Foxconn's Hon Hai Precision Industry Co. has set up a new research center devoted to display and touch technologies in Japan that could end up hiring staff away from Sharp.
Google is launching a new fund through which it will make later-stage investments in technology companies, a Google executive said Wednesday.
Aiming at health care as a key vertical market, Oracle has taken a minority stake in medical device maker Proteus Digital Health, which sells ingestible and wearable sensors for tracking health-related information.
Intel Capital, Samsung Venture Investment and Telefónica Digital have all invested in Expect Labs, whose technology is used to analyze and understand conversations in real-time and find related information.
Chinese Internet giant Alibaba Group has acquired an 18 percent stake in the Twitter-like Weibo service from Sina, as part of a partnership focused on social commerce and giving merchants on Alibaba the opportunity to connect and build relationships ...
Verizon Wireless reportedly has offered US$1 billion to $1.5 billion for some of Clearwire's spectrum leases, possibly complicating Sprint Nextel's attempt to buy out the company in conjunction with its acquisition by Softbank.
Intel is hoping to get more Chinese developers to back its products by forming a new joint innovation lab with the nation's largest search engine Baidu.
Verizon Communications is now accepting submissions for a contest in which the company will award US$10 million in prize money to individuals and organizations worldwide that come up with innovative ideas in education, health care and sustainability.
Reliance Industries and Reliance Communications are sharing infrastructure for the rollout of 4G services in India, apparently ending a dispute between the two Ambani brothers who head the companies.
Foxconn's Hon Hai Precision Industry Co. said it was still committed to buying a stake in Japanese display maker Sharp, and expects an investment could be completed within three months if a price can be agreed on.
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain.
Fujitsu has paid £800 million (US$1.2 billion) into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday.
Sharp will postpone a US$60 million investment from Qualcomm that was to come this month, after the two companies were unable to establish test production of a new type of low-power display for mobile devices.
Qualcomm has a big, well-funded research and development operation, but its program for commercializing new innovations is still a learning experience for the wireless chip maker.
Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display maker securing a US$110 million investment to supply LCD panels to rival Samsung Electronics.
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