Headlines


Exclusive: China drops leading technology brands for state purchases
February 25, 2015
BEIJING: China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Others put the shift down to a protectionist impulse to shield China's domestic technology industry from competition. Chief casualty is U.S. network equipment maker Cisco Systems Inc , which in 2012 counted 60 products on the Central Government Procurement Center's (CGPC) list, but by late 2014 had none, a Reuters analysis of official data shows. Smartphone and PC maker Apple Inc has also been dropped over the period, along with Intel Corp's security software firm McAfee and network and server software firm Citrix Systems . The number of products on the list, which covers regular spending by central ministries, jumped by more than 2,000 in two years to just under 5,000, but the increase is almost entirely due to local makers.

Penang to Host Inaugural SEMICON Southeast Asia
February 25, 2015
The Semiconductor Equipment and Materials International issued the following news release: The inaugural SEMICON Southeast Asia, will run from 22-24 April at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Penang, Malaysia. The event promises to be larger and more comprehensive than its predecessor SEMICON Singapore, which has been held annually since 1993, with an expanded programme and larger audience base focusing on Southeast Asia communities in the semiconductor and microelectronics sector. The expanded strategy for the new SEMICON Southeast Asia Show -- between Singapore, Malaysia and potentially the rest of the regions -- will open new business opportunities for customers and foster stronger cross-regional engagement, according to SEMI, the event organiser. SEMICON Southeast Asia will feature a tradeshow exhibition, networking events, market and technology seminars, and conferences.

See here now: Telescopic contact lenses and wink-control glasses
February 25, 2015
An estimated 285 million people are visually impaired worldwide. Age-related macular degeneration alone is the leading cause of blindness among older adults in the Western world. But this week at the AAAS Annual Meeting in San Jose, California, Eric Tremblay from EPFL in Switzerland unveils a new prototype of his telescopic contact lens--the first of its kind--giving hope for better, stronger vision. The optics specialist also debuts complementary smart glasses that recognize winks and ignore blinks, allowing wearers of the contact lenses to switch between normal and magnified vision.

-New KODAK Offline Coating Solution Increases PROSPER Press Productivity
February 25, 2015
EYSINS, SWITZERLAND - A new solution from Kodak, the KODAK PROSPER IOS (Image Optimizer Station) Offline Coating Solution, extends Kodak's industry leading paper treatment solution from an in-line process to one decoupled from the printing process itself.

Nervous Markets Await Next Trading Cues
February 25, 2015
(RTTNews) - The major U.S. index futures are pointing to a slightly lower opening on Wednesday, with sentiment continuing to be cautious amid a lack of any major triggers that could decisively impact trading. Although Greece has succeeded in stitching a deal with its creditors, it remains to be seen if it could implement the reform measures it has promised. Earnings news of the day has been mixed, with HP's revenue performance and outlook likely to be a cause of concern, while Lowe's reported strong results. Fed Chair Janet Yellen's testimony before the House Financial Services Committee could be a repeat of her yesterday's remarks, traders could still stay glued to her speech to sift through it. The markets could also react to the new home sales data due shortly after the markets open. Crude oil prices are holding up since the Asian session after weakening in recent sessions. U.S. stocks moved mostly higher on Tuesday, as dovish comments by Yellen in her testimony before the Senate Banking Committee assuaged concerns about premature monetary policy tightening.

-Kodak Leading Market Transformation with Digital Inkjet Technology
February 25, 2015
EYSINS, SWITZERLAND - Since starting the year with a new organizational structure realigned for growth, Kodak's focus on inkjet technology has demonstrated successful participation in a strong breadth of applications and exciting customer wins. Enterprise Inkjet Systems Division is now an end-to-end operating unit focused on the portfolio, product design, engineering, services, sales, purchasing and supply chain.

Packaging Technology Development Engineer (NCG)
February 24, 2015
Altera has issued the following Job vacancy: Packaging Technology Development Engineer (NCG) Location: US-CA-San Jose Requisition ID: 4896 # of openings: 1 Description

Suit says Apple 'poached' electric battery maker staff
February 19, 2015
Apple has been sued by developers of an advanced automotive car battery for allegedly poaching key employees, providing evidence that the California tech giant is working on an electric vehicle.The lawsuit filed Wednesday in Massachusetts by A123 Systems claims that five employees were recruited by Apple in violation of a "non-compete" clause in their contracts.The complaints alleges that Apple "tortiously interfered" with those agreements by "poaching"employees identified as Muheeb Ijaz, Don Dafoe, Michael Erickson, DaPeng Wang and Indrajeet Thorat.A123 is a subsidiary of Chinese car parts giant Wanxiang Group, which invested in the Massachusetts firm in 2013.Apple did not respond to an AFP query on the lawsuit, and it has not commented on reports in the past few days that it is developing its own electric car.The Wall Street Journal reported that Apple has hired several hundred people for the project with the code name "Titan," which according to the report could be a car that incorporates some of the technology used on iPhones and iPads.The move, according to the report, would allow the Cupertino, California group to expand its product offerings to reduce its dependence on phones and tablets.This month Apple became the first company to be valued at over $700 billion after recently posting an unprecedented $18 billion in quarterly profits.Wamsi Mohan, analyst at Bank of America-Merrill Lynch, said he views an "iCar" as unlikely but suggests that Apple may be working on an improved technology platform for connected vehicles.In a note to clients, Mohan said of the Apple car speculation, "There is no clear technology adjacency to existing products," and noted that "the margins and returns are significantly lower than existing products."Mohan added that Apple "largely operates an outsourced manufacturing model that does not exist for automobiles."On the other hand, the analyst said Apple could well introduce "an operating system for the car that connects all the electronics/infotainment subsystem and sensors, and provides tightly integrated software to existing auto (manufacturers) or a system to support telematics that can be used for fleet management among other possibilities."Ben Reitzes at Barclays said, meanwhile, the Apple effort "makes sense to us down the road given the car is becoming a natural extension of the connected home and mobile ecosystem."Reitzes said Apple's strategy may be an effort "to make sure Android (and its link to Google Maps) isn't the dominant OS in the car over the long term."Some reports have said Apple could be interested in electric vehicle star Tesla, either through an investment tie-up or an acquisition.

Samsung Takes on Apple Pay With LoopPay Acquisition
February 18, 2015
Samsung today formally took aim at Apple Pay with its acquisition of LoopPay, a mobile wallet firm that lets users pay with their phones. "Our vision of inspiring consumers to transition from a physical wallet to a truly digital wallet will continue," co-founder Will Graylin wrote in a note on the LoopPay website. "I'm most excited that Samsung shares this vision and has chosen to help change how we shop and pay for goods and services. We look forward to working with Samsung to offer the world's most secure and compelling mobile platform."

Samsung buys digital wallet star to take on Apple Pay
February 18, 2015
Samsung Electronics on Wednesday announced a deal to buy LoopPay, a young digital wallet firm challenging Apple Pay at retailer checkout terminals.The South Korean consumer electronics giant did not disclose how much it is paying for Boston-based LoopPay, which was founded in 2013.LoopPay technology is compatible with approximately 90 percent of retail terminals to let customers tap their phones for payment with registered credit cards, according to Samsung.LoopPay has been built into smartphone cases as well as into fobs, or dongles, and transmits credit card data using magnetic fields to point of sale terminals in shops to effectuate transactions.Buying the company will allow Samsung to use the technology to infuse its smartphones or tablets with mobile wallet capabilities that will work with magnetic stripe readers already in most shops."Through this deal we can significantly accelerate our mobile commerce efforts," said Samsung global innovation center executive vice president David Eun."We are excited to take our relationship with LoopPay to the next level, by bringing consumers a mobile wallet solution that is not just safe and reliable, but also widely accepted at more locations than any competing service."LoopPay founders Will Graylin and George Wallner will join Samsung's mobile division, according to mobile team president JK Shin.Apple has boasted that banks, shops and other businesses are embracing Apple Pay technology that lets new-generation iPhones be used as secure digital wallets.Apple, which uses a different wireless technology for its iPhone payment system, has said use of its mobile wallet is growing.


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