Computers and Peripherals Computer Storage and Peripherals

More

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *Futures up: Dow 85 pts, S&P 11 pts, Nasdaq 25.25 pts. July 12- U.S. stock index futures were higher on Tuesday, a day after the S&P 500 hit a record high as investor optimism was propelled by a set of strong economic data. *The benchmark index, which came close several times this year to topping its May 2015 record, finally broke through on Monday to a new high of 2,143.16.

  • June 23- Xerox Corp said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, publicly listed entity. Its business process outsourcing operations will be held under " Conduent Inc," which will be led by Ashok Vemuri. Xerox, which announced the split in...

  • Sandisk iXpand Memory Case

    Apple continues to sell a 16GB iPhone and mobile storage will continue to be an issue for millions of people, Verge reports.

  • June 15- Chipmaker Cavium Inc said it would buy network equipment maker QLogic Corp for about $1.36 billion, as it looks to expand in the data center and storage market. Under the terms of the deal Cavium will offer $11 per share in cash and 0.098 of its stock, or about $15.50, for each QLogic share. San Jose, California- based Cavium said the deal, which has been approved...

  • *Manufacturers turn to sunny Australia as testing ground. MELBOURNE/ SYDNEY, June 3- When Frances Miao put solar panels on the rooftop of her three-storey home in the Sydney suburb of Hunters Hill, the emergency doctor planned to wait five years before spending more on battery storage. Energy giants such as Panasonic, Tesla and Samsung SDI are targetting...

  • *Q1 rev $1.37 bln vs est. EPS 82 cents vs est. "What is encouraging is that client SSD is doing well while the PC market is not doing very well," said Sterne Agee CRT analyst Douglas Freedman.

  • April 27- Data storage products maker SanDisk Corp's quarterly revenue rose 2.5 percent, reversing a decline of four quarters, helped by strong sales of chips used in solid state drives and USB flash drives. The company's net income rose to $78.4 million, or 37 cents per share, in the first quarter ended April 3 from $39 million, or 17 cents per share, a year earlier.

  • Rival printer maker Lexmark International Inc said last week it agreed to be taken private by a group of investors led by China- based Apex Technology Co Ltd and PAG Asia Capital in a deal valued at $3.6 billion net of cash. Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents...

  • Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents per share, a year earlier. On an adjusted basis, the company earned 22 cents per share. Revenue fell to $4.28 billion from $4.47 billion.

  • April 13- Seagate Technology Plc estimated third-quarter revenue and adjusted gross margin below its forecast due to reduced demand for its storage devices, primarily in China. The company had earlier forecast revenue of about $2.7 billion and adjusted gross margin of about 25.6 percent for the quarter. Analysts on average were expecting revenue of $2.7...

  • April 13- Hard-disk drive maker Seagate Technology Plc estimated third-quarter revenue and adjusted gross margin below its forecast due to reduced demand for its products, primarily in China. The company, which estimated revenue of about $2.6 billion and adjusted gross margin of 23 percent for the quarter ended April 1, also cited its decision to not...

  • Competition in the cloud

    Aaron Levie, CEO of cloud storage company Box, says his business expects to be cash flow positive in 2017.

  • BOSTON, April 8- A U.S. magistrate judge in Boston in February ordered Apple Inc to assist law enforcement officers in examining the iPhone of an alleged gang member, according to a court filing unsealed on Friday. Apple has been under pressure in recent months to assist law enforcement agencies in searching its iPhones after the U.S. Justice Department sought...

  • BOSTON, April 8- A U.S. magistrate judge in Boston in February ordered Apple Inc to assist law enforcement officers in examining the iPhone of an alleged gang member, according to a court filing unsealed on Friday. "Reasonable technical assistance consists of, to the extent possible, extracting data from the device, copying the data from the device onto an external...

  • Feb 23- The U.S. hard-disk maker, Western Digital Corp, said on Tuesday that China's Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western's deal for rival SanDisk Corp.. Unisplendour, a unit of China's state-backed Tsinghua Holdings Co Ltd, dropped its plan to buy a 15 percent stake in...

  • LONDON, Feb 23- Natural gas only has a stopgap role in moving Britain to low-carbon energy until 2020 and will then be limited without carbon capture and storage technology, a UK Energy Research Centre report said on Tuesday. Britain has set an ambitious target to reduce greenhouse gas emissions by 80 percent from 1990 levels by 2050 and gas has been seen as a...

  • Western Digital agreed to buy SanDisk in a $19 billion deal in October to help increase its ability to make flash memory storage chips used in smartphones and tablets. The London- based investment manager, Alken Asset, said weakness in the storage chip market has hurt Sandisk's stock price which in turn will hurt Western Digital if the deal goes through.

  • Feb 12- A printer cartridge reseller infringed the patent rights of Lexmark International Inc when it imported Lexmark's toner products back into the United States after they were first sold abroad, a U.S. appeals court ruled on Friday. Though the case was about laser printer cartridges, the decision by the U.S. Court of Appeals for the Federal Circuit in...

  • Lenovo Group said on Wednesday its third-quarter revenue fell 8 percent to $12.9 billion due to slower global PC demand and weaker smartphone sales.