restructuring - News, Features, and Slideshows

News

• Lenovo to focus on tablets, smartphones with new unit

  Chinese PC-maker Lenovo has setup a new business unit to create tablets and smartphones, two of the hottest emerging areas of the gadget sector.

• Motopia hires new blood during rebranding

  The mobile media and marketing company soon to be named Motopia (ASX:MVH) has appointed a new non-executive director and a new CFO

• Satyam faces challenges a year after financial scandal

  Satyam Computer Services' revenue skidded in the Indian fiscal year, even as a new management tried to reassure customers and employees, according to financial results released belatedly by the company.

• Satyam board to consider much-delayed accounts

  The board of Satyam Computer Services, the Indian outsourcer involved in a financial scandal, is meeting on 29 September to consider financial results of the company that were delayed after the scandal.

• SCO puts Unix assets on the block

  Even as it continues to battle for Unix ownership in court, the SCO Group plans to auction off most all of its Unix assets, including "certain UNIX system V software products and related services," the company announced Thursday.

• Sony to end TV manufacturing in Europe

  Sony plans to end manufacturing of televisions in Europe this year and will sell its TV manufacturing plant in Spain to two local companies, it said Tuesday. The move, which is part of Sony's ongoing restructuring, will increase the company's reliance on outsourcing companies and it part of a plan to return its core TV operations to profitability.

• Canon signals end of the road for SED TV dreams

  Canon decided on Tuesday to liquidate a subsidiary developing a flat-panel display technology called SED, effectively bringing to an end once high hopes that the screens would replace LCD panels and plasma displays in living room TVs.

• Motorola details breakup plans

  Motorola this week gave more details of its planned reorganization, saying it will spin off its mobile devices and home products business into a new entity called Motorola Mobility.

• Nokia reorganizes, again, to quicken phone development

  Nokia has decided to streamline its structure in a bid to accelerate the development of new phones and services, the phone maker said on Tuesday.

• Lenovo clarifies Singapore - Beijing shift

  Computer maker Lenovo has clarified reports that it is shifting its Asia Pacific (AP) headquarters from Singapore to Beijing, saying that many HQ functions, including some Asia Pacific ones, would still remain in Singapore.