Japan Display Inc., which supplies liquid-crystal displays to Apple Inc., is expanding a factory that makes panels for smartphones and tablet computers as the yen’s weakness helps spur overseas demand.
Dell Inc.’s special committee asked billionaire Carl Icahn for more information about his proposed takeover of the personal-computer maker, made last week as a challenge to founder Michael Dell’s $24.4 billion buyout.
Jefferies Group LLC, the investment bank that Carl Icahn says may help finance his takeover bid for Dell Inc., told clients in a research report that the computer company’s investors are more likely to favor a competing offer.
BlackBerry, the Canadian smartphone maker, climbed to its highest level in more than a month after Chief Executive Officer Thorsten Heins said he sees sales of its new Q10 device to be in the “tens of millions.”
Apple Inc. dropped below $400 for the first time since December 2011 after one of its audio-chip suppliers, Cirrus Logic Inc., reported an inventory glut that suggests iPhone sales may fall short of analysts’ expectations.
Apple Inc. is shifting production of iPhone and iPad displays to Sharp Corp. in Japan and may introduce a television with screens from the same partner as early as the middle of 2012, Jefferies & Co. said.
BlackBerry, which is attempting a comeback with a new lineup of smartphones, reported a surprise profit in the fourth quarter after embarking on a cost-cutting program last year, even as sales continued to trail projections.