LyrArc Article Gist
Intel Corp's overreliance on the PC market which is declining. About three fourths of Intel Corp. revenue is from the PC market. Intel stuck to its strategy of selling at higher margins to PC manufacturers and only gradually made the shift to smartphones and tablets. Intel was late to see the challenge from lower cost suppliers of chips for mobile phones and videogames. The quality of chips from these suppliers has improved to the point where they supply most of the chips worldwide for mobile phones and tablets. The late move into mobile devices has hurt performance of Intel. Net income declined to $2 billion in the 2nd quarter 2013, a 29% decline from the previous year. Revenue was down to $12.8 billion in the 2nd quarter, a decline of 5% from the prior year. Intel's new strategy is to pursue the lower end of the PC and tablet market with new chips planned for Dec. 2013 on notebook computers at prices in $300 range, and tablets in the $150 range. The new Intel CEO Mr. Krzanich is focussing on costcutting and other improvements....

LyrArc Article Gist
Lenovo leads in a shrinking PC market as tablets become popular in 2013.

LyrArc Article Gist
VW chairman Hans Dieter Poetsch tells reporters in Wolfsburg, Germany, that a small group of engineers starting working on emissions cheating software as early as 2005 when they could not find technical solutions to U.S. nitrogen oxide emissions within their timeframe and budget. When a technical solution was later available, it was not used. Poetsch said; " We are not talking about a one-off mistake, but a whole chain of mistakes that was not interrupted at any point along the time line."

LyrArc Article Gist
Microsoft's new Surface Tablet with a keyboard to be introduced with Windows 8 in the second half of 2012.

LyrArc Article Gist
PC's sales and broadband connections havent taken off the way mobiles have in India. Its not clear whay. Its too early to tell , its possible the sales are just beginning to pick up and sales growth is already faster than China's on a smaller base. Rajesh Jain and Prof Jhunjhunwala at the IIT Chennai have come up with a device the netPC which uses a new computing concept which wil use dowloadable software over internet connections. It will cost 2000 rupees and a monthly fee of Rs 400. A monitor is Rs 3000 extra. This device will use wireline connections and is supported by MTNL a stateowned operator of fixed lines.

LyrArc Article Gist
Volkswagen sales for the VW brand decline by 5.3% in October 2015 over the prior year following the emissions scandal.

LyrArc Article Gist
PC shipments in China of 18.5 million units in the second quarter of 2011 exceed U.S. shipments of 17.7 million, according to research firm IDC. IDC estimates China's PC shipments in 2012 at 85.1 million units, and U.S. PC shipments at 76.6 million. Lenovo has grown rapidly in China and now has 12.2% of the global PC market. Lenovo has a larger market share in China than H-P or Dell.