BP and energy peers propel the FTSE while banks drag September 8, 2010 EENERGY stocks led by BP pushed Britain’s top shares higher yesterday, outpacing falls in banks that were weighed down by European recovery concerns. The FTSE 100 closed up 21.92 points, or 0.4 per cent, at 5,429.74, after breaking a seven-session winning streak to close down 0.6 per cent on Tuesday at 5,407.82. Meanwhile the FTSE [...]
Samsung joins the queue of iPad killers September 2, 2010 Samsung’s first tablet computer will go on sale in two weeks, it said yesterday, joining the hunt to challenge Apple’s iPad. Global handset vendors and PC makers including Nokia, LG and Hewlett-Packard are moving into the new category of devices, between traditional PCs and smartphones, taking a cue from Apple. Dell said last month it [...]
Battle for the next stage of TV heats up August 26, 2010 DESPITE the ubiquity of the internet, television viewing habits on both sides of the Atlantic remain doggedly traditional. However, the battle for control of the next generation of TV viewers is hotting up. Manufacturers, such as Samsung are already rolling out internet-ready TVs as they prepare for a monumental shift in viewing habits. BBC’s hugely [...]
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 [...]