It appears that things are finally starting to turn around for the IT industry, after the industry bellwether Cisco published some decent results for once.
Smartphone wars are becoming rather predictable. Every quarter sales notch up and every quarter Samsung emerges as the big winner. The last quarter was no exception. However, growth is slowing as the market matures, although there is still plenty of room for growth in emerging markets.
Huawei CEO and founder Ren Zhengfei, whose appearances are rarer than those of the Giant Panda, stepped into the limelight briefly yesterday to defend his company from spying allegations.
Lenovo, the world’s second largest PC maker, is planning to revamp its business strategy and refocus on its server and storage business over the next three years.
The US Congress has installed a new cyber-espionage review process for government technology purchases which effectively pushes Chinese companies out into the cold.
Foxconn made a loss in 2012.The company, which makes mobile parts for the likes of Apple, Nokia Oyj and Huawei Technologies, said it made a net loss of $316.4 million last year, which it put down to weak orders from its big companies.
A couple of Russian security researchers have found that the majority of 3G and 4G USB modems handed out by mobile operators to unsuspecting customers are wide open to attacks.
China's Huawei - the world's second largest telecoms firm, but certainly not its most trusted - has been accused of involvement in a plan to sell equipment to Iran.
A Congressional report due to be released later today is expected to recommend that Chinese telecoms firms Huawei and ZTE pose a potential security threat to the US.
More than 208 million phablets - a hybrid device larger than a smartphone but smaller than a tablet - are expected to ship globally in 2015, increasing by a factor of 10 in 2012 from 2011.
Huawei must be feeling rather hurt. It's offered to foot the £50 million bill for bringing cellphone coverage to the London Underground - and Londoners have given the plan a resounding thumbs-down.
