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Home Blog Page 7679

Nokia Sales And Revenue Tumbled, RIM’s Blackberry Market Struggling, But Apple Rules

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As regard the two giants phone makers – Nokia ( NYSE: NOK)  and Research In Motion (RIM)  market situations. Indeed, they are facing difficult situation in the world of smartphone presently, are Android phones and Apple’s iPhones responsible for this smartphone market’s misfortune to these phone giants? Well may be.

 

For instance, Nokia has been seen as an icon to Finland – country with population of about 5+ millions.  Perhaps Nokia (NYSE: NOK)  is the largest contributor to gross domestic product (GDP) of Finnish people, until recently the world leading phone maker is being disliked from its homeland, why? According to some reports, Nokia is currently building a new manufacturing plant in Vietnam and that means thousands of job loss in its 2 centers in Finland. So pathetic to the Finns.

 

Nokia Market Situation

Nokia posted a £320million loss – the day after main rival Apple unveiled record quarterly profits. Revenue fell seven percent to £8.2billion from £8.8billion last year. In contrast, Apple announced net income of £4.51billion for the quarter 125 percent higher than a year ago.  It overtook Nokia in the smartphone sector – selling 20million iPhones compared with its rivals’ 16.7million smartphones.

Nokia shipped 88.5million mobile devices between April and June, down from 111million a year ago and 108.5million in the previous quarter.

According to Nokia Chief Executive, Stephen Elop said: “the challenges we are facing during our strategic transformation manifested in a greater than expected way during the quarter. However, I believe our actions to mitigate the impact of these challenges have started to have a positive impact on the underlying health of our business.

 

RIM’s Blackberry Market Situation

The Canadian based smartphone manufacturer – Research in Motion (RIM) is planning to shed its workforce globally by 11%, which means 2,000 jobs cut. According to reports:

Job losses were a prudent and necessary step for RIM’s long-term health, but that has not factored the cost of redundancy pay-offs into its forecasts for the current financial year. It will give details of the financial impact of the cuts when it reports in September.

RIM’s share price slumped 4.32% to $26.73 last week trading in New York. RIM has performed well in the past because of business demand for its handsets, such as the Blackberry Curve, which are quick to use for email and more secure than other models. According to some analysts, viewed “ Blackberry has struggled to broaden their appeal to the general consumers, who tend to prioritize touch-screen functionality over security. It has done well in the enterprise market because it’s very secure and easy to manage, but most people don’t simply care about that”

 

With Apple gearing up to launch new iPhone perhaps a mini –iphone, an affordable price for the larger percentage of developing and emerging markets.  May be towards the last quarter of this year 2011, Apple may strike another blow to Nokia and RIM and Google’s Android platform smartphones. Should they all concede defeat to Apple as the new market leader of smartphone to emerge soon? What do you think?

Research And Training On FPGA, Embedded Systems, VLSI, PCB, And More

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Education is constantly evolving as a result of emerging technologies which are shaping global commerce and industry. Fasmicro understands this change and the enormous challenges faced by businesses and school administrators to not only meet the needs, but to exceed the expectations of customers, students and parents (and indeed society). In this era with constant technological disruptions, meeting the needs and expectations are not just enough, understanding the perceptions of customers and students, is very vital.

This is a new century and new technologies will constantly evolve new industries, markets and economies. Innovation matters and training must be central to any strategy. Fasmicro assists schools, companies and institutions to develop a holistic technical training model. We understand that innovative technological applications, new policies, optimized processes are catalysts that enable educators to improve technical educational achievement.

Besides training and education, Fasmicro is positioned in all major areas of microelectronics and semiconductor research. We help clients look at data as well as develop strategies in technical research. In our networks are PhD graduates from top engineering schools and will help you stay ahead of competition by helping to shape your next generation products.

We provide custom training on all areas of VLSI in both analog and digital systems. We have licensed CAD tools for VLSI designs and printed circuit board (PCB) education. We sell and support all major brands of FPGA boards such as Xilinx, Altera, etc. Our unique service provides free two-day offsite training if a client buys CAD, FPGA/VHDL, Demo boards and labware from us. We also train on embedded systems and microprocessor programming and extend that knowledge to robotics. We are master coders on Microchip and Parallax microprocessor families. We cover from design physics to testing.

These are some of the areas we train/educate clients:

  • VLSI (analog and digital)
  • VHDL and FPGA
  • Printed Circuit Board (PCB)
  • MEMS/BioMEMS
  • Embedded systems and microprocessor programming
  • Robotics
  • CAD Training for schematics, layout, etc

 

For more on Fasmicro Training and Research, visit here.

 

Our Apology For Service Failures – We’re Fixing Them

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By now, you must have noticed that Tekedia goes down about twice daily. We are still trying to figure out where the bug is coming from. We are looking at everything to ensure we solve this problem.

 

Please if you notice the site to be down, please come back in few minutes. We hope to get this sorted out as it is impacting our user experience. For those that have written, be assured we have heard.

 

We sincerely apologize.

 

Tekedia Team

Lagos, Nigeria

Africa.com Launches Deals Site – Wish They Build A Competing Service To Western Union

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This is adapted from Africa.com press release. We truly wish they forget this commerce deals and find a way to compete with Western Union. Western Union is arrogant and someone must get them to order by having a product that works better.

 

Africa.com, a fast growing website focusing on all things African, has just announced Africa.comDEALS, its own social coupon website that’s aimed at the African diaspora and those who are interested in learning more about African culture, travel and products.

 

Over the last couple of years, a lot of the tech buzz has been about the successes of online coupon and social buying sites like Living Social, Groupon and Foursquare.  (It doesn’t hurt that Groupon boasts of a $20 billion target valuation for its IPO.)

 

If you put a map of the world over the hundreds of markets these companies are servicing, though, you’ll see that relatively little attention has been focused on the fast growing economies in Africa – 18 of which had GDP growth rates of 5 percent or more last year.  Those countries include Nigeria, Ghana, Ethiopia, Botswana, Zambia and Angola, among others.  Likewise, little attention has been focused on the African diaspora – until now.

 

Africa.comDEALS will provide significant discounts on a variety of products and services of importance to the million or more users who visit Africa.com each month.  Categories include discounted air fares to Nigeria, Ghana, South Africa and other African destinations; hotels, car rentals, traveler health insurance, international calling cards, cellphones and cellphone services, money transfers, theater/music/sports events, museum memberships, subscriptions, fashion, restaurants, wine, food (coffee, chocolate, etc.), even hair styling.

 

Africa.comDEALS is good for vendors too, many of whom have been grumbling about their experiences with other social buying sites.  The new offering opens up access to a growing and increasingly wealthy market niche, the African diaspora.  The African Development Bank and the World Bank report that the African diaspora currently includes 30 million people – who sent some $40 billion home to Africa in 2010, making these remittances the continent’s second largest source of foreign inflows.

 

 

Are New Technologies Really Helping Poor People? The Bottom Billion People Debate

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Few years ago while in the doctoral engineering program of the Johns Hopkins University, Baltimore, I received a fellowship from Jay D Samstang for ‘outstanding performance’. It was more money in the pocket and that enabled me to fund a critical project related to African Institution of Technology, my non-profit organization. But there was something really interesting about this fellowship. It helped me to be invited to a dinner hosted by Prof Nicholas. P. Jones, the engineering Dean, along with other top management of the university. In that dinner, I met some of the most passionate alumni of Hopkins.  It was a great atmosphere. The memory is second only to the day the six professors in my dissertation committee congratulated me after deciding that I passed my PhD defense.  Hopkins is a great university and sometimes I wish I am still a student there. But it is life; I need to grow up!

 

Back to the dinner; wine, assorted food, they had all. This brings another fun experience to memory last year when High Chief Gabriel Igbinedion, the Esama of Benin Kingdom (Nigeria) invited me to a breakfast. It was another good one because I enjoyed the early morning on the same table with two Nigerian federal ministers and couple of deputy governors. I had given a Keynote address during Igbinedion University 10th year anniversary celebration the previous day. The Hopkins dinner was great; American legends were in attendance. That great autumn evening with happy birds singing in harmonious glory and splendor turned out giving me a feeling of justification for resigning a lucrative bank job in Lagos for exploration in America. In absolute and relative terms, there was nothing I would have gotten in America that Lagos would not have offered, except quality engineering education.  I was happy, the risk is paying off!

 

And then I was asked as one of the Fellows to give a speech. It was a short one, but it was long enough to thank them and then reminded them that the ‘most effective aids America gives to Africa are education fellowships and scholarships to African students’. I made a point that IMF and World Bank could be wasting billions of dollars in Africa through our corrupt politicians, but at least, America is anchoring a new generation of African leaders through these scholarships. I have always believed that if half of the aids that go to Africa are channeled to education, Africa will be aids-free faster. It was a great evening. We took photos and I appreciated these Americans for their generosities.

 

While in TED2010 conference few weeks ago in Long Beach, California, I met two people during dinner that told me that Singularity University was holding an event. I was a TED Fellow and they reasoned that I was a trailblazer (yes, I agree with them). I was invited to the event and I went. Right there, I met innovators and thinkers visioning exponential growth technologies with potentials to affect a billion people. The energy was infectious because that was like being in graduate school again where you think you can solve all problems on earth by coming daily seating right inside that small cubicle. I made immediate contacts; the guys were nice and we just connected. That week was so good because I had one and one with Vice President Al Gore during a breakfast. Yes, I asked him a question and he answered me. What a feeling!

 

After TED, I took time to visit Singularity University website. I noticed a model. They wanted to solve problems with their resources that would affect the world, and I will add especially developing world since the billion people ambition cannot come without a good part of the developing population. What they did is very ingenious. They bring people from ALL over the world and ask them to work together to solve the problems. For an organization to do this, it means it is humble and understands that breakthrough knowledge can come from any place.

 

Unlike the model used by most aid agencies, which stay in US, France, UK and develop solutions for Rwanda, Nigeria and Cameroon, without consulting the people. They miss the point that what works in London most likely will not work in Lagos because in Lagos, the traffic can reduce an eight-hour workday to two hours.  And when you finally get to work, there might not be light for the two hours. So Singularity University understands the need of bringing people that can benefit from their ideas to help shape the solutions.  For me, that is redesigning the way the western world has approached global problems, especially the ones affecting developing world.

 

To back it up, they award scholarships to these students, from any location on earth.  I have a student coming from Nigeria to attend a ten-week expense paid summer scholarship ($25,000 value). It is simply marvelous. There are others from other parts of Africa. They are coming to solve problems, and be part of the value chain for solutions. This is putting and elevating these students to become creators, right inside the NASA campus where the school is located.

 

Let me close by thanking Singularity University for providing a model that makes sense in the quest to solve global problems. For any $25,000 you spend on any of the African students, I am confident that they will work hard to justify these investments. At AFRIT, we are proud to be part of the process to link these minds to your institution. To all the students, prove yourselves and let’s change the bottom billion people which include most in our continent. And remember your community, always.

 

Dated April 2010