NVIDIA CEO sees major growth in mobile processing, quad-core tablets coming this year

During a sitdown with reporters yesterday, NVIDIA Chief Executive Jen-Hsun Huang discussed his company’s near- and long-term financial outlook, while providing some insight into the chipmaker’s quad-core future. According to Huang, NVIDIA expects to rake in between $4.7 and $5 billion in revenue during fiscal year 2013, with revenue from its mobile chip unit projected to mushroom tenfold by 2015, to a whopping $20 billion. Huang acknowledged that these predictions could be affected by external factors, including the ongoing patent wars between tablet and smartphone manufacturers, but didn’t seem too concerned about their immediate impact. “At this point, it looks like it’s much ado about nothing,” he said. In fact, Huang foresees rather robust growth in the mobile processing sector, estimating that there are about 100 million devices that will need chips this year — a figure that could soon rise to one billion, on the strength of more affordable handsets, efficient ARM processors and the rise of ultra-thin notebooks. And, despite his recent disappointment, Huang expects Android tablets to comprise a full 50 percent of the market in the near future, claiming that NVIDIA’s Tegra chips can currently be found in 70 percent of all slates running Google’s OS, and about half of all Android-based smartphones.

In the short-term, meanwhile, NVIDIA is busy developing its quad-core mobile processors — which, according to the exec, should appear in tablets during the third or fourth quarter of this year (quad-core smartphones, however, may be further down the road). Huang also sees room to develop wireless-enabled, Snapdragon-like processors, thanks to NVIDIA’s recent acquisition of Icera, but he hasn’t given up on GPUs, either, predicting that demand for graphics performance will remain stable. The loquacious CEO went on to divine that Windows 8 will support apps designed for Windows 7 (implying, perhaps, that Microsoft’s Silverlight platform will play a major role in future cloud-based developments), while contending that smaller, “clamshell devices” with keyboards will ultimately win out of over the Ultrabook strategy that Intel has been pursuing. For the moment, though, Huang seems pretty comfortable with NVIDIA’s position in the mobile processing market, citing only Qualcomm as primary competition. “We’re the only people seriously on the dance floor with Qualcomm,” he argued, adding that companies without a solid mobile strategy are “in deep turd.” You can find more of Huang’s insights at the source links below.

NVIDIA CEO sees major growth in mobile processing, quad-core tablets coming this year originally appeared on Engadget on Wed, 07 Sep 2011 03:49:00 EDT. Please see our terms for use of feeds.

Permalink Gizmodo  |  sourceCNET, Wall Street Journal, Forbes  | Email this | Comments

AT&T may get a discount if T-Mobile bid concessions prove too expensive

When the DOJ blocked AT&T’s deal to snatch up T-Mobile, did you think Ma Bell would end up shelling out some ridiculous sum to lock things up? Well, the opposite may be the case — according to Bloomberg, the company can get a reduced rate if regulator’s requests become too pricey. A discount of sorts would be available to AT&T if the remedy to-do list surpasses 20 percent of the deal’s original $39 billion price tag (about $7.8 billion). Also of note here: the company could leave the proverbial table altogether if the concessions top the 40 percent mark, only owing a break-up penalty… and shelling out the $3 billion contingency fund to Deutsche Telekom AG.

AT&T may get a discount if T-Mobile bid concessions prove too expensive originally appeared on Engadget on Tue, 06 Sep 2011 22:18:00 EDT. Please see our terms for use of feeds.

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Baidu, Dell join forces to produce line of smartphones and tablets in China

Just a few days after introducing its own Android-like OS, Baidu is now looking to expand its mobile reach to the hardware front, with the help of Dell. According to Reuters, the Chinese search giant has joined forces with the PC manufacturer to produce a line of tablets and smartphones within China, in the hopes of capitalizing on a market of more than 900 million mobile subscribers. A Dell spokeswoman declined to offer a launch date for the new line of products, but sources close to the matter say they could launch as early as November. Details on the devices remain equally opaque, though Dell seems intent on resurrecting its tablet / handset unit, following the demise of the Streak 5. “We have a partnership with Baidu and you know we have the Streak 5 tablet, so the partnership will be in that space,” the company’s rep explained, adding that future releases would involve Baidu’s mobile app platform, as well. Today’s announcement also comes after Dell’s Chinese sales grew by 22 percent during the first quarter of this year, though it remains to be seen whether or not this alliance will have much affect on a market currently dominated by Apple and Lenovo.

Baidu, Dell join forces to produce line of smartphones and tablets in China originally appeared on Engadget on Tue, 06 Sep 2011 06:00:00 EDT. Please see our terms for use of feeds.

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Switched On: The accidental handset company, Part 2

Each week Ross Rubin contributes Switched On, a column about consumer technology.

Last week’s Switched On discussed why Google’s ownership of Motorola is unlikely to bring major changes to the balance of power among Android licensees. But Motorola also has significant interests in the set-top market. And, of course, there’s the question of Android’s main licensed rival, Windows Phone 7. In both of those cases, though, there is also unlikely to be noteworthy change, reinforcing the acquisition as a purely defensive move. Read on for more.

Continue reading Switched On: The accidental handset company, Part 2

Switched On: The accidental handset company, Part 2 originally appeared on Engadget on Sun, 04 Sep 2011 18:00:00 EDT. Please see our terms for use of feeds.

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Griffin announces ‘Stylus + Pen + Laser Pointer,’ gives up on creative product names

Multitasking business executives are going to love this. Whether you’re taking notes on your tablet, pointing out graphs in a presentation or just signing reports, Griffin’s new “Stylus + Pen + Laser Pointer” should have you covered. As the name implies, it’s a three-in-one input device containing a red laser pointer, an “omni-directional” capacitive stylus and a refillable ball point pen. It certainly seems convenient, but with a $50 price tag you may want to think twice before ditching your Bic. Full PR past the break.

Continue reading Griffin announces ‘Stylus + Pen + Laser Pointer,’ gives up on creative product names

Griffin announces ‘Stylus + Pen + Laser Pointer,’ gives up on creative product names originally appeared on Engadget on Sat, 03 Sep 2011 18:11:00 EDT. Please see our terms for use of feeds.

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Foxconn posts $943 million net profit for first half of 2011, 20 million iPad 2s coming for Q3?

It looks like 2011 is shaping up to be a solid year for Foxconn. Earlier this week, the hardware manufacturer announced net profits of NT$27.38 billion (about $943.72 million) for the first half of this year, just a few months after posting a disappointing $218 million loss for all of 2010. These figures, however, are down about 21 percent from the first six months of last year, when Foxconn (AKA Hon Hai Precision) reported net profits of NT$34.74 billion (around $1.2 billion). In a statement, Hon Hai said its first semester results were “as expected and remain seasonal,” considering today’s harsh and uncertain financial climate. DigiTimes, meanwhile, is reporting that the electronics maker is “expected” to ship a full 20 million new iPad 2s during the third quarter of this year, though the Taiwan-based news outlet didn’t offer much in the way of explanation or sourcing.

Foxconn posts $943 million net profit for first half of 2011, 20 million iPad 2s coming for Q3? originally appeared on Engadget on Fri, 02 Sep 2011 04:41:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceDigiTimes, Dow Jones Newswire  | Email this | Comments

AT&T willing to make concessions to save T-Mobile merger, sources say

Now that the US government has moved to block its merger with T-Mobile, AT&T is gearing up for a long and potentially pricey legal battle with the Department of Justice. According to Reuters, however, the provider is also working on a settlement offer, in the hopes of bypassing the courtroom altogether. Sources close to the matter say AT&T will soon present its proposal to antitrust regulators, who are concerned that the company’s purchase of T-Mobile may hinder market competition. Details on the proposal remain vague, though it will likely include promises to keep T-Mobile’s low-cost data and calling plans, along with pledges to sell off some of its own assets. But some insiders say the carrier may have to sell up to 25 percent of T-Mobile’s business in order to put regulators’ minds at ease. AT&T has yet to comment on the report, though one of Reuters‘ sources claims that its lawyers are “pretty determined that they can find a solution, and they are pretty confident.”

AT&T willing to make concessions to save T-Mobile merger, sources say originally appeared on Engadget on Fri, 02 Sep 2011 02:56:00 EDT. Please see our terms for use of feeds.

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US government files to block proposed AT&T / T-Mobile merger (update: companies respond)

You heard right. Bloomberg is reporting that the United States government (!) just filed court papers in Washington, D.C. to block the much ballyhooed tie-up between AT&T and T-Mobile USA. Oddly enough, T-Mobile and AT&T promised this morning that a total of 5,000 jobs would be hand delivered to the US if the two telcos were allowed to become one, but it’ll take a heck of a lot more convincing now. For what it’s worth, this doesn’t mean that the deal is or isn’t happening — it’s just another step in the process — but it most certainly doesn’t bode well for proponents. Nor for AT&T’s share price.

According to the report, the Justice Department feels that the deal would “substantially lessen competition” in the wireless space. In fact, it boldly stated the following: “AT&T’s elimination of T-Mobile as an independent, low-priced rival would remove a significant competitive force from the market.” If things end up falling apart, it’s important to remember that AT&T would be forced to pay Deutsche Telekom $3 billion as a break-up fee, which ought to make Tiger Woods’ misfortunes look like an outright bargain.

Update: Full press release is now embedded after the break, and meanwhile, Federal Communications Commission Chairman Julius Genachowski has issued the following public statement: “Although our process is not complete, the record before this agency also raises serious concerns about the impact of the proposed transaction on competition.”

Update 2: Wayne Watts, AT&T Senior Executive Vice President and General Counsel, issued the following statement (seen after the break)…

[Thanks to everyone who sent this in]

Continue reading US government files to block proposed AT&T / T-Mobile merger (update: companies respond)

US government files to block proposed AT&T / T-Mobile merger (update: companies respond) originally appeared on Engadget on Wed, 31 Aug 2011 10:36:00 EDT. Please see our terms for use of feeds.

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Sony, Toshiba and Hitachi look to join LCD manufacturing forces

Sony, Toshiba and Hitachi

There have been rumors circulating that Sony, Toshiba and Hitachi were going to combine their LCD making efforts. Now, according to Yomiuri Shimbun, that plan seems to be moving forward. The deal doesn’t cover big-screen manufacturing, only small and medium sizes that find their way into phones and tablets. The joint venture will command roughly 20-percent of the market according to TechCrunch when it finally becomes official, with a hefty investment from the semi-public Innovation Network Corporation of Japan, which will own a significant stake in the new company. It may be another day or two before the deal is announced, but consider this a serious shot across their Korean competitors’ bows.

Sony, Toshiba and Hitachi look to join LCD manufacturing forces originally appeared on Engadget on Tue, 30 Aug 2011 09:12:00 EDT. Please see our terms for use of feeds.

Permalink TechCrunch  |  sourceYomiuri Shimbun  | Email this | Comments

Sprint Strategy Update coming on October 7th, significant 4G plans likely to be unveiled

Sprint’s Dan Hesse told us point-blank back in July that he was penning a “great story around 4G” for this fall, and it looks as if October 7th will be the date that it “all becomes clear.” We just received an invitation to quite the atypical event — a “strategy update” for the press to cover in New York City. All we’re told is that presentations by senior management will be on tap, with a sure-to-be-lively Q&A session to follow. ‘Course, this may all be a ploy to waste our precious time on a precious Friday in autumn, but something tells us Sprint ain’t exactly in a position to be blowing cash on a Hot Air session. So, what’s on deck? Let’s count the possibilities: more details on its side regarding the iPhone 5? A full-on acquisition of Clearwire (plus a shift to LTE-Advanced)? More details on that elusive LightSquared arrangement? A merger with AT&T&T to create the largest telecommunications provider this side of Pluto? We’ll be there to find out, but for now, hypotheses are being accepted in comments below.

Sprint Strategy Update coming on October 7th, significant 4G plans likely to be unveiled originally appeared on Engadget on Mon, 29 Aug 2011 23:09:00 EDT. Please see our terms for use of feeds.

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