International Business News - NOK http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The tech sector's attention was captured by two major deals this week, as Hewlett-Packard Co. said it will buy Electronic Data Systems Corp. for $13.2 billion and CBS Corp. agreed to acquire CNET Networks Inc. for $1.8 billion. http://www.ibtimes.com/articles/20080516/tech-roundup-hp-nabs-eds-cbs-grabs-cnet.htm Fri, 16 May 2008 16:29:55 EDT Verizon Wireless is backing a free operating system that competes with programs from Microsoft Corp., Google Inc. and Qualcomm Inc. and expects it to become the "preferred" software on its network. http://www.ibtimes.com/articles/20080514/verizon-wireless-to-introduce-linux-phones.htm Wed, 14 May 2008 10:51:23 EDT Personal navigation device make TomTom NV on Wednesday won European Union approval to buy mapmaker Tele Atlas NV, with regulators saying it was unlikely the deal would limit competition. http://www.ibtimes.com/articles/20080514/tomtom-wins-eu-ok-for-tele-atlas-bid.htm Wed, 14 May 2008 05:27:26 EDT Most handset makers' shares declined Tuesday, with Research In Motion Ltd.'s stock dipping despite some price target increases from analysts on the day after it unveiled a new BlackBerry model and hit an all-time high. http://www.ibtimes.com/articles/20080513/sector-snap-handset-stocks-mostly-decline.htm Tue, 13 May 2008 13:26:38 EDT Handset makers' shares mostly rose Monday, with Research In Motion Ltd. leading the sector after the company unveiled the Bold _ its first major new BlackBerry model in over a year. http://www.ibtimes.com/articles/20080512/sector-snap-most-handset-stocks-rise-rim-jumps.htm Mon, 12 May 2008 13:35:30 EDT Sprint Nextel Corp. has finally rounded up the financial backing it needs to build a faster wireless network. But for consumers and the electronics industry, speed may be the least important thing about the new network. http://www.ibtimes.com/articles/20080507/joint-sprint-clearwire-network-could-boost-consumer-power.htm Wed, 07 May 2008 16:15:58 EDT Most handset stocks dipped Wednesday, with Motorola Inc.'s shares declining even as an analyst indicated the struggling cell phone maker is likely to benefit from the combination of Clearwire and Sprint Nextel Corp.'s wireless broadband units. http://www.ibtimes.com/articles/20080507/sector-snap-most-handset-stocks-decline.htm Wed, 07 May 2008 13:33:33 EDT Shares of Multi-Fineline Electronix Inc. surged in Wednesday morning trading after the electronics components maker's fiscal second-quarter results exceeded analyst expectations. http://www.ibtimes.com/articles/20080507/out-of-the-gate-multi-fineline-electronix-climbs.htm Wed, 07 May 2008 10:35:20 EDT The technology sector's week kicked off with solid first-quarter earnings from Verizon and ended with the Microsoft-Yahoo takeover saga intensifying amid reports that the two were in active talks and the software giant has raised its bid for the Internet icon. http://www.ibtimes.com/articles/20080502/tech-roundup-microsoft-yahoo-saga-heats-up-sun-disappoints.htm Fri, 02 May 2008 16:41:03 EDT Adobe Systems Inc. says it will license its video-enabling Flash software for free for mobile devices to help developers make mobile Internet experiences more closely resemble the experience on computers. http://www.ibtimes.com/articles/20080501/adobe-plans-to-give-away-flash-for-mobile-devices.htm Thu, 01 May 2008 00:02:03 EDT Navteq Corp., which creates mapping software for digital navigation devices, on Wednesday said its first-quarter profit rose 9 percent on a 40 percent jump in sales. http://www.ibtimes.com/articles/20080430/navteq-posts-9-percent-rise-in-1q-profit-on-big-sales-gains.htm Wed, 30 Apr 2008 18:01:44 EDT Consumer navigation devices have gone from expensive gadgets to mainstream gear in just three years, but Europe's largest maker is struggling. The experience of Netherlands-based TomTom NV _ which saw earnings fall 83 percent in the first quarter _ suggests the market for stand-alone global-positioning systems is at a turning point. http://www.ibtimes.com/data/articleimgs/42134-gps-challenge.jpg http://www.ibtimes.com/articles/20080425/gps-market-at-turning-point-with-sliding-prices-demand-off.htm http://www.ibtimes.com/articles/20080425/gps-market-at-turning-point-with-sliding-prices-demand-off.htm Fri, 25 Apr 2008 13:55:18 EDT Global mobile phone sales continued to surge in the first quarter, when shipments reached 282 million despite an economic downturn, research firm Strategy Analytics said Friday. http://www.ibtimes.com/articles/20080425/report-global-cell-phone-sales-up-14-pct-in-1q.htm Fri, 25 Apr 2008 13:11:50 EDT Samsung Electronics said Friday its profit rose 37 percent in the first quarter as strength in mobile phones and liquid crystal displays offset weakness in semiconductors. http://www.ibtimes.com/data/articleimgs/42097-south-korea-samsung.jpg http://www.ibtimes.com/articles/20080425/profit-rises-at-samsung-plunges-at-toshiba.htm http://www.ibtimes.com/articles/20080425/profit-rises-at-samsung-plunges-at-toshiba.htm Fri, 25 Apr 2008 09:57:46 EDT Samsung Electronics said Friday that net profit jumped 37 percent in the first quarter amid strong demand for mobile phones in emerging markets. Samsung earned 2.19 trillion won ($2.2 billion) in the three months ended March 31, compared with 1.6 trillion won in the same period last year, the company said in a statement to South Korea's financial regulator. http://www.ibtimes.com/articles/20080425/samsung-electronics-1q-profit-up-37-pct-sales-up-19-pct.htm Fri, 25 Apr 2008 10:12:05 EDT Samsung Electronics said Friday that net profit jumped 37 percent in the first quarter amid strong demand for mobile phones in emerging markets. Samsung earned 2.19 trillion won ($2.2 billion) in the three months ended March 31, compared with 1.6 trillion won in the same period last year, the company said in a statement to South Korea's financial regulator. http://www.ibtimes.com/articles/20080424/samsung-electronics-1q-profit-sales-rise-37-percent.htm Thu, 24 Apr 2008 21:57:14 EDT Chip maker Qualcomm Inc. posted a 5.5 percent increase in its fiscal second-quarter profits Wednesday and _ unlike other wireless industry heavyweights _ gave a modestly upbeat assessment of its prospects for the next three months and the rest of the year. http://www.ibtimes.com/articles/20080423/qualcomms-2q-profit-up-6-percent-on-strong-sales.htm Wed, 23 Apr 2008 18:13:27 EDT Research In Motion Ltd., the maker of the BlackBerry, said Wednesday that it will locate its European research and development center in the city of Bochum. http://www.ibtimes.com/articles/20080423/rim-sets-up-german-research-center.htm Wed, 23 Apr 2008 12:10:51 EDT Sony BMG is joining Universal Music Group in allowing users of select Nokia mobile phones access to its entire music catalog later this year. Nokia Corp.'s "Comes With Music" program will allow users who buy select cell phone models to download any song from Sony BMG's catalog onto their phone or their computers during the first 12 months of owning such a device. Nokia announced a partnership with Universal last fall, and now has brought Sony BMG aboard. http://www.ibtimes.com/articles/20080422/sony-bmg-joins-universal-in-offering-catalog-on-nokia-phones.htm Tue, 22 Apr 2008 09:08:57 EDT Texas Instruments Inc.'s first-quarter profit and sales were almost exactly what Wall Street expected, but the company's comments about a weak market for chips used in high-end mobile phones sent its shares lower. http://www.ibtimes.com/articles/20080422/ti-profit-rises-28-pct-but-weak-outlook-sends-shares-lower.htm Tue, 22 Apr 2008 00:14:56 EDT