Manufacturing news
Dell Inc looks at privatization vs buy-out
Dell Inc., the largest PC manufacturer in the world, is currently facing a losing battle in the post-PC era of smartphones and tablets. The slump in demand for PCs has grown year-on-year and affected first-quarter profit of the company.
Samsung gains astonishing 95% of Android mobile market in Q1
Samsung Electronics Co. continues to establish its market leadership as the highest grossing smartphone maker in the congested Android smartphone industry. By offering a broad-selection of models, at different price-points and feature-options, the company’s Android smartphone profits are astonishing 95 percent of the revenues earned by the Android smartphone market. The South Korean giant firmly grasped an individual profit of as much as $5.1 billion from the total $5.3 billion posted by Android smartphone industry for the first quarter ended March, according to the findings issued by Strategy Analytics. The Samsung’s domination of Android in 2013 does not come as a surprise to those within the industry.
TESLA Motors to tap cash-paying buyers to repay Government debt
Tesla Motors Inc., headed by green entrepreneur Elon Musk, is looking to rewrite the car industry in the US with a new stock offering. Successful with their first generation electric car Model S for commercial use, Tesla Motors Inc. has suddenly grown ambitious and proposes to raise $830 million through shares and convertible-bond stock offering. More important, in the long term this will allow the green carmaker to reimburse the $465 million US government loan it raised through the Department of Energy’s loan program.
Abenomics works as Japan’s GDP grows at 3.5% in Q1
It seems that the Japan’s economy is slowly standing on its feet as official data showed that the country’s GDP for the first quarter substantially topped analysts’ estimates. The surprising result adds to signs that Abenomics works. Not surprisingly, all stimulus measures have already had a genuine impact on businesses and consumers as their confidence has notably increased as well.
Google Inc to soon bring music streaming product
Famed Google Developer Conference Google I/O held between the 15th May and the 17th May in San Francisco emblazons the technology giant’s latest products, services and more. Google Inc. is expected to soon bring music streaming product as it wants to gain share in the market dominated by Apple Inc.
RIM opens BlackBerry Messenger to iOS and Androids
A news byte that has excited most iPhone and Android smartphone users is the statement made by software vice president Andrew Bocking who underlined: “BBM has always been one of the most engaging services for BlackBerry customers, enabling them to easily connect while maintaining a valued level of personal privacy. We’re excited to offer iOS and Android users the possibility to join the BBM community.”
Samsung to break-into 5G technology by 2020
Apparently, 2013 is a good year for Samsung Electronics Co. Pioneering new undiscovered lands, the South Korean communication devices giant will bring the speed-breaking 5G connectivity by 2020.
European retailers speak with one voice on bringing safety to Bangladesh
After a tragic construction disaster in Bangladesh, European retailers, including H&M and Wal-Mart, signed the Bangladesh safety accord which will introduce measures aimed at boosting safety conditions in garment factories, taking a step to securing lives of workers. Undeniably, unions had a big part in pushing the European retailers to take action in improving workplace safety at Bangladeshi garment facilities.
Blue Windows 8 version to set things right
The Microsoft Corp.’s Windows Operating System’s latest version is finding its way to meet user expectation. Windows 8 debuted back in 2012 and has seen most buyers of the OS, grumble, rant and finally downgrade to the previous version – crisp and comfortable Windows 7. That Microsoft Corp. thinks that it is in trouble is understood by the recent admission by some of its high-level personnel admitting that Windows 8 is not meeting expected sales figures.
Facebook to acquire navigation App Waze for $1bn?
If news bytes by people in the know-how at Facebook Inc. are to be believed, a high-net-worth-navigation app called Waze is likely to be acquired for an astounding $1 billion. Waze is a free-to-use navigation tool for mobile devices and popular in more than 193 countries.
State Department points gun at Defense Distributed to delete 3D gun print info
As expected, the US State Department has set things straight by directing the non-profit group Defense Distributed to remove all content related to the printing of handguns using 3-Dimensional printers from its website. Defense Distributed is the brain-child of Cody Wilson, an anarchist, who has been outspoken on 3D-gun printing ever since the recent gun-shooting sprees at schools that led to the death of several innocent students and teachers.
Nissan enjoys net profit growth of 46% in Q4
Nissan Motor Co. surprised with it net profit growth of staggering 46.1 percent for the fourth quarter. But the fact is that the Japan’s carmaker did not show off its annual profit which was simply plane, compared to its home rivals. Certainly, the weakening yen significantly helped Nissan Motor Co. and other Japan’s companies enjoy stronger performance.
Tesla electric Model S drives profits in First Quarter
Tesla Motors Inc., the electric car manufacturer, has finally broken even, seeing surprisingly encouraging profits for the first quarter of 2013. This definitely has beaten expectations of poor sales which were widely expected.
Sony surprises as it records first annual profit in 5 years
A lot of water has passed under the bridge but after all Sony Corp. has surprised as it recorded the first annual profit in five years. Its performance was substantially improved by assets sales, including some of its office buildings, and the weak yen which is the results of the “Abenomics”.
Sony launches fully-loaded Vaio Fit Line Laptops at competitive prices
In what could well be the start of exciting new phase in the laptop market segment, Sony Corp., the Japanese electronics giant, has announced its full-loaded news series the Vaio Fit Line as a surprising entry-level device. The confusing range of Sony laptops currently available includes the Tap and Duo series of laptops, the low-cost and low-end models E-series, followed by mid-level S-series and a premium range of Ultrabooks popularly called as the T-series.
Toyota profits triple yet carmaker sticks to its low-risk plan
It seems that Toyota Motor Corp. is on its track to full recovery as in the fiscal year ended March 2013 it saw its net profit triple on a year-on-year basis. Even though the Japan’s biggest carmaker enjoyed quite satisfying results, the company has decided to stick to its low-risk growth plan. Even optimistic estimates, which show that it will see its profit jump to the highest level in six years in the ongoing year, were not able to change the conservative and rigid plans of the company.
Intel fine tunes its mobile processor architecture to challenge Qualcomm
It was merely a question of time before Intel Corp. would begin to focus on its mobile processor segment, considering the runaway success of Qualcomm. Not surprisingly, the US-based company has for some time now been working on improving its standard Atom mobile processors. And at last the launch of the new microarchitecture – Silvermont – was solemnly announced by Intel Corp.’s chief product officer Dadi Perlmutter on the 6th of May.
Adobe Creative Suite moves entirely to Clouds, Adds Pen and Ruler
Adobe Systems Inc., the premier digital productivity tool producer for creative work, has taken the next step in the delivery of its services to its users. Announcing the change in the format of the software delivery from box-to-cloud at the Adobe MAX Conference, Michael Gough, the vice president at Adobe Systems Inc., also showcased new twin hardware products that would revolutionize creation of creative work.
Barnes & Noble goes the Google Way
The past week has been good for those looking to buy the new wave of smart tablets. It’s just not Amazon cutting prices on Kindle Fire but Barnes & Noble’s (B&N) tablet debuting with Google Play Store access for content download that is the flavor so far.
