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Microsoft to announce new phone software: sources 20100212 22:39

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Technology Microsoft to announce new phone software: sources 03:53 PM EST


SEATTLE (Reuters) - Microsoft Corp is set to announce new mobile phone software on Monday, according to sources close to the company, as it looks to wrestle back market share from Apple Inc's iPhone and Research in Motion Ltd's BlackBerry.

The world's largest software company, which makes operating systems for phones made by HTC Corp, Samsung Electronics Co Ltd, Motorola Inc and others, is hoping to regain momentum in the fast-growing sector after a lackluster update to its mobile software in October.

The overhaul of Microsoft's phone technology comes as it hemorrhages market share in the burgeoning smartphone market, which many see as the key to the future of communication and media.

http://us.mobile.reuters.com/mobile/m/FullArticle/CTECH/ntechnologyNews_uUSTRE61B3T420100212

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