Dutch hi-tech group ASML posts 'record' year in 2015

Leading Dutch manufacturer of computer chip making systems ASML Wednesday declared 2015 a "record" year for sales which rose to 6.3 billion euros ($6.9 billion), with net profits leaping by 15 percent.

Apple files with India government to open first stores

Apple said Wednesday it has asked the Indian government for permission to open its first stores in the country, paving the way for its feted brands to join the fast-growing smartphone market.

Smartphone makers challenged by China 'saturation'

A cooling of smartphone sales in China suggests the world's biggest market for the devices has reached a saturation point, posing challenges for manufacturers, a research report said Thursday.

Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

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