News
SAN JOSE – Tessera Technologies announced it has signed a definitive agreement to acquire Eyesquad for $18 million in cash. Eyesquad develops and designs digital auto-focus and optical zoom products for camera phones and other products that integrate cameras. Under the terms of the agreement, Tessera will pay about $18 million in cash for all outstanding Eyesquad equity. The transaction is expected to close in the first quarter of 2007.
AMSTERDAM - Sony Ericsson will move some handset production to India, where it will be built by Flextronics and Foxconn, the company said today.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
TORONTO -- Celestica Inc. today announced its fourth-quarter net loss widened to $60.8 million on a 9% revenue gain to $2.26 billion. The company announced another round of restructuring, which will
result $60 million to $80 million more in charges.
For the quarter ended Dec. 31, the GAAP net loss included a $30 million charge for inventory provisions at its Monterrey, Mexico, facility; and a $59 million restructuring charge. The GAAP net loss last year was $28.2 million, including $57 million in restructuring charges.
For the quarter ended Dec. 31, the GAAP net loss included a $30 million charge for inventory provisions at its Monterrey, Mexico, facility; and a $59 million restructuring charge. The GAAP net loss last year was $28.2 million, including $57 million in restructuring charges.
Press Releases
- Yamaha Robotics Introduces a New Program to Minimize Onshoring Costs in North Americ
- Scanfil Appointed Anna-Maria Tuominen-Reini as Chief Supply Chain Officer
- BEST Inc. Provides High-Reliability BGA Reballing and Component Rework Services
- ProcureAbility Releases New Benchmarking Report Confirming Widespread AI Development and Adoption in Procurement with Focus on Targeted Enterprise Results