Wednesday, June 19, 2013
 
 

By Leila Abboud

PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses.

The new plan unveiled on Wednesday by Michel Combes, the company's new chief executive, will also include unspecified asset sales of above 1 billion and 2 billion euros in debt re-financing
  [READ MORE]
 
 
 
TAIPEI (Reuters) - Acer Inc, the world's No.4 PC vendor, said on Wednesday that it expects notebook and tablet PC shipment to be flat in the second quarter from the first quarter, versus an prediction of 0-5 percent growth made in April.

Acer Chairman J.T. Wang made the comment to repo...
  [READ MORE]
 
(Reuters) - Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.

Kodak said creditors agreed to backstop an offering that would let...
  [READ MORE]
By Alina Selyukh

WASHINGTON (Reuters) - Tom Wheeler, President Barack Obama's pick to lead the Federal Communications Commission, on Tuesday pledged to champion competition in the telecommunications industry and said an upcoming auction of airwaves is the biggest challenge facing the r...
  [READ MORE]
 
By Noel Randewich

SAN FRANCISCO (Reuters) - Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.

Huang told ...
  [READ MORE]
 
PARIS (Reuters) - Telecommunications gear maker Alcatel-Lucent aims to cut a billion euros in costs and focus on the IP router business and mobile broadband as part of a strategic revamp to be unveiled by its new chief executive on Wednesday, French daily Les Echos reported.

The paper said...
  [READ MORE]
 
By Noel Randewich and Bill Rigby

SAN FRANCISCO (Reuters) - Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.

...
  [READ MORE]
 
 
MORE NEWS
 
 
 
 
 
 
 
 
 
 
 
 
 





About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines