Infineon mulls €1bn wireless unit sale June 15, 2010 GERMAN chipmaker Infineon has hired JP Morgan (JPM) to map out a possible divestment of its mobile phone chip unit. The US investment bank is looking into a range of options, including a sale, reports said yesterday. Industry sources said Infineon has already held talks with PC chip giant US-based Intel. Some analysts have said [...]
Yahoo and Nokia set their sights on dual dominance May 25, 2010 YAHOO and Nokia yesterday unveiled a wide Internet services deal, including maps and e-mail service, as the two battle new rivals on the wireless market. The role of mobile services and software has increased sharply since Apple and Google entered the industry, forcing traditional phonemakers like Samsung and Nokia to hurry to build up their [...]
It’s sun, camera, and action for the holiday May 24, 2010 JVC GZ-HM1 £694.00 www.hi-camera.com This model has storage for six hours of 1,080p video on its 64GB flash memory (plus room for three hours more in its memory slot) and is a winner in this year’s Press Association awards. Optical image stabilisation enables smooth use of the 20x zoom with additional advanced stabilisation for panning. [...]
Smartphone sales to double May 20, 2010 GLOBAL shipments of smartphones may grow 50 per cent this year and drive explosive expansion in high-end display sales over the next five years, according to Samsung. Samsung has gone into overdrive producing seven times the number of ultra-thin mobile screens used in high-end smartphones than it did last year. But the firm’s mobile display [...]
Chip makers fined for price fixing in new EU procedure May 19, 2010 NINE memory chip makers, including world leader Samsung Electronics, were fined a total €331m (£284m) by EU regulators yesterday for illegally fixing prices. The EU antitrust watchdog levied its biggest penalty of €145.73m against Samsung, while Infineon was fined €56.70m and Hynix Semiconductor €51.47m for a cartel of Dram (Dynamic Random Access Memory) chip makers [...]
Samsung and Lovefilm tie up May 17, 2010 Samsung and Lovefilm yesterday announced they will tie up to stream movies direct to customers’ internet-ready TVs. Existing Lovefilm subscribers will be able to stream unlimited movies through their specially enabled Samsung TVs immediately. The firm says blu-ray players and home cinema systems will be incorporated into the scheme soon.
Sharp to step up LCD TV sales May 17, 2010 JAPAN’S Sharp said brisk demand in Asia’s emerging economies will offset most of the impact on its business from Greece’s debt problems and the euro’s weakness. Sharp, the world’s fourth biggest LCD TV maker behind Samsung, Sony and LG, said it planned to double the number of outlets in China that sell its Aquos TVs [...]
Vodafone to reveal surge from iPhone May 16, 2010 VODAFONE is expected to announce strong results tomorrow off the back of strong smartphone sales. The soaring popularity of products including Apple’s iPhone will lead to a spike in revenue of around seven per cent, according to analysts. This would bring the full-year revenue for the telecoms giant to around £44bn. Its profit before tax [...]
Sony aims to make its TV and games units profitable this year May 13, 2010 SONY saw a five per cent rise in revenue for the year to the end of March but admitted the going is still tough, especially in its native Japan. It aims to turn its TV and games divisions profitable in 2010 after investing heavily in new technology in recent years. It has slashed jobs, shut [...]
SPITALFIELDS MARKET: SEEKING OZ CLARKE OF THE REAL ALE SCENE May 12, 2010 REMEMBER that cushy job as a caretaker of a desert island that caused such a stir when it was advertised a year or so back? Well, The Capitalist might just have discovered an even more covetable role – at least for the beer-loving socialites of the City. Old Spitalfields Market is looking for someone to [...]