|Day's Range||91.00 - 91.70|
|52 Week Range||75.74 - 97.80|
|PE Ratio (TTM)||13.95|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
India's disruptive new mobile entrant Reliance Jio, backed by the country's richest man Mukesh Ambani, unveiled a low-cost 4G-enabled phone on Friday to woo tens of millions of new customers, further destabilising established telecoms players. Jio has enjoyed a meteoric rise since its launch a year ago, with its months of free services and sharply discounted plans battering the fortunes of incumbents such as Bharti Airtel and Idea Cellular, who have seen revenues and profits shrink dramatically.
Taiwan’s Foxconn Technology Group, which assembles Apple’s iPhones in China, is looking at seven states in the American heartland where it would invest $10 billion or more in factories to build flat-panel ...
Apple Inc broadened a legal attack on Qualcomm Inc, arguing to a U.S. federal court that license agreements that secure the chip maker a cut of every iPhone manufactured were invalid. If successful, Apple's attack would undermine a core tenet of Qualcomm's business model. "Apple is trying to distract from the fact that it has made misleading statements about the comparative performance of its products, and threatened Qualcomm not to disclose the truth," Don Rosenberg, executive vice president and general counsel of Qualcomm, told Reuters in an e-mailed statement.