There is a high likelihood that its share could increase to above 50% with Intel’s (INTC) upcoming Santa Rosa platform (to launch in 1st half 2007), based on its initial feedback from customers, and given ATI Technologies' (ATYT) lateness with its next-generation products. In the near-term, better than expected overall notebook builds should also contribute to better GPU revenues.
Freescale Semiconductor (FSL) agreed to a takeover by private-equity firms led by Blackstone Group LP for $17.6 billion in the biggest technology buyout ever.
India has become the fastest-growing cellular market in the world, adding a net 5.9 million cellular subscribers in August, the Cellular Operators Association of India said this week. The gain outstripped China’s increase of 5.19 million subscribers.
Microsoft (MSFT) formally announced its Zune portable media player. However, pricing and timing were not revealed because Apple unveiled its aggressive pricing at $249 for its new 30 GB vPod took MSFT by surprise. MSFT is re-thinking its pricing strategy amid potential wider losses to stay competitive in the marketplace.
BEA Systems (BEAS) received a Nasdaq non-compliance notice over the company's delayed Form 10-Q filing for the second-quarter ended July 31. The company said it will request a hearing before a Nasdaq panel to request continued listing on the exchange. Pending a decision by the panel, BEA shares will remain listed.