BlackBerry is counting on growth in emerging markets such as Brazil and Indonesia with a cheaper smartphone and a plan to expand the popular instant-messaging system that helped drive growth in those countries.
HTC Corp. dropped the most in almost two months in Taipei trading after forecasting margins for this quarter that missed analyst estimates, an indication its One handset may not be enough to restore earnings growth.
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.
BlackBerry’s Z10 smartphone has attracted record orders at Canadian wireless carrier BCE Inc., and analysts say sales are off to a strong start in the U.K., sparking a 23 percent stock rally over the past two days.
Infineon Technologies AG, Europe’s second-biggest chipmaker, fell the most in five months after Volkswagen AG reported car slower deliveries and headwinds in Europe, signaling weakening demand for semiconductors.
Google Inc. is relying on its planned $12.5 billion purchase of Motorola Mobility Holdings Inc. to forestall patent litigation and force settlements with Apple Inc. and Microsoft Corp. over smartphone technology.
Nokia Siemens Networks, the world’s second-largest maker of wireless phone systems, said it will pay $1.2 billion to buy wireless network assets from Motorola Inc. to expand in North America and Japan.
Huawei Technologies Co., China’s largest maker of telecommunications equipment, said it has an “open mind” about offering shares to the public after posting sales that probably surpassed Ericsson AB.’s.
ZTE Corp. said it’s seeking orders for faster wireless systems in Europe, Southeast Asia and South America as China’s second-largest maker of phone-network equipment tries to catch Alcatel-Lucent SA in market share.