and game operations profitable next year and launching 3D TVs and lithium-ion batteries for electric vehicles.

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Sony Corp said on Wednesday that early demand for its latest electronic reader was higher than expected in advance of the holidays and shipment delays could result.