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Microsoft talked with Nokia about buying devices unit: report

SEATTLE (Reuters) - Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. The Journal reported that "advanced discussions" on a deal happened as recently as this month, according to unnamed sources it said were familiar with the matter. Microsoft rejected a deal because of price and Nokia's loss of market share to rising Asian competitors, the report said.

Microsoft talked with Nokia about buying devices unit-report

SEATTLE (Reuters) - Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. The Journal reported that "advanced discussions" on a deal happened as recently as this month, according to unnamed sources it said were familiar with the matter. Microsoft rejected a deal because of price and Nokia's loss of market share to rising Asian competitors, the report said.

Microsoft mulled buying Nokia unit

Microsoft was in talks to boost its position in the mobile phone market by buying the devices business from Nokia but failed to seal a deal, the Wall Street Journal reported Wednesday. The Journal cited unnamed sources as saying the US technology titan and the pioneering Finnish mobile phone company were involved in serious talks that recently faltered. Microsoft has been striving to gain ground in a global smartphone market dominated by handsets powered by Google-backed Android and Apple iOS operating systems.

Huawei vows to catch up with Samsung, Apple

Chinese telecom giant Huawei on Wednesday vowed to catch up with its more popular rivals Apple and Samsung after unveiling its newest phone for the first time in Asia. Huawei unveiled its Ascend P6 at the CommunicAsia telecom and broadcast event in Singapore just hours after its global launch in London, billing it as world's thinnest smartphone. "I generally do not comment on competitors but it is a class of its own," said Tang Siew Wai, a regional marketing director for Huawei, when asked how it will compete with Apple and Samsung.

Samsung's overseas affiliates soar 60 pct in 4 years

SEOUL, June 19 (Yonhap) -- Samsung Group, the country's top conglomerate, has expanded its overseas operations aggressively in the past four years with the number of its affiliates in overseas markets surging 58 percent, data showed on Wednesday. The number of Samsung's overseas affiliates stood at 446 at the end of last year, compared with 281 at the end of 2008, according to the data compiled on the basis of regulatory filings.

RBC analyst says BlackBerry should be profitable this fiscal year

TORONTO - A stronger vote of confidence for BlackBerry's future from analysts at RBC Capital Markets helped the smartphone company's stock rise nearly four per cent on Tuesday. The bank raised expectations for shipments of new BlackBerry 10 devices and said the Waterloo, Ont.-based firm should be profitable this fiscal year, after recent quarterly losses. Shares of BlackBerry (TSX:BB) gained 53 cents to close at $15.13 on the Toronto Stock Exchange.

Huawei launches world's slimmest smartphone

LONDON (Reuters) - China's Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology. The company says the device, at 6.18 mm thick, is the world's slimmest. It has a 5 megapixel front-facing camera, designed for taking "selfies", or pictures of the owner to be shared on social media networks. The company picked the launch date - 6/18 (June 18) - to tie in with the smartphone's dimensions.

LG's Optimus G Pro sales top 1 mln in S. Korea

SEOUL, June 18 (Yonhap) -- South Korean tech giant LG Electronics Inc. said Tuesday that sales of its Optimus G Pro smartphone have exceeded the 1-million mark nationwide. The latest version of the 5.5-inch Optimus G smartphone line-up hit the shelves in the country in February this year. Sales of the Optimus G Pro broke the 500,000-mark in the first 40 days following its launch, becoming LG Electronics' fastest-selling smartphone.

BlackBerry stands by security of smartphones amid British hacking report

WATERLOO, Ont. - BlackBerry (TSX:BB) says it remains confident in the security of its smartphones after a newspaper reported that the British eavesdropping agency GCHQ repeatedly hacked into devices belonging to foreign diplomats at the G20 meetings in 2009. A document cited by the London-based Guardian newspaper appeared to boast of GCHQ's ability to tap into smartphones. The Guardian quoted the document as saying that "capabilities against BlackBerry provided advance copies of G20 briefings to ministers."

Samsung analysts ask hard questions as S4 marketing charm wears off

By Miyoung Kim SEOUL (Reuters) - Analysts fell under Samsung Electronics Co Ltd's marketing spell when they made what they now admit were hopelessly optimistic forecasts for its smartphone sales. Samsung's huge share of the high-end smartphone market also persuaded some analysts to downplay industry data pointing to a fast-saturating segment, a reality that is already eating into sales of Apple Inc's iPhone 5.
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