Webwire: Alca-Lu issues profit warning; Apple upgrades LCD
Alcatel-Lucent has warned it expects to miss its 2012 profit target and record a second-quarter loss, blaming cutbacks in operator capex particularly in Europe.
Sources say Apple is planning to introduce new technology into the next iPhone that will make the touchscreen thinner, by integrating the touch points into the LCD.
Samsung has agreed to buy chipmaker CSR's mobile business for $310 million (€252 million), and fold the assets into its component business.
EU competition commissioner Joaquin Almunia would prefer to settle an antitrust investigation into Google's search practices, instead of pursuing a protracted enforcement action.
A report claims European carriers have started building up stocks of nano-SIMs in anticipation of the launch of the iPhone 5 – which is expected to use the new standard - later in 2012.
China's ministry of commerce has issued a statement calling on the US FBI to remain objective and fair during its probe of ZTE's alleged sale of banned US telecom products to Iran. The ministry also denied China has broken any UN Security Council resolutions in its dealings with the nation.
Yahoo has hired long-serving Google executive Marissa Mayer as its new chief executive, bucking expectations that it will hand interim boss Ross Levinsohn the job.
More than three quarters of the world's population now has access to a mobile phone, according to new World Bank statistics.