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SHANGHAI (Reuters) - Apple Inc is steering clear of Chinese rival Xiaomi Inc's [XTC.UL] low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker.

TOKYO/OSAKA (Reuters) - Japanese video game maker Nintendo Co on Wednesday issued a profit warning with a silver lining - even as it sells fewer consoles, the sharp weakening of the yen means overseas sales will inflate its net income this fiscal year.

SHANGHAI (Reuters) - A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private firms.

(Reuters) - Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history.

MEXICO CITY (Reuters) - Mexico's federal transparency body said on Tuesday it had initiated proceedings to impose sanctions on the Mexican unit of Google Inc for possible breach of the country's data protection law.

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Tuesday warned hotels and other entities against blocking personal Wi-Fi access, or hot spots, saying it was illegal and could incur heavy fines.

TOKYO (Reuters) - Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.

(Reuters) - Western Digital Corp, the world's No. 1 hard-disk drive maker, reported second-quarter results slightly ahead of Wall Street expectations on strong demand for its solid-state drives from enterprise customers.

SEOUL (Reuters) - South Korea's LG Display Co Ltd booked its highest quarterly profit in almost four years on Tuesday, buoyed by firm demand for liquid crystal displays (LCD) from television makers and client Apple Inc.

SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd , responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.

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