Alcatel-Lucent’s fourth quarter losses

February 5, 2009
Alcatel-Lucent records another loss
Engadget
Greg Meckbach provides details about Alcatel-Lucent’s huge financial loss last year.

“(Alcatel-Lucent) lost $8.15 billion (5.17 billion Euros) last year. Fourth-quarter losses were 3.87 billion Euros. This is the third year in a row the company lost money.”

What’s your opinion?

Netbook demand surge to slow next year
Register Hardware
Tony Smith writes about the netbook market.

“Acer will extend its lead over Asus this year, as World+Dog buys even more netbooks, causing demand to surge. So claims market watcher DisplayBank. It calculates that of the of the 14.65 million netbooks that shipped globally in 2008, 5.45 million were Acer machines while 4.85 million were produced by Asus, who’s original Eee PC arguably set the whole trend rolling.”

India will still enjoy IT growth this year
ZD Net
Eileen Yu writes that despite the global economic recession, India’s IT industry will still show growth this year.

“ According to a Springboard Research report released Tuesday, the Indian IT market will not be as severely affected by the downturn as economies in North America, Europe and Asia-Pacific markets such as Japan and Korea. In fact, IT spending in India will still expand by 14.1 per cent in 2009.”

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Jim Love, Chief Content Officer, IT World Canada

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Maxine Cheung
Maxine Cheung
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