Mobile/Wireless

China's WeChat sends a message to Line and Kakao in their home turf

Mobile messaging apps Line and Kakao Talk are busy trying to conquer overseas markets such as Southeast Asia and India. But they may do well to keep a close eye on their home turf of Japan and South Korea as China's WeChat amasses more users.


Samsung Electronics earmarking cash for growth, including M&A

Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamor for bigger dividends.

Japan's old flip-phones soldier on while smartphones shrink

Japanese shipments of traditional flip-phones rose in 2014 for the first time in seven years while smartphone shipments fell, highlighting Japanese consumers' tenacious attachment to the familiar and typically less expensive older models.

China's Xiaomi to start small in U.S., with earphones and bands

Xiaomi [XTC.UL], China's largest smartphone company, will begin selling headphones, smart wristbands and other accessories online in the United States in coming months, taking its first tentative step onto Apple Inc's home turf without its signature Mi mobile devices.


Latest News

South Korean smartphone maker LG Electronics Inc said on Thursday that it encountered no overheating problems with Qualcomm Inc's new Snapdragon processor that is powering a curved-screen device going on sale later this month.
Chinese internet heavyweight Tencent Holdings Ltd apologized on Monday for rewarding WeChat app users who sent a message with the English phrase "civil rights" with a screen full of fluttering U.S. flags.
China's Xiaomi Inc [XTC.UL] has agreed to buy about 3 percent of software firm Kingsoft Corp Ltd from Tencent Holdings Ltd for HK$527 million ($67.99 million), according to a Kingsoft filing on Monday.
China's Xiaomi Inc [XTC.UL] staked its claim to Apple Inc's crown on Thursday as the world's third-biggest smartphone maker and most valuable tech start-up unveiled the flagship Mi Note, its challenger to Apple's iPhone 6 Plus.
Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
Global smartphone leader Samsung Electronics Co Ltd on Thursday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilized in the short term.
Fast-growing Chinese tech firm Xiaomi Technology Ltd Co [XTC.UL] booked 74.3 billion yuan ($11.97 billion) in pre-tax sales last year, up 135 percent from 2013, the firm's chief executive Lei Jun said on his official microblog account on Sunday.
Huawei Technology Co Ltd's [HWT.UL] smartphone sales rose by almost a third to $11.8 billion in 2014, according to an internal memo seen by Reuters, showing the Chinese telecoms firm's continued ascent in the global handset wars.
China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.
BlackBerry Ltd (BB.TO) is working with Boeing Co (BA.N) on Boeing's high-security Android-based smartphone, the Canadian mobile technology company's chief executive said on Friday.
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