EE chief encouraged Apple to change iPhone 5 for 4G October 22, 2012 OLAF Swantee, the chief executive of Orange and T-Mobile owner EE, personally intervened to convince Apple and other smartphone manufacturers to make their devices run on EE’s new high speed “4G” network, Swantee claimed yesterday. The new EE service, the details of which were announced today, will be the first 4G network in the UK, [...]
Nokia posts £787m loss as sales falter ahead of crucial period October 18, 2012 SALES of Nokia’s flagship smartphones failed to impress over the summer ahead of the launch of the crucial next generation of models, although figures released by the Finnish firm yesterday showed that cheaper models performed well. Nokia posted a loss of €969m (£787m) in the three months to October, its sixth successive quarterly deficit, although [...]
Apple loses UK court battle on claims Samsung copied iPad October 18, 2012 APPLE failed yesterday to overturn a UK court judgement ruling that Samsung’s Galaxy Tab had not copied the iPad and ordering the Californian firm to run newspaper adverts saying so. The Court of Appeal upheld the High Court’s July verdict that Samsung did not infringe on Apple’s intellectual property, in part because Samsung’s device was [...]
Dutch chip firm ASML buys US’s Cymer for €2bn October 17, 2012 DUTCH microchip equipment maker ASML is set to spend €1.95bn (£1.6bn) on Cymer, a US technology company whose technology is crucial to making the next generation of smartphone chips, the company said yesterday. ASML saw a flood of investment from microchip manufacturers Samsung, Intel and others over the summer, in order to fund new research [...]
Setback for Apple as court throws out injunction on Samsung phone October 11, 2012 A US appeals court yesterday overturned a preliminary injunction on the sale of Samsung’s Galaxy Nexus smartphone, dealing a setback to Apple in its battle against Google’s increasingly popular mobile software. Apple, whose shares fell two per cent yesterday, is waging war on several fronts against Google, whose Android software powers many of Samsung’s devices. [...]
Arm loses non-exec to Samsung October 11, 2012 Cambridge-based chipmaker Arm Holdings said yesterday one of its non-executive directors is leaving the firm at the end of the year to focus on an executive role at electronics giant Samsung. Young Sohn, a veteran of Silicon Valley and the former chief executive of US semiconductor group Inphi, has sat on Arm’s board since 2007. [...]
Apple share drop erases market gains October 11, 2012 US stocks ended flat yesterday after gains brought by a sign of improvement in the labor market were erased in part by a drop in Apple shares after a legal setback in a court ruling. Apple fell two per cent to $628.10 after a US appeals court overturned a preliminary injunction on the sale of [...]
What the other papers say this morning October 10, 2012 FINANCIAL TIMES Goldman “muppet hunt” draws blank Goldman Sachs has told its board of directors that an internal investigation found little substance to allegations made by Greg Smith, the disaffected employee who claimed the bank has a “toxic environment” where bankers refer to clients as “muppets”. The review found that weeks before his public resignation [...]
Samsung in new Apple challenge October 10, 2012 Samsung will release a smaller version of its popular Galaxy SIII flagship smartphone in Europe today, the head of Samsung’s mobile business said, raising competition against Apple’s new iPhone. The model will be in direct competition with the iPhone 5, which was unveiled in early September and boasts a bigger, four-inch screen than its earlier [...]
New handsets fail to lift HTC October 8, 2012 HTC posted a record profit drop yesterday, as the smartphone maker failed to keep up with Samsung and Apple over the summer. The Taiwanese firm said poor sales of its flagship handsets had led to a 79 per cent fall in profits, from T$18.7bn (£400m) to T$3.9bn in the last quarter. Turnover fell 23 per [...]