MARKETS / FINANCE

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Electronic Wafer Shipments Grow 18% in 2006

A recent survey conducted by semiconductor industry association SEMI found that silicon wafer production is expected to rise 18 percent in 2006, indicating strong growth for the semiconductor industry as a whole.

Hard Disk Manufacturers Cut Prices for Market Share

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Shareholders approved the acquisition of hard disk manufacturer Maxtor to rival Seagate in May, giving a Seagate a 5 percent growth in market share. The sudden surge, however, has triggered a price war as rivals vie to cease lost market share.
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Nokia to Bring Web 2.0 to Mobile Phones

Nokia, the world's largest cell-phone manufacturer, announced a new service on Tuesday allowing web-developers and content producers to multicast RSS (real simple streaming) data and user generated-content to mobile phones of any manufacurer.
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Fuel cell powered phones years away: Nokia

Consumers will still have to wait a few years before they can swap the batteries of their cell phones for more environment-friendly fuel cells, the world's top handset maker Nokia said on Tuesday.
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Skyworks Cuts 10 Pct. of Workers, Halts Baseband Operations

Skyworks Solutions, Inc., a wireless semiconductor company said on Monday it will end its baseband operations and will instead sharpen the focus on its core business. The company also announced 10 percent cut in its worldwide workforce.
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AOL to Give away Parental Control Software

AOL announced on Monday that its parental control features typically found in its online subscriber suite will now be available for free to all users.
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Nokia Moves to Offer GPS in Phones

Nokia announced on Monday an exclusive licensing agreement with global positioning system technology developer Trimble, in a move to add navigation and location features to Nokia mobile phones.
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Toshiba Introduces HD-DVD for Notebook Computers

Toshiba announced the world's first HD-DVD writer today, offering a slim form-factor for the new hi-definition media which can be integrated into notebook computers.
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Battery Recalls May Cost Industry over $280 mln

The recall of Sony manufactured batteries for notebooks by major PC manufacturers could cost the PC industry over $280 million, one market research firm concludes.
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EA Acquires Battlefield Creator

Electronic Arts, the world largest video game developer, announced the acquisition the creators of the Battlefield franchise on Monday, vowing to expand the franchise to next-generation consoles and platforms.
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Semiconductor Industry Hit Record Sales

The worldwide sales of semiconductors reached record sales levels for August, increasing over 10 percent from previous years according to industry observers.
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Screeching mobiles will give thieves ear bashing

Mobile phones that emit a piercing scream that will give all but the deafest thieves pause for thought was launched in Britain on Monday in a bid to tackle crime which costs millions of pounds each year.
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Online gaming in crisis over U.S. ban

Online gambling firms faced their biggest-ever crisis on Monday after U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off company values.
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Apple's Aperture Available for Download

Earlier this week Apple Computer released the latest iteration of its post-production photography software, Aperture 1.5 to retail consumers, but on Friday, the firm announced that the tool will be available for download as well.
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Car to Driver: Please Replace My Fuel Pump

Imagine your car warning you of an icy road ahead, reading aloud the text messages arriving on your phone and sending you an e-mail that your fuel pump needs replacing soon.
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Shutterfly to Trade on NASDAQ

Shutterfly Inc., an Internet-based digital photography website, announced on Friday its first public offering of common stock on NASDAQ which will begin trading at $15 per share.
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Induslogic Inc. Top Tech Firm in Virginia

Deloitte & Touche gave an award to Induslogic Inc. for being the fastest growing technology company in Virginia at a ceremony on Thursday evening.
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Yahoo Services to Come Standard on HP Computers

Yahoo and Hewlett-Packard have signed a deal to feature Yahoo services, including search, on the HP computers sold in the United States and European Markets.
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HP unveils new high-definition products

The products including a 17-inch widescreen HD-DVD notebook PC, a HD-DVD Media Center TV PC with and an HD-DVD external drive for PCs.
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Zune: Hurts Microsoft and Partners more than Apple

Yesterday, Microsoft announced pricing and release dates for its anticipated Zune portable media player. Once thought to be the greatest threat to Apple's dominant iPod lines, some experts now contend that the device will do more damage to Microsoft partners instead.
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Sony Battery Woes Deepen

Toshiba Corp. and Fujitsu Ltd. joined a growing list of computer makers recalling Sony Corp. batteries in the latest blow to consumer confidence in Sony's reputation as a manufacturer. Toshiba announced a recall of 830,000 laptop batteries prone to short-circuiting and even catching fire.
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Indian Automotive Electronics Market Poised for Growth

Advances in the Indian automotive sector, especially in engine technologies, are key drivers to the Indian automotive electronics market, potentially pushing growth over 21 percent in the next five years a new report indicates.
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IBM, Xing to Bring Wireless Karaoke Remote

IBM and Xing Inc., a subsidiary of Brother Industries, announced a partnership to design and develop wireless karaoke controllers, allowing users to search for songs and order food or drinks from their tables.
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HP's Acquisition of VoodooPC Immaterial: Analyst

On Thursday, HP Inc. announced the acquisition of PC manufacturer VoodooPC, maker of specialized gaming desktops and notebooks, however some experts contend the purchase will have little affect on HP's revenues.
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Dell, Sony to Increase Battery Recall

Dell announced on Friday that an additional 200 thousand batteries need to be recalled, expanding the initial recall the firm placed in August.
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Craigslist Founder Says He Won't Cash In

The founder of craigslist, the free social networking and classifieds Web site, said on Thursday he is not interested in selling out, a few hours after social networking site MySpace was valued at $15 billion.
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Cyworld Signs Hollywood Agent to Recruit Partners

Korean social networking Cyworld's recently launched U.S. unit said on Thursday it signed with a Hollywood talent agency to help it win licensing deals with media properties that appeal to young Web users.
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Only a Moron Would Buy YouTube, Says Mark Cuban

Billionaire investor and dot-com veteran Mark Cuban had harsh words on Thursday for YouTube, the online site that lets people share video clips, saying only a moron would purchase the wildly popular start-up.

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