Apple's China business strong in July and Aug: Cook to CNBC

Apple Inc's China business experienced "strong growth" in July and August, Chief Executive Tim Cook told CNBC on Monday, seeking to assuage investor concerns over the company's prospects in a market considered critical for its growth.

Sony counts cost of smartphone failures with £1.3bn projected loss

Sony will not pay a dividend for the first time in its 56-year history as a public company after it warned that troubles at its smartphone division will push it into an annual loss of more than ¥230bn (£1.3bn).

Apple keeps customers happy – and paying a little more each year

Does the wisdom of crowds apply to Apple? Because there is a large crowd of people who hate it. But usually with American companies that make huge amounts of money – such as mobile carriers or TV companies – the hatred comes from their own customers.

Samsung Electronics reports record-high profit for 3Q

SEOUL: Operating profit at Samsung Electronics hit another record high in the July-September quarter, likely driven by robust sales of its cheaper mid-range smartphones in developing countries.

China's Xiaomi poaches top Google exec

Chinese internet and smartphone company Xiaomi has poached Google executive Hugo Barra to help fulfill its ambition to become a global player.

Samsung sees record profits on smartphone sales

Samsung Electronics has estimated record profits in the three months to September, led by strong sales of its Galaxy smartphones.

Nokia slumps to €1.3bn loss under competition from Apple and Samsung

Nokia has announced the departure of its head of sales as the struggling mobile phone maker, beset by competition from Apple and Samsung and an under-par new product launch, slumped to a loss of €1.3bn (£1.1bn).

Nokia ends phone assembly in Europe, cuts jobs

HELSINKI: Nokia Corp. plans to end the assembly of cellphones in Europe by year-end as it shifts production to Asia and cuts another 4,000 jobs, its latest attempt to cushion its finances from stiff competition in the smartphone sector.