AFP – India banned pre-paid mobile telephones in Kashmir on Friday, state television reported, following concerns that militants were using them to trigger bombs and hide their identities.
Reuters – The global cellphone market is set to grow in the holiday sales-fueled October-to-December quarter, after four quarters of falls, raising fears of pricing battles, analysts said on Friday.
AP – Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products from flat screen televisions to mobile phones.
Reuters – Sony Corp (6758.T) and Panasonic Corp (6752.T) signaled the worst may be over for the world’s two largest consumer electronics makers as they raised their full year outlooks, helped by cost cuts.
Reuters – Sony Corp (6758.T) posted a loss for a fourth consecutive quarter, hit by sluggish cellphone sales and as it cut prices of its PlayStation 3 game console, but it narrowed its full year loss forecast.
AP – Apple’s iPhone is making its long-awaited formal debut in the world’s most populous mobile phone market, without a key feature and at higher prices than widely available black market models.
Reuters – Samsung Electronics (005930.KS), the world’s top maker of memory chips and LCD screens, reported on Friday its best ever quarterly net profit on a resurgent memory sector and forecast a strong 2010.
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