Webwire: Temasek sells SingTel stake; TI pulling back from wireless

Staff writer
27 Sep 2012
00:00

Temasek sells SingTel stake for $1.03b

Singapore state investment fund Temasek has sold a 4% stake in SingTel for S$1.28 billion ($1.03 billion), bringing its holding in the telecom giant down to 51.9%.

Financial Times

TI pulling back from smartphones, tablets

Texas Instruments has indicated it will pull back from the wireless business to concentrate on embedded processors for the industrial, automotive and consumer appliance segments. TI has attributed the move to the increased competition in the smartphone and tablet chip market.

Dallas News

SK Telecom to raise $391m from divestment

SK Telecom has revealed plans to sell part of its stake in steel maker POSCO for around $391 million, to improve its financial position and raise cash for potential acquisitions.

Reuters

Nokia may sue HTC over Win 8 phone: rumor

Nokia is rumored to be preparing to take HTC to court, over the similarity of the Windows 8-based HTC 8S to Nokia's own Lumia 820.

SeekingAlpha

Orange pursuing tie-up with China Telecom?

France Telecom unit Orange's plan to open a solutions center in China has left some commentators suggesting that the move could herald the start of a major tie-up with China Telecom.

South China Morning Post

AU cops support telecom data retention

Australian police chiefs have given evidence supporting proposals to force telecom companies to keep customer metadata for at least two years, so the details can be accessed by authorities during an investigation. The officials stated that ideally they'd like the data to be kept indefinitely.

Sydney Morning Herald

Lenovo banks on China for smartphone success

PC maker Lenovo plans to use its experience expanding into China's smartphone and tablet markets as a template for future expansion in global markets.

Bloomberg

Street View? How about Reef View

Google has published online a series of panoramic underwater images of six coral reefs near Australia, Hawaii and the Philippines.

New Zealand Herald

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