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Global News

Intel confident of meeting sales target
Intel, the world’s largest chipmaker, is confident it will meet fourth quarter revenue forecasts of between $6.2 billion and $6.8 billion, but is less certain when the current economic downturn will end, chief financial officer Andy Bryant said.

Palm to cut some MyPalm services
Handheld device maker Palm will soon eliminate its online calendar and address book service from its MyPalm Web portal.

PC sales up from last year’s levels
Personal computer sales improved during the Thanksgiv-ing weekend from last year’s weak levels as bargain-hunting consumers took advantage of rebates and sale tags, PC makers and analysts say.

NEC, Matsushita mull 3G handset venture in China
Japan’s NEC and Matsushita Communication Industrial Com-pany have announced that they are considering developing third-generation (3G) mobile phone handsets in China together.

Nokia upbeat on its results, but not on industry
Nokia, the world’s largest maker of mobile phones, pared its closely watched estimate for this year’s industry sales of handsets, sending its share price 6 percent lower even though the company said it expects to meet fourth-quarter earnings targets.

Microsoft rolls out ‘embedded’ Windows for devices
Microsoft unveiled a version of its Windows XP operating system that will extend the software giant’s flagship product to cash registers, ATMs and other such devices.

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