Headlines


Total investment in YotaPhone development at US$ 15 million
October 21, 2014
Yota Devices invested only US$ 15 mln in development and making the first YotaPhone, 1/10th the orginal iPhone cost of development. International companies invest much more in development of their smartphone models. For example, Nokia invested US$ 200 mln in this in 2012-2013, and development of the original iPhone ended up costing approximately

GOV. SHUMLIN ISSUED THE FOLLOWING STATEMENT OCT. 20 ON THE PLANNED SALE OF IBM VERMONT FACILITIES TO GLOBALFOUNDRIES
October 21, 2014
ONTPELIER, Vt., Oct. 20 -- Gov. Peter Shumlin, R-Vt., issued the following press release: "IBM announced this morning that it plans to sell its semiconductor production business, including its facilities in Vermont, to GlobalFoundries, a company with a strong track record of performance in semiconductor manufacturing. GlobalFoundries plans to maintain the workforce and continue operations in Vermont, good news for the talented Vermonters employed by the plant and for our whole state.

GOV. SHUMLIN, STATE AND LOCAL OFFICIALS, AND BUSINESS LEADERS ADDRESS PLANNED SALE OF VERMONT IBM PLANT TO GLOBALFOUNDRIES
October 21, 2014
ESSEX JUNCTION, Vt., Oct. 20 -- Gov. Peter Shumlin, R-Vt., issued the following press release: Gov. Peter Shumlin was joined today by business groups, employers, local officials, lawmakers and others to offer strong state partnership to GlobalFoundries. The Santa Clara-based semiconductor manufacturer today announced its intention to purchase IBM's facilities in Vermont and continue operations and employment at the plant. GlobalFoundries said that manufacturing at the facility will continue, with robust demand supporting plant operations and employment. The announcement ends months of uncertainty about the fate of the plant due to IBM's strategic realignment of its business away from silicon chip manufacturing.

Shortlist Announced for LTE North America Awards 2014
October 21, 2014
October 21, 2014DALLAS, TX - - Today, the organisers of LTE North America announced the shortlist for the prestigious LTE North America Awards, which celebrate the triumphs and innovations of the regional LTE market. Taking place on November 19 during the LTE North America conference and exhibition, the 5th annual LTE North America Awards will bring together the key decision makers responsible for driving LTE in the region.

India LED Television Market Outlook to 2018 - Rising Price Competition With New Players Entry
October 21, 2014
•The LED and OLED television market in India is expected grow at an estimated CAGR of 40% by FY'2019.•Future Growth of LED Television market is expected to be led by the sales of 32 inch LED Televisions.

Mubadala chip unit in $1.5bn deal with IBM
October 21, 2014
IBM will pay GlobalFoundries US$1.5 billion over the next three years for the Mubadala-owned company to take on its floundering microelectronics business. IBM is shedding the unit to focus on the development of cloud computing, mobile and big data analytics and semiconductor research in which it has invested $3bn over five years.

5,000 ENERGY-EFFICIENT LED STREETLIGHTS APPROVED IN CITY OF SANTA CLARA PEDESTRIANS, BICYCLISTS AND DRIVERS TO BENEFIT FROM ENHANCED SAFETY OF IMPROVED LIGHTING
October 21, 2014
The following information was released by the City of Santa Clara: Walking, biking and driving through many Santa Clara neighborhoods at night will become safer next year after the City of Santa Clara City Council approved a Silicon Valley Power (SVP) project that will provide over 5,000 new Light-Emitting Diodes (LED) streetlights in the southern part of the City.

Washington: Electronics Mechanic Leader Job in RICHMOND, KY
October 21, 2014
US Army has issued the following job vacancies: Electronics Mechanic Leader Job in RICHMOND, KYVacancy No. SWAU142448471235616 Department U.S. Army Chemical Materials AgencySalary $22.92 to $26.76 Grade 11 to 11Perm/Temp Permanent FT/PT Full-timeOpen Date 10/20/2014 Close Date 10/29/2014Job Link Apply Online Who may apply Status CandidatesLocations:RICHMOND, KY Job Description (Please follow all instructions carefully) Job Title:Electronics Mechanic (Leader)

Acuity Brands enhances P Series family of LED recessed lighting
October 20, 2014
HIGHLIGHT: Acuity Brands, Inc., a manufacturer of electronics, has enhanced its P Series family of LED recessed lighting from Lithonia Lighting.

Lockheed Martin announces delivery of GLM instrument
October 20, 2014
HIGHLIGHT: Lockheed Martin Corporation, which develops air and missile defense systems, has announced the delivery of the Geostationary Lightning Mapper, or GLM, instrument, which reportedly provides earlier alerts of developing severe storms.


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