China's Huawei Technologies Co Ltd is targeting $16 billion in revenue for its consumer business group this year, the head of the unit, Richard Yu, said on Tuesday.
Samsung Electronics Inc
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Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.
Samsung Electronics Co announced its plans in making more strategic acquisitions offshore.
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