Japanese consumer electronics giant Sony Corp. (SNE: News ) Monday agreed to sell its 50 per-cent stake in liquid-crystal displays, or LCD, panel manufacturing joint venture, S-LCD Corp, to South Korean conglomerate Samsung Electronics Co. Ltd. (SSNLF.PK: News ,SSNNF.PK: News ) for a cash consideration of about 1.08 trillion won, or nearly $940 million. The [...]
Police in several cities around the United States on Friday were called to stores to manage unruly shoppers seeking Nike’s new Air Jordan athletic shoes. Crowds overwhelmed shopping malls, a Montgomery County police officer was assaulted and several people were arrested locally in the frenzy surrounding the release of a new model of Air Jordans. [...]
Apple‘s acquisition of flash memory specialist Anobit has apparently been finalized, reports from Israel suggest, with the NAND controller company’s tech used to boost capacity, performance and reliability of storage in future smartphones, tablets and notebooks. Apple has bought Israel’s Anobit, a maker of flash storage technology, for up to $500 million, the Calcalist financial [...]
Amazon’s Kindle Fire tablet is on track to generate hundreds of millions of monthly advert impressions according to mobile ad network Millenial Media. Amazon.com announced late last week that Kindle devices remain the hottest products this holiday season – for the third week in a row, customers are purchasing well over 1 million Kindle devices [...]
Android phones and Apple Inc.’s (AAPL) iPhone continued to take market share from former market leader Research In Motion Ltd. (RIMM, RIM.T) and others this year. Apple’s share reached 29 per-cent, while BlackBerry maker Research In Motion’s share fell to 11 per-cent. Android and iOS continued to gain market share at the expense of struggling [...]
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