Webwire: Ericsson ups LG-Ericsson stake; Nokia sorts Finnish redundancies

Ericsson has increased its stake in its LG-Ericsson joint venture to 75% from 50%, in a private deal with partner LG.
 
Nokia has concluded talks with staff at its Finland manufacturing plant, where it plans to lay off up to 1,000 employees.
 
Apple is gearing up to embed a larger 4.6-inch display in its next iPhone, which could launch during the second quarter.
 
BlackBerry smartphones are now being outsold by the iPhone in RIM's home market of Canada, research from IDC shows.
 
India’s telecom regulator is accusing Bharti Airtel, Idea Cellular and Loop Mobile of refusing mobile number portability requests.
 
China Unicom fell short of analysts’ profit forecasts, despite growing net income 14% year-on-year to 4.23 billion yuan (€505 million) in 2011.
 
Meg Whitman, the new chief executive of Hewlett Packard, admits jobs will be cut as part of a restructure, but said no decisions have yet been taken on how many.
 
China Mobile chairman Wang Jianzhou has retired from the post, and been replaced by former MIIT vice minister Xi Guohua.

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