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Swedish network equipment vendor Ericsson (ERIC) suffered a fall in first-quarter earnings as strong sales in North America failed to compensate for restructuring charges and low margins on network rollouts.Ericsson has struggled with sluggish demand in past quarters as the telecom operators which buy its network equipment have been slow to invest during the global economic slowdown. Its profit margins have also suffered as the company has pursued low-margin network upgrade contracts in Europe in order to boost its market share.Ericsson's closely-watched gross margin fell to 32% in the first quarter from 33.3% a year earlier, against expectations for 33.1%.Still, Chief Executive Hans Vestberg reiterated the company's earlier expectations that the negative margin impact from network modernization projects in Europe will gradually decline in the current year."While macroeconomic and political uncertainty continues in certain regions, the long-term fundamentals in the industry remain attr...
Taiwanese smartphone maker HTC Corp. (2498.TW) needs to improve its products, quality, brand awareness and internal communications in order to stay competitive in th...
Each year, 24/7 Wall St. identifies 10 important American brands that we predict are going to disappear within a year. This year's list reflects the brutally competi...
Global smartphone sales increased 47.3% to 149 million units in the fourth quarter of 2011, according to market research firm Gartner. Total smartphone sales for the...
Apple Inc. (AAPL) overtook Samsung Electronics Co.'s (005930.SE) position as the world's top vendor of smartphones in the fourth quarter, industry research firm Gart...
Apple and Samsung are in the midst of a patent-fueled war with no end in site, but the pair has also inadvertently joined forces to make it increasingly difficult fo...
ARM Holdings President Simon Segars on the company’s growth and the expanding number of consumer products that use the company’s technology.
Apple, Inc.'s (NASDAQ:AAPL) strong quarterly report with significant upside to iPhone units and solid upside to iPad would naturally be viewed as a positive for Appl...
Japan's Sony and Panasonic both had their debt ratings downgraded on Friday by Moody's Investors Service, which cited concerns about continued losses in their TV div...
Facebook on Wednesday evening announced new applications that can be used to populate users’ Facebook Timelines with new information. The initial launch apps include...
Mobile phone maker Sony Ericsson on Thursday said that it swung to a fourth-quarter pre-tax loss of 247 million euros ($317 million) against a profit of 35 million e...
Welcome to OnSale at FOXBusiness, where we look at cool deals and insane bargains.Get a dozen days of giveaways thanks to this new app and pay attention to trailers ...
2011 has been a great year for mobile phones as worldwide sales of mobile devices totaled 440.5 million units at the end of the third quarter of 2011. The market gre...
Slumping shares of Yelp Inc. and Akamai Technologies highlighted tech-sector trading on Thursday, but Apple Inc. and BlackBerry bucked the downward trend.Yelp (YELP)...
Slumping shares of Yelp Inc. and Akamai Technologies highlighted tech-sector trading on Thursday, but Apple Inc. and Yahoo Inc. are bucking the downward trend.Yelp (...
Research In Motion Ltd. (BBRY) said Thursday it has bolstered its board with two industry executives, bringing its board size to 12 directors.The move comes as RIM i...
Mashable tech analyst Pete Pachal on the winners and losers in the sector over the last year.
Polls on trial. How to find your career passion, common workplace anxiety dreams and how to not blow your company's next big meeting.
Defense Specialist Allison Barrie takes a look at how you can monitor world media with one button
After taking full control of its mobile phone joint venture with Sweden's Telefon AB L.M. Ericsson earlier this year, Sony Corp. (6758.TO) said Thursday it plans to ...
