Intel reported another drop in profits for the second quarter and narrowed its sales outlook for the full year, as the declining PC market continues to eat away at its business. Intel's profit for the quarter, ended June 29, was down 29 ...
Tags: Computer Products, software, intel
Upcoming Atom chips from Intel will appear in tablets priced as low as $150, the company's CEO said Wednesday, vowing that Intel will not get caught flat footed again by "the next big thing." Intel's low-power Atom chips are vital to its ...
Tags: Computer Products, software
The slowdown in the PC market decisively caught up with Intel today following second quarter results in which revenues fell by 5.1 per cent compared to the same quarter in 2012. The company posted revenues of $12.8bn in the second quarter ...
Tags: PC
Intel has moved to bring keyboard-free computing to PCs and mobile phones with the acquisition of Israel-based Omek Interactive. Omek offers software and programming tools that allow computers and handhelds to recognize hand and body ...
Tags: Computer Products, software
"Looking ahead, we will continue to deliver a strong value proposition to our established customers and also reach new customers as we diversify our business. We expect significant revenue growth and a return to profitability in the third ...
Tags: Third Quarter, Micro Devices
PC brand vendors originally hoped China's PC market would help cover their dropping sales from other major regions worldwide in the third quarter, but such a hope may not come true because demand in China's tier-1 to -2 cities had a larger ...
Weakness in the global economy, component shortages, sluggish demand for Windows 8 and the popularity of tablets all contributed to another double-digit percentage decline for the global PC market in the second quarter. PC shipments in ...
Tags: PC Shipments, Computer, Lenovo, HP
Battered by the nonstop onslaught of media tablets, the mobile PC market in 2013 delivered the worst second-quarter performance in 11 years, according to preliminary data provided by a PC Dynamics Market Brief from information and analytics ...
Tags: Mobile PC Market
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private. "ISS recommends clients vote for this transaction, which offers a 25.5 ...
Tags: Computer Products, software
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2% to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1%. The reduction "mainly reflects the impact of ...
Dell's special committee has advised company founder, and prospective new owner, Michael Dell, to raise his acquisition offer following an improved counter-offer by rival Carl Icahn and his associate investors. The independent committee, ...
Global growth in IT spending is slowing, according to analyst group Gartner, which forecasts that total spending in 2013 will amount to $3.7 trillion, an increase of just two per cent on the $3.6 trillion that it believes was spent ...
Tags: IT, Computer Products, software
Lite-On Technology has reported consolidated revenues of NT$216.05 billion (US$7.2 billion) for 2012 with net profits of NT$7.53 billion, an on-year growth of 4%. The firm plans to deal out a 2012 cash dividend of NT$2.35 and stock dividend ...
Tags: Lite-on Technology, Lighting, Cash Dividend
Styron said Monday it aims to raise polycarbonate prices by Eur200/mt ($267/mt) from July 1, as contract terms allow, to compensate for dwindling margins. It said margins had been declining since the start of 2012. It has already begun ...
Tags: Polycarbonate, Chemicals
Hewlett-Packard has shuffled the management of its PC division as it tries to sharpen its focus on growth markets. HP said that top executive Todd Bradley will step down from his role as executive vice president of the Printing and ...
Tags: HP, PC, Management Team