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BUSINESS NEWS.(TO THE POINT)
TELECOM GEAR
Agere slashes 25% of work force
The optical parts maker will let go of 4,000 workers, cut output and take up to $900 million in charges to cope with the sharp downturn in the chip industry. Agere Systems, a spinoff of Lucent Technologies, cut its third-quarter sales outlook to $920 million. That's slightly below the low end of its old forecast. It axed 2,000 jobs in April and expects to save $520 million a year from the combined cuts. Its shares rose 1.51, or 25%, to 7.50.
Alcatel will spin off parts units
The French telecom gear maker will also seek buyers for them as part of a global strategy to outsource production. Alcatel is also seeking buyers for its e-business distribution activities. Its components activities have 8,000 employees at over 41 sites worldwide. The e-business activities employ 6,000 in Europe. Alcatel will sell three sites in France as part of the outsourcing effort.
Ericsson disputed reports that Compaq's decision to switch to Intel's Itanium chips from Compaq's own Alpha chips will have a negative financial impact. Ericsson had been adapting its network switches for Compaq's Alpha-powered servers.
TELECOM
- Compaq Announces Free Upgrade to Pocket PC 2002 for iPAQ Pocket PCs Purchased...
- Press release article from: PR Newswire September 6, 2001 700+ words
...quickly and easily loaded onto the iPAQ Pocket PC. The Compaq iPAQ Pocket PC 2002 Free Upgrade promotion requires customers...and other useful accessories for the iPAQ Pocket PC. -- Compaq has also developed useful tools for developers...
- Compaq Leads the Evolution of Portable Computing; Unveils Tablet PC Prototype.
- Press release article from: PR Newswire November 12, 2001 700+ words
...a standard sheet of paper, the Compaq Tablet PC prototype is a full-function...Clark, vice president, Tablet PC, Compaq Computer Corporation. "Our Tablet...everyday PC experience." The Compaq Tablet PC functions like a notebook PC...
- Compaq Computer Corp. to feature new Compaq LTE Notebook PC, Compaq SystemPro,...
- Press release article from: PR Newswire October 29, 1990 700+ words
COMPAQ TO FEATURE NEW COMPAQ LTE NOTEBOOK PC, COMPAQ SYSTEMPRO, AT FALL COMDEX HOUSTON, Oct. 29 /PRNewswire...high-performance full-featured 386SX-based desktop PC; -- COMPAQ SLT 386s/20, a powerful full-function laptop computer...
- Compaq Launches PC Industry's Most Innovative And Robust Array of Home PCs;...
- Press release article from: Business Wire July 15, 1996 700+ words
...specifically for home and family PC users - Compaq Presario 6000 Series: A full...device. - On-Screen Display: Compaq is the first PC manufacturer to incorporate On...fidelity sound to the home PC, Compaq has partnered with Harman International...
- COMPAQ LAUNCHES SECOND DECADE OF PC LEADERSHIP WITH NEW WORLD-CLASS NOTEBOOKS,...
- Press release article from: PR Newswire November 9, 1992 700+ words
...Exactly ten years ago this week, Compaq established the portable PC marketplace when it introduced...industry-standard portable PC. Today Compaq announced the COMPAQ LTE Lite...world's fastest portable PC. Compaq also announced the new COMPAQ...
- Compaq Makes Purchasing the iPAQ Pocket PC Even Easier.
- Press release article from: PR Newswire August 15, 2001 700+ words
...together with the iPAQ Pocket PC, Compaq Computer Corporation (NYSE...or to order an iPAQ Pocket PC online, please see www.compaq.com/ipaqppc . The award-winning iPAQ Pocket PC is readily available for immediate...
- Compaq iPAQ Pocket PC Earns First ZDNet 'Tech Trendsetter Award' at PC Expo;...
- Press release article from: PR Newswire June 30, 2000 700+ words
...iAppliances. "With the iPAQ Pocket PC, Compaq extends the capabilities of...easily in their hand." The Compaq iPAQ Pocket PC was created in the iPAQ style...information on the iPAQ Pocket PC, please visit Compaq's Web site at: http...
- Compaq Introduces PC Purchase Program for Teachers, Brings New Meaning to the...
- Press release article from: Business Wire February 27, 1997 700+ words
...use a specially configured Compaq Presario 4460ES Desktop PC, that until now was only available...4460ES is the ideal family PC. "Compaq continues to expand its solutions...the worldwide leader in the PC industry, Compaq delivers to K-12 schools...