DUBLIN - Saturday, February 2nd 2013 [BUSINESS WIRE/ ME NewsWire]

Covidien plc (NYSE: COV) today announced the initial filing by Mallinckrodt plc of a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) in connection with Covidien’s previously announced plan to spin off its Pharmaceuticals business.

"The filing of the Form 10 Registration Statement is an important milestone in our ongoing separation process," said José E. Almeida, Chairman, President and CEO. "As two distinct businesses, Covidien and Mallinckrodt will be better positioned to capitalize on significant growth opportunities and provide greater focus on their respective businesses and strategic priorities. We remain on track to complete the spin-off by mid-2013."

As previously announced, Covidien intends to spin off its Pharmaceuticals business through a distribution of Mallinckrodt shares which is expected to be tax-free to U.S. shareholders, except for cash re ... Read more »

LONDON - Friday, February 1st 2013 [ME NewsWire]

 (BUSINESS WIRE)-- Ernst & Young has announced the appointment of Mark Beischel as the new Global Sector Leader for Consumer Products. Beischel will lead a global team of over 18,000 sector-focused professionals that help clients make informed decisions and execute better and faster in the market place.

A graduate of General Electric’s Financial Management Program, Beischel originally joined Ernst & Young in Indianapolis, USA, in 1986, working with consumer products and manufacturing companies, and became a Partner in 1995. He is also a Certified Management Accountant and certified by the Association of Operations Management in Production and Inventory Management.

Beischel’s most recent role has been as a Global Client Service Partner based in Cincinnati, USA as well as serving as Ernst & Young’s Global Advisory Leader for Consumer Products.

Commenting on his new role, Beischel says: "Our cons ... Read more »

Chris Matthews, Chairman of Hay Group and CEO of HG (Bermuda) Limited, Announces New Appointment at Global Management Consultancy

 

PHILADELPHIA - Friday, February 1st 2013 ... Read more »

First wave of CE 2.0 certified products has been announced

SAN DIEGO, Calif. - Thursday, January 31st 2013 [BUSINESS WIRE/ ME NewsWire]

A surge in the number of access providers in the Ethernet community, new markets for regional providers, application-oriented SLAs, optimized mobile backhaul and cloud service delivery… these are among the benefits now on offer, according to Ihab Tarazi Chairman of the Board, MEF (MetroEthernet Forum), speaking today at the gala announcement of the first twenty vendors to offer Carrier Ethernet 2.0 certified products. Other speakers included Ethernet inventor, Bob Metcalfe, and MEF President Nan Chen.

"The companies’ achievements are a testament to their commitment to outstanding delivery for the Carrier market” said Ihab Tarazi. "Certification will enable service providers to choose equipment vendors with greater speed, clarity and certainty. CE 2.0 Certification marks a significant moment in the life of the MEF and Carrier Ether ... Read more »

vNew Kanzi 2D & 3D User Interface Solutions Expands into a Wide Range of Markets from Mobile to Automotive to Embedded Applications

ESPOO, Finland - Wednesday, January 30th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Rightware®, the leader in user interface (UI) design and implementation software, is proud to announce that the latest version of the Kanzi® UI Solution is the first release targeting the millions of graphics designers and application developers working on UI solutions for touch screens. Targeting every designer from the large corporations working on mission critical UI designs to the medium-sized design studios to the individual designers looking to try something new, this latest version of Kanzi is one of the biggest additions to Rightware since its inception, focusing on ease of use and introducing new versions of the product, targeting an even greater potential audience.

”This is one of the most significant updates we’ve made to Kanzi,” state ... Read more »

Information on the Latest Trends in the Verification Experiment Taking Place in Yokohama, Toyota, Keihanna (Kyoto) and Kitakyushu Provided in English, Chinese and Japanese.



TOKYO - Thursday, January 31st 2013 [ME NewsWire]

(BUSINESS WIRE)-- The Next-Generation Energy and Social Systems Verification Experiment projects aimed at establishing smart cities and smart communities are proceeding in Japan. Japan Smart City Portal is the portal site for providing information on the latest trends in these projects. Introductions to a wide range of initiatives, including the verified results of Demand Response (DR) projects and V2H (Vehicle to Home) projects implemented in the summer of 2012 are available for access onhttp://jscp.nepc.or.jp/en/ in the English language, http://jscp.nepc.or.jp/cn/ in the Chinese language, and http://jscp.nepc.or.jp/ in the Japanese language.

The Next-Generation Energy and Social Systems Verification Experiment is an initiative being car ... Read more »

HONG KONG - Thursday, January 31st 2013 [ME NewsWire]

    Records in pre-tax income of US$246 million and earnings of US$205 million
    Record quarterly sales of US$9.4 billion
    Record 14.1 million PC shipments and record 15.9 percent global market share
    Basic EPS of 1.99 US cents, or 15.42 HK cents
    Net cash reserves of US$4.2 billion (as of December 31, 2012)

(BUSINESS WIRE)-- Lenovo Group today reported results for its third fiscal quarter ended December 31, 2012. In its best quarter ever, Lenovo continued to outgrow the market in all geographies with record sales, pre-tax income and earnings. Lenovo continued its push towards becoming the world’s leading PC maker and emerging global leader in PC Plus devices, with another quarterly sales record of $9.4 billion, an 12 percent year-over-year increase.

For 13 consecutive quarters, Lenovo has been the fastest growing m ... Read more »

World Semiconductor Summit in Tokyo 2013

ME Newswire / Business Wire

TOKYO - Wednesday, January 30th 2013

Toshiba Corporation(TOKYO: 6502) today announced that Shozo Saito, Corporate Senior Executive Vice President responsible for Toshiba Group's electronic components business, will be a featured speaker at the World Semiconductor Summit in Tokyo 2013, on Wednesday, February 6.

Mr. Saito will speak on "Toshiba's Semiconductor and Storage Products Strategy and Renovation of the Semiconductor Industry in Japan." He will introduce Toshiba's strategies for total innovation in storage in the coming age of smart communities and, in his capacity as Chairperson of the Japan Electronics and Information Technology Industries Association (JEITA), propose a business model for revitalizing Japan's semiconductor industry and winning back a greater share of the world semiconductor market.
 

Speech at World Semiconductor Summit in Tokyo 2013
   & ... Read more »

MORRISVILLE, N.C. - Wednesday, January 30th 2013 [ME NewsWire]

(BUSINESS WIRE)-- South Korean mobile operator KT is deploying Tekelec’s market-leadingPolicy Server (PCRF)for its LTE and 3G networks. The Policy Server will support KT’s new Voice over LTE (VoLTE) offering, LTE data plans and Rich Communication Suite (RCS) service.

South Korea is the world’s second largest LTE market and one of the most advanced mobile markets in the world. Five months after launching its service, KT exceeded one million LTE subscribers. The operator exceeded three million LTE subscribers in mid-November and four million by the end of 2012. About 63 percent of KT’s 3G and LTE subscribers use smartphones and in December the operator released Apple’s iPhone® 5, which has gained sensational popularity.

Tekelec’s Policy Server will support daily and monthly quota tracking for a variety of services, including voice, Internet usage, file transfer, instant messaging, and video telephony. ... Read more »

Reduces power consumption by optimizing intensity of display backlight

TOKYO - Wednesday, January 30th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502) has launched MIPI-DSI to LVDS interface-converter bridge LSIs with a backlight level controller for LCD displays that are suited to use in mobile devices, such as tablet PCs and UltrabooksTM. The new line-up includes support for panel resolutions up to WUXGA (1920 x 1200) at 24bit/60fps. Samples will be available from March with mass production scheduled to start in August 2013. The new products drastically reduce the power consumption of mobile devices by optimizing the brightness of the LCD display backlighting to meet ambient light conditions. The LSIs are also able to maintain image detail in darker areas of the display by analyzing and processing brightness data in lighter and darker areas of the image.

Key Features

    Reduces mobile device power consumption by optimi ... Read more »