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Chip industry sees big changes
2015-05-31 16:41:46| Semiconductors - Topix.net
A wave of mergers and acquisitions is reshaping Silicon Valley's semiconductor industry as companies join forces to shoulder the soaring technology costs required to stay competitive. Half a dozen chipmakers in Silicon Valley, including a few storied names, have changed hands in less than two years in nearly $12 billion in mergers and acquisitions affecting thousands of employees and costing some their jobs.
Lean years behind it, Eli Lilly sees growth in new drugs
2015-05-31 15:39:30| Food - Topix.net
Lean years behind it, Eli Lilly sees growth in new drugs "We had to find our true grit," CEO John Lechleiter says of past five years Check out this story on IndyStar.com: http://indy.st/1HDLXCO The loss of 60 percent of its revenue from patent expirations from 2011-2014 put Eli Lilly and Co. at risk.
Lean years behind it, Eli Lilly sees growth in new drugs
2015-05-31 14:26:47| Agriculture - Topix.net
Lean years behind it, Eli Lilly sees growth in new drugs "We had to find our true grit," CEO John Lechleiter says of past five years Check out this story on IndyStar.com: http://indy.st/1HDLXCO The loss of 60 percent of its revenue from patent expirations from 2011-2014 put Eli Lilly and Co. at risk.
FCA Chief Sees Industry Merger 'by 2018'
2015-05-28 15:40:18| Automakers - Topix.net
Fiat Chrysler Chief Executive Sergio Marchionne is convinced there will be another merger deal in the carmaking industry within the next three years, he said on Thursday, not denying reports that he sent an email earlier this year courting U.S. rival General Motors. Marchionne last month renewed his call for industry consolidation to sustain the heavy capital investments needed to meet demands for cleaner, safer vehicles.
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IDC cuts tablet market forecast, sees drop of 3.8% in 2015
2015-05-28 15:32:00| Telecompaper Headlines
(Telecompaper) Worldwide shipments of tablets and 2-in-1 devices are forecast to reach 221.8 million units in 2015, a decline of 3.8 percent from 2014, according to the latest forecast from IDC. The new outlook follows two consecutive quarters of declining sales and represents a modest downward revision from the previous forecast of 234.5 million units and 2.1 percent year-over-year growth in 2015. While IDC expects overall sales to decline in 2015, some products are forecast to experience strong growth, such as cellular-capable tablets and 2-in-1 devices. The latter two products still represent a small portion of the entire market, but are expected to grow at a five-year compound annual growth rate of 5.6 percent. Over the same period, the Wi-Fi-only device market is expected to contract at a CAGR of -0.4 percent. IDC also predicts fewer sales of small-screen tablets, dropping to just under half the market in 2019 as phablets become more popular in the smartphone market. This will also impact average selling prices as larger screen devices tend to cost more.
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