According to recent iSuppli report, the mobile handset industry is proclaiming the end of the recession for the segment following an outstanding ?nal quarter of 2009 and a projected substantial growth for smart phones in 2010.
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Cloud computing took a serious hit with Google’s exit from search business, and its subsequent service issues, in mainland China, announced Canalys.
While cloud solutions will remain appealing for certain customers with limited international ambitions, the platform’s inherent security and access issues will herald a shift back to traditional software models, said the industry analyst group in a recently issued report.
Read moreAccording to a new research report by Berg Insight, the worldwide number of users of mobile banking and related services is forecasted to grow from 55 million users in 2009 (at a CAGR of 59.2 percent) to reach 894 million users in 2015.
A day after Apple announced its record march quarter revenue, AT&T reported strong first-quarter earnings results highlighted by rapid growth in mobile broadband, further expansion of AT&T U-verse services and solid gains in IP-based and business services.
Apple reported financial results for its fiscal 2010 second quarter – its best non-holiday quarter ever. The company posted revenue of $13.50 billion and net quarterly profit of $3.07 billion ($3.33 per diluted share).
Set-Top Boxes sold into the up-and-coming Internet Protocol TV segment will ramp up in terms of shipments and revenue in the years to come, offering increasing competition to legacy products in the STB market, according to iSuppli.
TwinStrata debuts today with its vision for intelligent storage cloudsolutions. Taking an innovative approach, the company is bringing to market cloud storage enablement software solutions to help mid-sized companies in a variety of industries address challenges related to protecting and managing the growth of business application data.
According to Frost & Sullivan, smartphones are expected to hit “a purple patch” in the Indian market, as consumers increasingly seek a single converged device to support multiple functionalities on the go. Smartphones cater to both individual and enterprise users due to their consumer- and productivity-centric approaches.
Scalado, an imaging software company that focuses on the wireless device industry, announced that it has been nominated for the Swedish Trade Council’s Great Export Prize.
Scalado has developed unique imaging technology for camera phones which is currently embedded in over 500 million mobile phones. This year the company’s imaging product will be present in every third manufactured phone.
Read moreThe research group iSuppli says that the ecosystem surrounding femtocells, or cellular base stations that improve indoor wireless coverage, is headed toward critical mass among all major nodes of the wireless supply chain and will vault into explosive growth after reaching a decisive watershed this year.