Technology News
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Foxconn's Gou Cuts Long-Term Sales Growth Target
Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world’s largest contract manufacturer of electronics by 50 percent as demand for Apple Inc. iPhones and iPads fails to offset slowing computer sales.
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Anil Ambani's Reliance Ends Talks to Sell Tower Assets to GTL
Billionaire Anil Ambani ’s Reliance Communications Ltd. ended talks to sell some assets to GTL Infrastructure Ltd. after both sides failed to agree on a deal to create India’s second-largest operator of mobile-phone towers.
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London Police to Investigate Murdoch Newspaper Phone-Hacking Allegations
London’s Metropolitan Police will examine new evidence of phone-hacking by journalists at Rupert Murdoch’s News of the World newspaper detailed in a report in the New York Times .
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China's Mobile Internet Users May Double in 5 Years, Lee Says
China’s mobile Internet users may more than double within five years as smartphones that can browse the Web and download music become more affordable, Lee Kai-fu , the former head of Google Inc. ’s China division, said.
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Telecommunications ETFs
| ISHARES-DJ TELEC | 20.82 | 0.20 | 0.97 |
| VANGUARD INF T E | 52.13 | 0.85 | 1.66 |
| ISHARES-GLB TELE | 54.90 | 0.46 | 0.84 |
| VANGUARD TEL S E | 59.38 | 0.61 | 1.04 |
| TELECOM HOLDRS | 25.48 | 0.11 | 0.43 |
Technology ETFs
| SPDR-TECH SEL S | 21.73 | 0.32 | 1.49 |
| BIOTECH HOLDR | 93.24 | 1.22 | 1.33 |
| ISHARES-DJ TECH | 54.26 | 0.94 | 1.76 |
| SEMICONDUCTOR HL | 25.86 | 0.40 | 1.57 |
| ISHARES-GLB TECH | 52.24 | 0.84 | 1.63 |