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News Burst: Mobile phone slump hits UK economy
News However, there are concerns that the sector may be heading for a slump. Last Christmas was a success for the mobile phone sector, with each of the UK's four network providers reporting increases in subscriber numbers.
[March 12, 2001, 10:20]
Fears for Motorola's Scottish chip plants
News Motorola has been badly hit by the slump in the mobile sector, and according to recent reports company president Robert Growney has told analysts that the loss-making chip-making division could be sold.
[August 23, 2001, 17:21]
Logica job cuts confirmed
News It's not yet clear where the cuts will be made, but Barlow has warned that Logica's telecoms solutions business has been hit by the slump in the mobile sector. See techTrader for the latest financial news in the high-tech sector.
[November 8, 2001, 17:09]
TI's profits come in lower than predicted
News Ron Slaymaker, TI's vice president of investor relations, attributed the earnings slump to weakness in the mobile phone sector, as well as to the tepid PC market and slower spending by telecommunications infrastructure companies.
[January 23, 2001, 8:59]
Consumer electronic spending will defy global slowdown
News It may sound odd to predict growth, given that many technology companies are sacking staff because of the slump in the high-tech sector. The retail giant -- which owns Curry's, PC World and mobile phone shop The Link -- claimed on Wednesday that it...
[July 5, 2001, 6:28]
Psion dips into the red
News Potter warned that Symbian would soon need an extra injection of cash, but insisted that plans for a stock market flotation, delayed by the slump in the technology sector, would still go ahead eventually.
[August 29, 2001, 9:32]
End of the road for Motorola's Bathgate factory
News The closure of Motorola's Bathgate factory on Monday shows that not even a Prime Minister can defy the tech slump. Motorola has blamed the decision on a drop in demand for mobile phones -- something affecting the whole sector.
[July 23, 2001, 14:03]
Handset delays could cripple 3G rollout
News The mobile industry is currently experiencing something of a slump. In recent speeches, senior executives at some of the UK's mobile companies have insisted that 3G services -- which will allow location-based services, and real-time video...
[August 29, 2001, 17:13]
E-commerce minister chases digital dragon
News Significant numbers of these firms have since responded to the tech slump by shutting their British plants -- hitting Scotland's Silicon Glen particularly hard. With 170 million users, China's mobile sector is the largest in the world.
[July 9, 2002, 11:35]
600 jobs lost at NEC's Scottish chip plant
News Scotland was a victim of the tech slump once again when NEC announced on Tuesday that it planned to cut 600 jobs from a factory in West Lothian. The mobile sector has recently been hit by a substantial drop in demand for handsets, and all the major...
[July 31, 2001, 11:56]
News Roundup: April brings showers of job losses
News Tue, 03 Apr US economic slump means redundancies this side of the Atlantic Although the markets have reacted positively to financial results from the likes of Apple, Intel and AOL Time Warner, April has been a month of big job cuts across the tech...
[April 19, 2001, 13:02]
News Roundup: Tech companies face clouded future
News Compaq hits lowered targets amid slump Friday 27th July Ignite corporate data business likely to be hit with 1,500 job cuts as profits slump - but BT is now Europe's best-performing telecoms stock Wednesday 25th July The telecoms sector downturn...
[July 26, 2001, 10:35]
George Soros re-invests in Sports.com
News After incorrectly gambling that the dot-com sector would slump in 1999 -- when many stocks actually reached astronomic valuations, he then rushed to buy technology stocks shortly before the crash of Spring 2000.
[July 18, 2001, 13:53]
Jobs to go at UK mobile phone distributor
News Industry giant Motorola announced 7,000 job cuts earlier this week, fuelling fears of a slump in the mobile phone sector. An "significant" number of staff at European Telecom are to lose their jobs because of the slowdown in the mobile phone sector.
[March 15, 2001, 8:53]
Blair intervenes to prevent 3,000 mobile job losses
News Motorola is under pressure to cut costs to survive the slump in the mobile sector. Prime minister Tony Blair has made a personal plea to Motorola amid fears the firm is poised to announce the closure of a mobile phone manufacturing plant in...
[April 10, 2001, 18:15]
Profit warning and poor forecast from Ericsson
News Government figures released last week showed that the manufacturing output from mobile phone makers was down around 5 percent in January compared to December, indicating a post-Christmas slump in the market.
[March 13, 2001, 8:18]
Easynet warns against telecoms complacency
News Many incumbents have been accused of deliberately obstructing the process so as to maintain their market share, but the EC said the slump in the telecoms sector is the key reason for LLU's failure to make more impact.
[December 18, 2002, 16:19]
Businesses say they won't pay for 3G
News The lack of faith in 3G mirrors the current investment slump across the telecoms and technology sector. A survey published today reveals that less than a quarter of businesses across Gartner's European customer base are prepared to pay an increase...
[February 21, 2001, 6:15]
IDF: Intel sees recovery ahead
News There are fears that if the tech slump doesn't end soon, other factories could be in trouble. Chip sales are a barometer for the condition of the wider IT sector, and a drop in demand for PCs and mobile phones has hit many semiconductor makers hard...
[August 28, 2001, 12:15]
News Roundup: Sacking shadow haunts IT workers
News Tue, 03 Apr US economic slump means redundancies this side of the Atlantic Bad news in the mobile phone sector, combined with a US economic slowdown, has meant many of the UK's high-tech workers have been facing redundancy.
[April 3, 2001, 9:49]
