Windows 8 tablets hit 3 million shipped in first quarter
Microsoft and PC makers shipped a little more than 3 million tablets in the first quarter, according to preliminary results from Strategy Analytics.
Originally posted at News – Microsoft
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LG Electronics ships record 10.3 million smartphones
First-quarter earnings were down from a year ago but were still healthy thanks to a surge in smartphone shipments.
Originally posted at News – Mobile
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Sharp to take out $313 million in loans for ailing business — report
The company will reportedly obtain the loans this week from three different banks.
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Samsung said to be eyeing $107 million investment in Sharp
The ailing consumer-electronics maker is on its last legs, but things could be looking up since Qualcomm bought a minority stake in December and Samsung may be investing in the company too.
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Nokia injects $250 million into venture funding
The company says that it will focus on the “mobile ecosystem.” It also has bolstered its presence in China by appointing David Tang as its managing director there.
Originally posted at News – Mobile
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Philips sells audio, video unit to Funai for $202 million
The company says the move of the consumer-focused entertainment group will allow for a stronger focus on its health division.
Originally posted at News – Internet & Media
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Judge OKs $527 million Kodak patent sale
The final price is a lot less than the company wanted as it seeks to emerge from bankruptcy.
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Samsung, LG fined $35 million over alleged price fixing
Chinese government levies fines against both companies and four other display makers for reportedly rigging the prices of display panels.
Originally posted at News – Politics and Law
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Apple’s Tim Cook compensated just $4.2 million this year
That figure is substantially lower than the amounts given out in 2011 and 2010, but the drop has nothing to do with Cook’s performance.
Originally posted at News – Apple
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Qualcomm invests up to $120 million in Sharp, takes minority stake
The company is making the investment through its subsidiary Pixtronix.
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