EU criticises WTO ruling on tech tariffs August 17, 2010 A ROW has erupted between the EU and the World Trade Organisation (WTO) over technology tariffs. The EU has slammed a World Trade Organisation report that orders it to end duties on electronic products. Brussels is now mulling an appeal against the ruling. The EU’s executive commission claims the WTO panel report fails to lay [...]
Samsung in record quarterly profit July 30, 2010 SAMSUNG Electronics has reported record quarterly profits thanks to increased sales of smartphones and memory chips. The South Korean firm’s net profit in the three months to the end of June was 4.28 trillion won (£2.3bn). That reprsented an 83 per rise on the same period a year earlier. Revenue surged by 17 per cent, [...]
Domestic demand adds to South Korea’s roar July 28, 2010 FROM shipbuilding and car manufacturing to world-class information technology and high-tech white goods, South Korea has gone from strength to strength since the 1960s. In the 1990s, South Korean multinational firms made a deliberate shift towards more high-technology goods and it is now home to well known household names such as Samsung, Hyundai, Daewoo and [...]
ARM sees 167pc profit spike after surge in demand for smartphones July 27, 2010 Rising demand for smartphones, netbooks and tablet computers saw chip designer ARM Holdings deliver a remarkable 167 per cent year-on-year spike in profit. The British company, whose designs are in more than 95 per cent of the world’s mobile phones, posted record pre-tax profit of £43.5m on revenue of £100m, both ahead of expectations. The [...]
Photo purists will adore this retro gem July 21, 2010 THE X1 is the first in Leica’s new compact digital camera series and arrives in a cabinet-like black box complete with two sliding drawers of accessories and manuals (the latter, with an English-language section of 50 pages, will no doubt soon join the recycling pile). The camera itself handles beautifully; it sits gracefully in your [...]
Microsoft shows Apple does not have monopoly on tablet PCs July 12, 2010 Microsoft chief executive Steve Ballmer showed off new tablet-style devices running the Windows 7 operating system from a host of top manufacturers yesterday, underlining the giant software company’s eagerness to counter the explosion of interest in Apple’s iPad. New Windows-powered tablet or slate devices — small, hand-held, wireless computers — are in the pipeline from [...]
Global IPOs to continue rise, indicates E&Y July 6, 2010 A REPORT by Ernst & Young shows global IPO activity has continued its momentum despite current market conditions. The figures, which come from E&Y’s seventh annual global IPO report, demonstrates both in terms of funds raised and deals completed that the momentum created in the first quarter has been sustained into the second of this [...]
Morgan Stan is top in global IPO rankings June 30, 2010 MORGAN Stanley has topped the underwriting league for initial public offerings (IPOs) in the first half of the year. A few large deals helped propel the Wall Street bank to first place, up from its number three spot at this time last year. It underwrote 36 deals with estimated proceeds of $5.9bn (£3.9bn) in the [...]
SNAP HAPPY June 23, 2010 Samsung NX10 A hybrid camera combining compact dimensions with digital SLR tech, the NX10 includes a 14 megapixel detachable lens, HD movie recording, and a very high quality, 3 inch viewing screen. £599 www.jessops.com Leica V-Lux 20 Taking a camera on your travels is one thing, but how about one that can record exactly where [...]
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 [...]