Automakers seek battery ties as cars go electric
Rechargeable batteries could become the core technology for the auto industry if pure electric cars enter the mainstream -- a prospect that has carmakers racing to team up with battery makers.
Japan's NEC eyes $2.1 billion capital raising: source
Electronics conglomerate NEC Corp is considering raising about $2.1 billion, a source familiar with the matter said, joining a rush of Japanese companies tapping a resurgent equity market for funds.
Shares of NEC tumbled 9.5 percent to 286 yen as investors worried the capital raising would dilute the value of their holdings. The benchmark Nikkei average rose 0.5 percent.
Apple cut out Palm Pre's access to iTunes
Apple has finally cut Palm Pre's accessed to its iTunes when it released a new iTunes update yesterday.
Daily Wrap up July 16 - Tech
Google Inc.'s second-quarter earnings were up 19 percent, but revenue slowed as advertising sales were down from the previous quarter. The search engine giant posted a profit of $1.48 billion, or $4.66 a share, compared with $1.25 billion, or $3.92 a share, in the same quarter last year.
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Mid-day Minute - July 16 Tech
The world's top cellphone maker Nokia cut on Thursday its forecast for second half profitability and 2009 market share at its key phone unit, sending its shares sharply lower. Nokia said its second-half underlying operating profit margin at its key phone unit would be at the first-half level of 11.3 percent. It had earlier forecast a second-half margin of 13-19 percent.
Mid-Day Minute - July 16
Paulson sees no 'evidence of any illegal actions,' JP Morgan profit jumps 36 percent, Natural gas stockpiles increase below forecasts
Sony Ericsson loses market share, sees tough H2
Mobile phone maker Sony Ericsson braced for a tough second half of 2009 after losing market share in the second quarter as its mid-range products found little favor among a declining customer base.
Sony Ericsson posts pre-tax loss in second quarter
Mobile phone maker Sony Ericsson posted a second-quarter pretax loss in line with expectations on Thursday and repeated its forecast for the global handset market to contract at least 10 percent this year.
Microsoft stores to open near Apple stores in fall
Microsoft Corp will open stores close to those of Apple Inc this fall, according to its chief operating officer, as it looks to win back the initiative in the battle for Main Street PC and gadget buyers.
Samsung to invest $389 million in biosimilars: report
South Korea's Samsung Electronics plans to invest about 500 billion won ($389 million) in the biotech medicine business, a local internet news provider said on Wednesday, quoting a top policymaker.
Worldwide OLED 1Q revenue fell 8%, to rebound $7.1 bln in 2016
Worldwide OLED first quarter revenue fell 8 percent, according to DisplaySearch on Tuesday but its AMOLED revenue was up to 17 percent in the quarter.
Intel results, outlook trump expectations
Intel Corp's second-quarter results blew past Wall Street's expectations and the chip maker gave a forecast for current-quarter revenue that also topped analysts' estimates.
Samsung releases SL720 and SL502 cameras
Samsung on Tuesday introduced a new line of its SL-series camera with high end display features.
Blockbuster, Samsung set on-demand video pact
Blockbuster Inc on Tuesday announced an agreement that allows consumers to instantly view movies and video from its OnDemand service on Samsung's televisions and electronics devices.
Nokia's Surge debuts at $80
Nokia on Monday introduced its new Surge, a Symbian S60-based Smartphone with video sharing for design for multimedia and entertainment mania.
Dell sees modest decline in fiscal Q2 margins
Dell Inc expects to report a slight sequential increase in revenue for the quarter ending July 31, but it forecast a modest decline in gross margins due in part to higher component costs and an unfavorable mix of products.
Intel to post strong 2Q
Intel Corporation is expected to post strong second quarter earnings despite a downturn in the chip industry.
Stimulus packages spur Philips recovery hopes
Philips Electronics, Europe's biggest consumer electronics maker, said some of its key markets are primed for an upturn in sales, though any growth this year would likely be driven by government spending programs.
Philips sees early signs of recovery, boosting shares
Dutch conglomerate Philips Electronics signaled brighter business prospects for the second half of 2009, helped by cost cuts, as it surprised the market with a return to profit in the second quarter.
LG launches app store, initial focus on Asia
LG Electronics Inc, the world's No. 3 handset maker, is launching an online store for mobile phone applications Tuesday with an initial focus on Asia and aspirations for a more global reach by year-end.
Patriot brings Solid State closer to Mainstream
At $399, the Torqx is still at the high-end of the price spectrum, however, the Torqx provides the performance of top-notch SSD's at a fraction of the price.
Media money moving into mobile
The traditional media industry may be under fire as the weak economy crushes advertising spending, but companies and investors are scrambling to stake out territory in the new world of mobile content.
Ericsson to manage Sprint network in $4.5-$5billion deal
Sprint Nextel Corp said it would pay Ericsson $4.5 billion to $5 billion to manage its network under a 7-year deal in which 6,000 Sprint workers will move to Ericsson. Sprint shares rose 4 percent.
Sony: no plans to buy out Ericsson stake in venture
Sony Corp has no plans to buy out Ericsson's stake in their loss-making mobile joint venture Sony Ericsson, said Sony Chief Executive Howard Stringer on Thursday.
Watch Netflix Movies Directly on Sony TVs
Netflix Inc and Sony Electronics are now co-working to delivers Movies right at BRAVIA TVs.
Sharp to raise LCD panel production to meet increasing demand
Sharp Corp decided to increase LCD panel production after facing continuous high demands of it LCD panels for TVs.
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