Dutch navigation device maker TomTom filed a countersuit against Microsoft Corp, accusing the US company of violating its patents related to car navigational technology and other computing functionality.

Spansion said Friday that it received an additional delist warning from Nasdaq.

German solar technology company Q-Cells SE, the world's largest producer of solar cells, announced a rise of 28% in its 2008 net profit, as the growing demand for renewable energy leveraged sales for its solar panels.

Installed solar power capacity in the US rose by 17% to 8,775 megawatts in 2008, the strongest growth in a single year, solar advocate Solar Energy Industries Association said in an annual review issued on Friday.

Philips Lumileds is working with luminaire manufacturers to develop market-ready LED-based applications that meet energy efficiency standards.

Infineon Technologies AG HAS announced that it has signed a letter of intent for framework purchase agreement amounting US$68 million with Huawei Technologies of China. Infineon will provide semiconductor solutions for Huawei in the area of central office solutions (CO), customer premise equipment (CPE) and mobile phone platforms.

China Mobile missed forecasts with its slowest quarterly profit growth since 2005 and warned a deepening financial crisis will pressure subscriber growth as local competition gets tougher.

The world economy is set to shrink by between 0.5% and 1.0% in 2009, the first global contraction in 60 years. In its gloomiest forecast yet, the International Monetary Fund (IMF) says that developed countries will suffer a "deep recession".

The German state of Saxony isn't ruling out taking up an indirect stake in bankrupt computer chipmaker Qimonda AG anymore, the state's governor said Thursday.

Palm missed analysts' revenue estimate in its third-quarter results Thursday and saw its losses widen as demand slumped for the company's smartphones. The company explained that smartphones brought in just $77.5 million during the third quarter, down 72% from the same period last year.

Kansai Recycling Systems disclosed its recycling line for flat-panel TVs March 18, 2009. Kansai Recycling is a company of which Sharp Corp and Mitsubishi Materials Corp hold 43.3% and 40.0% shares, respectively.