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Nokia downgrades market forecast for 2nd time

HELSINKI, Finland - World-leading mobile phone maker Nokia Corp. on Thursday downgraded its fourth-quarter market outlook for the second time, saying the slowdown in the industry was bigger than expected.

TECH13 years ago

TECH

Credit crunch to spawn African telecom deals

JOHANNESBURG - The global financial crisis could trigger a round of deal-making in Africa’s telecoms industry as the biggest mobile operators pounce on smaller players struggling to raise funds to expand their networks.

TECH13 years ago

TECH

Hewlett-Packard looks to leasing to prime sales

TAIPEI - Hewlett-Packard HPQ.N, the world’s top personal computer seller, said on Thursday it is exploring new ways to help businesses afford PCs as many cut back on spending in the current economic downturn.

TECH13 years ago

TECH

Alcatel-Lucent says no plans to exit mobile

PARIS - Alcatel-Lucent is not planning to exit the mobile telecoms business, the French American telecoms gear provider said on Thursday in response to investor suggestions it should hive off the struggling unit.

TECH13 years ago

TECH

Automakers gear up for long slowdown

SEOUL/FRANKFURT - Car and truck makers around the world signalled fresh production cuts and job losses on Wednesday with some warning the slump in demand may extend until 2010.

TECH13 years ago

TECH

Training helps bloggers hone professionalism

Miami real estate agent Lucas Lechuga began blogging to share his knowledge of the local market. He didn't bargain for a $25 million defamation lawsuit when he wrote that a Miami developer had gone bankrupt decades ago.

TECH13 years ago