ELECTRONICS

Sprint to sell Palm Pre for $200 after rebate

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Sprint Nextel Corp said it will sell Palm Inc's long-awaited Pre smartphone starting on June 6 for $199.99 with a two-year service agreement, in line with Apple Inc's iPhone price.

AT&T mulls cheaper plans for iPhone

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AT&T Inc is considering offering cheaper data service plans with limited Web surfing for advanced cellphones including Apple Inc's iPhone.
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Wal-mart steps up consumer electronics push

Wal-Mart Stores Inc said on Tuesday it is expanding its assortment of hot electronics, like Blu-ray DVD players and high-definition TVs, and freshening the look of its 3,500 U.S. electronics departments as the retailer seeks to grab market share.
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Japan Tech Earnings Round Up

Nine major Japanese electronics companies gave the financial report for FY 2008 by May 15, and all but Mitsubishi Electric Corporation reported loss.
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Marvell: 1 in 2 phones will soon be smartphones

Marvell Technology Group Ltd Chief Executive Sehat Sutardja said he expects multimedia-enabled smartphones to account for at least 50 percent of all cell phones in the next three to four years, and grow even more popular in the following years.
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Mobile chip firms see better second quarter

The wireless chip firms ARM and ST-Ericsson said they expect market to improve in the second quarter, helped by clients restocking, but said the rest of 2009 looked uncertain.
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Samsung bets on LCD TVs despite downturn

Samsung Electronics, the world's top TV brand, aims to outperform the overall flat-panel television market's growth this year, thanks in part to its newly launched LED models, a senior official said.
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Asian consumers go back to basics in downturn

Forget about bells and whistles. Asians have gone back to basics in the economic slowdown and are opting for no-frills, lower-priced products rather than brand names and items with fancy features that rarely get used.
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Wal-Mart targets electronics customers: report

Wal-Mart Stores Inc is revamping the electronics departments in its stores to attract customers who previously shopped at the now defunct Circuit City Stores Inc, according to The Wall Street Journal.
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Panasonic posts record loss, sees tough year

Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and hefty restructuring costs.
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Panasonic posts record Q4 loss, sees tough year

Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and restructuring costs.
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Sony eyes frail recovery

Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
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Sony sees second straight loss, eyes frail recovery

Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
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Sony reports loss, sees another year of red ink

Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it projected another year of red ink during which it will close eight factories worldwide.

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