PARIS (Reuters) – Telecom equipment maker Alcatel-Lucent posted a net loss of 1.3 billion euros ($1.76 billion) last year hit by a writedown on its mobile business and restructuring costs, showing the uphill climb it faces in its long-awaited turnaround. The company also announced on Thursday that it was in talks to sell 75 percent […]
SEOUL, South Korea (AP) — LG Electronics Inc. is forecasting lower earnings from its mobile business this quarter and risks from swings in Latin American currencies after posting an unexpected loss in the final three months of 2013.
In an attempt to better compete against Google in the mobile business, Microsoft reportedly considered various “unconventional tactics,” including letting smartphone buyers choose the mobile OS for their future handset, The Information reports (via The Next Web). “In one scenario, a smartphone buyer would be able to walk into a wireless carrier store, find a […]
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