Showing posts with label asia. Show all posts
Showing posts with label asia. Show all posts

Wednesday, July 31, 2013

US factory means buyers can customize Google phone

NEW YORK (AP) ? With its first smartphone designed completely in-house, Google is demonstrating one of the benefits of moving production from Asia to the U.S.: It's letting buyers customize phones to give them their own style.

Workers at the factory in Forth Worth, Texas, assemble the custom phone and Google ships it to the buyer's door within five days.

The Moto X is going on sale in about a month at all four national wireless carriers ? Verizon, AT&T, Sprint and T-Mobile ? starting at $200.

Initially, only AT&T will offer the customization option, but Google said it hopes to make it available across all carriers soon. The company will offer 18 different back covers ranging in color from "spearmint" to "cabernet," a choice of black or white fronts and seven different metallic accents for details like the volume button. That makes for 252 possible style variations of the phone.

In the fall, Google plans to offer four variants of wood for the back cover.

The Moto X is the first smartphone to be assembled in the U.S. Even though the concept of the smartphone was pioneered here and many phones have been designed in the U.S., the vast majority of phones are assembled in Asia.

With labor costs rising in China, some electronics manufacturers are looking to move manufacturing back to the U.S. Apple is moving production of its Mac Pro desktop computers to the U.S. this year.

The Fort Worth factory will let Google stamp the phone as "Made in the U.S.," but assembly is just the last step in the manufacturing process, and accounts for relatively little of the cost of a smartphone. The cost largely lies in the chips, battery and display, most of which come from Asian factories. For instance, research firm iSuppli estimates that the components of Samsung's latest flagship phone, the Galaxy S4, cost $229, while the assembly costs $8.

Google sees other value in a U.S. factory.

"Over time, by having the engineers closer to the factory floor, we'll be able to innovate faster and develop products that actually are quite interesting down the road," said Dennis Woodside, head of Google's Motorola division.

The factory is owned and run by Flextronics International Ltd., a Singapore-based contract electronics manufacturer. It's set to employ 2,000 people.

Google bought cellphone pioneer Motorola Mobility for $12.4 billion last year. While it launched some phones last year after the acquisition, those were designed while Motorola was still independent. The Moto X is the first phone that "gives you some indication of how Google is thinking of hardware," Woodside said in an interview.

The phone looks much like other smartphones, with a 4.7-inch touch screen. It comes with a no-frills implementation of Google's Android operating system, a contrast to recent phones from Samsung and HTC, which put their own stamp on the software with various add-ons.

The most unusual feature of the Moto X, apart from the customization option, is that it's always listening for its owner's voice. When it hears the phrase, "Ok, Google Now..." followed by a command like "call Bob," it will wake up from standby and execute the command ?provided it understands it. Most smartphones offer voice control, but it's usually activated by pressing a button.

Rick Osterloh, the head of product management at Motorola, said the Moto X has a special chip devoted to listening, which means it doesn't have the drain the battery by keeping the main processor running all the time. It should be able to pick up the owner's voice even in the noise of a car, he said.

Google is backing the launch with a big marketing campaign, including TV ads. The Moto X represents its best chance this year to make back some of the money it spent on buying Motorola, and the $1.7 billion the division has accumulated in operating losses since the acquisition.

Motorola has become marginalized in the global smartphone market, taking just 1 percent of recent sales, according to research firm IDC. Google has slashed Motorola's workforce to 4,600 people, down from 20,300 last year.

The acquisition was motivated mainly by Google's desire to own Motorola's patent portfolio, which provides it with ammunition to defend fellow makers of Android phones from Apple's and Microsoft's patent claims. Motorola's patents haven't proved very useful so far, and the division puts Google in the uncomfortable position of competing with other companies that make Android phones.

Analysts see another value in Motorola: it gives Google a toehold in smartphones, acting as insurance against the possibility that Samsung, the dominant maker of Android phones, could jump ship to another operating system or create its own version of Android.

Source: http://www.seattlepi.com/news/texas/article/US-factory-means-buyers-can-customize-Google-phone-4701186.php

brandon weeden felicia day nfl 2012 draft miami dolphins buffalo bills st louis rams ryan tannehill

Monday, June 17, 2013

China nixes patent for Gilead HIV, hepatitis drug Viread

Gilead Chairman and CEO John Martin.

The patent protecting Gilead Sciences Inc.'s HIV and hepatitis B drug Viread has been revoked by China officials.

The move, explained BioWorld, gives China greater leverage in ongoing negotiations with drug companies around pricing. For Gilead, it is another strike against Viread, which also has had its patent protection reversed in India and Brazil.

"It is a fairly groundbreaking decision," China health analyst Robert McTiernan of IHS Healthcare told BioWorld. "The big trend is that (China wants) pharma companies to be more flexible on pricing. They will likely be able to use this decision to negotiate lower prices on more drugs."

Viread, which is Foster City-based Gilead's (NASDAQ: GILD) third best-selling drug, costs 1,470 yuan, or about $240, a hefty price for most Chinese.

Gilead is led by Chairman and CEO John Martin.

Taking away Viread's patent would open the door for its active ingredient, tenofovir, to be made generically at a time when international aid organizations are cutting grants to China for fighting the AIDS virus.

Aunisco, a major Chinese manufacturer of active pharmaceutical ingredients in China, had challenged Gilead's patent, BioWorld reported. It wants to sell the drug in China and export it to countries where it is not patented.

Viread registered first-half sales of $460.5 million, 57 percent of that coming from outside the United States. GlaxoSmithKline plc (NYSE: GSK) markets and sells Viread in Asia.

Ron Leuty covers biotech, higher education and China for the San Francisco Business Times.

Source: http://feedproxy.google.com/~r/bizj_national/~3/zcNnZmrh-yI/gilead-viread-china-hiv-aids-hepatitis-b.html

tori spelling marion barber marion barber syracuse ohio state girl with the dragon tattoo ohio state basketball

Wednesday, March 13, 2013

X Factor: 5 Stocks Reaching Their Ex-Dividend Date On March 19 ...

Many stocks will reach their ex-dividend date next Tuesday, which is significant for investors as the seller of the stock on that date, not the buyer, receives the most recent dividend.

A stock must be bought one day before the ex-dividend date to claim any dividends that have been announced but not yet paid. The company determines on the record date, which usually occurs two days after the ex-dividend date, which shareholders qualify for the dividend. Shareholders listed as holders of record after the record date then receive their dividend on the date of payment established by the company. Those purchasing right before the record date forfeit the dividend and normally get the stock for a reduced amount.

It may seem an anachronism in this era of high frequency trading, but the dividend rate rules are in force since it can still take up to three business days for transactions to be credited to and settled in an investor?s account.

Below are five stocks that schedule March 19 as their ex-dividend date. All annual yields are estimated.

Best Buy (NYSE:BBY) yields 3.39% annually and has a market cap of $6.79 billion. The consumer electronics retailer will pay a quarterly dividend of $0.17 on April 11, and its quarterly yield will be 0.85% based on yesterday?s closing price of $20.08. The company has paid a quarterly dividend since 2004.

Las Vegas Sands (NYSE:LVS) yields 2.65% annually and has a market cap of $43.51 billion. The operator of integrated resorts in Asia and the United States will pay a quarterly dividend of $0.35 on March 29, and its quarterly yield will be $0.66 based on yesterday?s closing price of $52.85. The company began paying a dividend last year. ?

Kinross Gold Corporation (NYSE:KGC) yields 2.06% annually and has a market cap of $8.85 billion. The gold miner will pay a semi-annual dividend of $0.08 on March 28. Its semi-annual yield will be 1.03% based on yesterday?s closing price of $7.76. The company has paid a semi-annual dividend since 2008, and each dividend payment has either increased or remained the same from the prior six months.

International Game Technology (NYSE:IGT) yields 1.86% annually and has a market cap of $4.56 billion. The global developer of casino games, gaming equipment, and systems for social gaming and wagering markets will pay a quarterly dividend of $0.08 on April 5, and its quarterly yield will be 0.46% based on yesterday?s closing price of $17.23. The company first paid a quarterly dividend from 1993 through the first quarter of 1999 and resumed paying a quarterly dividend in 2003.

Synovus Financial Corporation (NYSE:SNV) yields 1.42% annually and has a market cap of $2.21 billion. The provider of financial services in the US will pay a quarterly dividend of $0.01 on April 1, and the quarterly yield will be 0.36% based on yesterday?s closing price of $2.81. The company has paid a quarterly dividend since 1990.

These companies also have their ex-dividend date on March 19. All annual yields are estimated.

Apollo Investment Corporation (NASDAQ:AINV) yields 9.12% annually and will pay a quarterly dividend of $0.20 on April 4.

Main Street Capital Corporation (NYSE:MAIN) yields 5.30% annually and will pay a monthly dividend of $0.155 on April 15.

Solar Capital (NASDAQ:SLRC) yields 3.70% annually and will pay a quarterly dividend of $0.60 on April 2.

International Flavors & Fragrances (NYSE:IFF) yields 1.81% annually and will pay a quarterly dividend of $0.34 on April 4.

Total System Services (NYSE:TSS) yields 1.65% annually and will pay a quarterly dividend of $0.10 on April 1.

Purchase -- and have your broker settle -- before the ex-dividend date to secure the dividend.

Twitter: @ChrisWitrak

No positions in stocks mentioned.

Source: http://www.minyanville.com/trading-and-investing/stocks/articles/X-Factor253A-5-Stocks-Reaching-Their/3/12/2013/id/48668

9-11 Chris Brown Tattoo Innocence of Muslims Clara Schumann Jael Strauss Alison Pill gizmodo