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Webwire: RIM may split in two; HTC pulls out of Brazil

25 Jun 2012
00:00
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RIM said to consider splitting into two

A report claims RIM is weighing the benefits and disadvantages of splitting into two businesses, breaking off its handset division from its messaging operations.

Reuters

HTC pulls out of Brazil due to slow sales

HTC has revealed plans to pull out of Brazil, shutting down operations and laying off staff, due to poor sales of the two smartphones it has launched in the market.

The Next Web

America Movil lifts KPN stake to 21%

Latin American telecom group America Movil has more than doubled its stake in Dutch operator KPN to 21%, through a series of share purchases.

Bloomberg

MS may make own-brand smartphone: Nomura

Microsoft may be planning to develop a Windows smartphone under its own brand as well as a tablet, a Nomura analyst claims, citing industry sources.

Investor's Business Daily

Afghanistan allocates second 3G license

Afghanistan's communications ministry has allocated the nation's second 3G license, to MTN's Afghan unit.

Pakistan Observer

Samsung probes Galaxy S III “explosion”

Samsung is investigating a reported incident in which an Irish Galaxy S III user's handset exploded while plugged into a car's dashboard, but has so far found no faults with the phone.

Irish Times

Hon Hai to buy 9.9% of Sharp in July

Manufacturing giant Hon Hai Group expects to complete the purchase of a 9.9% stake in Sharp in July, booking a roughly $214 million mark to market loss on the transaction.

Bloomberg

European Parliament committee rejects ACTA

Controversial anti-piracy treaty ACTA is on its last legs in the EU, after a European Parliament Committee refused to ratify it, and recommended it be thrown out.

The Times

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