ELECTRONICS

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Mid-Day Minute - August 17

Wall Street tumbles on global recovery concerns, Fed, Treasury extend TALF to mid-2010 for CMBS; CIT completes debt tender, buys time to restructure

Telecom operators hurt selling iPhones

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Heavy subsidies shelled out by telecom operators around the world to lure consumers to buy an Apple iPhone have done nothing to increase profits, and have even dented them in some cases, a research report showed on Monday.
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Struggling Sony Ericsson taps new head

Sony Ericsson on Monday entrusted the head of Ericsson's U.S. technology division with the task of leading the struggling cellphone maker back to profit and reversing a sharp decline in market share.
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Microsoft prices Zune HD below iPod

Microsoft Corp put its new Zune HD digital music and video player on sale on Thursday, pricing it below comparable Apple Inc iPod devices, in an attempt to claw some market share away from the dominant leader.
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Zune HD now available for $219

Microsoft's next generation mp3 player, Zune HD, which set to start shipping on September 15, is now available for pre-order today for $299.
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Microsoft prices new Zune HD below iPod

Microsoft Corp put its new Zune HD digital music and video player on sale on Thursday, pricing it below comparable Apple Inc iPod devices, in an attempt to claw some market share away from the dominant leader.
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Euphoria over U.S. prepaid stocks fizzles out

The prepaid market has gone from a telecom darling to a precarious prospect in mere months as intensifying competition and signs of slowing growth at Leap Wireless suggest that the euphoria may have been premature.
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Applied Materials sees Q4 at least break-even

Applied Materials Inc , the world's largest producer of chip-making gear, said it would at least break even this quarter, thanks to new orders and deep cost cuts, sending its shares up almost 4 percent.
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Applied Materials beats Street, shares rise

The world's largest chip equipment maker, Applied Materials Inc , sharply narrowed its quarterly loss on better-than-expected revenue on Tuesday, thanks to a strong jump in new orders and deep cost cuts, sending its shares up 1.6 percent.
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Lenovo gears up in Chinese notebook market

China notebook of light weight and mobility took a major attraction in the market due to demand in low pricing pressure, according to market research firm DRAMeXchange on Tuesday.
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Apple to offer iPhone through Verizon, how about AT&T?

Apple might be close to announcing a partnership with Verizon Wireless so that the data-centric iPhone will be offered through a new wireless provider, giving the public the an option of a choice of wireless providers besides AT&T, according to UBS Investment Research analyst Maynard Um.
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Daily Wrap Up - August 10 Tech

Facebook Inc. said it has acquired FriendFeed, a start-up that allow users to share links and status updates online, folding in a potential rival that struggled to take off.
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Mid-day Minute - August 10 Tech

Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets. Nortel, once North America's biggest maker of telephone gear, also posted a bigger quarterly loss due to big reorganization costs and plunging sales, which it blamed on the weak economy.
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Israel's Partner Q2 profit up, awaits new iPhone

Partner Communications, Israel's second largest mobile operator, posted a 2.1 percent rise in quarterly profit but said the launch of Apple's latest iPhone would hurt cash generation in the second half.
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Dish Network profit falls

Dish Network Corp , the second largest U.S. satellite TV operator, on Monday posted a fall in quarterly profit, hurt in part by expenses tied to a litigation with TiVo Inc .
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Japan's Toshiba joins Blu-ray camp, post-HD-DVD

Japan's Toshiba Corp said on Monday that it will join the Blu-ray Disc Association -- its former enemy in a bitter format war -- to make blu-ray players by year-end to tap demand for high-definition home movies.
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Daily Wrap Up - August 7 Tech

A prominent technology analyst predicted that Apple Inc. would release a tablet or mini-computer for sale early next year, and that it could boost the consumer electronics company's revenue by 3 percent in 2010. Gene Munster, a Piper Jaffray analyst said the tablet from Apple will look like an iPod Touch, but a bit larger.

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