Nokia announced Tuesday that it will lay off about 220 employees from its R&D division in Japan, a bit more than 1 percent of the company’s worldwide R&D workforce. The layoffs are part of the company’s efforts to align its global research & development operations with new products. Nokia Siemens Networks, the network equipment maker …
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Nokia to lay off up to 330 R&D staffers
Nokia said Friday that a streamlining effort could result in the elimination of as many as 330 positions from its research and development staff, or about 2 percent of its global R&D workforce. Microelectronics research at Nokia. NOkia The changes will likely hit up to 230 workers in the company’s Oulu site in Finland and roughly 100 at its Copenhagen …
Read More »Survey: Third of teens text while driving
Despite increased publicity over the dangers of texting while driving, many teenagers (like many adults) have yet to get the message. A third of cell phone users aged 16 and 17 admitted to texting while driving, according to focus groups and a report released Monday by Pew Research. For the report, “Teens and Distracted Driving,” Pew surveyed 800 kids aged …
Read More »Cisco boosts bid for Tandberg to $3.41 billion
Cisco Systems has bumped up its buyout offer to $3.41 billion for video conferencing company Tandberg. The network giant’s initial bid received a thumbs down from most of Tandberg’s shareholders, who felt the initial $3 billion offer undervalued the company. So far, more than 40 percent of Tandberg’s stockholders, which includes investment firm OppenheimerFunds and Norwegian government pension fund Folketrygdfondet, …
Read More »AT&T expands its cloud service
AT&T has unveiled its latest cloud-based offering, which lets businesses grab more computing capacity when they need it. The company announced on Monday its Synaptic Compute as a Service, designed to let IT staffers store and maintain internal applications and data via AT&T’s cloud. Capacity and availability can be ramped up when needed, especially if a company’s own data center …
Read More »HTC expects rough fourth quarter
After a string of weak quarters, mobile phone maker HTC is eyeing more of the same for the current quarter but is hoping for better results next year. The Taiwan-based company expects sales for the fourth quarter to drop to between 40 billion and 42 billion Taiwan dollars (between $1.23 billion and $1.3 billion), around 15 percent lower than in …
Read More »Smartphone market unfazed by recession
Consumer demand for smartphones seems to be unstoppable. In the third quarter, vendors shipped a record 43.3 million devices, up 4.2 percent from last year’s third quarter and up 3.2 percent from this year’s second quarter, says a report released Thursday by market researcher IDC. IDC Among smartphone vendors, Nokia still enjoys the greatest market share, according to IDC, with …
Read More »Telecom providers announce LTE standard
In the battle between LTE and WiMax for wireless broadband, LTE may have just gotten another boost. A group of leading telecom service and equipment providers, including AT&T, Verizon, Nokia, and Samsung, announced a new standard Thursday for delivering compatible voice and messaging services using Long Term Evolution (LTE) networks. The standard, dubbed the One Voice initiative, offers a set …
Read More »Nokia Siemens eyeing cost cuts, layoffs
Damaged by lower sales, huge operating losses, and a falling market share, Nokia Siemens Networks is pinning its hopes on a major reorganization. The network equipment maker, jointly owned by Nokia and Siemens, announced Tuesday that it will lay off 5,700 employees and cut its five business units to three as part of a plan to slash expenses by 500 …
Read More »Cell phone sales inch up in third quarter
The cell phone sales slump may soon be over. The global cell phone industry captured mild gains in the third quarter, with total shipments reaching 287.1 million units, according to a report released Friday from IDC. That number marked a 6 percent decline from the same quarter in 2008 but a 5.6 percent jump over 2009’s second quarter. With the …
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