According to Gartner, HP's server market share dropped for the second consecutive time. In the latest quarterly report of Hewlett Packard, server shipment shares from across the globe fell significantly.

Analysts believe that Asus' late entry to the US tech market will be its toughest challenge yet.

Apple and Motorola dropped 14 patents, which now left with them with 8 patents-in-suit. Apple and Google's Motorola agreed to drop 14 patent suits Monday.

Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.

Researchers said that Apple led the South African tablet industry while Samsung trailed at second. Over 1. 4 million units of tablets were purchased by South Africans in a span of three years, said research firm World Wide Worx.

Android posted a massive increase in the latest quarterly report for tablets, while Apple's iOS continued to decline.

Nepal's telecom industry expanded after aggressive importing. According to the Nepal Telecommunications Authority, imports of telecom related equipment almost reached double the amount of last year.

Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.

Ericsson bought Canadian form Telcocell. One of the oldest players in the mobile phone industry expanded its internal infrastructure with the acquisition of Telcocell.

Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.