ELECTRONICS

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China's Lenovo quarterly profit more than doubles

Lenovo, the world's No.4 PC brand, reported a better-than-expected quarterly profit that more than doubled on an improving global PC market outlook, its first profit after three straight quarters of losses.

Intel hit by NY antitrust suit, kickbacks alleged

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Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance.
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Qualcomm outlook off but shares up after Samsung deal

Wireless chip supplier Qualcomm Inc on Wednesday forecast weaker than expected full- year results, but its extension of a key deal with Korea's Samsung Electronics helped offset the disappointment for some investors.
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Comcast profit beats Street as users add services

Comcast Corp's quarterly profit rose 22 percent, beating expectations, as it sold more phone and Internet subscriptions, helping the top U.S. cable operator fight competition from phone and satellite companies for video subscribers.
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Comcast quarterly profit rises

Comcast Corp's quarterly profit rose 22 percent as customers signed up for additional phone and Internet services, helping the top U.S. cable operator fight competition from phone and satellite operators.
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AT&T sues Verizon Wireless over 3G ads

AT&T Inc is suing Verizon Wireless in an effort to stop its bigger mobile rival from using misleading coverage maps in advertisements that AT&T says are causing it to lose incalculable market share.
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$1,000 priced iPhone not a hit in China

Apple's Chinese partner sold 5,000 iPhones in the country after the handset made its debut last week, but is still hopeful it will increase the number of its third-generation mobile users by more than 1 million a month.
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Sony Ericsson unveils first Android phone

Sony Ericsson unveiled its flagship X10 mobile phone on Tuesday, its first to run on Google Inc's Android operating system, hoping the device will help reverse its loss of market share.
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Sony Ericsson unveils its first Android phone

Sony Ericsson unveiled its new X10 flagship mobile phone on Tuesday, its first to run on Google's Android operating system, but said it would not go on sale until early next year.
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Marvell unveils new e-reader platform

Chipmaker Marvell Technology Group Ltd on Monday jumped into the fast-growing electronic reader market, unveiling a platform that the company says will allow for a new generation of zippier, lower-cost devices.
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Ex-AMD CEO Ruiz quits as Globalfoundries chairman

Former Advanced Micro Devices Inc Chief Executive Hector Ruiz will step down as chairman of contract chip maker Globalfoundries, following reports linking him to the largest hedge-fund insider trading scheme ever.
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Analyst: Motorola Droid to steal customers from RIM, Palm

Motorola's growing popularity with its upcoming Motorola Droid smartphone with Google's Android operating system may help increase the company's market share, but analysts warn this will largely affect rivals like Research In Motion and Palm.
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Sony shares slide despite lifting annual outlook

Shares in Sony Corp lost nearly 6 percent on Monday as investors shrugged off the electronics maker's upward revision to its earnings forecast and sold on worries over the U.S. market and a stronger yen.

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