Tuesday, 21 July 2015

Intel Likely To Lose Share Of Android Tablet Market

Intel will lost its share of the secular Android tablet market.


Intel Corporation is likely to embrace a massive drop in terms of Google Inc.’s Android tablet sales that are powered via Intel chips in accordance with a report by Digitimes. As reported the company’s sales figures for the fiscal year of 2015, are likely to go down by 10.8 million units this annum. Earlier, 14.23 million units of tablets were sold in FY14. A downturn is now being experienced by the android tablet fraternity in general but CPU makers are destined to face a decline in terms of scale.
Apart from that, the Android smartphones that are powered by Intel process are targeted to supersede sales of 10 million units this annum. This news by the company comes after a long period where Intel is trying its best to break into the smartphone market that is currently under the strong dominance of company’s like Qualcomm and Samsung.
The company has spent a substantial amount of time to promote and market their mobile devices. A set back of around $4.2 billion was observed by Intel in the fiscal year of 2014 that eventually resulted in efforts that were relatively more focused and streamlined. The company restructured its strategy where it stopped depending on its laptop and personal computer business and also had to go through a massive round of layoffs.
Most of the analysts keeping a close watch on the company are aware of the fact that the company is governing a great chunk of its revenues from the personal computer sector. So after losing on this market, the company might have to experience another shortcoming. Windows 10 by Microsoft Corporation will soon hit the market this month along with the increasing demand for personal computers in the form of 2-in-1 Personal Computers but this will not help the company in bolstering revenues. However it is expecting the white box maker and equipment manufacturers to keep investing in the developing mobile devices this year
The previous year, Chipzilla mobile chip owned by Intel achieved a ranking of %55.9 billion in terms of revenues. This is said to be a 6 percent increase in the year 2013. So now this gives the company a slight edge to them in terms of mobile CPU production.
Hence Intel has several areas where they actually need to grow. Android tablet sales were a source of revenue for the company but a 4 percent decline in sales is extremely alarming and can further dent the integrity of the company.

Thursday, 16 July 2015

Tesla Gigafactory Establishment Grows Further

The auto making giant is making sure nothing comes in between the establishment of Gigafactory in Nevada while expanding at a very quick pace.

The most recent report regarding the most anticipated battery making plant being built in Nevada by Tesla Motors is that the auto making giant is expanding the business in such a quick pace that it is rather over whelming for the investors and shareholders to grasp. The news suggests that the hybrid car makers have taken up more than three-folds of the land to build the biggest lithium-ion battery making business that it has decided to initiate.
The Gigafactory construction is going towards the direction where the analysts have begun to think that it might just end up being the largest battery making plant in the world. Currently, the plant is covering land of around 2,000 acres while the electric car producer further plans to grow and expand more, in accordance with the developments being made in the region. In the report that has been released by the Wall Street Journal, it has been mentioned that the firm has taken over the land next to Reno.
Furthermore, it should be taken into notice that Tesla was seen to take over a 1,000 acres in the initial stages of production from where it began to grow. A place near Story County, the luxury car makers ended up buying the land that they thought they would need for the production of batteries. However, the auto giants did not stop there and the deal that was signed by them gave them the assurance that in case more land is needed for the purpose of expansion, they will be allowed to acquire it accordingly.
This is what the firm has been doing in the present, and that is buy more than around double the land that it has previously bought to make sure the activities of production face no delay. Other than the initial 1,000 acres, Tesla decided that it needs more land in April where it took over more land and continued to do so in May 2015 as well.
This activity was carried out right after the firm announced the earnings report for the first quarter which made the analysts realize just how much the expenses of the firm must be. The auto makers are also working on a new car which has been deemed as a sports vehicle named the Model X. This production is going side by side with the battery making plant which has raised many concerns from the analysts and investors who are worrying about how long will the firm continue with the expenses touching the sky.  

Monday, 13 July 2015

Twitter Intolerant While Hiring Black People

Twitter is biased while giving jobs to people.

Racism is very common in most parts of the world. Twitter, despite of being one of the most popular social media networks, is somewhat involved in racism. To be fair, racism should not be supported by such companies. According to The Guardian, only 49 people out of a massive US work force of nearly 3,000 is black. This tiny figure represents the black people of African Americans working for the company out of which 35 are men and 14 are women. The African American staff is accountable for only 1.7 percent of Twitter’s total work force.
This is not right by any means to label them as minorities. The president of the Rainbow/Push Coalition, Rev Jesse Jackson, has been in this field and campaigned ‘for tech companies to be more transparent about their lack of minority employees’. He further told The Guardian that tech giants that include Facebook, Twitter, and other Silicon Valley companies are biased over race and do not prefer black people. Furthermore, as the time passes on, black people are becoming more intolerant in such companies.
Hence, the progress of these companies is lacking in order to make their workplaces more diverse. According to The Guardian, “The stark lack of black employees comes despite the company’s repeated pledges to make its staff better reflect the diversity of its 302 million users – and as Twitter actively exploits its large number of minority users to bring in more advertising revenue.”
It is not only Twitter but the whole US discriminates between black and white and mostly when it comes to giving jobs. According to a plan announced last year, the company officials planned to build a platform they will be proud of. The vice president of Twitter’s diversity and inclusion, Janet Van Huysse, stated “We are committed to making inclusiveness a cornerstone of our culture.”
Moreover, Twitter has been quiet over the year and released brief information regarding employees’ ethnicity. As it is more revealed now, more than 93.8 percent of Twitter employees are either white or Asian whereas the remaining 180 people from the total work force belong to other minorities i.e. Hispanic, Latin, and American Indian etc. To be precise, the company has only 49 black employees, 68 Hispanics or Latino employees, 13 native Hawaiians, 3 American Indians, and 47 of two more races.
Rev Jesse Jackson adds “I am very disappointed. Black people are greater users of the product and capable of doing the jobs, but there has not been an adequate commitment to hire, train and maintain [black people].”

Wednesday, 1 July 2015

Broadcom Collaborates With Chinese Companies To Boost Presence

After Cisco, Broadcom joins the Chinese firm partnership bandwagon as a part of collaborative strategy.

It seems like Broadcom Corporation (NASDAQ:BRCM) does not want to be left behind in taking advantage of China’s rise from being a cheap industrial manufacturing base to a center of innovation and information technology. The semiconductor solutions provider has formed a strategic partnership with three local manufacturing organizations to strengthen its regional presence in the Asian country. The collaboration will involve further innovation of home entertainment and digital home category.
Qualcomm and Cisco have taken the lead, with the latter announcing its plan earlier this month to spend more than $10 billion over the next few years in the country. The road is not likely to be easy as China is tightening its noose around global IT enterprises for their alleged involvement in the cyberwar, spying, and espionage charges, following prior allegations. It now prefers local indigenous IT companies for procurement of IT services now. Likewise, Chinese IT companies struggled to get a foothold in the US market.
Due to Chinese officials’ preference for local IT companies, whom they can trust on, Broadcom has formed a joint venture with a Chinese IT infrastructure products maker, H3C Technologies Co. Limited, for further exploration on the IT infrastructure platform. In addition, Broadcom has also formed a partnership with StarTimes (Beijing-based pay TV operator) and Inspur Group (Shandong-based systems integrator).
With Inspur Group, Broadcom will collaborate on the provision of digital home system in the 4K Ultra HD set-top box offerings for China, whereas the partnership with StarTimes will be focused on the production of low cost set boxes through the provision of engineering resources and Ultra HD home gateways.
Like CiscoBroadcom Corporation is eyeing on opportunities, such as healthy LTE revenue growth, data center, and the next generation video products in a bid to diversify to new markets, such as automobiles, Internet of Things, wearables set, and next generation mobile technology.
In terms of Internet of Things (IoT), the semiconductor company is already making good progress on that front, if not catching up with Qualcomm and other IT companies, and is currently refreshing its portfolio to come up with new and advanced, yet meaningful features of it.
The corporate giant already enjoys a significant position in market. This collaboration can further add to its market presence and boost company vitals (revenues, profits, turnover, etc.).
Broadcom stock price ended the day at $52.11, a decline of 1.50% from the previous day, despite the announcement of the joint venture.