SEOUL (Reuters) - Samsung Electronics Co Ltd is buying more local bonds with its $60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant.
The investments by the world's biggest smartphone maker underscore the challenge of managing its huge and growing reserves, with banks increasingly wary that it could withdraw short-term deposits upon maturity and create funding problems.
TOKYO - SoftBank Corp CEO Masayoshi Son, who has met resistance from U.S. regulators to a possible acquisition of wireless carrier T-Mobile US Inc, on Tuesday said there had been new movement in the past few months and expressed hope for more discussion.
He reiterated in an interview with a handful of reporters his stance that it would be good for U.S. consumers if his Sprint Corp, the No.3 U.S. mobile provider which SoftBank acquired last year, could become bigger and compete more effectively with the two largest carriers.
WASHINGTON (Reuters) - A surge in mobile Internet usage has U.S. regulators considering whether to apply the same rules to fixed and wireless Internet traffic, and large technology firms are siding with consumer advocates to call for such a change.
WASHINGTON (Reuters) - Handsets made by ZTE Corp and Nokia, now owned by Microsoft Corp, do not violate InterDigital Inc's patents for wireless phones, a U.S. International Trade Commission judge said in a preliminary ruling released on Friday.
The full commission is expected to issue a final ruling in October.
InterDigital shares plunged more than 10 percent on the ruling, and but they recovered somewhat and were down about 7.3 percent in late-afternoon U.S. trading.
Beijing, May 28, 2014 / CEI / -. "Currently, China Mobile, which owns 780 million users, the majority are still using 2G phones," China Mobile chairman Xi Guohua said at the shareholders meeting, the need to push customers to upgrade 3G and 4G, last year the company data flow and therefore the amount of explosive revenue growth. China Mobile CEO Li Yue introduced by Tencent micro-channel business impact, short message service first four months of the company fell more than 20%.
Swiss M2M module maker u-blox has announced a $28 million takeover of Wi-Fi specialist connectBlue in a move aimed at bolstering its short-range Internet of Things (IoT) strategy.
u-blox said the acquisition would enhance its portfolio of positioning and cellular technologies, allowing it to better support connectivity over the “last hundreds of meters” between equipment and the internet.
M2M Spectrum Networks (M2M SN) says TrueNet Communications and Edge Communications will provide turnkey managed network services for its soon-to-be-launched US network.
The agreement will see TrueNet (Jacksonville, FL, USA) provide field services and Edge supply advanced network management services, said the operator.
M2M SN (Phoenix, AZ, USA) exploded on to the US M2M scene in April, when it unveiled plans to build and operate what it claims will be the first dedicated M2M network in the country.
European Union antitrust regulators are asking British retailers whether the 3.8-billion-pound ($6.40 billion) merger of mobile phone retailer Carphone Warehouse and Dixons Retail will push up the prices of mobile phones and tablets.
Carphone (London, UK), Europe's largest independent mobile phone retailer, and Europe's No. 2 electrical products group, hope the merger will help them capitalize on the growing popularity of smartphones connected to consumer electronics such as ovens and fridges.
The global market for M2M modules is set to double in value between now and 2018, to around $2.9 billion, according to new data from Infonetics Research.
“The services built upon mobile M2M modules, such as fleet management and connected car, are already a sizeable business and are growing much faster than traditional business lines,” said Godfrey Chua, the directing analyst for M2M and the Internet of Things at Infonetics.
Semiconductor specialist Broadcom has launched a new Bluetooth-enabled system-on-a-chip designed to support emerging Internet of Things (IoT) applications.
The device includes advanced security features and support for Apple’s (Cupertino, CA, USA) iBeacon indoor positioning system.
The company says it is responding to the increase in privacy concerns triggered by the steady rise in data sharing across smartphones, tablets, wearables, home appliances, healthcare products and sensory applications.