Saturday, February 27th, 2010 at
MSI, as you’re well aware, markets and sells its own line of branded hardware, everything from motherboards and videocards, to netbooks and notebooks, and a spattering of products in between. But the company also maintains an OEM business, and for the first time, MSI is losing OEM orders, says Henry Lu, vice president of MSI.
According to Lu, MSI shipped less than two million notebooks in 2009, which failed to meet expectations. And of those it did ship, about 70 percent were branded models, which Lu says is indicative of its brand business showing significant improvement.
MSI noted a similar trend in its graphics card business, which saw a big drop in 2009. According to Lu, some clients are concerned about the rise of MSI’s brand business, and as a result, he expects shipments of both its notebook and graphics division to continue to drop in 2010.
One solution would be to spin off its brand and OEM businesses, but Lu said this isn’t likely to happen, at least not within the next three years. Instead, MSI will put a much greater focus on its branded business in an attempt to offset the losses from its OEM orders.
Friday, February 26th, 2010 at
Virtualization security startup HyTrust has plenty of reason to celebrate – 10.5 million reasons, one for each dollar Cisco and several other investors have handed over to the company, InfoWorld reports.
HyTrust, winner of VMworld’s "Best in Show" last year, already had $5.5 million in venture capital work with. This second round of financing almost doubles that initial infusion of cash it received from Trident Capital and Epic Ventures.
"HyTrust continues to demonstrate the importance of this emerging market," said Eric Chiu, president and CEO of HyTrust. "Our ability to raise such a significant round of funding and attract top-tier, strategic investors in a still precarious economy is a testament to the quality of our team, the strength our offering, and the gravity of the problem that it addresses for our customers. The continued support of our customers, partners and investors is critical to our success as we continue to transform the virtualization marketplace and capitalize on the opportunities ahead of us."
HyTrust said it will use the latest round of funding to drive development, sales, and marketing, as well as "fuel the company’s next stage of growth."
Thursday, February 25th, 2010 at
Dell should be on the lookout for a ‘thank you’ card from Gigabyte, which saw strong on-month and on-year revenue growth rates to the tune of 55.1 percent and 41.1 percent, respectively, in January 2010 mostly because of server and storage system orders placed by Dell.
The mostly short-term orders won’t do much to bolster Gigabyte’s long term outlook, but according to some analysts, it will help Gigabyte see better revenues performance than nearly all of its motherboard competitors.
The server and storage orders came at a good time. Gigabyte has struggled a bit in the notebook sector, shipping only about 300,000 units in 2009 and failing to meet the company’s expectations. Meanwhile, Gigabyte’s handset subsidiary is seeing losses, though the vendor expects both of these segments to see significant improvement in 2010.
Image Credit: Gigabyte
Tuesday, February 23rd, 2010 at
As Kenny Rogers once sang in The Gambler, "You got to know when to hold ’em, know when to fold ’em, know when to walk away and know when to run." It looks like Acer has taken those lyrics to heart and rather than gamble on the e-book market, the second largest PC maker said on Monday it plans to walk away and watch from a distance.
The reason, says Acer chairman Wang Jeng-tang, is because the e-reader market is not yet all that big and there doesn’t exist a proven business model. So even though Acer has the hardware ready, the company prefers to sit on the sidelines and see if the public embraces e-readers enough to make it a profitable business.
In the meantime, Acer is expected to increase its focus on the notebook market, including a sub-2cm thick CULV-based model, as well as another unit built around Intel’s new Core processors.
Image Credit: Acer
Tuesday, February 23rd, 2010 at
Boeing last week sent out 60-day layoff notices to 1,000 employees, about 800 of which went to employees of Boeing’s engineering, operations, and technology unit. Most of those 800 are in IT, said Tim Healy, a company spokesman.
By the time the 60-day deadline rolls around, there’s a chance retirements and other forms of attrition cold scale back some of the job cuts, "although it’s impossible to predict how often that could happen or how many employees will leave the company," Healy added.
The most recent layoffs are the latest in Boeing’s plan to cut some 10,000 jobs overall. Boeing employees about 158,500 people, including 18,000 in its engineering and technology group. Last month, the company reported record revenue for 2009 at $68.3 billion, up from $60.9 billion in 2008.
Image Credit: ZDNet