Jade Technologies Holdings has reported a net profit of $1.6 million for its third quarter ended June 30, 2010 (3QFY2010), its first quarterly net profit this year. The company says this was achieved on the back of a turnover of $10.7 million for the quarter under review.
For the nine months to June 30, 2010 (9MFY2010), Jade showed a profit of $493,000 on a turnover of $15.1 million, after offsetting operational losses in the first two fiscal quarters.
Looking for work in technology? The following is a countdown of the 10 hottest technology skills in demand in the summer of 2010 according to monthly tracking by job board Dice. These skills are dominated by programming and software development, with over 14,000 job openings in one single area: Java/J2EE. If you can code, you can get work right now, even if a good chunk of it is contract and project-based. "Not only is demand strong for these professionals, but these positions as a group pay on average $10,000 more than the average national paycheck for tech professionals," Dice exec Tom Silver said in the Dice Report for July. "And confirming their coveted in-demand status, these IT pros are receiving double the pay raise this year, as compared to technology professionals as a whole." In this eWEEK slide show, the top 10 hottest technology skills and qualifications are given in order from least to most in demand. – …
Surface Mount Technology says net loss attributable to shareholders for the three months ended 30 June 2010 (1QFY2011) narrowed to HK$6.6 million ($1.2 million) from HK$16.4 million in the corresponding quarter of the last financial year (1QFY2010).
Mainboard-listed Gul Technologies Singapore says it achieved 70% growth in consolidated pre-tax profit of US$12.7 million ($17.4 million) in the 1st half of 2010 (1H2010) compared to the corresponding period last year.
Amidst the economic recovery, Gul Tech says turnover improved 55.8% compared to the corresponding period last year.
Manufacturing Integration Technology has received new orders worth $8 million for one of its bestselling wafer-level die-sorting equipment; the C300i.
These latest sales, slated for delivery in the second half of FY2010 will raise its company’s order book to a new high of $17 million as at July 14.
With the economy still in flux, U.S. tech companies have a lot of concerns. With that in mind, professional services firm BDO created a list of the top 20 risks and concerns tech companies have in 2010. The information is based on risk factors listed by businesses in various filings with U.S Securities and Exchange Commission. To compile the list, BDO used data from the 100 largest publicly traded technology companies in the United States. These risk factors are short-term issues that could negatively affect business. This eWEEK presentation is a countdown from No. 20 to No. 1, although some rankings were tied as percentages. Does your company or IT department have similar concerns? – …
IBM has announced that its technology was integral in the production of the new computer-animated 3D feature film, "Despicable Me." Big Blue delivered a server farm based on IBM’s iDataPlex system to help with the movies production. – IBM has announced that its technology was integral in the production of the new computer-animated 3D feature film, quot;Despicable Me. quot;
In a July 8 press release, IBM announced that it has collaborated
with Illumination Entertainment to help it meet the massive production
requirements in…
Kim Eng Research in a July 5 research report says: “We recently visited Li Heng Chemical Fibre’s (LHCF) new nylon yarn and polyamide chip (PA chip) production facilities in China. Operations are running smoothly.
The development community is one of the most sizeable and rapidly growing throughout the world of I.T. It consistently adopts and embraces new technologies and good developers will research and learn these as part of their daily work ethic. Developers are aware of their responsibility towards the development and expansion of this field that ultimately helps different organizations, which are running their businesses majorly over internet.
Companies are overwhelmingly concerned about economic conditions in 2010. This concern has them worried about a rash of business issues including whether they will be gobbled up by competition, whether new products and services will be able to launch and be marketed, and whether they can keep their best employees. – Tech
companies have anxiety this year; some might call it agita.
There are always risks in business. Yet, when 75
percent of the largest technology companies are not sure they will fulfill
their corporate strategy this year, its easy to understand 2010 as a bumpy and
tenuous year for IT budg…
Phillip Securities Research in a June 28 research report says: “C&O has disposed its investment property in Hong Kong for a total consideration of HK$53.9 million and will book a gain of HK$11.3 million in 1Q11 result. The disposal will add about HK$0.017 to EPS and HK$0.081 to its cash per share.
Nokia, Toshiba, HP, HTC, Lenovo and other tech companies rolled out in full force at a recent New York City event to show off a variety of both recently released and upcoming devices, including laptops and smartphones. While many of these products are aimed at consumers, also present were all-in-one PCs and high-end laptops aimed at a more business-centric audience. Smartphones on display included the much-publicized HTC Evo 4G and the Samsung Galaxy S. The presence of multiple e-readers, including Barnes & Nobles Nook, along with some examples of 3D technology, indicated that those trends are indeed still going strong. For many companies, though, the focus continues to be on fundamentals such as smartphones and PCs. – …
Microsofts Windows 7 operating system, along with the recent release of Office 2010, is helping drive a tech refresh in the enterprise, says CEO Michael Dell. However, while Dell sees that refresh starting now, its likely to take two years for large businesses to fully convert a PC fleet to Windows 7. – AUSTIN, Texas – The release of Microsofts Windows 7 operating system in 2009, along with the subsequent release of Office 2010,
is helping to drive a corporate refresh among many enterprises,
although it could take businesses years to fully switch from Windows
XP, said CEO Michael Dell.
While sp…
The Apple iPhone 4, perhaps unsurprisingly, garnered high praise from tech critics at The New York Times and the Wall Street Journal. The Journals Mossberg, even while suggesting that users may want to carry a separate phone for voice calls, deems the iPhone 4 “the best device in its class.” – In the final days before the Apple iPhone 4 made its official June 24 debut, The New York Times tech critic David Pogue and the Wall Street Journals Walter S. Mossberg tested and weighed in on Apples newest smartphone.
The verdict, perhaps not surprisingly, is that its gorgeous,
feature-rich, ti…
Tesla Motors is apparently preparing to go public, and as part of that effort has been circulating an "IPO roadshow" video that shows how future vehicles could be built using the companys electric-car technology. A preliminary prospectus filed with the Securities and Exchange Commission indicates that Tesla Motors has sold 1,063 Tesla Roadsters, and secured 2,200 reservations for its super-sporty Model S. Google co-founders Larry Page and Sergey Brin were major early investors in Tesla Motors. – Tesla Motors showed off potential future vehicles built on
the companys electric-car technology, including a minivan and an SUV, as it
prepares to launch an IPO.
An
“IPO roadshow” video circulating online details Tesla Motors strategy,
including the use of an “adaptable common platform” and “c…
Singapore’s benchmark Straits Times Index rose 1.02% on Wednesday to 2,846.94 points.
US stocks finished flat on Wednesday as cautious comments from FedEx and weak housing market data overshadowed a surge in industrial production.
Creative Technology: The consumer electronics maker whose music players compete with Apple Inc.’s iPod said it has sold its entire stake in Wireless Audio IP BV. Creative will book an exceptional gain of US$4.8 million ($6.7 million) from the divestment. Its shares increased 2.1% to $4.31.
In the tech industry, trying to compete with the juggernauts can be extremely difficult. Not only do they put pressure on smaller firms, they continue to innovate beyond what other companies are capable of achieving. That’s precisely why mergers and acquisitions might be best for some firms in the industry. By merging with other companies, they can bolster their lineup of offerings, and become a more efficient firm that can compete against companies such as Microsoft, Apple and Google. That said, the chances of any major mergers occurring among the largest and richest IT technology companies are quite slim. But that shouldn’t stop anyone from offering up some ideas. Here is a look at 20 tech companies that should merge, but sadly, probably never will. – …
Hewlett-Packard will purchase assets owned by Phoenix Technologies, including HyperSpace, a Linux-based operating system that allows PCs to boot rapidly. Phoenix previously signed an agreement with Samsung to deliver instant on-off capabilities to netbooks. HP has been focused on acquisitions of late, particularly the April purchase of Palm for $1.2 billion. Palm’s WebOS will likely go into future HP products such as tablet PCs. – Hewlett-Packard agreed June 10 to purchase assets owned by Phoenix
Technologies, including a Linux-based operating system and client
virtualization software, in a deal worth $12 million in cash. The products in question
are Phoenix’s HyperSpace, HyperCore
and Phoenix Flip.
HyperSpace is a Linu…
