Research in Motion plans its big comeback on the stage with its new BlackBerry 10 smartphone to be launched in couple of months. The new RIM BlackBerry 10 smartphone is expected to help the company to get on its legs after not so profitable and successful time as it struggles for market share against iPhone and Android smartphone competitors. RIM, the BlackBerry maker, also informed that it planned to reveal the company’s quarterly results on the 27th of September.
Olympus Corp., which is a Japanese maker of medical equipment and camera, have admitted being guilty along with its three former executives on Tuesday, according to the reports. They have accepted the charges that are related to an accounting of 1.7 billion dollars in one of the biggest corporate scandals in Japan.
Foxconn Technology Group based in Taiwan has closed its plant in Taiyuan in the northern part of China as a result of a brawl that rose out of a personal dispute. The brawl involved as many as 2000 workers out of whom 40 were injured in one of its dormitories late at night of Sunday.
Iran has planned to block the access to Google and create a domestic internet system for its citizens. According to the officials this is a way by means of which they will be able to improve the system of cyber security in Iran. On the contrary however, it is feared by many Iranians that this a new upcoming way of the Government to control their access to the World Wide Web.
Foxconn Technology Group, a major supplier of Apple Inc., has halted the production at a plant located in northern China because of the brawl among workers. The incident involved as many as 2,000 workers of Foxconn Technology Group. A large scale incident, which forced company’s officials to suspend production at the factory, had taken place at a dormitory and approximately 40 people were injured, according to a source.
A fund connected to the Japanese government has taken a bailout of chip maker, Renesas Electronics, into account as part of a group comprising of Toyota Motor Corp., making a counter offer against a bid worth $1.3 billion or 100 billion yen for the company by KKR private equity firm.
Sony Corp. has just announced a new, smaller and lighter version of the PlayStation 3 console, which is to be sold this holiday season. By launching the new smaller PlayStation 3 Sony tries to lure back its consumers, who are attracted by games played on mobile devices and PCs. But it is not the first move in the battle with smartphone gaining popularity in the “gaming society”. Just in August, Sony Corp. introduced PlayStation Mobile which is an initiative aiming at enabling Android devices to play PlayStation games.
Oracle Corp. has published its fiscal first-quarter profit that missed analysts’ estimates as company’s sales of computer hardware dropped for a sixth period. According to released data, Oracle Corp.’s quarterly profit grew by 11 percent, yet the noticeably weaker sales showed the slowdown in technology spending.
Wal-Mart Stores Inc., which is the U.S. largest retailer, informed on 20th of September that it had decided to stop selling Amazon.com Inc.’s Kindle tablets and e-readers. By making this decision Wal-Mart Stores Inc. has joined another retailer, Target Corp., in its choice to drop sales of Amazon Kindle tablets. The move seems to be made just after a pricing dispute. Furthermore the decision of Wal-Mart Stores Inc. is said to be a sign of growing competition between the world’s largest store chain and Amazon.com Inc. Company’s official informed concurrently that Wal-Mart Stores Inc. would focus on the sale of Apple Inc.’s iPad and other gadgets, which consumers are more interested in.
Yahoo Inc. was finally able to complete a long awaited Yahoo-Alibaba deal with China’s Alibaba Group worth $7.6 billion, giving rise to a windfall that could play a major role in easing the pain of Yahoo Inc.’s shareholders who have been forced to suffer because of the faults of the company over the course of the past few years.
Elpida bondholders in the U.S., who have staunchly resisted the planned sale of Elpida Memory Inc. to Micron Technology Inc., brought new facts to light on Monday which could potentially spell doom for the Elpida-Micron deal. The bondholders claimed that the bankrupt chipmaker Elpida, which is based in Japan, had been involved in several unauthorized transactions with respect to its assets in the U.S.
The New iPhone 5, the latest smartphone of Apple Inc., will go on sale at company’s retail stores in the U.S. at 8 a.m. local time on the 21st of September. The newest Apple Inc. smartphone will be also sold at AT&T, Sprint and Verizon, and retailers such as Best Buy, Radio Shack, Target and Wal-Mart as well. The New iPhone 5 will have its premiere in 22 more countries on 28th of September, just one week after the “big day” in the U.S. And even though there are few days left to the “big day” of the New iPhone 5, a record two millions preorders were placed just in one day for Apple Inc. latest smartphone on the 14th of September.
According to a judge, Apple Inc. did not in any way violate patents owned by Samsung Electronics in producing the company’s popular iPod Touch, iPad and iPhone. The statement was issued in a preliminary ruling at the International Trade Commission held on Friday.Terms of the DisputeThe dispute between the two major electronics companies have reached extreme proportions with either of them dragging the other to court in some 10 countries over patent rights. Both Samsung Electronics and Apple Inc. are rivals; out to grab the maximum share of the large scale and ever-expanding mobile industry.
Apple Inc.’s shares took a leap, reaching a record high level on Friday. One analyst attributed this to “iPhone 5 fever” as the corporation announced that a few customers needed to wait up to two to three weeks to get their hands on the new Apple Inc.’s smartphone which is not only slimmer and faster but also accounts for almost half of the company’s overall revenue.
Nintendo Co. is all set to sell its new Nintendo gaming console titled the Wii U in Japan at a price of $340 or 26,250 yen as the creator of the mega popular game title Super Mario looks to gain the lead in gaming from Microsoft Corp. and Sony Corp. and fend off smartphone and tablet manufacturers headed by Apple Inc.
On 12th September, as it had been rumored, Apple Inc. has unveiled its newest product – iPhone 5. At the official iPhone5 unveiling the company announced that Apple Inc.’s sixth-generation smartphone would be released on 21st of September, just only one week after its official premiere. At the iPhone 5 event the already-legendary company introduced its the thinnest, lightest, fastest smartphone it had ever produced.
Philips Electronics was forced to increase its target of cutting costs up to $1.4 billion or 1.1 billion euros. The company issued a statement that it has opted to cut a further 2,200 work positions while it struggles to cope with the miserable state of the economy and the costs involved with pensions.
Online mega retailer, Amazon.com Inc., is projected to unveil a brand new Amazon tablet this Thursday. This could be the latest attempt by the company to gain control over the market in the ensuing struggle for domination of portable access to the World Wide Web. They think that Amazon is required to have gadgets that can allow consumers to buy and enjoy digital content.
Finnish mobile manufacturer, Nokia Inc., which has sustained major losses, has been left with no option but to lower Lumia phone costs of some of its earlier smartphone models running on software from Microsoft Windows Corp. Shareholders gave the newest Lumia phones of the company a quick thumbs-down, following which the news broke just a day later on Thursday, according to sources related to the industry.
According to any and all indications, an iPhone 5 release will take place on the 12th of September as Apple Inc. invited all reporters to a news conference next week in San Francisco. The email suggests that the iPhone 5 launch should be expected then, confirming months of rumors and speculations. The email, moreover, leaves little doubt that at the conference the long-anticipated iPhone 5, or whatever name Apple Inc. has chosen for the next generation of its iPhone, will be released.
Shortly after a large victory over competitor Samsung in a federal court in California in regards to patent violation across roughly 26 Samsung’s devices, smartphones and tablets, Apple decided to go back to court and amended a separate amended patent infringement complaint in a separate case against Samsung. An Apple’s new complaint is made against 17 Samsung’s devices, including Samsung’s newest smartphones like Samsung’s Galaxy S3.