ELECTRONICS

Struggling Japanese chipmakers NEC Electronics and Renesas Technology said they aim to turn an operating profit in the first year after their merger next April by outsourcing production and eliminating business overlap.

LG Electronics Inc, the world's No. 2 TV brand by revenue, set an aggressive sales target for 3D televisions, aiming to build a leadership position in an emerging market where competition is expected to heat up.

South Korean technology powerhouse Samsung Electronics named a new CEO on Tuesday and appointed the Samsung Group heir apparent to chief operating officer , as part of an organizational restructuring.

Google Inc plans to sell two versions of its own-branded cell phone: one with a service contract with T-Mobile USA and another that is unlocked, a source familiar with the matter said.

Google Inc will sell a version of its own-branded cellphone for a reduced price to U.S. consumers who agree to a service contract from Deutsche Telekom's T-Mobile USA, a source familiar with the matter said.

Chipmaker ON Semiconductor Corp said it will buy California Micro Devices Corp for about $108 million in cash, to strengthen its handset portfolio.

The world's first commercial mobile network using upcoming LTE technology opened on Monday in the capitals of Norway and Sweden, ahead of schedule.

Nearly a dozen photos of the Google Phone, or as it's formally known as, the Nexus One, has been posted online. The photos, posted on Engadget, show that the Smartphone comes with only four buttons which are touch sensitive. The phone has a new grid icon at the bottom of the home screen, which when pressed brings up a webOS card-style preview of all home screen pages, according to the post.

HTC's Nexus One, or the Google phone was approved on Monday by the U.S. Federal Communications Commission after HTC Corp., a Taiwan-based manufacturer of smartphones, filed for permission for the phone.

Google Inc plans to sell its own cellphone direct to consumers as soon as next year, bypassing wireless operators in a rare strategic move, the Wall Street Journal cited sources as saying on Saturday.

Apple Inc accused Nokia of anti-competitive practices and patent infringement on Friday, escalating a legal battle as they fight for market share in smartphones.

Microsoft Windows 7 sales are expected to rise in 2010, along with the demand for new hardware like PCs and servers, according to a Goldman Sach's IT spending survey forecast.

Apple Inc said it filed a countersuit against Nokia, claiming that the Finnish cellphone maker has pursued anti-competitive business practices and infringed on more than a dozen of its patents.

Apple Inc said on Friday that it filed a countersuit against Nokia, claiming that the Finnish cellphone maker is infringing 13 Apple technology patents.

The latest buzz online is that Dell is planning to unveil a tablet PC, possibly using the gala Consumer Electronics Shows in Las Vegas next month for its debut.

Nokia will close its only two flagship stores in the United States, in a sign its retail strategy of flashy brand-booster outlets is needing a refresh.

Ciena Corp posted a wider-than-expected quarterly loss due to rising costs, sending its shares down 4.8 percent in early trade despite revenue that handily beat Wall Street estimates.

Costco Wholesale Corp said quarterly profit rose slightly on higher international sales and a weaker U.S. dollar that offset the effect of rising gasoline prices.

Japan's Panasonic Corp said on Thursday it acquired 50.2 percent of Sanyo Electric Co Ltd, the world's largest rechargeable battery maker, completing a long-delayed 403.8 billion yen ($4.6 billion) deal.

Japan's Panasonic Corp said it acquired 50.2 percent of Sanyo Electric Co Ltd , the world's largest rechargeable battery maker, for 403.8 billion yen ($4.6 billion), as shares of Sanyo jumped the most in six months on the completion of the deal.

Nokia will close its two flagship stores in the United States, saving costs on a market where the world's top cellphone maker is struggling to gain ground.