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(Reuters) - Uber Technologies Inc [UBER.UL] will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States. Uber said it would use the additional investment to improve operations, expand beyond the 18 Indian cities where it now operates, and develop new products and payment solutions. "We are extremely bullish on the Indian market and see tremendous potential here," Amit Jain, president of Uber India said in a statement on Friday. more...


Sharp Corp on Friday said it would exit the TV set business in the Americas and consider more steps to shore up its finances, after reporting a deeper-than-expected quarterly loss on weak sales of smartphone displays. The Japanese electronics maker said it would sell its TV manufacturing plant in Mexico and license its brand in the Americas to China's Hisense Group. In a separate statement, Hisense said it would pay $23.7 million for the business. more...


By Michael Gold TAIPEI (Reuters) - The latest chapter in the miniaturisation of increasingly smart consumer electronics lies in the hands of chip packagers, an indispensable group of firms whose role in the supply chain alone is worth $27 billion. Packagers like Taiwan's Advanced Semiconductor Engineering Inc (ASE) receive chips from manufacturers and prepare them for device assemblers by, for instance, encasing them in metal and resin. The advent of wearable devices, particularly Apple Inc's Apple Watch and its dozens of chips, pushed packagers to devise innovative ways of cramming ever-more communications, graphics and location chips into the tiniest of spaces. more...


(This version of the July 30th corrects story to read "partly" of a political nature, not "mostly" in paragraph 10) By Julia Fioretti BRUSSELS (Reuters) - Google Inc is refusing to bow to an order from the French privacy watchdog to scrub search results worldwide when users invoke their "right to be forgotten" online, it said on Thursday, exposing itself to possible fines. The French data protection authority, the CNIL, in June ordered the search engine group to de-list on request search results appearing under a person's name from all its websites, including Google.com. Google complied with the ruling and has since received more than a quarter of a million removal requests, according to its transparency report. more...


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