Nokia has sued Apple over claims that the iPhone infringes on 10 of its wireless technology patents. The suit appears to be an attempt to squeeze Apple for higher royalties than the iPhone maker is currently willing to pay.

South Korean telecom regulators have approved the sale of Apple's iPhone in a market currently dominated by local handset manufacturers. Officials at KT, the country's number-two mobile service provider, said they plan to start selling iPhones next month.

China Unicom and Apple reached a three-year agreement to sell iPhone in China. The initial launch is expected to be in the fourth calendar quarter of 2009.

The US International Trade Commission has said it plans to launch an investigation into flash-memory chips in popular products such as Apple's iPhone, Research In Motion's BlackBerry Storm, as well as camcorders and laptop computers.

Memory chip makers will offer more sophisticated flash drives for smartphones - technology that will be comparable to the solid-state drives (SSD) found in laptops today.

Apple said that it has made a US$500 million prepayment to Toshiba for flash memory chips and indicated the market is stabilizing. Intel, which makes flash chips jointly with Micron, is also seeing a recovery in pricing.

An employee at a factory that makes iPhones in China killed himself after a prototype went missing. Apple Inc. offered its condolences Wednesday as the company waits for the results of an investigation.

Foxconn, the contracted iPhone maker for Apple, is manufacturing a 3G version of iPhone tailored to customers in China, disclosed sources familiar with the matter on July 15.

One should not waste a crisis' opportunity to innovate. "Toward the tail end of the oil shock of the early 1970s the first cell phone emerged, produced by Motorola. The second oil crisis in the 1980s eventually led to IBM's PC," said Anand Chandrasekher, manager of Intel's ultra mobility group.

Apple has touted new HTTP Live Streaming features of the iPhone OS 3.0 and the upcoming Snow Leopard version of Mac OS X—and it has submitted the spec to the IETF. Will it be enough to supplant Flash as the de facto standard for delivering live or on-demand streaming online?