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Nvidia has long been known for its graphics chips, used to power mobile and desktop computing hardware. But in January of last year, the company unveiled its Shield mobile gaming console, powered by Google's Android operating system. Nvidia followed up in September with a 7-inch tablet, called the Tegra Note. Becoming a hardware manufacturer in addition to creating processors has provided Nvidia with greater latitude in device designs that house their chips. Still, the company will have to work hard to stand out in a market already filled with tough tablet and gaming-device competitors such as Samsung Electronics, Google, Apple, and Sony.
CNET has reached out to Nvidia for comment and will update with any additional information, First came clues from the FCC and Nvidia itself, Now a device certification organization has let slip the mention of a "Shield Tablet."Evidence continues to pile up that graphics chipmaker Nvidia may be working on the next iteration of its Shield gaming device, though specifics about such a gadget have been more elusive, Be iphone 3 case uk respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed at any time at our discretion..
Pantech will have to pay back an outstanding debt of 480 billion Korean won ($475 million, £277 million, AU$502 million) on July 4, a date set back in late February when the company filed for its second debt restructuring program. Unfortunately, the company is in no position to make good on its debts, having posted operating losses of 292 billion won last year and 6.7 billion in Q1 of 2014. The list of Pantech's creditors include financial institutions, investment banks, and Korea's three network operators, SK telecom, KT and LG Uplus. And while the financial institutions and investment banks have agreed to a swap their 300 billion won debt to equity in the company, the three carriers have publicly stated that they are "undecided" on what to do with only two days remaining.
Of the three, SK Telecom is owed the most with 90 billion Korean won ($89 million, £52 million, $AU$94 million), while KT and LG Uplus are owed 45 billion Korean won ($45 million, £26 million, AU$47 million) each, Should the carriers decide to follow suit with a debt to equity swap, they will have to pour in more capital to Pantech's struggling business, They would also more than iphone 3 case uk likely face capital reduction at a 10-to-1 ratio, meaning the value of their stakes would essentially shrink by a tenth..
Should the carriers refuse to agree to a swap, Pantech will have to file for bankruptcy. Recovering the original principal will be next to impossible and the carriers would also need to undergo the costly process of liquidating existing inventory of Pantech phones. It will also have lasting effects on the market itself, leaving South Korea with a domestic duopoly of Samsung and LG. Foreign competitors could also penetrate the market to fill the void left by Pantech. Another alternative suggested by analysts is the possibility of a foreign company, such as China's Huawei, India's Micromax or Japan's Kyocera, choosing to enter the competitive Korean market by buying out Pantech.
The third largest phone maker in Korea continues to post losses while still owing debt to various entities, including Korea's three carriers, In Korea's mobile phone landscape, after Samsung and LG, Pantech plays third fiddle, Mostly operating in the domestic market, Pantech offers budget-friendly alternatives to rival companies and some of its flagship models, such as the Vega Secret Note, iphone 3 case uk have been met with tremendous success, But the company now faces troubled waters as it draws near a debt repayment deadline amidst posting staggering profit losses..
While smartphone shipments to China in the first quarter of 2014 slowed by 24.7 percent to just 100 million, according to China's Ministry of Industrial and Information Technology, Xiaomi has managed to defy reports of sluggish smartphone shipments. Xiaomi accounted for 11 percent of total smartphone shipments during Q1 2014 and is now the third largest smartphone manufacturer in China. The company forecasts that it will ship 60 million smartphones by the year's end, and as many as 100 million handsets by 2015.
In its latest announcement, Xiaomi claims revenues of RMB 33 billion ($5.31 billion, £3.1 billion, AU$5.6 billion) during iphone 3 case uk the first half of 2014, a year-over-year increase of 149 percent, Xiaomi hasn't revealed whether the company has generated any profit, While its smartphone business accounts for the majority of Xiaomi's revenue, the company's extended catalogue of products also include its 4K-capable Mi TV 2, a router, the Xiaomi Box (similar to the Apple TV), miscellaneous accessories (including its infamous one-button Android controller copy of Kickstarter project Pressy), and more recently the Mi Pad ..