ST-Ericsson begins to offload R&D resources
Embattled chipset firm ST-Ericsson has agreed to transfer its R&D division based in Linköping, Sweden, to local IT consultancy Cybercom. The move follows recent speculation regarding the future of ST-Ericsson, the 50/50 joint venture between Ericsson and STMicroelectronics, as the company battles with rising losses and suggests more changes are still to come.
HP to refocus on organic development
HP’s newly installed CEO, Leo Apotheker, has taken a “brave new approach” with the company, which this week posted a five per cent increase in earnings year on year. Whereas former CEO Mark Hurd made HP an efficient technology company by reducing the cost of doing business as well as R&D spend, Apotheker has vowed to increase organic development initiatives.
Vodafone names new chief of R&D
Vodafone, the world’s biggest carrier by revenues this week announced the appointment of Siavash Alamouti as its group research and development director, effective March 1, 2010.
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