Shares in Ericsson plunge about 24 per cent after 3rd quarter shock warning

October 16, 2007

Canadian Press - STOCKHOLM, Sweden - LM Ericsson shares plunged nearly 24 per cent Tuesday as the wireless network company unexpectedly cut its third-quarter forecast, the latest cellphone technology company to feel the pinch of slowing sales worldwide.

Samsung to launch its first-ever GPS phone

October 16, 2007

Reuters - Mobile phone maker Samsung Electronics
Co Ltd (005030.KS) said on Tuesday it would launch its
first-ever phone incorporating a Global Positioning System
(GPS).

Major airlines agree on bar code standard for check-in by cellphone

October 16, 2007

Canadian Press - GENEVA - Major airlines have agreed on a standard that will allow travellers to check in using a bar code sent to their cellphones, the International Air Transport Association said at a meeting in Geneva.

Samsung Unveils Smartphones With Symbian Software

October 16, 2007

TechWeb - The phones offer features such as GPS, fast 3G data speeds, cameras, and a Symbian version of Google Maps.

Nokia to launch touch-screen version of S60 software

October 16, 2007

A man talking on his mobile phone walks past Nokia's flagship store in Helsinki August 16, 2007. Photo taken August 16, 2007. Nokia said on Tuesday a touch-screen version of its popular S60 smartphone software would be ready in 2008. (Bob Strong/Reuters)Reuters - Nokia (NOK1V.HE), the world’s largest
cellphone maker, said on Tuesday a touch-screen version of its
popular S60 smartphone software would be ready in 2008.

LG Electronics’ Q3 profit soars amid strong handset sales

October 16, 2007

Canadian Press - SEOUL, South Korea - LG Electronics Inc., a major producer of mobile phones and consumer electronics, said Tuesday that third-quarter net profit surged nearly 15-fold amid record handset sales and better performance by its flat panel joint venture LG.Philips LCD Co.

Ericsson leads Europe’s stock markets lower

October 16, 2007

FT.com - Swedish mobile phone maker Ericsson fell steeply in early trade on Tuesday, taking other European handset manufacturers with it after warning third-quarter profits would be shy of forecasts.

Ericsson leads Europe’s stock markets lower

October 16, 2007

FT.com - Swedish mobile phone maker Ericsson sank steeply in early trade on Tuesday, taking other European handset manufacturers with it after warning third-quarter profits were shy of forecasts.

Sony Ericsson sells 50 per cent stake in unit to rival Motorola

October 15, 2007

Canadian Press - STOCKHOLM, Sweden - Mobile phone maker Sony Ericsson Mobile Communications AB on Monday said it has agreed to sell a 50 per cent stake of UI Holdings BV to rival Motorola Inc.

Spain’s top 3 cell phone companies probed for collusion

October 15, 2007

A woman crosses a Spanish mobile operator's Movistar logo at the 3GSM World Congress in Barcelona February 15, 2007. Spain's National Competition Commission is investigating whether Movistar, Vodafone and France Telecom's Orange coordinated a rise in their tariffs in March, the Consumer and Users Organisation said. (Albert Gea/Reuters)Reuters - Spain’s competition watchdog has opened
a probe of the country’s three largest mobile phone operators
for possible collusion, Spain’s Consumer and Users Organisation
said on Monday.

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