Texas Instruments (TI) has lowered its expected ranges for fourth-quarter revenue and earnings per share (EPS). The company now expects its revenue will range from U$$2.3-2.5 billion, compared with the prior range of US$2.83-3.07 billion; and EPS will be US$0.10–0.16, compared with the prior range of US$0.30–0.36.

Due to the current global economic environment, customers across each of Broadcom's targeted end markets have requested adjustments in their deliveries for the fourth quarter, resulting in significant pushouts and cancellations since the company originally provided guidance for the quarter in October 2008.

Shares of OmniVision Technologies tumbled Wednesday after the maker of camera image-sensing chips projected a third-quarter loss, disappointing most analysts who expected a profit.

The i6-Goal has been created by local phonemaker QIGI and mobile software developer TechFaith Wireless Communication Technology. The latter is likely to have a key input into China Mobile’s plans to create its own take on Android, and this could, in turn, enhance the influence of Qualcomm, which has come out as a major supporter of the Google system.

Sales of mobile phones are shrinking faster than expected as consumers are cutting spending, the world's top mobile phone maker Nokia said on Thursday in its second warning in three weeks.

Cisco Systems doesn't have any layoffs planned at this point, according to chairman and chief executive John Chambers. The networking titan has previously said it would halt hiring new workers as it looks to shave its operating expenses.

Top US phone company AT&T says it will eliminate 12,000 jobs, or about 4% of its workforce, in a fresh wave of cuts to cope with an economic downturn that has exacerbated a decline in traditional phone sales.

Goldman Sachs Group said Thursday it rejected a new offer from Panasonic for its near-30% stake in Sanyo Electric, as the first major attempt at consolidation in Japan's crowded consumer electronics sector turns increasingly sour.

Amazon.com has launched on the Apple App Store an iPhone application that makes it possible to take a picture of a product and then send it to the online retailer, which will try to match it with products in its inventory.

Stores and online merchants were busier this weekend than they were a year ago, according to figures out Sunday, but signs persist that holiday shopping will suffer in the weakest economic climate in decades.

The European Commission on Thursday officially approved an Ericsson-STMicroelectronics joint venture to provide wireless platforms for handsets and semiconductors for mobile communications.

"As for next year, it is possible that the market could post a single-digit or even negative growth," a Samsung spokesman said.

The European Commission Wednesday cleared Swedish mobile telecommunications company Ericsson (ERIC) and STMicroelectronics NV to jointly produce chipsets for mobile phones.

The US bank called off talks with Panasonic on a sale of its stake in the Japanese electronics maker, unhappy with Panasonic's bid.