‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
The five tech trends set to change your world in 2011 February 17, 2011 MOBILE World Congress (MWC), the world’s biggest mobile phone show, ended yesterday. Here City A.M., looks at the biggest trends to emerge from the show and looks at how they could affect your life over the next year. THE SHADOW OF NOKIA/MICROSOFT THE bombshell dropped by Nokia the weekend before MWC kicked off, when the [...]
Nokia chief Elop comes out fighting February 16, 2011 NOKIA boss Stephen Elop took to the stage for his keynote speech at Mobile World Congress yesterday with calls for his resignation ringing in his ears. A group of shareholders, all former Nokia employees who are dismayed by his decision to ditch the Symbian operating system in favour of Microsoft’s Windows Phone 7 (WP7), issued [...]
New devices give shot in ARM February 16, 2011 UK CHIP maker ARM was one of the big winners from this year’s Mobile World Congress, with its royalties set to rocket from the uptake of its processors powering many of the new devices on show. It receives up to two per cent of the selling price for its Cortex designs, against nearer one per [...]
Smartphone sales rocket as Apple bites February 9, 2011 GLOBAL smartphone sales grew an astonishing 72 per cent, with next-generation handsets now making up almost a fifth of receipts, according to new research by Gartner. BlackBerry-maker Research In Motion (RIM) and Apple crept ahead of industry stalwarts Sony Ericsson and Motorola in total phone sales, with both claiming close to three per cent of [...]
Pocket camcorders February 9, 2011 PUT it down to the rise of the video blogger, the omnipotence of YouTube or the influence of mobile phones and digital cameras with video options, but the game has changed when it comes to recording moving images. Everyone’s a filmmaker these days, and you don’t need mini-DV to do it. A couple of years [...]
Wolfson continues recovery February 8, 2011 Wolfson Microelectronics continued to recover in the fourth quarter as its chips were designed into more products in the fast-growing smartphone, gaming and ebook sectors. Wolfson, whose chips are in Samsung’s Galaxy S smartphone and Amazon’s Kindle ebook reader, reported underlying operating profit of $1.3m (£800,000), against a $4.3m loss a year ago, on revenue [...]
Vodafone to sell the Nexus S Google phone after deal with Carphone ends February 7, 2011 THE Google-branded Nexus S smartphone will end its exclusive run with the Carphone Warehouse, with Vodafone revealing it will start stocking the handset. Vodafone did not confirm when the handset will be available but it is understood it could be in UK stores as soon as March. City A.M. revealed last year the handset, manufactured [...]
Amazon to compete with Netflix February 2, 2011 Amazon is developing a film streaming service that would see it compete directly with firms such as Netflix, according to industry sources. It is understood Amazon is planning to bundle access to the streaming service with Amazon Prime, a scheme that guarantees Amazon customers unlimited free next-day shipping of books and other items sold by [...]
Panasonic will cut costs as earnings fall in third quarter February 2, 2011 PANASONIC is planning further cost cuts to compete with South Korean rivals including Samsung, after stiff price competition in televisions and a stronger yen hurt its quarterly profit. Panasonic reported an operating profit of 95.36bn yen (£700m) for October to December, lagging an average forecast of 109.1bn yen. The maker of Viera TVs and Lumix [...]
Arm beats forecasts with 47pc profit jump February 1, 2011 Chip designer ARM beat expectations with a 47 per cent rise in fourth-quarter profit on , helped by booming growth in smartphones and tablet computers, and said it was well placed for 2011. The company, whose architecture is licensed to chipmakers like Infineon , Qualcomm and Samsung, reported pre-tax profit of 47.6 million pounds on [...]