While we know nothing official about the next iPhone -- currently expected to be called the iPhone 7 -- all rumors and leaks suggest that it's going to be a pretty mediocre upgrade. But pent-up demand for a new iPhone from the two-thirds of owners who, by the time the new iPhone launches will be running hardware that's two or more years old, might buoy sales.

The phone is supposed to survive 30 minutes in 5 feet of water. In our testing, it didn't.

Microsoft has confirmed it will close its mobile phone unit in Finland, cutting 1,350 jobs.

Seagate Technology, a maker of disk drives for computer storage, expanded plans to cut jobs to 14 percent of the workforce, seeking to reduce costs to weather a prolonged slump in demand.

The clock-bumped Snapdragon 821 will be sold alongside the two Snapdragon 820 models. Qualcomm isn't saying which phones will use the 821, but rumors suggest that at least one of the two new HTC-made Nexus phones will include the faster chip. Enjoy your extra clock speed.

Financial research firm Cowen and Company believes Intel will supply Apple with 50% or more of the LTE modems needed for "iPhone 7," a win that could generate some $1.5 billion in incremental revenue over the next year for the chipmaker.

TSMC said that some media outlets in Taiwan had misunderstood reports from mainland Chinese sources that the firm was building a research and development plant in Nanjing.

Facebook will allow its users to livestream violent or graphic video under certain circumstances, the company announced in a statement released Friday.

Japanese messaging app Line is set to raise up to $1.3bn when it lists its shares later this week.

IBM issued a company memo this week stating it would institute involuntary job cuts for the first time in the Netherlands, adopting a new and permanent workforce reduction strategy in the region. The effects could be far reaching.

Samsung Electronics expects to post its most profitable quarter in more than two years because of strong sales of its flagship S7 line of smartphones.

Taiwan is bracing itself for the arrival of a vast typhoon, expected to hit the island on Friday.

Skyworks Solutions and Cirrus Logic shares nosedived Tuesday after Pacific Crest analyst Michael McConnell downgraded the stocks and predicted a 15%-20% decline in Apple iPhone 7 shipments later this year compared with shipments of the iPhone 6S after that product was released last September.

Shares in Imagination Technologies fell as much as 8% on Tuesday after the UK chip designer posted its worst ever annual losses

Developed by Prof. Daniel Sanchez and team, Swarm is a 64-core chip that includes specialised circuitry for both executing and prioritizing tasks in a simple and efficient manner.

The Galaxy S7 has been well received with some industry experts predicting Samsung sold 16 million devices.

Samsung Electronics, which has continued streamlining its workforce on its home turf, reduced more than 10,000 employees in the all-important Chinese market during 2015.

Samsung has officially denied The Korea Times report that it has split off its OLED display business and plans to get rid of its LCD production lines. While the statement denies Samsung has already split off its OLED business, it doesn't necessarily mean it might not do so in the future.

Toshiba and US partner Western Digital will commit 1.5 trillion yen or US$14.6 billion over three years toward stepping up flash memory production at their jointly run Japanese plant, in a bid to widen global market share, Nikkei reported.