Nokia Siemens Networks (NSN) will object in bankruptcy court to Ciena's $769 million purchase of Nortel's optical networking and carrier ethernet business, and is ready to raise its offer to $810 million in cash, a Nokia Siemens spokesman said on Tuesday.
Top mobile phone maker Nokia said on Tuesday it filed suits in Britain and the United States last week alleging a number of leading technology firms operate cartels for mobile phone and monitor displays.
Apple has seen about 60,000 units of iPhones sold in South Korea on its debut on Saturday, which is pretty good as the nation has already reported 400,000 smartphones sales in the third quarter.
Online retail sales on Cyber Monday are set to reach a new record, with rivals Amazon.com Inc and Walmart.com set to be the prime beneficiaries, according to industry experts.
Holiday sales of Sirius XM Radio's satellite radio players are so far matching expectations, helped in part by an advertising blitz featuring footage of Elvis Presley and Michael Jordan.
Nokia plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.
Worldwide server revenue tumbled 15.5 percent in the third quarter to $10.7 billion, industry tracker Gartner said on Monday, with four of the top five vendors posting double-digit declines from a year ago.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
Nokia plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association said.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
The Michael Jackson documentary This Is It will be released on DVD and Blu-ray Disc on January 26.
Nokia Oyj plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.
Samsung Electronics, the world's No. 2 mobile phone maker, gave an upbeat forecast for 2009 mobile phone sales due to sharp growth in touchscreen models, but surging sales may not guarantee higher margins.
Retailers Protect Profits; Business at the White House; Beijing Auto's SAAB Option
Sales may have risen only slightly on Black Friday as U.S. shoppers sought deals on electronics, toys and clothes, but retailers appeared to have been better-prepared to protect margins against tepid results.
Sales may have risen only slightly on Black Friday as U.S. shoppers sought deals on electronics, toys and clothes, but retailers appeared to have been better-prepared to protect margins against tepid results.
Ailing telecom equipment maker Nokia Siemens Networks has changed its business focus to increasing its market share, the new chief executive of the venture was quoted as saying on Sunday.
Ailing telecom equipment maker Nokia Siemens Networks has changed its business focus to increasing its market share, the new chief executive of the venture was quoted as saying on Sunday.
Nokia needs to speedily boost its offering of mobile internet solutions, marketing head Anssi Vanjoki told a German magazine and did not rule out a sale of its core handset manufacturing business in the long term.
Apple's iPhone will be released for the first time in South Korea this Saturday and is available from KT Corporation, the country's second largest mobile carrier. The iPhone will be offered in three different models, with a price range of $342 to free, depending on the service plan chosen.
China's Lenovo, the world's No.4 PC seller, said on Friday that it will pay $200 million to reaquire the cellphone business it sold off 1-½ years ago, as the lines blur between mobuile phones and PCs.
