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UPDATE 2-Texas Instruments warns of weak demand

2013-01-23 03:22:06| Semiconductors - Topix.net

Texas Instruments Inc posted quarterly revenue that was ahead of Wall Street expectations but the chip maker warned of uncertain demand and a widespread customer reluctance to order until the last minute due to macroeconomic worries.

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Avoid Oklahoma! Social-media map warns of flu hotspots

2013-01-23 00:31:58| CNET News.com

Track the germy spread of influenza with a social-media map of tweets and videos complaining of symptoms and outbreaks. [Read more]

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Climate change hurting Amazon rainforest warns Nasa - Responding to Climate Change

2013-01-21 10:55:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Large areas of the Amazon rainforest appear to be deteriorating as a result of drought due to climate change, new research from Nasa reveals. An area of the Amazon rainforest twice the size of California has suffered from a megadrought that began in 2005, causing widespread changes to the forest canopy that were detectable by satellite. While rainfall levels picked up post 2005, the old-growth forest in southwestern Amazonia appears to have struggled to recover before another drought hit the...

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ZTE expects Q1 profit, warns for 2012 net loss

2013-01-21 02:05:00| Telecompaper Headlines

(Telecompaper) Chinese equipment maker ZTE expects to report a profit in Q1 and attributes this to its operational review and strategic realignment efforts. The strategic review began last year and sharpened focus on key products and markets and strengthened cash flow management. ZTE is generating net cash inflows from operations as the company recorded higher sales collection, achieved increased profitability on new contracts, applied stringent cost controls, and recognised investment gains. However, ZTE warned that it may post a full-year 2012 net loss of between CNY 2.5 and 2.9 billion, due to delays in the progress of some domestic and international network projects, the recognition of earlier lower-margin contracts, and a drop in revenue for terminal products.

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ZTE warns of full-year net loss of up to $460m

2013-01-21 01:00:00| Total Telecom industry news

Chinese vendor insists turnaround efforts will bear fruit in Q1 2013, bringing a return to profit.

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