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TECH TREK

Google’s Schmidt Touches Down in North Korea

Flanked by former New Mexico Gov. Bill Richardson, Google chairman Eric Schmidt arrived Monday in North Korea. Richardson, who also is a former UN ambassador, has characterized the trip as a "private humanitarian mission" -- a far more hospitable description than ones coming from the U.S. State Depa...

Quattrone Bounces Back with Tech-Focused Investment Firm

After years spent battling obstruction of justice charges in an investigation of Credit Suisse First Boston, former investment banker Frank Quattrone is back with an investment firm of his own. Qatalyst Group, launched Monday by Quattrone and some former colleagues, is a technology-focused merchant ...

Philips to Leave Semiconductor Market

Philips Electronics said Thursday it had reached an agreement to sell a majority stake in its semiconductor business to a group of private equity firms for US$4.4 billion. Philips said the sale would enable it to focus on its core business of producing consumer and industrial electronics devices. Ko...

Equity Firm Grabs India’s Flextronics

High-profile equity firm Kohlberg Kravis Roberts & Co. has unveiled a deal for an affiliate to acquire Indian software company Flextronics for $900 million. Flextronics will retain a 15 percent equity stake in the software business with the deal, which represents KKR's first such stake in India....

Study: Key Mobile Phone Tech Suppliers’ Revenues to Plummet

A new study released this week by Boston-based Strategy Analytics offers an ominous warning -- companies focused on supplying light-emitting diodes (LEDs) for liquid crystal displays (LCD) and keypad backlighting functions will see their revenues plummet an astounding 41 percent in the next three ye...

ICANN May Release Single-Letter Domain Names

The agency charged with Internet oversight may give its blessing to single-letter domain names, which have been reserved since 1993. The Internet Corporation for Assigned Names and Numbers (ICANN) will decide this and other issues at a meeting in Vancouver, B.C., this weekend. Single-letter domains ...

Agilent Latest to Sell Off Chip Biz

Agilent Technologies is selling its semiconductor business in yet another example of how the chip industry has blossomed with consumer, mobile and networking technology and devices, but has become a fast-moving, boom-or-bust business that is difficult to deliver for Wall Street. The expected sale, a...

Agilent Chip Selloff Highlights Rocky Business

Agilent Technologies is selling its semiconductor business in yet another example of how the chip industry has blossomed with consumer, mobile and networking technology and devices, but has become a fast-moving, boom-or-bust business that is difficult to deliver for Wall Street. The expected sale, a...

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