January 2014 Posts

Lenovo to buy Google’s Motorola in China’s largest tech deal

Lenovo Group said on Wednesday (29 January) it agreed to shop for Google Inc’s Motorola handset analysis for $2.91 billion, in what is China’s largest-ever tech accord as Lenovo buys its way into a heavily advancing US handset bazaar bedeviled by Apple Inc.

It is Lenovo’s additional above accord on US clay in a anniversary as the Chinese electronics aggregation angles to get a ballast in above all-around accretion markets. Lenovo aftermost anniversary said it would shop for IBM’s low-end server business for $2.3 billion.

The accord ends Google’s brief attack into authoritative customer adaptable accessories and marks a pullback from its largest-ever acquisition. Google paid $12.5 billion for Motorola in 2012. Under this accord the chase behemothic will accumulate the majority of Motorola’s adaptable patents, brash its award-winning assets.

Shares in Google climbed 2.2 per cent to about $1,131 in after-hours trading. Reuters appear the accord beforehand on Wednesday, citation sources accustomed with the deal.

The acquirement will accord Lenovo a beach-head to attempt adjoin Apple and Samsung Electronics as able-bodied as more advancing Chinese smartphone makers in the awful advantageous US arena.

In 2005, Lenovo muscled its way into what was again the world’s more good PC bazaar by affairs IBM’s claimed computer division. It has powered its way up the rankings of the all-around smartphone industry primarily through sales on its home accommodation but has brash a US attack of late.

“Using Motorola, aloof as Lenovo acclimated the IBM ThinkPad brand, to accretion quick believability and admission to adorable markets and body analytical accumulation makes a lot of sense,” said Forrester Analysis analyst Frank Gillett.

“But Motorola has not been cutting the lights out with designs or sales volumes in smartphones. So the amount is artlessly in cast acceptance to accomplish bazaar acceptance faster – and to aggrandize the architecture and business aggregation with aptitude accomplished at US and Western markets.”

Lenovo to buy Google's Motorola in China's largest tech deal

The accord is accountable to approval by both US and Chinese authorities.

Chinese companies faced the best analysis over their US acquisitions in 2012, according to a address issued in December by the Committee on Foreign Investment in the United States. Analysts say political issues could billow the deal, abnormally with Lenovo aggravating to allowance the IBM accord at the aforementioned time.

In the accord for the Motorola handset business, Lenovo will pay $660 actor in cash, $750 actor in Lenovo accustomed shares, and addition $1.5 billion in the anatomy of a three-year promissory note, Lenovo and Google said in a collective statement.

Rise Of The Chinese

In two years, China’s three more good handset makers – Huawei, ZTE Corp and Lenovo – accept alveolate into the top ranks of all-around smartphone charts, helped in allotment by their huge calm bazaar and dispatch allocution of a fresh force in the smartphone wars.

Huawei beneath to animadversion on the accord on Wednesday.

In the United States, the Chinese companies abide to attack with low cast awareness, perceptions of inferior affection and alike aegis concerns. In the third analysis of aftermost year, ZTE and Huawei accounted for 5.7 per cent and 3 per cent of all phones awash in the United States, respectively, abaft Apple’s 36.2 per cent and Samsung’s 32.5 per cent, according to analysis abode IDC.

Lenovo had negligible bazaar share

Globally, however, Lenovo ranked fifth in 2013 with a 4.5 per cent bazaar share, according to IDC. That’s up from 3.3 per cent in 2012 and about nil a brace years afore that.

On the Google front, the Internet aggregation has struggled to about-face about loss-making Motorola. Now it’s accommodating to footfall aback from the accouterments amphitheatre and bandy its weight abaft handset makers that bear its Android software, Kantar analyst Carolina Milanesi said.

“It all credibility to Google cerebration in the abbreviate run that they’re more good off action on Samsung and befitting them close,” Milanesi said. “And of advance now they’re enabling a additional able agent (Lenovo) in the Android ecosystem.”

Analysts had apparent Google’s Motorola accretion as primarily a way to defended the company’s accession of patents amidst the technology sector’s accretion acknowledged battles.

Many industry assemblage were afraid that Google did not anon advertise the accouterments analysis afterwards the accord closed, allotment instead to accomplish Motorola a abstracted company.

It did advertise Motorola’s cable television set-top box business to Arris Group Inc for $2.35 billion at the end of 2012.

Lenovo is actuality brash by Credit Suisse Group while Lazard Ltd brash Google on the transaction, the bodies said.

China sets world record on solar power installations

china installed a almanac 12GW of solar ability in 2013, acceleration its bulk of solar installations, according to basic figures. This is added than has anytime been installed by any country in a distinct year and agency that Ceramics installed three times added solar activity in 2013 than the absolute UK solar capacity.

No country has anytime added added than 8GW of solar ability in one year before, according to an assay by Li Shuo, a action and activity analyst at Greenpeace East Asia. It is additionally added solar than Ceramics had installed in all the years above-mentioned to 2013 put together, according to Li.

The basic solar abstracts are estimated by Bloomberg Fresh Activity Finance (BNEF) which advance activity abstracts globally. According to BNEF, this bulk may alike acceleration to 14GW due to a blitz to install solar activity appear the end of 2013 due to a feed-in assessment for ample photovoltaic projects advancing to an end by January 1. A final bulk is accepted by March.

Other estimates accept put the bulk lower but these could additionally acceleration due to the end of year increase. The Chinese Renewable Activity Industries Association (CREIA) put the bulk at 10.7GW and Chinese media has quoted industry sources putting the bulk at at atomic 9.5GW.

Li explained that a lot of abstracts are based on the aboriginal ten or eleven months of the year with a bump for December. “There was absolutely a blitz in the aftermost two months of the year in ramping up solar accession capacity,” he said because of the assessment catastrophe by the end of the year “a lot of solar developers were in a hurry”.

“The 2013 abstracts appearance the amazing calibration of the Chinese market, now the sleeping dragon has awoken” said Jenny Chase, arch of solar assay at BNEF in a columnist release.

“PV is acceptable anytime cheaper and simpler to install, and China’s government has been as afraid as European governments by how bound it can be deployed in acknowledgment to incentives.”

China sets world record on solar power installations

In absolute Ceramics added aloof over 100GW of fresh ability bearing accommodation in 2013. According to abstracts from BNEF, this is beyond than the absolute electricity accommodation of the UK or South Korea. Atramentous still charcoal China’s capital ability antecedent with 39.7GW coal-fired accommodation installed aftermost year. Hydro ability saw the abutting better access aftermost year with 30.5GW added while wind saw 14.1GW added.

Increasing its solar accommodation is allotment of China’s plan to access the bulk of renewable activity it uses as it attempts to move abroad from atramentous as its primary ability source. Li said that while atramentous still accounts for the above of China’s power, it is abbreviation as the country’s all-embracing activity appetence reduces.

The aerial levels of air abuse which affliction abounding of China’s cities is putting burden on the government to abate atramentous burning and in some of the affliction hit areas there is now a ban on fresh atramentous ability plants.

An affair in Ceramics with renewable activity is in affiliation to affiliation to the grid. It is decidedly a botheration with wind activity and some wind farms in alien areas of the country abide unconnected. According to a agent for Bloomberg, about 30% of the solar ability installed in 2013 is still cat-and-mouse connection. However they added that best solar developers are not afraid and it is a amount of time afore affiliation occurs and not a catechism of it it will occur.

Li said that the botheration of abutting to the filigree “is actuality bound in absolutely a big way over the accomplished two years. The government is alms a banking allurement for the filigree to aggrandize their network”.

Most of China’s solar installations are all-embracing projects, the majority of which are based in the brilliant western ambit of Gansu, Xinjiang and Qinghai. However, the Chinese government is planning a advance for abutting year to access the cardinal of rooftop installations.

The Chinese government is targeting up to 14GW of added solar accommodation this year, 60% of which they are aiming to be from roop-top installations rather than all-embracing projects. According to BNEF, this will accompany “additional acknowledged and banking complications for developers” and they adumbrate that this ambition will not be met but that there will be college advance in 2015.

Tatas Expect 40 Rise In Revenue From Defence Sector

The Tata Accumulation expects acquirement from the defence area to abound 40 per cent this banking year, additional by fresh orders, chief admiral said.

The Group’s acquirement from the sector, accepted for its atomic accord by Indian clandestine companies, is accepted to acceleration to Rs 2,400 crore in FY14, said Tata Sons’ accumulation controlling board affiliate Mukund Rajan actuality on Wednesday. In FY13, accumulation firms becoming acquirement of Rs 1,700 crore from the defence sector.

Rajan said 14 companies of the accumulation were affianced in defence-related businesses. “It is a booming business. We accept an adjustment book admeasurement of Rs 8,000 crore. Many of these would be completed amid the abutting one year to four years,” he added.

Tata Motors, Tata Power (Strategic Electronics Division) and Tata Advanced Systems (TASL) are three above entities aural the accumulation in the sector, accounting for the aggregate of the revenue.

Tatas Expect 40 Rise In Revenue From Defence Sector

EXPECTING A BOOSTIn FY13, accumulation firms becoming acquirement of Rs 1,700 crore from the defence sectorTASL, absolutely endemic by Tata Sons, holds all the above defence licences and is a actor in all the above development and shop for & accomplish programmes of the admiral of defenceTata Motors has supplied about 100,000 cartage to the defence armament and is now absorption on modernisation and arrangement upgrades of mobility

TASL, absolutely endemic by Tata Sons, holds all the above defence licences and is a actor in all the above development and shop for & accomplish programmes of the admiral of defence. Accumulation admiral said TASL had invested a little over Rs 400 crore in the accomplished bristles years and had set up assembly accessories advance over 450,000 sq ft beyond India. TASL has created a architecture and development centre for indigenising missile sub-systems and mini-unmanned aeriform vehicles.

Group companies are additionally attractive to aggrandize exports. Tata Motors afresh won a aggressive arrangement account Rs 220 crore, from the UN stablisation mission for Mali, Africa, adjoin all-embracing competition, said V S Noronha, vice-president-defence and government business.

He said they’d be bartering a little over 500 cartage in the abutting six months. The aggregation additionally exports to added African and Asian countries.

Tata Motors has supplied about 100,000 cartage to the Indian armament and is now absorption on modernisation and arrangement upgrades of advancement platforms, while affective from actuality a acumen abutment provider to a action agent player, accumulation admiral said. It afresh developed a WHAP (Wheeled Armoured Amphibious Platform) and LAMV (Light Armoured Multipurpose Vehicle). Tata Advanced Materials, Nelco, TCS, CMC, Tata Elxsi, TAL accomplishment solutions, Tata technologies, Titan Companies, Avana Integrated Systems, Nova Integrated Systems , and Tata Industrial Services are the added accumulation firms affianced in defence projects.

Samsung beats Nokia to become India’s most trusted brand of 2014

The Cast Assurance Report, India Abstraction 2014, a allegory of the assurance captivated in brands, shows that Samsung is India’s best trusted cast this year. Sony has been ranked additional and Tata third. In 2013, these three brands were ranked second, third and fifth, respectively.

This year, LG ranks fourth, followed by the three year leader, Nokia, at the fifth position. Hewlett Packard (HP) move up fourteen ranks over aftermost year to become India’s sixth best trusted cast and Hero leaps seventy-nine ranks to bag the seventh position. Honda ranked eighth followed by Reliance at cardinal nine . Mahindra betters its aftermost year rank by sixty-nine places to angle in the tenth best trusted brand.

Samsung beats Nokia to become India's most trusted brand of 2014

N Chandramouli, CEO, TRA said, “Samsung has developed steadily in assurance ranks over the aftermost four years – fifth in 2011, fourth in 2012, additional in 2013. When a cast focuses on its assurance with intensity, afar from assurance the cast assets in market-share, artefact exceptional and accepting of fresh articles as an automated by-product. Samsung’s action of absorption on the amount affluence of its cast is axiomatic from its ascend to administration in BTR 2014.”

The Report, fourth in its series, is a aftereffect of a primary analysis conducted on the proprietary 61-Attribute Assurance Matrix of TRA (formerly accepted as Assurance Analysis Advisory). This year’s abstraction complex 15,000 hours of fieldwork accoutrement 2,500 consumer-influencers beyond 16 cities in India. It generated 5 actor abstracts credibility and 20,000 brands from which the top 1,200 brands accept been listed in this year’s report. These brands accept been classified into 284 altered categories as adjoin 213 categories in 2013.

“Among the top 100 best trusted brands, 75 were net gainers while 25 took a fall. The gainers acquired an boilerplate of 86.23 ranks, while those that fell took a dip of 27.16 ranks on average, assuming that the boilerplate accretion amid the top hundred beats the boilerplate accident in ranks by 317%. A affiliated assumption could be fatigued that in the year that was apathetic for many, brands took the befalling to focus added on their assurance intangibles, scoring credibility in the process. For continued appellation sustainability and success, it is important that brands accept a continued appellation advance in trust”, Chandramouli added.

Intel’s voice recognition will blow Siri out of the water

Intel is about to accompany articulation acceptance technology abounding circle.

While articulation acceptance has been accessible on desktops for over a decade, it’s begin a fresh activity on adaptable devices, area it admiral things like Apple’s Siri basic abettor and Google Now. But to accomplish that belvedere leap, tech companies accept had to await on billow processing, which adds cogent delays and makes articulation commands bare after an Internet connection.

Intel’s big fix? Accompany articulation acceptance aback to the device.

Together with an bearding articulation acceptance technology provider, Intel has developed a fresh band-aid for its most recent adaptable processors to adeptness articulation commands locally, above a cruise to the cloud, letters Quartz’s Christopher Mims. That could ultimately advance to added acknowledging articulation commands and the adeptness to do things like behest emails alike back you’re in the average of nowhere.

Intel's voice recognition will blow Siri out of the water

“It’s accomplished if [voice acceptance systems] can’t accomplish a banquet catch because the buzz can’t get to the cloud,” Intel’s arch of wearables, Mike Bell, tells Quartz. “But why can’t it get me Google Maps on the buzz or about-face off the volume?”

Intel will aboriginal apparatus the technology in its “Jarvis” headset, a accessory appear beforehand this ages that will serve as the aperture to the company’s own basic assistant.

Intel formed an acceding with Nuance, architect of the accepted Dragon Naturally Speaking articulation acceptance software, two years ago to accompany its technology to Ultrabooks. Beforehand this month, the two companies appear the aboriginal annular of computers to accept that tech. Given this partnership, as able-bodied as Nuance’s ascendant role in the articulation acceptance amplitude (it additionally admiral Siri), I wouldn’t be afraid if Nuance is Intel’s abstruse accomplice for this fresh adaptable articulation acceptance tech.