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2014 | 2013
 
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STATS ChipPAC shares surge on takeover talks

STATS ChipPAC shares surged as much as 17.8 per cent yesterday amid renewed speculation that the firm might be taken over. Trading was frenetic with 59 million shares changing hands before the stock ended the day eight cents higher at 61.5 cents. Talk of a takeover of the semiconductor packaging and testing services firm has been swirling since mid-May, and pushed the stock from 33.5 cents on May ...MORE

S'pore, Brunei ink info-comm technology pact

SINGAPORE will assist Brunei in its quest to develop its info-communications technology industry (ICT), which has been identified as one of the strategic goals to achieving the country's Wawasan 2035 vision.The Authority for Info-communications Technology Industry of Brunei (AITI) yesterday signed an agreement with IDA International - a subsidiary of the Infocomm Development Authority of ...MORE

Her team designs chips that let you channel-surf

WHEN Ms Chan Sack Lee sees a television on, she is thrilled because she has a hand in making the chips in set-top boxes that allow channel-surfing and more. The manager of the physical design team at American chipmaker Broadcom says: "It is quite an honour knowing that a product found in almost every household has been made possible by something you have designed." What makes it especially ...MORE

Electronics a cornerstone of S'pore's economy with bright future

TINY parts made by Singapore's electronics sector pack a huge punch: Almost half of the world's data is stored on hard disk media made here. The big companies are here, and more are likely to come. "Singapore continues to attract new HQ, R&D and advanced manufacturing projects that add a diversity of good job opportunities in the industry," says Economic Development Board director of electronics ...MORE

The French edge in engineering, tech

[SINGAPORE] Visitors to the showroom of security technology company Morpho in the Parisian suburbs might feel somewhat unnerved. Once their fingerprint details, facial and eye structures are stored inside Morpho's system (which it assures will be deleted after the trial), being identified is a piece of cake. Swipe your fingers over a sensor without touching it, and your passport details appear on ...MORE

$1.2b govt IT tenders planned for this year

[SINGAPORE] Smaller and more focused IT projects will feature prominently in this fiscal year's $1.2 billion worth of government infocomm tenders. The areas in which tenders will be called include cybersecurity, infrastructure, system development and maintenance, data and analytics, cloud and mobile services.At the annual industry briefing on infocomm initiatives in the public sector yesterday, ...MORE

Cisco's big push into cloud

[SAN FRANCISCO] NETWORKING, and now increasingly, cloud and data centre vendor, Cisco, believes that a brutal consolidation is taking place in the IT industry and many of today's top companies will not be around 10 years from now. Speaking at the company's annual summit, CiscoLive 2104 last week, the company's chairman and CEO, John Chambers candidly admitted that even his company is under threat ...MORE

Manufacturing drives economy up 4.9%

[SINGAPORE] Singapore's manufacturing sector continued to power economic growth in Q1, building on earlier industrial strength first seen in the quarter before - a reflection of the strengthening recovery in the global economy. The government is also maintaining its 2014 gross domestic product (GDP) growth forecast at 2-4 per cent. The Republic's GDP grew 4.9 per cent year-on-year in the first ...MORE

Economy grew 4.9% in first quarter, boosted by factories

SINGAPORE'S factories powered the local economy to a better than expected start to the year as the outlook for the global economy grew more sanguine. The economy expanded 4.9 per cent in the first quarter over the same period last year, with manufacturing leading the charge as key markets bought more Singapore-made goods. For the full year, the Ministry of Trade and Industry (MTI) continues to ...MORE

Initiatives in place to groom talent in precision engineering

WHILE semiconductor chips, drill bits for deep-sea exploration and sports cars might not seem to have a whole lot in common, they do. They would have all, at some point, passed through the hands of a precision engineer. Through craftsmen and technologists, as well as mechanical, electrical and materials engineers, precision engineering forms the bedrock of Singapore's manufacturing sector. The ...MORE

Oracle taps growth of the cloud

THE cloud is allowing companies achieve lower costs, improve quality of service and customer satisfaction, and achieve a faster time to market with new capabilities. This is changing the way they do business. In Singapore, 66 per cent of companies surveyed for a global cloud study last year indicated that one of the key benefits of the cloud is lower TCO (total cost of ownership).In view of this, ...MORE

Tech firm DeClout plans 2016 IPO for unit

LOCAL tech firm DeClout plans to spin off one of its units in an initial public offering (IPO) by the end of 2016. DeClout will list newly acquired Procurri Corporation, which is involved in IT asset recovery and maintenance services. It plans to grow Procurri Corporation before the planned listing to "internationalise" its footprint, developing it as a global depot for IT hardware and parts. It ...MORE

Local firms urged to partner Taiwan peers

COMPANIES here are being urged to form partnerships with their counterparts in Taiwan when venturing into emerging markets. Speakers at a Singapore Business Federation (SBF) conference held yesterday said Singapore's connections to the rest of Asean and Taiwan's links to mainland China would benefit companies on both sides. The conference, attended by about 150 delegates from Singapore and ...MORE

SanDisk Connect Wireless Media Drive

Many people carry around two or more mobile devices. This SanDisk drive provides a convenient way to share files between them and with other users. It fits easily in my palm and is able to stream digital content wirelessly to multiple mobile devices. No Internet connection is required as the drive generates its own Wi-Fi connection. It is one of two such recent SanDisk devices - the other is the ...MORE

Study: Public cloud market to reach US$191b by 2020

A NEW study by Forrester Research shows that the public cloud market will reach US$191 billion by 2020, up from US$58 billion in 2013. Cloud applications will lead this growth and will total US$133 billion in 2020. Cloud platforms will generate US$44 billion and cloud business services will reach US$14 billion. Forrester's VP and principal analyst, James Staten, notes that the cloud market is ...MORE
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