HAMBURG, Sept 4 (Reuters) – Top executives of consumer
electronic companies, gathered at a trade fair, offer differing
opinions about the sustainability a European economic upswing.
“As far as looking at Europe we have seen good development,”
navigation device maker Navigon Chief Executive Egon Minar told
Reuters in Berlin on the sidelines of IFA, Europe’s largest
consumer electronics trade fair.
BERLIN, SEPT 3 (Reuters) – Car audio systems maker Harman
International Industries Inc (HAR.N: Quote, Profile, Research) is eyeing upto eight
acquisition targets as it aims to boost its technological
expertise and gain access to emerging markets.
“There are seven to eight very strong candidates we are
looking at,” Dinesh Paliwal told Reuters on Friday at the IFA
consumer electronics fair. He declined to name them.
FRANKFURT (Reuters) – Germans are not known to be a nation of spendthrifts but when it comes to consumer electronics they throw caution to the wind — much to the delight of exhibitors at Berlin’s IFA trade fair starting this week.
“Germans are currently in a downright buying frenzy,” said Jeffry van Ede, board member of German tech industry body Bitkom.
FRANKFURT/SAN FRANCISCO (Reuters) – U.S. chipmaker Intel Corp (INTC.O: Quote, Profile, Research) unveiled a deal on Monday to buy German chipmaker Infineon Technologies AG’s (IFXGn.DE: Quote, Profile, Research) wireless unit for $1.4 billion (905 million pounds), as it claws its way into the booming smartphone market and cuts its reliance on personal computers.
The deal is the second major acquisition in two weeks by Intel with an eye to a future where telephones, tablets, cars and household appliances are increasingly connected to each other through networks.
FRANKFURT (Reuters) – Intel is to buy German chipmaker Infineon’s wireless unit for $1.4 billion, enabling the U.S. chipmaker to boost its presence in the smartphone market.
The cash transaction is expected to close in the first quarter of 2011 and the mobile unit will remain as a standalone business, the companies said in a statement on Monday.
FRANKFURT/MUNICH (Reuters) – U.S. chipmaker Intel and Infineon are likely to announce an agreement on the future of the German chipmaker’s wireless business this weekend, three people familiar with the matter said.
The deal is likely to happen within the next two days, the people told Reuters on Friday, adding talks were close to conclusion but could hinge on a detail.
FRANKFURT/MUNICH, Aug 27 (Reuters) – U.S. chipmaker Intel
(INTC.O: Quote, Profile, Research, Stock Buzz) and Infineon (IFXGn.DE: Quote, Profile, Research, Stock Buzz) are likely to announce an
agreement on the future of the German chipmaker’s wireless
business this weekend, three people familiar with the matter
The deal is likely to happen within the next two days, the
people told Reuters on Friday, adding talks were close to
conclusion but could hinge on a detail.
FRANKFURT, Aug 25 (Reuters) – European broadcaster RTL Group
AUDK.LU said it was more optimistic for 2010 as advertising
revenues grew more than expected, fuelling hopes that corporate
marketing spend was back to stay.
RTL Group, which suffered like other broadcasters through a
steep decline in ad markets especially in the first half of
2009, said the rebound was powered by overall economic recovery.
FRANKFURT, Aug 24 (Reuters) – Cable television company Kabel
Deutschland (KD8Gn.DE: Quote, Profile, Research, Stock Buzz) (KDG) slightly hiked its outlook for the
full year as demand for its Internet and telephony offers
boosted first-quarter results.
Germany’s largest cable operator, which went public in
March, said on Tuesday it will likely reach the upper end of its
core profit target range for the fiscal year of 715 million
euros ($909.3 million) to 725 million euros.
HELSINKI/FRANKFURT (Reuters) – Mobile operators risk alienating lucrative smartphone users if they follow the example of AT&T (T.N: Quote, Profile, Research) in ending all-you-can-use mobile data plans to ease pressure on their creaking networks.
According to a survey carried out by GfK NOP in association with Reuters in Britain, users of smartphones such as the Apple (AAPL.O: Quote, Profile, Research) iPhone care more about their mobile data allowance than they do about their choice of operator or even handset brand.