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GT Advanced settles with Apple, to exit sapphire production

- GT Advanced Technologies Inc said it reached an agreement with Apple Inc under which it will stop making sapphire materials and focus on supplying equipment to make sapphire crystals.

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Huawei says third-quarter smartphone shipments jump 26 percent, strong demand for high-end devices

HONG KONG - China's Huawei Technologies Co Ltd said third-quarter smartphone shipments jumped 26 percent year-on-year, doubling devices shipped to the high-margin premium market dominated by Samsung Electronics Co Ltd and Apple Inc.

Media 6:08am EDT

Russia's Yandex brightens 2014 revenue outlook

MOSCOW - Russia's biggest search engine Yandex said on Thursday it expected revenues to rise by 27 to 30 percent this year, compared to its previous forecast for 25-30 percent growth.

6:19am EDT

French mobile market needs mergers, but we won't lead: Orange

PARIS/FRANKFURT - French telecoms operator Orange SA still believes the mobile market needs consolidation, but an executive said on Thursday his company is not prepared to kick-off such a move, three months after it dropped a bid for rival Bouygues SA.

4:39am EDT

Apple CEO says to add 25 stores in China within two years: Sina

BEIJING - Apple Inc Chief Executive Tim Cook said the company is planning to open 25 retail stores in China within the next two years, according to a Chinese transcript of an interview posted by web portal Sina.com.

Media 4:18am EDT

China's Xiaomi shifts some smartphone user data out of Beijing on privacy concerns

BEIJING - Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.

Media 22 Oct 2014

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