Tag: manufacturers

Nortel reports $3.4 billion loss, cuts 1,300 jobs

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Woo boy, I guess I was a little more right than I thought about more bad economic news; this time it hits a little closer to home.

¬≠Canadian telecommunications equipment manufacturer Nortel Networks has posted a loss of US$3.4 billion in Q3 2008, it’s largest loss in the past seven years. Revenue was down 14% year over year to US$2.32 billion and 1% year-to-date.

Commenting on the market dynamics, Nortel President and Chief Executive Officer Mike Zafirovski said: “In September, we signaled our view that a slowdown in the market was taking place. In the weeks since, we have seen worsening economic conditions, together with extreme volatility in the financial, foreign exchange and credit markets globally, further impacting the industry, Nortel and its customers. We are therefore taking further decisive actions in an environment of decreased visibility and customer spending levels.”

Nortel also announced plans to cut a further 1,300 jobs, on top of a previous round of cuts of 1,200 staff. About a quarter of the job cuts will occur this year, with the rest in 2009. None of the remaining staff will receive pay rises in 2009, unless already agreed. The cost savings are expected to reduce annual gross costs by approximately US$400 million in 2009.

|via CN|

Golden Shellback, the future of the waterproof BlackBerrys (audio)

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Remember Golden Shellback
, those guys who were waterproofing iPods, BlackBerrys and all sorts of other electronics? Well, we had a chance to talk with Sid Martin about the process, when we can expect it to go public, the possibility of manufacturers like RIM picking it up, and how much it might cost you. For more info and updates on Golden Shellback, be sure to check out their site.

Hit the jump for the interview with Golden Shellback, as well as key snippets…

Marvell downgraded after losing contract for BlackBerry Javelin

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BlackBerry JavelinChip manufacturer Marvell saw a downgrade status rating on the stock market today from Jefferies & Co. due to losing the contract with RIM to provide parts for the upcoming BlackBerry 8900 (a.k.a Javelin) to competitor Freescale. The folks from Friedman, Billings, Ramsey & Co. didn’t see it as quite that bad of a hit to Marvell.

“Not to minimize Freescale’s successful efforts, but we still think there is plenty of room for Marvell to feed at the Blackberry trough,” [analyst Craig Berger] wrote. “We believe Marvell’s unit shipments to Research In Motion could grow by 60%-80% this year.”

RIM’s been buying from Marvell for a long time, so we’re left to wonder what spurred the change in supplier. It could be as simple as going with the lowest bidder, but maybe Freescale’s got something that Marvell doesn’t… I guess we’ll have to wait for the Javelin around late November to see if she runs any differently.

(via MarketWatch)

Windows Mobile outsells BlackBerry in Asia 6-to-1

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Windows Mobile ad with MonkeyThe Opera Mini survey awhile back went to show just how popular BlackBerry is here in North America, but another survey by Springboard Research has revealed that BlackBerry devices are getting drastically outsold in Asia-Pacific. Windows Mobile devices racked up 6 million sales last year, versus RIM’s paltry 1 million. One of the main reasons for this, according to the researchers, is the high cost of push e-mail service for people in that region, making it a poor option for small and medium businesses. BlackBerry Unite! is helping a bit, since it’s free and can keep companies of up to 5 users linked together, but really it seems like a local NOC would go a long ways to increasing adoption in Asia-Pacific. There’s been talk about a factory opening up in China, and some kind of data centre in India to get around that whole security issue, but surely the biggest end result would be lowered costs for everyone in the neighbourhood. Still, with ad campaigns like this, how can you resist WinMo?

(via Windows Mobile Cool)

Blackberry Bold launch parties and musical Thunder (BlackBerry Cool Podcast: Episode 35)

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BlackBerry Cool Podcast: Episode 35

As usual, this week’s BlackBerry Cool Podcast features a few tidbits about the BlackBerry Thunder, BlackBerry Kickstart and BlackBerry Bold, but we’ve also got some fresh colours from Bell and T-Mobile on the way. We’re also giving you a snippet of Doug’s talk with Andy Brown of Strategy Analytics. Andy was at the UK Bold launch and had the opportunity to interview RIM’s co-CEO Mike Lazaridis.

Check out links to all the relevant news after the jump, as well as options for streaming and downloading the BlackBerry Cool Podcast.

Click here to listen to the BlackBerry Cool Podcast: Episode 35

Nano-level waterproofing for mobiles thanks to military

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WaterA new UK military technology that was initially aimed at providing protection against biological warfare may soon find its way onto portable electronics. Developer P2i specializes in what’s called “ion-mask plasma surface enhancement”, which covers covers materials tightly with an extremely thin water-repellent film. By using high-energy plasma, devices can get coated inside and out without damaging electronics.

“Ion-mask is extremely effective against the problem of moisture ingress as it can be applied to the most intricate electronic objects without damaging the precious circuitry,” explains P2i’s Business Development Director, Ian Robins. “The process is particularly well suited to high value applications such as MP3 players, which are required to perform outdoors in all weather conditions, or other small, lightweight electronic items which may be inadvertently worn in the shower or while swimming.”

Yeah, I accidentally hop in the shower with my BlackBerry all the time.