Sony Corp. is nearing a deal with Ericsson to takeover the Swedish telecom firm’s stake in their 50:50 smartphone joint venture, the Wall Street Journal reported on Thursday, citing sources familiar with the matter.

IRVINE, Calif., Aug.

Swedish company Ericsson said on Wednesday that the number of people worldwide using broadband connectivity to access the Internet is expected to increase by 2015.

RALEIGH, N.C., Dec.

- Revenues of $1,660 million, in-line with plans - Gross margin of 26.3% negatively impacted by fab underloading - Inventory reduced by $184 million - Net financial position(*) increased to approximately $250 million net cash GENEVA, April 29 /PRNewswire-FirstCall/ -- STMicroelectronics (NYSE: STM) reported financial results for the 2009 first quarter ended March 28, 2009.