Previous
News Burst: Mobile Phone Slump Hits UK Economy
News However, there are concerns that the sector may be heading for a slump. A post-Christmas decline in consumer demand for mobile phones caused a sharp drop in Britain's manufacturing output in January, according to government figures released last...
[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]
Does Asian IT Growth Threaten Europe?
News The European IT market is seeing fresh challenges from the fast-growing Asian market as Europe recovers from the slump of the early 2000s. Separate research shows that though European IT growth lags behind Asia, it has at least recovered from the...
[March 22, 2005, 15:55]
2001: Where's The Money?
News The slump that started with tech stocks in the spring of 2000 may be about to bottom out, or it could continue for months. It's now clear that the slump is tied to a broader slowdown in the US and European economies.
[December 26, 2000, 6:13]
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 Thursday 26th July PlayStation2 sales and the...
[July 26, 2001, 10:35]
Mobile Internet And Bluetooth Boost Parthus
News However, Parthus admitted that the high-tech slump has "impacted Parthus customers this year", and would lead to further uncertainty. The company reported that revenues grew 30 percent year-on-year for the second quarter to $10.2m (about £7m) on...
[July 24, 2001, 14:42]
Mobile Phones Head Back To Earth
News Such hybrid devices and associated service plans are expected to be offered by most U.S.carriers in the near future, as they hunt for new ways to earn revenue while fighting a three-year sales slump. Verizon Communications is introducing a single...
[June 20, 2003, 10:29]
British Mobile Phone Plant Axed
News Matsushita, which owns the Panasonic brand, blamed the slump in the mobile phone market for the decision. At least 350 workers are facing redundancy after Japanese manufacturer Matsushita announced it was planning to close a mobile phone factory in...
[November 2, 2001, 13:09]
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]
Government Attacked Over Mobile Mast Rules
News Opposition MPs said the restrictions were wrong, and suggested that pressure from the mobile phone industry -- which is currently struggling through a slump -- had encouraged the government to draw up the rules.
[August 24, 2001, 13:35]
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]
Future Of Another Motorola Factory In Doubt
News However, the opening of the Dunfermline factory has been indefinitely postponed because of the current slump in the mobile market. Previously the US mobile phone manufacturer had planned to keep the factory at South Queensferry, near Edinburgh...
[May 10, 2001, 11:19]
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. In a research note, CSFB forecast that 240 employees in Logica's mobile network division...
[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]
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. Industry experts are warning that the success of forthcoming third-generation (3G) mobile services could be threatened by a lack of handsets.
[August 29, 2001, 17:13]
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]
ARM Shares Fall On Royalty Fears
News As the high-tech slump has progressed, ARM's manufacturer partners have continued to invest in equipment in order to remain competitive. The company licenses designs for microprocessor cores used in portable devices like mobile phones and handheld...
[April 15, 2002, 13:29]
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 predictions came as electrical retailer Dixons announced strong growth in sales of mobile phones, digital...
[July 5, 2001, 6:28]
3G Delays Will Cost Firms Millions
News Industry analysts have previously suggested the huge price paid by operators could bankrupt firms before they have to chance to roll out services and some are predicting that the current tech slump could lead to delays in rollout.
[February 27, 2001, 13:20]
