Sunday, September 30, 2012

Reuters: Technology News: U.S. high-tech companies ramping up exports: survey

Reuters: Technology News
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U.S. high-tech companies ramping up exports: survey
Oct 1st 2012, 04:02

By Lynn Adler

Mon Oct 1, 2012 12:02am EDT

(Reuters) - Most U.S. high-tech companies expect to export more cell phones, tablets and other electronics over the next two years to growing middle-class populations in developing nations, citing free trade pacts and rising labor costs abroad, a survey found.

About 85 percent of U.S. high-tech executives polled said the Obama administration was somewhat or very likely to meet its goal of doubling exports by 2015. Just 40 percent of executives were as optimistic two years ago after the export target was set.

The third annual survey was conducted by IDC Manufacturing Insights for United Parcel Service, the world's largest package delivery company.

"It's really being driven by this emerging middle class that have more disposable income and a heavy appetite for technology products like cell phones, tablets and laptops," Ken Rankin, high-tech marketing director at UPS in Atlanta, said in a Friday interview with Reuters.

Scott Davis, UPS chief executive officer, is on the President's Export Council and has touted free trade agreements as critical for boosting U.S. exports and the economy.

A free trade agreement between the United States and Panama will soon go into effect, U.S. Trade Representative Ron Kirk said on Friday. The U.S.-Colombian agreement went into force in July, after the U.S.-South Korea pact in March.

Only 23 percent of the companies said they had export growth over the past two years, but 74 percent now expect to export more over the next two years, Rankin said.

"Despite all of the short-term talk of economic weakness and the dreaded fiscal cliff, the high-tech executives that we talked to really had a bullish outlook in the next two to five years when it comes to export growth for their products," he added.

The fiscal cliff refers to the year-end deadline for about $500 billion in expiring U.S. tax cuts and automatic spending cuts set for next year unless Congress can compromise over lowering the budget deficit.

The survey of 125 high-tech manufacturers included senior supply chain and logistics executives in consumer electronics, semiconductor, communications equipment and electronic component/accessories industries.

High-tech product sales and shipments are expected to grow the most, by 22 percent, in India, the Middle East and Africa, over the next three to five years, the survey said.

Increases are expected to range from 18 percent in Brazil and 19 percent in the rest of South America to 15 percent in Eastern Europe, 13 percent in Korea and 8 percent in China and in other Asian nations.

Lingering barriers to boosting exports include the difficulty of managing spread-out global inventory, unstable global suppliers and security concerns, the survey found.

"Additional progress in free trade agreements would be a big winner, not only for the high-tech space but for all U.S. industry," Rankin said.

The high-tech companies that were surveyed sell and ship 97 percent of their products in North America. Within three to five years, that percentage will decline to 90 percent as demand mounts in emerging markets for their products.

"Winners will be those companies that successfully leverage the emerging market growth with strong products and executive import/export excellence," said Rankin.

As for moving the goods, 70 percent of the executives said they are planning to modify their distribution networks to handle more volume at East Coast ports once a wider Panama Canal is opened to bigger ships around 2015.

More than one-third of those polled said they planned to shift from air to ocean freight when that happens.

In anticipation, East Coast ports are heavily investing in dredging and other projects to be able to accept bigger ships.

Companies such as Federal Express and UPS have already seen a shift in demand for shipping products more cheaply, such as by sea, rather than premium-priced express air services, because of the weakening global economy.

(Editing by Prudence Crowther)

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Reuters: Technology News: Nokia, Oracle to announce mapping deal: WSJ

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Nokia, Oracle to announce mapping deal: WSJ
Sep 30th 2012, 22:18

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Illustration picture shows Nokia logo on used cell phones, in Zurich, April 30, 2012. REUTERS/Christian Hartmann

Illustration picture shows Nokia logo on used cell phones, in Zurich, April 30, 2012.

Credit: Reuters/Christian Hartmann

Sun Sep 30, 2012 6:18pm EDT

(Reuters) - Phone maker Nokia Oyj is expected to announce a deal that will give customers of technology company Oracle Corp access to Nokia's mapping services, the Wall Street Journal reported.

The deal may be announced on Monday in San Francisco at the OracleWorld conference. It was confirmed by a Nokia spokesperson, the newspaper said.

Finland's Nokia, which has been looking for ways to boost its location services business, also recently signed mapping deals with Groupon Inc and Amazon.com Inc.

Apple Inc publicly apologized last week for dropping Google Inc's mapping technology in favor of its own, which many customers found to be inaccurate compared to Google's service.

(Writing by Olivia Oran in New York; Editing by Dale Hudson)

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Saturday, September 29, 2012

Reuters: Technology News: Samsung wins reconsideration of Galaxy Tab sales ban

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Samsung wins reconsideration of Galaxy Tab sales ban
Sep 29th 2012, 10:18

A visitor looks around behind Samsung Electronics' Galaxy Tab 10.1 tablet displayed for customers at a registration desk at South Korean mobile carrier KT's headquarters in Seoul December 9, 2011.

Credit: Reuters/Kim Hong-Ji

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Friday, September 28, 2012

Reuters: Technology News: Apple CEO apologizes for Maps flaws, recommends rivals

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Apple CEO apologizes for Maps flaws, recommends rivals
Sep 29th 2012, 03:46

Apple CEO Tim Cook waves at the end of Apple Inc.'s iPhone media event in San Francisco, California September 12, 2012. REUTERS/Beck Diefenbach

Apple CEO Tim Cook waves at the end of Apple Inc.'s iPhone media event in San Francisco, California September 12, 2012.

Credit: Reuters/Beck Diefenbach

By Poornima Gupta

SAN FRANCISCO | Fri Sep 28, 2012 11:46pm EDT

SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in its new Maps service and, in an unusual move for the consumer giant, directed them to rival services such as Google Inc's Maps instead.

The rare apology follows Apple's launch of its own mapping service earlier this month, when it began selling the iPhone 5 and rolled out iOS 6, the highly anticipated update to its mobile software platform.

Users complained that the new Maps service - based on Dutch navigation equipment and digital map maker TomTom NV's data - contained geographical errors and gaps in information, and that it lacked features that made Google Maps so popular from public transit directions to traffic data and street-view pictures.

"We are extremely sorry for the frustration this has caused our customers and we are doing everything we can to make Maps better," Cook said in a letter to customers released on its website, adding that the company "fell short" of its commitment to deliver "the best experience possible to our customers."

Unusually, he suggested that customers download rival mapping services available in Apple's App Store while the company improves the product.

"While we're improving Maps, you can try alternatives by downloading map apps from the App Store like Bing, MapQuest and Waze, or use Google or Nokia maps by going to their websites and creating an icon on your home screen to their web app," he said in the letter.

Apple is typically loathe to tout rival services and the contrite apology by Cook is an indication of how Apple is changing under the chief executive who took over last year from co-founder Steve Jobs just before his death. It also took the additional step of prominently displaying the rival services on its Apps Store.

"It is a bit unusual but at the same time, Tim is keeping Apple's commitment to provide the best user experience for customers," Sterne Agee analyst Shaw Wu said. "A key reason for Apple's success is keeping customers happy so we think this is a good move."

"People forget that Google Maps started out inferior to Mapquest and Yahoo Maps," he added.

Apple's home-grown Maps feature -- stitched together by acquiring mapping companies and data from many providers including Waze, Intermap, DigitalGlobe and Urban Mapping -- was introduced with much fanfare in June by software chief Scott Forstall. It was billed as one of the key highlights of the updated iOS6 software.

But errors and omissions in the maps service quickly emerged after the software was rolled out, ranging from misplaced buildings and mislabelled cities to duplicated geographical features.

NEW APPLE

The last time Apple faced such widespread criticism was in 2010, when users complained of signal reception issues on the then-new iPhone 4 model.

A defiant Jobs at the time rejected any suggestion the iPhone 4's design was flawed, but offered consumers free phone cases at a rare, 90-minute press conference called to address those complaints.

While Apple fixed the issue, Jobs had apologized to users only after he was specifically asked if he was sorry. He also said the issue was shared by all the major manufacturers, naming rivals Research in Motion, Samsung Electronics and HTC Corp.

Cook himself played a key role in convincing Jobs to tackle the negative publicity that arose around that issue, something he was initially reluctant to do, according to his biographer.

"Finally Tim Cook was able to shake him out of his lethargy," Walter Isaacson said in his biography on the late Silicon Valley icon. "He quoted someone as saying that Apple was becoming the new Microsoft, complacent and arrogant. The next day Jobs changed his attitude."

It remains to be seen how fast Apple can fix the mapping glitches. Jobs had been in a similar position when he allowed email synchronization software MobileMe to launch in 2008, to deadly reviews. The mercurial CEO took the group to task for it and replaced the group's head. The service is now folded into the iCloud product.

Mapping is a complex process that takes a lot of resources and years to perfect, said Marcus Thielking, co-founder of Skobbler, maker of the popular GPS Navigation 2 app, built using the crowdsourced OpenStreetMap platform.

"It helps a lot if you have great data to start with," he said, adding that it appears that different database were thrown together in building Apple Maps. "They (Apple) can offer incremental updates and that's what they will do."

Cook said that more than 100 million iOS devices are using the new Apple Maps and that the more people use Maps, the better it will get. He also offered some hints on why the company decided to remove Google Maps.

Apple launched the Google-powered Maps "initially with the first version of iOS" and created a home-grown version of the service as it wanted to provide more features, Cook said.

"As time progressed, we wanted to provide our customers with even better Maps including features such as turn-by-turn directions, voice integration, Flyover and vector-based maps," he said in the letter.

Google provides turn-by-turn navigation on Android-based devices but the popular feature was not available for Apple devices. Apple Maps replaced Google Maps in iOS 6 and the Google service is now only available through a browser.

Shares of Apple fell 2 percent to close at $667.10 on Nasdaq.

(Editing by Edwin Chan and Richard Chang)

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Reuters: Technology News: Canada aware of two cyber attacks, won't say if China involved

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Canada aware of two cyber attacks, won't say if China involved
Sep 29th 2012, 02:13

A computer keyboard is seen in Bucharest April 3, 2012. REUTERS/Bogdan Cristel

A computer keyboard is seen in Bucharest April 3, 2012.

Credit: Reuters/Bogdan Cristel

By David Ljunggren

OTTAWA | Fri Sep 28, 2012 10:13pm EDT

OTTAWA (Reuters) - Canada said on Friday it was aware of an attempt by hackers to target a domestic energy company, the second time in 24 hours Ottawa had acknowledged a cyber security attack against a Canadian firm.

In both cases the Canadian government declined to comment on reports which suggested a Chinese connection.

The news comes at an awkward time for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd to take over Canadian oil producer Nexen Inc.

Some Conservative legislators are wary of the proposed CNOOC takeover, in part because of what they say are China's unfair business practices.

Ottawa revealed the second case after being asked about a security report from computer manufacturer Dell Inc, which said it had tracked hackers who targeted a number of firms around the world, including an unnamed energy company in Canada. Dell said on its website that the hackers had used a Chinese service provider based in Beijing Province.

"The Canadian Cyber Incident Response Centre is aware of this incident," said Jean-Paul Duval, a spokesman for Canada's public safety ministry. Dell did not name the firm and Duval declined to comment further.

Less than 24 hours earlier Duval said Canada knew hackers had breached security at a domestic manufacturer of software used by big energy companies.

Calgary-based Telvent Canada Ltd, which is owned by France's Schneider Electric SA, warned customers about the attack, which hit operations in the United States, Canada and Spain, the cyber security news site KrebsOnSecurity.com reported on Wednesday. It cited experts who said digital fingerprints left during the attack pointed to Chinese hackers.

China is often cited as a suspect in various hacking attacks on companies in the United States and other nations. Beijing dismisses allegations it is involved.

The U.S. Cyber Command's top intelligence officer accused China on Thursday of persistent efforts to pierce Pentagon computer networks.

Candice Bergen, an aide to Canadian Public Safety Minister Vic Toews, did not directly address the Telvent incident when asked about it in Parliament.

The opposition New Democratic Party said the Conservatives needed to pay more attention to security concerns when looking at foreign takeover bids.

"Cyber security is something we have to pay attention to and that ... includes how deals are set up and trade deals are set up and acquisitions are made," said legislator Paul Dewar, the party's foreign affairs spokesman.

Although Industry Minister Christian Paradis is responsible for deciding whether the CNOOC bid should be approved, independent Conservative legislator Peter Goldring says a parliamentary committee ought to examine it.

"One of the main priorities of this committee will be to determine whether a foreign state-owned enterprise is an acceptable bidder ... for taking over a Canadian corporation," he said in a statement.

If a committee were set up it could delay the government's timetable for a ruling on the CNOOC deal. Paradis is expected to announce that decision by Nov 12.

An organization that regulates U.S. electric utilities is looking into the breach at Telvent Canada Ltd, which makes software that energy companies use to manage production and distribution of electricity. Telvent acknowledged a breach had taken place but gave few details.

The government's Canadian Security Intelligence Service says hackers try to break into government networks every day.

"Another traditional economic espionage target we often come across is the oil and gas industry," the spy agency said in its annual report released last week.

CSIS did not identify nations it said were responsible for the attacks. In 2010, the head of CSIS said ministers in two of Canada's 10 provinces were under "the general influence of a foreign government" and made clear he was talking about China.

(Reporting by David Ljunggren; editing by Carol Bishopric)

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Reuters: Technology News: Canada won't say if China involved in hacking incident

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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Canada won't say if China involved in hacking incident
Sep 29th 2012, 01:08

A computer keyboard is seen in Bucharest April 3, 2012. REUTERS/Bogdan Cristel

A computer keyboard is seen in Bucharest April 3, 2012.

Credit: Reuters/Bogdan Cristel

By David Ljunggren

OTTAWA | Fri Sep 28, 2012 9:08pm EDT

OTTAWA (Reuters) - Canada said it was aware hackers had breached security at a domestic manufacturer of software used by big energy companies, but declined to comment on a report that a Chinese group could be responsible.

Calgary-based Telvent Canada Ltd, which is owned by France's Schneider Electric SA, warned customers about the attack, which hit operations in the United States, Canada and Spain, the cyber security news site KrebsOnSecurity.com reported on Wednesday.

"The Canadian Cyber Incident Response Centre is aware of this incident and is already working with stakeholders in government and the private sector," public safety ministry spokesman Jean-Paul Duval said in an email late on Thursday.

KrebsOnSecurity.com cited experts who said digital fingerprints left during the attack pointed to Chinese hackers.

If a Chinese group were involved it could complicate matters for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd to take over Canadian oil producer Nexen Inc.

Some legislators are wary of the proposed takeover, in part because of what they say are China's unfair business practices.

Duval, citing operational reasons, declined to comment when asked whether Canada thought Chinese hackers were responsible.

Nexen is based in the oil-rich province of Alberta, the political stronghold of the governing Conservatives.

Candice Bergen, an aide to Public Safety Minister Vic Toews, did not directly address the incident when asked about it in Parliament on Friday. She said Ottawa had recently spent C$90 million ($92 million) on measures to combat electronic threats.

The opposition New Democratic Party said the Conservatives needed to pay more attention to security concerns when looking at foreign takeover bids.

"Cyber security is something we have to pay attention to and that ... includes how deals are set up and trade deals are set up and acquisitions are made," said legislator Paul Dewar, the party's foreign affairs spokesman.

Although Industry Minister Christian Paradis is responsible for deciding whether the CNOOC bid should be approved, independent Conservative legislator Peter Goldring says a parliamentary committee ought to examine it.

"One of the main priorities of this committee will be to determine whether a foreign state-owned enterprise is an acceptable bidder ... for taking over a Canadian corporation," he said in a statement.

If a committee were set up it could delay the government's timetable for a ruling on the CNOOC deal. Paradis is expected to announce that decision by Nov 12.

China is often cited as a suspect in various hacking attacks on companies in the United States and other nations. Beijing dismisses allegations it is involved.

An organization that regulates U.S. electric utilities is looking into the breach at Telvent Canada Ltd, which makes software that energy companies use to manage production and distribution of electricity. Telvent acknowledged a breach had taken place but gave few details.

The government's Canadian Security Intelligence Service says hackers try to break into government networks every day.

"Another traditional economic espionage target we often come across is the oil and gas industry ... Canada remains an attractive target for economic espionage," the spy agency said in its annual report released last week.

CSIS did not identify nations it said were responsible for the attacks. In 2010, the head of CSIS said ministers in two of Canada's 10 provinces were under "the general influence of a foreign government" and made clear he was talking about China.

($1=$0.98 Canadian)

(Reporting by David Ljunggren; Editing by Peter Galloway)

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Reuters: Technology News: Google can't enforce German Microsoft injunction: ruling

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Google can't enforce German Microsoft injunction: ruling
Sep 29th 2012, 00:09

A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012. REUTERS/Jim Young

A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012.

Credit: Reuters/Jim Young

By Dan Levine

SAN FRANCISCO | Fri Sep 28, 2012 8:00pm EDT

SAN FRANCISCO (Reuters) - A U.S. appeals court on Friday ruled that Google Inc's Motorola Mobility unit cannot enforce a patent injunction that it obtained against Microsoft Corp in Germany, diminishing Google's leverage in the ongoing smartphone patent wars.

The injunction would have barred Microsoft from "offering, marketing, using or importing or possessing" in Germany some products including the Xbox 360 and certain Windows software.

The ruling against the German injunction came from the 9th U.S. Circuit Court of Appeals in San Francisco.

Microsoft deputy general counsel David Howard said the company was pleased with the ruling. A representative for Google's Motorola unit declined to comment.

Brian Love, a professor at Santa Clara Law school in Silicon Valley, said the decision helps Microsoft counteract a favorable dynamic for Google in Germany.

"To some extent Germany has a reputation as place you can go and get an injunction relatively easy," Love said.

The current Xbox 360 is the market-leading console in the United States. Microsoft is expected to unveil its next generation Xbox video game console in 2013.

Microsoft has said that Motorola's patents are standard, essential parts of its software and that Motorola is asking far too much in royalties for their use. Google closed on its $12.5 billion Motorola Mobility acquisition this year.

Microsoft sued Motorola in the United States in 2010, and Motorola then filed a lawsuit in Germany. Earlier this year, Microsoft announced plans to move its European distribution center to the Netherlands from Germany ahead of a possible injunction.

After a court in Mannheim issued the sales ban, U.S. District Judge James Robart in Seattle granted Microsoft's request to put the German order on hold earlier this year. According to Robart, the ruling would remain in effect until he could determine whether Motorola could appropriately seek a sales ban based on its standard essential patents.

In its ruling on Friday, a three-judge 9th Circuit unanimously upheld Robart's order. Since Microsoft had already brought a lawsuit against Motorola for breach of contract in the United States, U.S. courts have the power to put the German injunction on hold, the 9th Circuit said.

"At bottom, this case is a private dispute under Washington state contract law between two U.S. corporations," the court ruled.

European regulators are investigating claims that Motorola over-charged Microsoft and Apple Inc for use of its patents in their products and thereby breached antitrust rules.

The case in the 9th Circuit is Microsoft Corporation vs. Motorola Inc, Motorola Mobility Inc and General Instrument Corporation, 12-35352.

(Additional reporting by Malathi Nayak in San Francisco and Bill Rigby in Seattle; Editing by Gary Hill and Richard Chang)

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Reuters: Technology News: Google can't enforce Microsoft injunction in Germany: U.S. ruling

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Google can't enforce Microsoft injunction in Germany: U.S. ruling
Sep 28th 2012, 22:15

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A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012. REUTERS/Jim Young

A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012.

Credit: Reuters/Jim Young

SAN FRANCISCO | Fri Sep 28, 2012 6:15pm EDT

SAN FRANCISCO (Reuters) - A U.S. appeals court ruled that Google's Motorola Mobility unit cannot enforce a patent injunction that it obtained against Microsoft Corp in Germany.

The ruling against the German injunction came from the 9th U.S. Circuit Court of Appeals in San Francisco on Friday

The injunction would bar Microsoft from "offering, marketing, using or importing or possessing" in Germany some products including the Xbox 360 and certain Windows software.

(Reporting by Dan Levine; Editing by Gary Hill)

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Reuters: Technology News: Canada won't say if China involved in hacking incident

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Canada won't say if China involved in hacking incident
Sep 28th 2012, 18:48

By David Ljunggren

OTTAWA | Fri Sep 28, 2012 2:42pm EDT

OTTAWA (Reuters) - Canada said it was aware hackers had breached security at a domestic manufacturer of software used by big energy companies, but declined to comment on a report that a Chinese group could be responsible.

Calgary-based Telvent Canada Ltd, which is owned by France's Schneider Electric SA, warned customers about the attack, which hit operations in the United States, Canada and Spain, the cyber security news site KrebsOnSecurity.com reported on Wednesday.

"The Canadian Cyber Incident Response Centre is aware of this incident and is already working with stakeholders in government and the private sector," public safety ministry spokesman Jean-Paul Duval said in an email late on Thursday.

KrebsOnSecurity.com cited experts who said digital fingerprints left during the attack pointed to Chinese hackers.

If a Chinese group were involved it could complicate matters for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd to take over Canadian oil producer Nexen Inc.

Some legislators are wary of the proposed takeover, in part because of what they say are China's unfair business practices.

Duval, citing operational reasons, declined to comment when asked whether Canada thought Chinese hackers were responsible.

Nexen is based in the oil-rich province of Alberta, the political stronghold of the governing Conservatives.

Candice Bergen, an aide to Public Safety Minister Vic Toews, did not directly address the incident when asked about it in Parliament on Friday. She said Ottawa had recently spent C$90 million ($92 million) on measures to combat electronic threats.

The opposition New Democratic Party said the Conservatives needed to pay more attention to security concerns when looking at foreign takeover bids.

"Cyber security is something we have to pay attention to and that ... includes how deals are set up and trade deals are set up and acquisitions are made," said legislator Paul Dewar, the party's foreign affairs spokesman.

Although Industry Minister Christian Paradis is responsible for deciding whether the CNOOC bid should be approved, independent Conservative legislator Peter Goldring says a parliamentary committee ought to examine it.

"One of the main priorities of this committee will be to determine whether a foreign state-owned enterprise is an acceptable bidder ... for taking over a Canadian corporation," he said in a statement.

If a committee were set up it could delay the government's timetable for a ruling on the CNOOC deal. Paradis is expected to announce that decision by Nov 12.

China is often cited as a suspect in various hacking attacks on companies in the United States and other nations. Beijing dismisses allegations it is involved.

An organization that regulates U.S. electric utilities is looking into the breach at Telvent Canada Ltd, which makes software that energy companies use to manage production and distribution of electricity. Telvent acknowledged a breach had taken place but gave few details.

The government's Canadian Security Intelligence Service says hackers try to break into government networks every day.

"Another traditional economic espionage target we often come across is the oil and gas industry ... Canada remains an attractive target for economic espionage," the spy agency said in its annual report released last week.

CSIS did not identify nations it said were responsible for the attacks. In 2010, the head of CSIS said ministers in two of Canada's 10 provinces were under "the general influence of a foreign government" and made clear he was talking about China.

($1=$0.98 Canadian)

(Reporting by David Ljunggren; Editing by Peter Galloway)

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Reuters: Technology News: Appeals court sends Galaxy Tab injunction back to trial judge

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Appeals court sends Galaxy Tab injunction back to trial judge
Sep 28th 2012, 16:30

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

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Reuters: Technology News: Tablets, Turtles make "most wanted" holiday toy list

Reuters: Technology News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Tablets, Turtles make "most wanted" holiday toy list
Sep 28th 2012, 14:44

A Google employee poses with Nexus 7 tablets at a promotional event in Seoul September 27, 2012. REUTERS/Kim Hong-Ji

A Google employee poses with Nexus 7 tablets at a promotional event in Seoul September 27, 2012.

Credit: Reuters/Kim Hong-Ji

By Phil Wahba

NEW YORK | Fri Sep 28, 2012 10:44am EDT

NEW YORK (Reuters) - Tablet computers, turtles and a new take on a furry old-timer are the hot toys retailers and manufacturers hope will spark a rebound from a dismal 2011 holiday season, according to a closely watched "Most Wanted" list released on Friday.

The industry is not just counting on best-selling toys to generate joy at the cash register. Major retailers are pushing more attractive layaway plans to lure shoppers into stores before they go elsewhere this holiday season.

Competition will be stiff over layaway: who's the earliest, with no fee or just a small fee.

"This year (there) is going to be more action early, and it's the battle of the layaway programs," said Jim Silver, editor in chief of TimetoPlay.com, which released its "Most Wanted List" of toys on Friday.

"Everybody is being super aggressive, announcing the hot items, saying 'come get it on layaway.'"

Walmart U.S., Wal-Mart's largest unit, brought layaway back a month early this year - giving shoppers who live paycheck-to-paycheck more time to pay for holiday gifts.

Toys R Us Inc offered layaway with no upfront fee, and soon after, Walmart cut its upfront fee to $5 from $15. The $5 fee will be returned in the form of a Walmart gift card if all payments are completed on time - as the $15 fee would have been.

Last year, Wal-Mart Stores Inc used the layaway strategy successfully to boost sales, taking customers away from the likes of Toys R Us.

Among this year's hot toys is LeapFrog Enterprises Inc's $99.99 LeapPad 2 Explorer tablet, an update on last year's massive holiday hit.

The tablet made Time to Play's Holiday 2012 Most Wanted List, which is a hot read for toy industry executives. It was also featured on The Toy Insider, a holiday gift guide from a publisher that serves the toy and licensing industries, as well as gift lists from Walmart, Toys R Us and Sears Holdings Corp's Kmart.

Time to Play's list includes returning old classics like Teenage Mutant Ninja Turtles figures; a princess wedding castle playset for Hasbro Inc's My Little Pony; Lego Friends; and an update of Hasbro's furry 1990s toy, Furby.

Newer characters like Just Play's Doc McStuffins could be a hit. The doll based on the Disney Junior show has landed on lists from Time to Play, Toys R Us and Toy Insider.

"The consumer looks for value," Time to Play's Silver said. "Parents look for things that a child will play with over and over."

Other items on the list include Thomas & Friends's Steam and Speed remote control by Mattel unit Fisher-Price, and Winx Club Everyday Concert Collections by Jakks Pacific Inc.

Hasbro is looking for a better holiday season this year than the one last year, when demand weakened after Thanksgiving.

Larger rival Mattel saw international sales at holiday time hurt by a stronger dollar.

At stores, shoppers will have options other than layaway.

Toys R Us has introduced a program this year that lets shoppers reserve any 50 toys on a list it will draw up by making a 20 percent down payment in person at its stores by October 31.

Dollar General Corp said Thursday it is offering a 10 percent discount on purchases of at least $75 from its toy selection, which includes items by Mattel, Hasbro and Walt Disney Co.

(Reporting by Phil Wahba in New York; Editing by Brad Dorfman and Jeffrey Benkoe)

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Reuters: Technology News: T-Mobile USA in $2.4 billion tower deal with Crown Castle

Reuters: Technology News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
T-Mobile USA in $2.4 billion tower deal with Crown Castle
Sep 28th 2012, 13:08

NEW YORK | Fri Sep 28, 2012 8:19am EDT

NEW YORK (Reuters) - T-Mobile USA, the No. 4 U.S. mobile provider, has agreed to sell the rights to 7,200 of its wireless broadcast towers to Crown Castle International Corp for $2.4 billion.

Under terms of the deal announced on Friday, Crown Castle will have the rights to operate the towers for about 28 years and have the option to buy the towers from T-Mobile USA at the end of the lease.

The U.S. mobile business of Deutsche Telekom has been trying to sell its wireless towers since its proposed purchase by AT&T Inc failed last year due to regulatory opposition.

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Reuters: Technology News: Nokia cuts smartphone prices before new models arrive

Reuters: Technology News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Nokia cuts smartphone prices before new models arrive
Sep 28th 2012, 12:58

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Models of the Nokia Lumia 900 cellular telephone are pictured in San Francisco, California April 11, 2012. REUTERS/Robert Galbraith

Models of the Nokia Lumia 900 cellular telephone are pictured in San Francisco, California April 11, 2012.

Credit: Reuters/Robert Galbraith

HELSINKI | Fri Sep 28, 2012 8:27am EDT

HELSINKI (Reuters) - Struggling phone maker Nokia has slashed 10-15 percent off the prices of two top smartphone models, hoping to boost sales before newer models arrive in markets in November.

Nokia has cut the price of the Lumia 800 by around 15 percent and the Lumia 900 by 10 percent in Europe, according to device pricing data compiled by British research firm CCS Insight. Nokia declined to comment.

Earlier this month, Nokia launched Lumia 820 and 920, which many see as crucial for the Finnish company's survival. But the newest models will go on sale only in November, leaving its sales team struggling with older smartphone models for over a month.

(Reporting by Tarmo Virki. Editing by Jane Merriman)

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Reuters: Technology News: Apple's Cook sorry for Maps errors, suggests rival services

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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Apple's Cook sorry for Maps errors, suggests rival services
Sep 28th 2012, 13:16

Apple CEO Tim Cook waves at the end of Apple Inc.'s iPhone media event in San Francisco, California September 12, 2012.

Credit: Reuters/Beck Diefenbach

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Reuters: Technology News: Sharp says making adequate volumes of display used in iPhone5

Reuters: Technology News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Sharp says making adequate volumes of display used in iPhone5
Sep 28th 2012, 10:41

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Sharp's logo is seen behind a traffic sign outside an electronics shop in Tokyo September 7, 2012. REUTERS/Kim Kyung-Hoon

Sharp's logo is seen behind a traffic sign outside an electronics shop in Tokyo September 7, 2012.

Credit: Reuters/Kim Kyung-Hoon

TOKYO | Fri Sep 28, 2012 6:23am EDT

TOKYO (Reuters) - A Sharp Corp executive said the company is making "adequate volumes" of displays it is known to supply for Apple Inc's new iPhone5, indicating that a bottleneck in supplies of screens may have eased.

Analysts had blamed bottlenecks at suppliers for leaving Apple with too few iPhones to meet burgeoning demand at its launch this month.

One of three companies making the high-definition screens for the latest device from Apple, Sharp at the end of August was behind schedule, when it was supposed to be at full production at its Kameyama plant in central Japan, a source earlier told Reuters.

Apple also buys screens from Japan Display and Korea's LG Display.

Sharp, the source said, was struggling to improve low production yields, raising the question of whether Apple would be prepared to sweeten financial incentives to secure an acceleration of production.

The Sharp executive made the comment at a press briefing in Osaka, western Japan, speaking on condition he wasn't identified.

(Reporting by Tim Kelly; Editing by Muralikumar Anantharaman)

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We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/

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