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Date: 2013-01-25
Technology News:
Company News:
Asian shares down; Seoul hit by weak techs but Nikkei surges
US-MARKETS-GLOBAL:Asian shares down; Seoul hit by weak techs but Nikkei surges
By Chikako Mogi

TOKYO (Reuters) - Asian shares fell on Friday, hurt by a drop in regional technology stocks, although gains in Australia and Japan contained overall losses for equities.

The MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000P...


Samsung Electronics expects global PC market to shrink 5 percent in 2013
US-SMARTPHONE-SHARES:Samsung Electronics expects global PC market to shrink 5 percent in 2013
SEOUL (Reuters) - Samsung Electronics Co, the world's top memory chipmaker, said it expects the global personal computer market to shrink by 5 percent this year as consumer demand continues to shift to mobile devices such as tablet computers.

The PC market declined for the first time i...


Samsung puts lid on spending for first time since financial crisis
US-SAMSUNG-EARNINGS:Samsung puts lid on spending for first time since financial crisis
SEOUL (Reuters) - Samsung Electronics Co turned cautious on spending for the first time since the global financial crisis, keeping its annual investment plan unchanged at 2012 levels, as demand for computer chips wanes and the smartphone market slows.

Samsung, one of the industry's mos...


AT&T subscriber growth beats but profit margin misses
US-ATT-EARNINGS:AT&T subscriber growth beats but profit margin misses
By Sinead Carew

NEW YORK (Reuters) - AT&T Inc's fourth-quarter profit was lower than expected but the telephone company promised earnings and revenue growth this year even if the economy does not improve.

Along with growth from its existing business, Chief Executi...


Cisco sells home networking business to Belkin
US-CISCO-BELKIN:Cisco sells home networking business to Belkin
By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Cisco Systems Inc is selling its home networking business to Belkin, the networking giant's latest move to exit the consumer business.

The companies did not disclose the financial terms of the deal, which Belkin said o...


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