Huawei unveils 'world's slimmest' smartphone - The Times of India

LAS VEGAS: Huawei Technologies Co Ltd, China's largest maker of telecommunications gear, unveiled a new smartphone it is touting as the slimmest on the market as it moves to boost its share on the global consumer market.

The company's "Ascend" smartphone will help spearhead a drive into personal gadgets from mobiles to tablet PCs. Huawei Device Chairman Richard Yu said the phone will cost roughly $400, but the final price was not been set.

Privately held Huawei racked up $6.8 billion of consumer sales in 2011, Yu said.

Huawei unveils 'world's slimmest' smartphone - The Times of India

LAS VEGAS: Nokia on Monday declared war in the US smartphone market with a Microsoft-powered handset tailored to take on Apple iPhones and Google-backed Android devices.

Microsoft chief executive Steven Ballmer joined Nokia boss Stephen Elop to reveal the Finland-based mobile phone titan's plans to hit the US market in coming months, with a Lumia 900 smartphone designed for the media-gobbling habits.

The price and release date for Lumia 900 was not disclosed, but it will be offered exclusively on the latest generation 4G LTE network of US telecom giant AT&T.

Nokia declares war in US smartphone market - The Economic Times

BANGALORE: Some outsourcing customers are asking software companies to bid for low-end back-office and application development projects through reverse auctions, adding to the competitive pressures for large companies like Tata Consultancy Services and Infosys.

For established outsourcing clients such as General Electric, as well as small- to -mid-sized firsttime outsourcers in the US, Europe and the Middle-East, reverse auctions are bringing down billing rates by up to 40% in some instances and 10-15% on average.

Clients ask IT firms like Infosys, TCS to bid for low-end projects through reverse auctions - The Economic Times