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 [...]
Microsoft flashes cash to promote WP7 October 17, 2011 MICROSOFT will hand £28m to Nokia and Samsung to spend marketing handsets running the latest version of its Windows Phone mobile software. The move is Microsoft’s latest attempt by to force its way into the smartphone market, with Windows Phone 7 (WP7) languishing in an industry increasingly dominated by Google’s Android and Apple’s iOS. It [...]
BlackBerry brand seriously hurt by outages, according to our panel October 16, 2011 THE BlackBerry brand has been seriously damaged by the recent outages that left users with no data services for three working days, according to the City A.M. / PoliticsHome Voice of the City Panel. More than half of the 355 people surveyed said it will take longer than six months for BlackBerry to restore its [...]
Apple wins ban on Samsung Tab October 13, 2011 A COURT slapped a temporary ban on the sale of Samsung Electronics’ latest computer tablet in Australia yesterday, handing rival Apple another legal victory in the two firms’ global patent war. Resolution of the case could take months, which, in the fast-moving industry, could mean the new Galaxy tablet is never launched in Australia.
Sony to recall 1.6m Bravia TVs October 12, 2011 Sony may recall 1.6m of its Bravia LCD TV screens after failures caused several to melt or emit clouds of smoke. At least 11 TVs in Japan have been struck by the faulty part. The setback is the latest blow for Sony’s struggling TV business, which is heading for its eighth straight year of losses [...]