Communications technology business Ericsson is planning to close its telecom cables operation within the company’s Networks business unit.
318 jobs in Sweden are expected to be lost.
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Samsung Electronics is reported to have bought a 10% stake in smartphone and tablet manufacturer Pantech.
Pantech is South Korea’s third-largest handset maker after Samsung and LG.
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Brian Krzanich, who was appointed as CEO of Intel Corporation last week, has started making changes to the company.
He’s taking direct control of a number of business units and is also reported to be creating a ‘new devices’ group that will look beyond mobile.
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Anton Faulconbridge of RantMedia writes:
2013 promises to be an exciting year for the app industry. With the number of smartphone users almost on par with laptop, desktop and tablet users, this is a crucial time for app developers to bring fresh and innovative material to the table.
Whilst many industries are drying out, the smartphone technology sector continues to flourish and a wave of app developers who sit up and take notice of new trends are likely to do well compared with slapdash competitors. Let’s take a look at some savvy tips and tricks to stay ahead of the game in 2013.
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Visa Europe says the adoption of NFC contactless payments has reached a ‘critical point’ across Europe.
More than 19 million transactions took place in March 2013, driving the total spend on contactless cards and smartphones equipped with a Visa payWave app to over €1 billion (£856 million).
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