Technology Business Recap: HP Restructuring, Android Losing Developers
In February, the number of cell phone subscribers in China was reported at 999.7 million. By today that figure could exceed one billion – latest figures per company show China Telecom (NYSE:CHA) with 132.3 million customers, China Unicom (NYSE:CHU) with 206 million, and China Mobile (NYSE:CHL) at 661.4 million.
In a deal that would become Broadcom’s (NASDAQ:BRCM) tenth tech acquisition in Israel, the company expects to acquire semiconductors and software firm Broadlight for $230 million, according to reports.
Vodafone (NASDAQ:VOD) is relieved of paying more than $2 billion in taxes on its $11.2 billion buyout of a local carrier, as the Supreme Court of India rejects the government’s appeal of the case.
Investing Insights: AMD’s Wonder Chip Wants to Beat Intel.
Developers are becoming less interested in writing for Android (NASDAQ:GOOG), even as its phone sales surge. Worries over fragmentation and monetization are said to be central to the issue. Less than 80 percent of the developers want to work for Android, according to a recent survey by IDC and Appcelerator, a figure that is down from close to 90 percent in June. Alternatively, 90 percent say they would like to develop for the iPhone (NASDAQ:AAPL), and Windows Phone 7’s (NASDAQ:MSFT) draws 40 percent, with less that 20 percent showing interest in the Blackberry.
A major restructuring at H-P (NYSE:HPQ) announced Tuesday involves the merger of the company’s PC and printing divisions, and the exit of printing chief V.J. Joshi, according to AllThingsD. Each division must deal with cannibalization from rival technologies – tablets and online photo sharing, respectively, causing unimpressive sales figures in H-P’s fiscal first quarter.
Yahoo! (NASDAQ:YHOO) chief scientist Ragu Ramakrishnan has been recruited by Microsoft’s (NASDAQ:MSFT) Server & Tools division. He had been instrumental in Yahoo’s search and cloud development efforts. Other major players have left for Google recently, amid substantial cuts to research at that company that are rumored by Pando Daily.
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