Flextronics International is set to buy rival electronics manufacturer Solectron for $3.6 billion in cash and stock in a move to cut costs and expand its product line. The smaller Milpitas, Calif.-based Solectron will become a subsidiary of Flextronics in a merger that will create a single contract ...
Telecommunications gear maker Ericsson said Tuesday it would buy Redback Networks, which makes routers used by telecom carriers to direct data traffic, for US$2.1 billion. Sweden-based Ericsson said it would pay $25 in cash for each of share Redback stock, an 18 percent premium over Tuesday's closin...
Mobile phone shipments grew a vigorous 26 percent year-to-year, reaching an unprecedented 235 million units shipped during the second quarter of 2006. Nokia and Motorola accounted for a massive 55 percent combined market share during the quarter, according to a research report from Strategy Analytic...
Consumers are saying that mobile music services are exceptionally overpriced -- at least 85 percent higher than they actually feel comfortable paying. A new research report by Strategy Analytics, entitled, "Mobile Music USA: Sprint Service Preferred to VCast But Price Premiums Too High on Both," ind...
Mobile equipment maker Ericsson filed patent infringement suits Friday against Samsung, saying its rival was using a variety of its technologies without authorization. Sweden-based Ericsson filed suit against Samsung in the U.S., UK, Germany and The Netherlands. The actions came after talks aimed at...
Mobile phone maker Sony Ericsson became the latest high-profile technology company to disappoint investors with its first quarter earnings report, saying today that low-price handsets from competitors was pinching its profits. Sony Ericsson said it earned US$41 million in the first quarter, a 61 per...
Following competitors' footsteps on a path that promises to obliterate the line between what once were standalone devices, Sony Ericsson said it plans to launch a line of phones under the Walkman brand that are much a portable music player as a phone handset. The devices are just the latest to take ...
Accessibility of service
Convenience in any situation
Cost-effectiveness
Eco-friendliness
No need for parking
Safe ride when having too much fun
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