ELECTRONICS

Diversified manufacturer Honeywell International Inc. said on Thursday quarterly net profit rose 17 percent, boosted by strong demand from the aerospace and construction industries.

Logitech, the world's largest maker of computer mice, posted a 15 percent drop in first-quarter profit on Thursday as competition pressured Webcam sales, pushing shares lower.

Motorola Inc. on Thursday posted a quarterly loss as revenue fell amid weak phone sales, as it loses market share.

Ailing Motorola was dealt another blow as the phone maker slipped a spot into third place behind second place Samsung in the race for global shipments.

Hewlett-Packard continued its reign as the top personal computer maker in the world as its closest rival Dell declined for the second quarter but still managed to hold its U.S. lead.

SunRocket Inc., the second largest supplier of Internet phone services shut down its business on Monday without notifying its customers, which total more than 200,000.

Even if CEO Ed Zander departs, it could be two or three years before the phone maker's business turns around.

Sony Ericsson saw profit jump 55 percent in its latest fiscal quarter as the cell-phone maker shipped nearly 25 million units worldwide, the company said Wednesday.

Samsung Electronics reported a quarterly profit decline of 5 percent on Friday but shares rose to a 15 month high following speculation of a take-over bid from U.S. activist investor Carl Icahn.

Motorola Inc. (NYSE: MOT) said Wednesday that it expects another loss for its second quarter as mobile phone sales continue to slide.

Sony Corp. will launch a slimmer model of its PlayStation Portable handheld game player in September, in its latest attempt to ignite demand for its game hardware and compete better with Nintendo Co. Ltd.

HD DVD video players have outsold rival standard Blu-ray players by a three-to-one margin in Europe's main markets so far this year, according to a lobby group.

Germany's biggest Apple retailer is getting 1,000 enquiries every day about buying the new iPhone, which is expected to go on sale towards the end of the year, the retailer's head told a newspaper.

Fujitsu-Siemens Computers will start selling laptops with flash memory instead of hard drives this summer, bringing faster, lighter and more energy-efficient computers to the European mass market.

Japan's Nikkei average slipped 1.11 percent on Wednesday to its lowest finish in nearly two weeks, hurt by a tumble in U.S. stocks and a stronger yen.

A U.S. investment fund is putting pressure on NEC Corp. to give up control of its ailing chip making unit by offering $1.25 billion for a 25 percent stake, the latest foreign shareholder to apply heat on what they see as

Flat screen maker LG.Philips LCD Co. Ltd. swung to a quarterly profit after demand began to pick up, ending a run of four straight losing quarters, and forecast further price gains for the third quarter.

Surging cellphone demand from emerging markets is expected by analysts to have cemented Nokia's leading position in the April-June quarter, while third-placed Samsung is seen closing the gap on Motorola.

Apple Inc. (NASDAQ: AAPL) has garnered much attention with the release of its highly anticipated iPhone mobile phone, but one analysts suggested on Monday that the company will now shift its attention back to its iPod music player.

No. 2 microprocessor maker Advanced Micro Devices Inc. (AMD). invested $7.5 million for preferred stock in Transmeta Corp., the companies said on Friday, sending Transmeta shares up 32 percent.

Sony Corp.has no plans to cut the price of its PlayStation3 (PS3) at present to pep up demand and counter surging sales of Nintendo's rival game console Wii, Sony's president said on Friday.