Nintendo, Sony and Microsoft to join China’s £8bn gaming market January 7, 2014 CHINA has ended its 14-year ban on foreign-made games consoles which has blocked Sony, Microsoft and Nintendo from selling devices to the country’s 1.3bn citizens. While PlayStations and Xboxes have long been available in China illegally, PC gaming is the only legitimate form of gaming and has flourished due to the popularity of online gaming [...]
Brand Index: Britain must up its game to get a reputation made in China January 7, 2014 ON AN official trade mission to China last October, George Osborne declared that he was staggered by the progress and can-do attitude of the Chinese, and warned that Britain needs to “up our game” if we’re to compete. New research from YouGov in China shows this to be true, with perceptions of British-made products and [...]
Google’s Android software to ship on over 1bn devices in 2014 January 7, 2014 DEVICES shipped using Google’s Android operating system will number over a billion in 2014, according to research group Gartner. The number of new Android users is set soar 26 per cent to 1.1bn over the course of the year. Gartner forecasts that the strongest demand for devices will come from emerging markets. In contrast, Apple’s [...]
UK 4G growth is second fastest in the world as EE hits 2m users January 7, 2014 MOBILE giant EE yesterday said it had surpassed two million 4G users, just four months after exceeding a million users, doubling the company’s original target for 2013. EE’s current 4G sign up rate is now the second fastest in the world, behind South Korea. The mobile network also confirmed that 75 per cent of small [...]
Sony’s streaming game service January 7, 2014 Sony last night revealed PlayStation Now, a service that will bring streaming PlayStation games not only to PS4, but also PS3, PlayStation Vita, and even televisions, tablets, and smartphones. The service is due to roll out in the US this summer, but Sony did not disclose a date for the European launch. At the Consumer [...]
Bendable TVs shown off by LG January 7, 2014 LG and Samsung showed off curved TVs last night that can have their curvature adjusted by the viewer. The so-called bendable TVs are designed to enhance the viewing experience by changing how bent the screens are based on user’s distance from the screen. Samsung’s TV has an 85in screen while LG’s comes in a smaller [...]
Intel going conflict-free in 2014 January 7, 2014 Starting this year Intel is making and shipping “conflict-free” microprocessors. The chip maker said it has made a “rigorous effort” to ensure its sources of specific metals – tin, tantalum, tungsten and gold – are not funding human rights abuses, particularly in the Democratic Republic of Congo. Chief executive Brian Krzanich, who was speaking at [...]
Moller-Maersk sells off £1.9bn grocery holding January 7, 2014 MOLLER-MAERSK is dropping shopping for shipping by selling off most of its stake in Netto’s parent company for around 17bn kroner (£1.9bn). Chief executive Nils Andersen is cutting the focus of the firm to shipping, port services and its oil unit. The Danish conglomerate will hand over a 49 per cent stake in Dansk Supermarked [...]
European cable operator Altice announces $1bn share sale plan January 7, 2014 ALTICE, a multinational cable and telecoms provider, yesterday outlined its intention to float on NYSE Euronext in Amsterdam. The company’s executive chairman Patrick Drahi, as well as other members of the management team, will sell sufficient shares to leave the group with a free float of around 25 per cent. Currently Drahi and some other [...]
Drugmaker Eli Lilly expects 2014 earnings in line with forecasts January 7, 2014 ELI LILLY yesterday forecast its profit will fall by up to one-third this year, as cheaper generic forms of its Zyprexa schizophrenia treatment and Cymbalta depression drug hurt results, but the outlook was in line with expectations. The US drugmaker said it expects earnings, excluding special items, at $2.77 to $2.85 per share in 2014. The [...]
