China should let the yuan rise 3% against the dollar in 2009 to deter capital outflows and help the country make overseas acquisitions, said Wang Jian, a researcher affiliated with the nation's top planning agency.

Chinese consumer prices showed an annual fall in February for the first time since 2002, figures have shown.

Satyam Computer Services began a bidding process Monday to sell a 51% stake in itself, and two potential buyers quickly confirmed that they would join the race for the scandal-tainted outsourcer.

Toshiba said on Tuesday it planned to start production of solid-state drives (SSD) overseas to cut costs and increase output, beginning assembly in the Philippines by the middle of the year. The Nikkei business daily reported Toshiba aimed to generate 100 billion yen ($1 billion) in SSD sales in the year starting April 2010, more than 10 times the current figure.

A group of leaders in the wireless industry comprised of Alcatel-Lucent, Ericsson, Huawei, Kineto Wireless, LG Electronics, Motorola, Nortel, Samsung, Starent Networks, T-Mobile and ZTE have announced a joint effort, referred to as the Voice over LTE via Generic Access (VoLGA) Forum

TI narrowed the range of its first-quarter forecast, with the midpoint of its revenue guidance rising 2.7%.

Apple is planning to launch a netbook computer with a touchscreen as early as the second half of this year, two people close to the situation told Dow Jones Newswires Tuesday. Apple is working with Taiwan's Wintek and Quanta Computer to assemble the new netbooks.

Shipments of notebook PCs with LED backlights reached 3.7 million in the final quarter of 2008 – a 62 percent rise on the preceding quarter.

The LED ligting market growth of $5B by 2012 is too optimistic at a time when growth in consumer lectronics is on the decline due to bad economy. The economic recovery will commence only in the middle of 2010 and the estimate for LED consumer lighting market can only be around $2B.