Industry Insights

Showing 1-5 of 347

Qualcomm moving into ‘internet of everything'

22 October, 2014

Amidst growing demand for web-enabled products, American wireless technology company Qualcomm recently announced that it will buy British chip-maker CSR, a pioneer in Bluetooth wireless technology. Like many large chip-makers, Qualcomm, being one of the world’s largest, seeks to gain a foothold in the “internet of everything” or “internet of things”, the concept behind connecting household devices such as washing machines and refrigerators to the web.

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Could electric cars recharge US power industry?

19 October, 2014

With demand for electricity in steady decline, the US power industry is coming to a crossroads. In 2013 Americans used 2% less electricity than in 2007, and according to the Energy Information Administration, demand is projected to grow by less than 1% a year through 2040. Meanwhile homes with plug-in cars are using 58% more electricity. If providers partnered with plug-in electric carmakers, some analysts say, the industry could reinvent itself and rebound.

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Glencore chief executive sets his sights on Rio Tinto

16 October, 2014

Ivan Glasenberg, Chief Executive of Anglo-Swiss mining giant Glencore, recently went public with his intention to build the world’s biggest mining conglomerate, having approached London-based Rio Tinto, the world’s second-largest mining company, about a merger back in July. With a combined market value of some $160 billion, the combined companies would create a formidable enterprise, equal to BHP Billiton, the world’s largest mining company.

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CEO Meg Whitman taking the lead on HP split

14 October, 2014

Since becoming Chief Executive Officer of Hewlett-Packard in 2011, Meg Whitman has struggled to reinvigorate the company credited with putting Silicon Valley on the map. As recently as last year, she rejected proposals to spin off the PC business. HP’s new plan to split the company in two marks a reversal, which will create two of America’s biggest companies: a personal computer and printer business, and an enterprise hardware and service operation.

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