Motorola posts small profit, keeps No. 3 ranking
(Reuters)
31 Jul 2008 11:42 GMT
Reuters - Motorola Inc posted a small
profit on Thursday as it sold more mobile phones than expected
and narrowly kept its No. 3 global ranking in the mobile phone
market ahead of LG Electronics Inc (066570.KS).
Source: Yahoo Nokia to invest $150 mln in venture arm growth
(Reuters)
31 Jul 2008 11:23 GMTReuters - Nokia will invest a further $150
million into its venture investment arm, hoping to find
emerging Internet services from China and India, the world's
largest cellphone maker said on Thursday.
Source: Yahoo Nokia cuts phone prices across portfolio: sources
(Reuters)
31 Jul 2008 11:02 GMT
Reuters - Nokia (NOK1V.HE), the world's top
cellphone maker, cut prices of many of its phones by up to 10
percent in late July, with the steepest cuts in music and media
phones, according to market data and industry sources.
Source: Yahoo Alcatel-Lucent revenue declines, CEO and Chairman leave 29 Jul 2008 12:42 GMTCurrency fluctuations dragged Alcatel-Lucent's second-quarter revenue down 5.2 percent year on year, while its net loss doubled due to exceptional charges, it reported Tuesday. The company also announced the resignation of its CEO and Chairman.
Source: InfoWorld