Samsung denies Nokia interest June 11, 2012 Samsung Electronics denied yesterday it was interested in acquiring Nokia. Nokia shares rose six per cent last Friday on speculation of a possible buyout offer. “Such reports are purely speculative and are not true,” the company said.
Samsung denies interest in Nokia June 11, 2012 Samsung Electronics has denied it was interested in acquiring Nokia, sending shares in the Finnish mobile phone company down two per cent. Nokia shares rose six per cent on speculation of a possible buyout offer. “Such reports are purely speculative and are not true,” the company said.
New boss at Samsung as top jobs reshuffled June 7, 2012 SAMSUNG Electronics, Asia’s technology powerhouse battling Apple for smartphone supremacy, is shifting its chief executive to a new role as the family-run parent company prepares to transfer ownership control to a third generation. Choi Gee-sung, 61, will assume the new role of head of corporate strategy at Samsung Group, which presides over some 81 companies [...]
Shares in HTC plummet to a two-year low June 7, 2012 SHARES of HTC fell to their lowest intraday level in more than two years yesterday after the smartphone maker warned of lower revenues and was named in a patent lawsuit by rival Apple. The world’s fifth largest smartphone vendor, battling to regain market share from Apple and Samsung, suffered a rapid fall from grace in [...]
Sony chiefs to forgo bonuses after big loss June 5, 2012 SONY’S new boss and six other top executives will return their performance-based bonuses for the past fiscal year, the Japanese company said yesterday after posting on Friday its fourth consecutive annual loss. Chairman Sir Howard Stringer and chief executive Kazuo Hirai are among the top dogs who will not receive their bonuses, which in the [...]
Samsung uses mobile technology to foster our Olympic enthusiasm June 5, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 51 DAYS TO GO Q What was your brand’s primary reason for being involved with the Games? A The Olympics is one of the world’s great inspirational events. It’s a great way to develop our reach and relationship with our consumer base, by helping them to be inspired [...]
TECH NEWS May 30, 2012 New poker app lands on Android and iOS A new app from PokerStars will let you show off you silky card skills – or give your cash to strangers – on the go. The slick app, which is available on iOS and Android, is easy to use and fiendishly playable. Former pro Victoria Coren played [...]
Galaxy S III hits UK stores with new music app May 29, 2012 SAMSUNG yesterday turned up the heat in its battle with Apple by launching a mobile music service to rival iTunes. Its new Music Hub song service is available on the new Samsung Galaxy S III, which hit UK shelves yesterday. The free Music Hub Store offers a 19m-strong song catalogue from which users can buy music or [...]
Japanese chipmaker Renesas cuts 12,000 jobs and sells units May 27, 2012 JAPANESE chipmaker Renesas Electronics plans to sell off loss-making operations and cut its payroll by at least 12,000, a source close to the matter said over the weekend, as the company battles high costs and nimbler foreign rivals. Sources also confirmed that Renesas, the world’s largest maker of microcontroller chips for cars, aims to raise [...]
Google finally takes Motorola Mobility after China says yes May 22, 2012 GOOGLE yesterday completed its $12.5bn (£7.9bn) acquisition of Motorola Mobility after receiving the green light from the Chinese authorities. “Long-time Googler” Dennis Woodside was ushered into the top spot, taking over from Sanjay Jha as Motorola Mobility’s chief executive. In a blog post, Google boss Larry Page said: “Many users coming online today may never [...]