Electronics News
Nokia Corp Reports Heavy Losses in Q1
The world’s biggest mobile handset maker, Nokia Corp., has made heavy losses in the Q1. Nokia says that it has faced much greater than expected competition and challenges in its ongoing strategy revamp.
Apple & E-Book Publishers Held Responsible for Price Fixing
Steve Jobs helped organize and arrange for a complex price-fixing plan that cost its consumers tens of millions of dollars in the last two years by enhancing the price of many new releases and bestsellers by $3 to $5 each.
Sony’s Next PlayStation Rumored to Arrive in 2013
According to gaming site Kotaku, the successor to Sony’s PlayStation 3 is a code named Orbis and it has found a way to come in time for the holidays next year. The next-generation game, Orbis, won’t be play PS3 games. And, there is a rumor that with Microsoft’s follow-up to the Xbox 360, Sony is working on a way to make its next console either reject used games or possibly limit their playability unless buyers of a pre-owned game pay a fee to unlock/register the full game.
Oclaro and Opnext Merger Being Seen as Positive
Oclaro Inc., a supplier of optical communications and laser technology, said Monday that it will merge in an all stock deal with Opnext Inc., the optical module and components vendor. Oclaro has agreed to acquire Opnext in a $179 million deal Monday.
PC Makers Struggle with Shrinking Market Shares
What is most astonishing part about the iPad era, is how completely Apple still controls it. The market was filled with plenty of Smartphone in 2007, when the iPhone came out and it quickly drew new competitors, most notably Android devices.
Hewlett-Packard Will Combine Its PC and Printing Units
HP will announce soon about merging its Imaging and Printing Group into its PC-making Personal Systems Group as a way to reduce costs and simplify its business. Under the plan, Vyomesh “VJ” Joshi, who has run HP’s print business for the last 20 years, will step down, and Todd Bradley, head of the PC group, will run the combined division
Backup Camera Rule Implementation Delayed Until November
The safety regulators said the U.S. rule that may require all cars and light trucks sold in the country to have rear-view cameras won’t be issued by deadline dated Feb. 29, 2012 and may be delayed until after presidential election in November. The government and safety regulators have taken a wise decision on mandating rearview cameras in all passenger vehicles.
Dish Network Add 22,000 Subscribers, Boost Profits by 24 Percent
Even though it seems like there is a long way for Dish Network to beat the race for being the number one satellite TV Company, Dish Network has still managed to add a remarkable lot of 22,000 subscribers to the viewing list.
Verizon, Redbox to Start New Video Streaming Service
Verizon communications has unveiled a partnership plan with Redbox to provide video streaming service under the kiosk-based movie rental brand. Redbox is on a move and Coinstar, its parent company’s stock shot up nearly 16 percent with fourth quarter earnings more than double the profits.
Elpida Memory in Three Way Merger Talks with Micron, Nanya
Elpida Memory Inc., world’s third’s largest dynamic random-access memory (DRAM) memory chip maker, in search of ways to deal with Samsung Electronics, the world’s largest and Hynix second-largest, in collaboration with U.S. firm Micron Technology and Taiwan’s Nanya Technology.
Olympus Corp Sues 19 Employees for Mismanagement
Olympus Corp, the maker of camera and medical equipments said Tuesday that it is suing 19 of its former and current employees for mismanagement. Olympus revealed to a business magazine that all board members subject to the lawsuit to quit in March or April, leaving it in the extraordinary position for now of continuing with its most senior executive, Shuichi Takayama, and five other directors it is taking to court for mismanagement.
Motorla Introduces Droid Razr
Cellphone giant Motorola has formally introduced the latest in their line; the Droid Razr. The official announcement of the Droid Razr is the latest in technology news, with the newest in the ‘world’s thinnest phones’ being a much-awaited product. The new Droid Razr is a mergin of two of Motorola’s greatest achievements: the functional superiority of the Droid and the stunning slimness of the Razr.
iPhone 4S Sales Hit The Roof
Even as claims that the iPhone 4S is not much of a device do the rounds, facts and figures tell another story. The iPhone 4S was unveiled only a day before Apple inventor Steve Jobs passed away and most industry pundits said the phone felt the phone fell short of the expectations everyone has from [...]
Apple iPhone 4S Launches To Lukewarm Reactions
Now that the Apple iPhone 4S is finally here, the industry is all abuzz with expectations being met (and failed), curiosity being satisfied and a sigh of satisfaction at finally being able to check out Apple’s latest offering in person.
Eastman Kodak moves towards bankruptcy, hires Jones Day.
Eastman Kodak Co’s move to hire law firm Jones Day triggers a speculative wave in the stock market that photography giant might look at the option of filing for bankruptcy, leading to a huge plunge in Kodak’s share prices.
ITRI comes out with i2R e-Paper which can be rewritten on over 250 times!
After winning the R&D 100 Awards, also known as the “Oscars of Innovation”, for three successive years in a row, the ITRI (Industrial Technology Research Institute) has been awarded this year for two eco-friendly technologies, one of which is the rewritable i2R e-Paper, basically a liquid crystal panel. Promising to be both environmentally friendly and [...]
Quarterly Results by Apple: Big Profits from China iPad iPhone Boom
With its third-quarterly earnings statistics showing an 82% increase in revenue, and 125% rise in profits year-on-year, Apple, while releasing these statistics, said that a massive jump in profits in China has contributed significantly towards Apple’s performance. With the released data suggesting that as compared to the 4% revenue share contributed by China over the [...]
iPhone-maker Foxconn considers $12 Billion Brazil expansion move
The Taipei-based Taiwanese company, Foxconn, popularly known for being Apple’s iPhone and iPad maker, is considering spending around $12 billion over five to six years towards expanding by setting up production facilities in Brazil. This information, regarding Foxconn’s intentions, was released in a statement made by Dilma Rousseff, Brazil’s President. If this comes through, Foxconn’s [...]
Ducab
Powering the Region Ducab is jointly owned by the Governments of Dubai and Abu Dhabi (50% each) and has one of the most modern manufacturing units in the region. Spread over two factories, it occupies an area of 590,000 square meters of land in Jebel Ali, Dubai and nearly 330,000 square meters in Mussafah, Abu [...]
