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Motricity IPO Price Sinks to $64 Million

June 17, 2010 8:01 am | by Maisie Ramsay | News | Comments

Motriciy cut the price of its initial public offering for the second time in June, lowering its financial expectations to just a quarter its first IPO attempt in January.

Best Buy Posts Meager Q1 Profit Gain

June 15, 2010 7:59 am | by Maisie Ramsay | News | Comments

Consumer electronics retailer Best Buy said U.S. sales of laptops, mobile phones and appliances experienced "low double-digit" sales increases in its first quarter.

Embedded Devices: Module Vendors Talk Demand

June 14, 2010 12:28 pm | by Maisie Ramsay | Articles | Comments

With wireless connectivity spreading like weeds from handsets to laptops to machine-to-machine (M2M) and an increasing variety of consumer electronics, the companies that make the chips to support the connectivity are enjoying a boost to their bottom line.


Dell Lowers 1Q Profit to Build $100M Legal Reserve

June 11, 2010 8:08 am | by The Associated Press | News | Comments

Dell said Thursday that it lowered its first-quarter results by $100 million to set aside a $100 million reserve it may need to pay out as part of a settlement...

SIA: Chip Sales Soar 28% in 2010

June 10, 2010 8:17 am | by Maisie Ramsay | News | Comments

Sales of chips embedded in computers, cell phones and consumer electronics are expected to make a healthy recovery this year after last year's low point.

Texas Instruments Raises 2Q Estimates

June 9, 2010 8:05 am | by Maisie Ramsay | News | Comments

TI has raised the bottom end of its second-quarter financial guidance after a recovery in its industrial segment boosted sales of its power analogue and embedded processing products.

Motricity Lowers IPO Prospects to $101M

June 2, 2010 8:32 am | by Maisie Ramsay | News | Comments

Motricity expects its initial public offering to bring in less than half of the $250 million IPO it forecast in January, according to documents filed with the SEC.

Foxconn Raises Worker Pay by 30% After Suicides

June 2, 2010 8:29 am | by Annie Huang, Associated Press Writer | News | Comments

Taiwan's Foxconn Technology Group, shaken by a spate of suicides at its China plants, said Wednesday it is raising the pay of workers by 30 percent...


Taiwan's Foxconn Raising Pay for Workers

May 28, 2010 7:38 am | by Anne Huang, Associated Press Writer | News | Comments

The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an average of 20 percent.

Lenovo Misses Estimates Amid Mobile Expansion

May 27, 2010 7:45 am | by Maisie Ramsay | News | Comments

Lenovo swung to a profit on rising demand for its personal computers but missed analysts' expectations as it spent money to expand its mobile phone business.

FCC Survey: ETFs, Bill Shock Still Baffle Consumers

May 26, 2010 7:55 am | by Andrew Berg | News | Comments

The FCC today released the findings of an agency survey on the consumer mobile experience that shows one in six mobile users have experienced "bill shock".

Walmart Slashes Price on iPhone 3GS

May 25, 2010 7:56 am | by Andrew Berg | News | Comments

Walmart Tuesday said that it will drop the price on the 16GB iPhone 3GS to $97, cutting the price by more than half...

Why Retail Stores Must Be a Top Priority

May 21, 2010 11:35 am | by Chris King, Oracle Communications | Articles | Comments

To keep up with the growing popularity and complexity of wireless services and devices, more service providers are opening their own phone stores or expanding their brick-and-mortar retail arms.


Google: Nexus One 'Profitable'

April 16, 2010 8:06 am | by Maisie Ramsay | News | Comments

Google gave a rosy outlook on its various forays into the mobile space during its first-quarter results despite low sales estimates...

Sony Ericsson Finds Profitability in Q1

April 16, 2010 8:04 am | by Andrew Berg | News | Comments

Sony Ericsson today announced better than expected earnings for the first quarter of 2010.

Small Businesses Get Busy with the FCC's Broadband Plan

April 14, 2010 11:36 am | by Steve Hilton, Analysys Mason | Articles | Comments

Over the past several months, I've been talking with the FCC about its small business broadband public-private partnership. The partnership is a piece of the National Broadband Plan.

iSuppli: Another Challenging Year for Handset Makers

April 14, 2010 8:35 am | by Andrew Berg | News | Comments

Following on the heels of a vicious economic environment, iSuppli is predicting another harsh year ahead for contract manufacturers.

India 3G Spectrum Auction Nears $1B Mark

April 12, 2010 8:01 am | by Maisie Ramsay | News | Comments

Bids for 3G spectrum licenses in India's biggest markets are approaching $1 billion apiece just three days into the two-week auction.

China 3G Boosts ZTE Profits

April 9, 2010 8:17 am | by Maisie Ramsay | News | Comments

Chinese infrastructure company ZTE posted a 48 percent increase in profits due to lucrative contracts to construct China's 3G networks.

Chip Sales Continue Recovery

April 5, 2010 7:05 am | by Maisie Ramsay | News | Comments

The Semiconductor Industry Association (SIA) said chip sales continued to recover in February as demand for computers and cell phones drove revenue.

Huawei Profit Soars to $2.7B

March 31, 2010 8:17 am | by Maisie Ramsay | News | Comments

Huawei said its net profit more than doubled in 2009 thanks to rising sales, favorable exchange rates and lucrative contracts.

iPhone Report Does Number on Stocks

March 31, 2010 8:14 am | by The Associated Press | News | Comments

Apple shares reached an all-time high Tuesday after a newspaper report said the iPhone could find a new U.S. sales outlet through Verizon Wireless.

Meru Raises $65.8M in IPO

March 31, 2010 8:06 am | by Monica Alleven | News | Comments

WLAN solutions provider Meru Networks rang the Nasdaq opening bell today as its initial public offering raised $65.8 million.

Palm Posts Narrowed Losses, Problematic Device Surplus

March 19, 2010 8:24 am | by Maisie Ramsay | News | Comments

Palm said it shipped more than twice the number of devices it sold during its third fiscal quarter as sales of its hallmark devices...

Cook Rakes in Big Bonus for Sub Work

March 15, 2010 8:27 am | by Andrew Berg | News | Comments

You don't cover for Steve Jobs and go away empty handed. According to a recent 8K filing with the Securities and Exchange Commission...

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