Promising change and announcing a string of goals, Sony's chief executive, Kazuo Hirai, detailed on Thursday a revival plan that included a shift away from the company's unprofitable TV business and a plan to cut 10,000 jobs.

A top Nvidia engineer is calling for a move to 450mm wafers as one part of the solution to the growing complexity, cost and time-to-market challenges in chip design.

Google's profit soared 61% in the first quarter, but the average "cost per click" paid to Google by advertisers declined for the second quarter running.

MIPS Technologies is looking for a buyer, according to people with knowledge of the decision.

Samsung Electronics probably overtook Nokia as the top handset seller for the first time, helped by the popularity of the Galaxy smartphones, according to analyst estimates.

The US government sued Apple and five publishers, saying they conspired to fix the prices of electronic books, and reached a settlement with three of the publishers that could lead to cheaper e-books for consumers.

Nokia took a huge axe to its first-quarter devices and services guidance and issued a gloomy outlook for the new quarter on Wednesday, wiping out 18% of the Finnish handset maker's market cap.

Taiwan's economic ministry said on Monday that said Taipower has applied to raise electricity prices by mid-May in response to a surge in global crude prices this year.

State-run Taipower's proposal to drastically hike electricity prices was blocked yesterday in a meeting arranged by the Ministry of Economic Affairs, giving a brief respite for households and companies.

Facebook has announced plans to acquire Instagram, a photo-sharing app for mobile devices, for approximately US$1 billion.

Sony plans to reduce its workforce by an estimated 10,000 jobs, or about 6% of its global staff, as part of new Chief Executive Kazuo Hirai's restructuring plan, people familiar with the matter said Monday.

Samsung Electronics has said it expects its profit for the first three months of 2012 to almost double as its smartphone sales continue to grow. While Samsung's phone unit has prospered, other divisions, including memory chip manufacturing, have been going through a tough time.

Research In Motion has been accused of infringing six patents owned by NXP in a lawsuit filed in a US federal court in Florida.

OCZ Technology has introduced the Vertex 4 SATA3 SSD series featuring the company's advanced Indilinx Everest 2 controller platform.

ARM said Tuesday that it would set up a joint venture with Gemalto, plus Giesecke & Devrient to develop secure software that could be used for mobile devices.

Intel and Qualcomm have provided US lawyers with source code that will help prove Apple isn't infringing patents of Samsung Electronics, an Australian lawyer for the maker of iPhones said.