The deal provides LG with a license to IV's extensive patent portfolio.

The head of the International Monetary Fund, Christine Lagarde, has warned that the global economy is at risk of being plunged into a "lost decade".

LED supplier Universal Display Corp posted a third-quarter profit, gainsaying loss expectations, as revenue more than tripled, and forecast full-year revenue above expectation, sending its shares up 8% in extended trade.

For decades the story of technology has been dominated, in the popular mind and to a large extent in reality, by computing and the things you can do with it.

If oil prices fell from their 2008 peak as far as solar component prices have, a barrel of oil would cost about $10 - a 93 percent drop. Everyone could afford to fuel his own Formula One racecar.

ReneSola Ltd. reined in its guidance for third-quarter revenue and shipments, while noting it expects to post a loss for the period due to continued weak demand and industry oversupply.

Chinese solar-equipment makers said tariffs sought by US competitors would make it harder to expand the use of renewable energy.

Facebook is in no hurry to go public or to get into China, where it is officially blocked, according to Mark Zuckerberg, the founder of the social networking giant.

Taiwan businesses have called for a law on industrial espionage, especially by China, as growing ties have made it easier for mainland firms to steal secrets, officials and media said Thursday.

OmniVision Technologies has cut its fiscal second-quarter revenue outlook, pointing to an unexpected cutback in orders for certain key projects currently in production.

Enterprise IT spending will stagger and fall this year but may back on one leg in 2012 despite swingeing public sector cuts and the looming Eurozone financial catastrophe.

MEMS foundry Silex Microsystems has licensed its Sil-Via technology for through silicon vias (TSVs) to Nanoshift for use in the early development of complex MEMS products.

Yingli Green Energy Holding Co. and Renesola Ltd., two Chinese solar companies, reduced their forecasts for shipments and cut the estimated values of their inventories.

China has unveiled its three-step plan for phasing out energy-inefficient incandescent lamps. The announcement caused shares in US-based LED maker Cree (Nasdaq: CREE) to surge by almost 10% on November 4.

China Sunergy and REC Wafer have spent the last few years to-ing and fro-ing between courts in Norway and China in the hope of reaching a settlement over the termination of a supply contract by REC Wafer.

Sometime in 1998 or 1999, Internet Explorer (IE) became the number one Web browser in the world. In October 2011, according to NetMarketShare, IE is barely above the 50% mark of desktop browsers with 52.63%.

Toyota has extended production cuts at its factories in Thailand and Japan due to shortage of parts in the wake of floods in Thailand.

Prolific develops leading-edge IC design optimization software tools that significantly reduce development time and improve the performance of cell-based designs.

The Semiconductor Industry Association (SIA) board of directors has elected Freescale Semiconductor CEO Rich Beyer as its 2012 chairman.

Flash memory provider Spansion said it would cut 750 jobs, 610 of which will come from closing down its Kuala Lumpur, Malaysia, facility by the end of the first quarter of fiscal 2012.

China's Trina Solar Ltd slashed its sales estimates for solar panels on Thursday because of weak European demand and said declines in panel prices would shrink its profit margins.

SunPower Corp. and First Solar Inc., the two largest US solar manufacturers, will reorganize as falling prices and increased competition from China drive down sales.

"[Making] bulk silicon HKMG at 28nm is hard. All foundries are having yield issues and defect density issues right now," said Bob Johnson, research vice president at Gartner.

ING's announcement follows job cuts by other big Dutch lenders. Nationalised Dutch bank ABN Amro is shedding 2,350 jobs as the state readies it for a return to private hands, while Rabobank said it planned 1,200 job cuts to save costs.