Net income for the fourth quarter of 2010 was US$33.1 million as compared to net losses of US$20.6 million in the prior quarter and losses of US$23.3 million a year ago. Net profits for 2010 were US$150.9 million, compared to losses of US$92.2 million in 2009.

Flash memory specialist SanDisk topped Wall Street's estimates with its fourth-quarter results, boosted by strength in Asia and its mobile business.

The recession caused fab tool vendors to de-accelerate their investments and programs in 450mm. As a result, 450mm production has been delayed at least to 2017 or 2018, said Trevor Yancey, an analyst with IC Insights.

China plans to step up efforts to develop clean energy and other technology industries this year, government officials said Thursday, a strategy that has strained trade ties with Washington and other governments.

it's being said that the first Facebook phones will be built by HTC, just like how the first Android phones were made by HTC...the HTC-sourced smartphones will "run a modified build of Google's Android operating system that will display information from a user's Facebook account on the home screen." So, it's like HTC Sense or Samsung TouchWiz... only with Walls, Pokes, and FarmVilles.

The first full quarter on Elop's watch will include the first sizable sales from the company's N8 smartphone. The 44% drop in profit forecast by analysts stands in contrast to Apple's 78% earnings growth in the period.

In the roughly two weeks since Motorola's biggest customer Verizon Wireless unveiled plans to start selling an iPhone in February, Motorola has already noticed a decline in smartphone sales, Chief Executive Sanjay Jha said on Wednesday.

Amid a loss and some US$454.0 million in disputed claims against the company, Spansion has raised its capital spending for 2011.

STMicroelectronics, Europe's largest chipmaker, fell the most in five months in Milan trading after the company's ST-Ericsson wireless venture reported increased losses in the fourth quarter.

In Japan, Toyota will recall 1.28 million units of models including the Voxy, Noah and Isis minivans and RAV4 sport- utility vehicles, according to statements from the company. Separately, Toyota said it would conduct a voluntary safety recall of 245,000 Lexus luxury cars in the US to inspect installation of fuel pressure sensors and call back 135,000 Avensis sedans in Europe for potential defects in fuel systems.

Texas Instruments has admitted that Nvidia beat it to market with the first dual-core processor for tablets. This is surprising statement from a company that has been in the business of building power-efficient chips based on the ARM design for close to two decades.

Huawei Technologies Co., China's largest telecommunications equipment maker, won a court order barring Motorola Solutions Inc. from disclosing confidential information about Huawei's technology to Nokia Siemens Networks, which plans to buy Motorola's wireless networks business.

In January 2010, the imaging and photography giant filed a complaint with the U.S. ITC against Apple and RIM, alleging that the phone makers infringed on a Kodak patent involving image previews.

Yesterday First Solar closed at a new 52 week high after Goldman Sachs posted a Buy recommendation and news of a $1 billion manufacturing plant in Vietnam hit.

The mail order smartphone business didn't work out so well for Google with its Nexus One. But that doesn't mean the idea of carrier independence can't succeed with an established direct sales leader.

"Things have changed quite a bit," says Robert Passaro, a senior product manager for BMW. "We're tapping into where people are living their digital lives now, and that's on the smartphone. It makes sense to leverage that and integrate it into the car."

"DRAM prices were previously expected to rebound from the second quarter of the year, but that may be brought forward to the first quarter," Kwon Oh-hyun said at an industry event.

Toshiba is hammering out a deal to outsource fabrication of advanced system chips to Globalfoundries, the Nikkei business daily reported, citing company sources.