EMEA Technology Correspondent
Tarmo's Feed
Mar 20, 2012

Tieto to cut 1,300 jobs in revamp

HELSINKI, March 20 (Reuters) – Finnish IT services group
Tieto plans to cut 1,300 jobs, or 7 percent of its
staff, as it struggles to compete against global rivals like IBM
.

The company’s share rose 6 percent to the highest level in
13 months on the move, which Tieto said will cut annual costs by
50 million euros ($66 million).

Mar 15, 2012

Next star authors could be found online

HELSINKI, March 15 (Reuters) – For novelists, the days
of sending manuscripts to dozens of publishers and anxiously
awaiting a reply may soon be over.

Thousands of writers who use online literature networks like
teen-friendly Movellas or Penguin’s Book Country, are already
receiving instant feedback, altering texts on a whim and having
their work read by the public no matter what a publisher thinks.

Mar 14, 2012

Ericsson readies revamp, soon a takeover target

NEW YORK/HELSINKI, March 14 (Reuters) – ST-Ericsson is
preparing to unveil a major operations revamp within two weeks,
placing the troubled mobile chip venture on track for a takeover
by a peer or competitor that would create a formidable rival to
Qualcomm Inc.

ST-Ericsson, a 50-50 joint venture of Sweden’s Ericsson
and France’s STMicroelectronics, is seen as
a “strategic asset” for potential buyers. Those could include
Advanced Micro Devices Inc, Nvidia Corp, Intel
Corp and Texas Instruments Inc, three sources
familiar with the situation told Reuters.

Feb 29, 2012

Nokia Siemens axes 3,500 in Latin America deal exit

BARCELONA, Feb 29 (Reuters) – Nokia Siemens Networks
has cut 3,500 jobs by exiting a large services deal in
Latin America, part of the telecom equipment vendor’s strategy
of focusing on higher-margin businesses, its chief executive
told Reuters.

Rajeev Suri said the latest move would be in addition to the
17,000 job cuts — almost a quarter of the group’s workforce –
announced in November.

Feb 27, 2012

Chinese target smartphone incumbents with cheap phones

BARCELONA/HONG KONG, Feb 27 (Reuters) – While veterans
Nokia and BlackBerry struggle for survival, the power in the
surging smartphone industry has started to move to China where
agile manufacturers are coming out with models comparable to
their Western rivals, but at cheaper prices.

In 2012, Chinese vendors Huawei Technologies Co Ltd
and ZTE Corp are set to grab more market
share globally, analysts say, as they shift away from making
basic feature phones to churn out more smartphones, a sector
where growth is strong and profit margins are bigger.

Feb 27, 2012

Nokia unveils cheaper Windows smartphone

BARCELONA (Reuters) – Nokia has unveiled a new, cheaper smartphone using Microsoft’s Windows Phone software, targeting a wider market for its new range of smartphones.

Nokia last year dumped its own smartphone software in favor of Microsoft’s Windows Phone, but the move has so far had limited impact due to the high prices of phones using it.

Feb 27, 2012

Alliance forms web-based rival to Android, Apple

BARCELONA, Feb 27 (Reuters) – An industry alliance including
the top wireless chipset provider Qualcomm will step up
competition in the smartphone software market on Monday, with a
new Internet-based free technology for cheaper smartphones.

Telecom operator Telefonica, Qualcomm and Mozilla
Foundation, creator of Firefox Internet brower, who have worked
on creating the platform since last year, will show devices
running it at the Mobile World Congress trade show in Barcelona.

Feb 27, 2012

HTC bets on cameras, music to recover smartphone mojo

BARCELONA/TAIPEI (Reuters) – Taiwan’s HTC Corp, the world’s No. 5 smartphone maker, launched a range of models on Sunday, packing advanced cameras and music functions into new designs in a push to recover from a rapid fall from grace in a challenging and fickle market.

The new phones, unveiled at the Barcelona Mobile World Congress, are crucial for HTC in its battle with Samsung Electronics and Apple Inc, a fight it was losing at the end of last year when its sales slumped and investors dumped its shares on concerns it had lost its edge.

Feb 26, 2012

HTC eyes recovery with new smartphones

BARCELONA/TAIPEI, Feb 26 (Reuters) – Taiwan’s HTC
, the world’s No. 5 smartphone maker, launched a new
range of smartphone models on Sunday, hoping the fresh designs
will help it to recover some of the lost market share.

The new smartphones are crucial for HTC in a cut-throat
market place — dominated by Samsung Electronics and
Apple Inc — as lack of new, outstanding models has
sent its sales sinking over the last months.

Feb 26, 2012

HTC eyes market share recovery with new smartphones

BARCELONA/TAIPEI, Feb 26 (Reuters) – Taiwan’s HTC
, the world’s No. 5 smartphone maker, launched on
Sunday a new range of smartphone models, hoping the fresh
designs will help it to recover some of the lost market share.

The new smartphones are crucial for HTC in a cut-throat
market place — dominated by Samsung Electronics and
Apple Inc — as lack of new, outstanding models has
sent its sales sinking over the last months.