|Consumers still pressimistic on economy|
About 42 percent of those surveyed say they have less pay and savings than before the recession began in late 2007. Just 7 percent say they're significantly better off.
|Rural India to get free Internet Access|
Internet.org wants to make internet access available to the two-thirds of the world that is not yet connected. It is a partnership of non-profit organisations, local communities, experts, and technology leaders.
|UMC Board approved JV with Fujitsu|
Under the joint venture, a 12-inch wafer plant in Mie Prefecture in Japan will manufacture 28,000 wafers per month for use in image sensors and automobile electronics, according to UMC.
|Volve - a Chinese automotive company|
Back in 2010, Ford sold Swedish carmaker, Volvo, to a Chinese company known as Geely, and only now, is the company hitting the Chinese market with its first vehicle to be rid of Ford tech, the XC90.
|Apple failed to halt Samsung in court|
Apple hadn't adequately proven Samsung's intellectual theft had hurt its sales or diminished its reputation for innovation. Judge Koh noted that Apple had previously licensed some of the features that Samsung infringed upon to the makers of other smartphones that competed against the iPhone, too.
|Nokia to desert China for Vietnam|
The transfer is a big leap Microsoft is making following its acquisition of the smartphone company. Nokia will shut down all Komarom facilities in Hungary as well as part of the Beijing and Dongguan plants in China, and repurpose the Reynosa factory in Mexico as a service centre.
|Samsung starts production on 3D DDR4 memory module|
3D TSV is an innovative packaging technology that vertically interconnects stacked dies. With its introduction of the new TSV modules, Samsung has further strengthened its technological leadership in the “3D memory” era.
|Fairchild to shut down older fabs|
While the industry is moving toward larger wafers, these actions are expected to increase eight-inch wafer production from the current total wafer output of 30 per cent to approximately 75 per cent.
|Durable good orders up|
Orders for durable goods rose 22.6 percent in July on a seasonally adjusted basis, the largest one-month gain on record. The strength came from a 318 percent increase in orders for civilian aircraft.
|China to develope its own OS|
In the Chinese government's point of view, the U.S. surveillance program and Microsoft's PC OS monopoly, compounded by a mobile market dominated by Google's Android OS and Apple's iPhones, all combine as perfect justification for the Chinese government to pitch its own OS.
|Lenovo turns to Taiwan for server help|
China Internet service players Baidu, Tencent and Alibaba are planning to develop an open structure that mainly focuses on satisfying China players' demand and Taiwan-based server players will have a chance to join the project and expand their cooperation with China Internet service players.