Nokia reported increased sales and profit for the second quarter, lifted by strong performance in multimedia products. Mobile phone sales contributed to the sales gain, but falling margins in that division meant a slight decline in operating profit there.
Hewlett-Packard hopes to save US$1.9 billion a year through a massive reorganization in which it will cut 14,500 jobs, or around 10 percent of its workforce. It will also link sales and marketing efforts more closely to business units, eliminating the Customer Solutions Group which sold to enterprise customers, it said Tuesday.
Microprocessors from Advanced Micro Devices (AMD) are once again taking a prominent place in PCs manufactured by Fujitsu Siemens Computers GmbH, the companies announced Tuesday.
Symantec has named the six former Symantec directors and four former Veritas directors who will sit on its 10-member board, following the completion of its merger with Veritas Software on Saturday.
Nortel Networks named former Hughes Electronics Chairman Harry Pearce as the new chairman of its board of directors following a meeting of shareholders Wednesday.
IBM, Siebel Systems and Hewlett-Packard (HP) weighed in with renewed support for businesses building an SOA (service-oriented architecture) on Tuesday, adding new software, services and support centers.
Cisco Systems has agreed to pay $US30 million for a year-old start-up, Netsift, which develops deep packet processing technology.
DoCoMo will begin selling a mobile phone combining Wi-Fi and 3G (third-generation) functions on July 1, according to the phone's manufacturer, Motorola.
TPV Technology will soon become the world's largest manufacturer of PC monitors, after acquiring some of the flat screen TV and monitor businesses of Koninklijke Philips Electronics NV.
Batteries in some notebook computers from Fujitsu-Siemens Computers can overheat, with a risk of fire. The company had recalled the batteries in some of its Amilo notebook computers, and would replace affected batteries free of charge, it said.
Microsoft has revealed details of the concessions it offered last week to the European Commission in negotiations over how it will comply with the terms of an antitrust case settlement.
Agilent Technologies is equipping mice with laser sensors, the better to see on smooth surfaces such as highly polished wood or frosted glass.
Nortel Networks' net income and revenue for the fourth quarter of 2004 both declined compared to a year earlier, but increased compared to the third quarter, the company said Monday.
Lucent Technologies has reported a fourfold year-on-year increase in net income for the second quarter of its 2005 fiscal year, on revenue up 6 per cent, and announced a reorganisation of its network equipment business units.
French telecommunication equipment maker Alcatel reported revenue for the first quarter up 3.7 percent, but net income down 55 percent compared to a year earlier. Revenue from sales of mobile phone networks rose while that from fixed telecommunications networks declined. The company's enterprise networking revenue remained stable, it said Thursday.
Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.
By Kalyan Madala, CTO, IBM ASEANZK
