SMARTPHONE

C&W Comms profit boosted by smartphone use

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Telecoms firm Cable and Wireless Communications said profit rose 9 percent in the first half, beating a consensus forecast, after receiving a boost from growing smartphone use in Macau, Panama, Monaco and the Maldives.
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LG Elec shares tumble nearly 15 percent

Shares in LG Electronics plunged by nearly the daily limit of 15 percent late on Thursday, hit by market talk the company was planning a $890 million share sale to support its ailing smartphone business and unprofitable flat-screen unit.
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2. Sony Forecasts 4th Straight Loss, Cuts TV Sales

Sony Shares Sink on Massive Loss Forecast

Sony Corp. warned of a fourth straight year of losses, with its television unit alone set to lose $2.2 billion on tumbling demand and a surging yen, sinking its U.S. shares and raising concerns about the viability of its high-profile TV business.
A Sony logo is pictured at an electronic shop in Tokyo

Sony Forecasts 4th Straight Loss, Cuts TV Sales

Sony Corp said it is headed for its fourth straight annual net loss, instead of a profit it forecast earlier, as Thai floods disrupted camera production, adding to losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.
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Lenovo Q2 Profit up 88%, Beats Forecast

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
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Sony Slashes Forecast to Fourth Straight Loss

Sony Corp said it is now headed for its fourth straight annual net loss instead of a profit as Thai floods disrupt camera production on top of losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Slashes Annual Operating Profit f'cast by 90 pct

Sony Corp on Wednesday slashed its full-year operating profit outlook by 90 percent to its lowest level in three years as Thai floods disrupt camera production at the Japanese company, which is already struggling with a soaring yen and sluggish television sales in the U.S. and Europe.
Nokia Lumia 710

Nokia Smartphones Debuting in U.S. in Early 2012

Nokia my be the world's biggest smartphone maker, but in terms of smartphones, they are lagging way behind several other makers, especially in the U.S. Now comes word Nokia will take their new Windows Phone lineup of smartphones to the U.S. in early 2012 and will available on multiple carriers, Nokia's CEO Stephen Elop told Bloomberg.

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