Toshiba’s New Focus-After Camera, Apple Ready to Bring Back Production to US: Tech Business Wrap
Last week, Research In Motion (NASDAQ:RIMM) and Nokia Corporation (NYSE:NOK) said that they had resolved their differences, and reached an agreement to end all patent disputes. Although the terms were not divulged, it was thought that the former would pay a big up-front free, along with ongoing royalty payments, so as to license various Nokia patents that cover mobile WLAN tech and more. However, a recent filing with the Securities and Exchange Commission discovered by The Guardian, brings out some details: “On December 21, 2012, Nokia and RIM announced that they have entered into a new patent license agreement,” RIM noted in a 6-K filing with the SEC. “The agreement will result in the settlement of all patent litigation between the companies and Nokia’s dismissal of all pending actions in the United States, United Kingdom, Canada and Germany. The financial structure of the agreement includes a lump sum €50 million one-time payment, which has been recorded in the Company’s consolidated statement of operations in the third quarter of fiscal 2013.”
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Toshiba Corp. (TOSBF.PK) has developed a tiny module for small electronic devices which enables users to refocus any part of the photograph after shooting, eliminating the need to sharply focus on objects before they press the shutter button, unlike conventional cameras.
At the Mobile World Congress event at Barcelona in February, Intel Corporation (NASDAQ:INTC) will likely debut a new smartphone platform with new Atom processors based on 22nm and 14nm processes that feature lower power consumption, according to Digitimes. Additionally, the report says that handset component makers have advised them that these launches will be crucial to the company in its rivalry with ARM in the world smartphone market.
It is said that Apple (NASDAQ:AAPL) is poised to move its Mac mini production lines back to the United States with Foxconn Electronics responsible for handling establishment, say sources from the upstream supply chain. Presently, Foxconn has around 15 domestic operating bases, and the firm reportedly intends to begin recruiting workers next year for new automated production lines.
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