ELECTRONICS

Portable navigation devices are poised to take off this holiday shopping season as market leaders Garmin and TomTom race each other to make deeper inroads into the mass market by pushing out cheaper models.

Japanese electronics firm Toshiba Corp. said it had been subpoenaed by the U.S. Department of Justice about its flash memory business in the key U.S. market.

Electronics retailer RadioShack Corp will start selling video-game software in its stores, a Citigroup analyst said on Friday.

Flash memory makers, whose products are used in some some of the most popular consumer electronics devices - including cell phones, video cameras and digital music players - are are once again in the sights of federal prosecutors.

Alcatel-Lucent's revenue warning is raising worries about weaker U.S. wireless network spending, which could also hurt other communication equipment makers such as Nortel Networks Corp.

Deutsche Telekom has clinched an exclusive deal with Apple Inc to sell the coveted iPhone in Germany, an industry source told Reuters.

Apple Inc is calling a London news conference next Tuesday as speculation mounts that the consumer electronics guru will unveil long-awaited plans to bring its iconic iPhone cell phones to Europe.

Goldman Sachs and UBS cut their earnings forecasts and share target prices on Samsung Electronics Co Ltd and Hynix Semiconductor Inc, underscoring a weakening outlook for the chip maker sector.

LG Electronics' shares surged 4 percent on Thursday, boosted in part by a U.S. court decision to stay an import ban on mobile phones containing Qualcomm chips, but analysts warned the impact would be limited.

Telecoms equipment maker Alcatel-Lucent cut its full-year revenue forecast on Thursday, sending its shares down by nearly 10 percent and adding further pressures to the recently merged group.

NTP Inc, which last year won a $612.5 million settlement from the maker of Blackberry, has sued four of the top U.S. mobile service providers for infringing eight patents related to wireless e-mail.

The battle for supremacy in the optical disc technology between world's No.2 consumer electronics company, Sony Corp.'s Blu-ray and rival Toshiba's HD DVD, has intensified with Sony announcing that it will launch four models of new Blu-ray high-definition (HD) optical disc recorders in November in Japan.

Sony Corp said it will launch four models of new Blu-ray high-definition optical disc recorders in November in Japan, as its format battle with the HD DVD camp heats up.

Japanese venture capital firm SBI Holdings Inc and Sumitomo Trust & Banking Co Ltd said they would launch an Internet bank this month, joining a crowded race to manage Japan's $13 trillion in household financial assets.

Apple Inc's hefty iPhone price cut pits it in direct competition with handsets from Motorola Inc and Palm Inc, which are struggling to convince Wall Street they can turn around their aging brands.

Lenovo Group Ltd., the world's third-largest PC maker, said on Thursday its nascent overseas consumer market will grow eventually to match the dominate position it enjoys in its home market.

Motorola Inc. is aiming to cut its quarterly research and development expenses for mobile devices 15 percent to help it return to profitability, the head of the company's handset business said on Friday.

Apple chief executive Steve Jobs defended his company's decision on Thursday to cut the price of the iPhone device by $200 this week, but offered existing buyers a $100 store credit and an apology after some complained of the sudden drop.

Intel Corp on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices Inc.Intel Corp on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices Inc.

Sony Corp said it would launch a new digital single lens reflex camera for advanced users in November, broadening its product lineup in a move to take on industry leaders Canon Inc and Nikon Corp.

Apple Inc on Wednesday said the company was cutting the price of its iPhone and was on track to sell one million phones before the end of September.