Sony buys out Ericsson JV October 27, 2011 SONY has called time on its European joint venture with Ericsson, taking full control of their telecoms business for €1.05bn (£920m). Sony Ericsson has struggled to gain traction in a fiercely competitive smartphone market dominated by the likes of Apple and Samsung. The business will now become part of Sony’s consumer division. Analysts expect much [...]
Nokia: Lumia will dispel our stuffy image October 26, 2011 NOKIA yesterday unveiled the “hero” handset it hopes will allow it to compete with the likes of Apple and Samsung. The Lumia 800 is the first device from the Finnish company to use Microsoft’s Window Phone 7 software, following the sweetheart deal penned by the two struggling telecoms players earlier this year. Chief executive Stephen [...]
Nokia Lumia 800 FIRST LOOK October 26, 2011 THE LUMIA 800 was a launch Nokia couldn’t afford to get wrong: described by boss Stephen Elop as its new “hero” device, it is also the first running Windows Phone 7, the software upon which it has staked its future. The event certainly had a sense of theatre: a giant shutter slowly opened to reveal [...]
Blockbusters at the touch of a button October 26, 2011 NETFLIX, the US online film service, announced on Monday that it will be launching in the UK in 2012. The company looks set to change the way we watch movies, but already has some tough competition. Here we tell you everything you need to know. What is Netflix? Netflix is an online film service that [...]
ARM boss Warren East plans to take over the world – one chip at a time October 25, 2011 Afew years ago a friend of mine tipped a little-known chip designer called ARM Holdings. He said it was going to be the next big thing. A year later, after its shares had shot up, he cursed his luck for not taking his own advice. But he prudently decided not to invest while it was [...]
Panasonic to cut its output October 23, 2011 Japanese electronics maker Panasonic Corp will scale back domestic semiconductor output by the end of March 2012 and cut about 1,000 jobs, reflecting its recent move to reduce TV panel production, the Nikkei business daily said yesterday. All of the firm’s five domestic chip-manufacturing facilities will cut output. The firm is struggling to compete with [...]
Olympic Media Buzz LONDON 2012 PARTNERS October 23, 2011 IN ASSOCIATION with Repskan, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 12 October to Wednesday 19 October. While [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 20, 2011 FINANCIAL TIMES KKR BETS ON CHINA SLOWDOWN WITH HK EXPANSION Kohlberg Kravis Roberts is set to expand into Hong Kong in an early bet by the US private equity group on a slowdown in the Chinese economy. The buy-out group, which is among the largest in the world, is planning to expand into Hong Kong [...]
LG Display sees a record loss October 20, 2011 SOUTH Korean flat-screen maker LG Display, a key supplier to Apple, posted its biggest quarterly loss yesterday as tepid demand for televisions and computers hit panel prices and one-off losses weighed. LG Display, which vies with home rival Samsung Electronics for the top position in LCD flat screens globally, reported a quarterly loss of £275m, [...]
Motorola in phone launch to rival Apple October 20, 2011 MOTOROLA yesterday set out to show it is still a force in the mobile market with a “reboot” of its top-selling Razr handset, saying the phone is “out of the league” of rivals Apple and Samsung. The ultra-thin device, the first launched since Google announced its $12.5bn (£7.91bn) takeover of the firm, looks set to [...]