News
BASEL, SWITZERLAND – Ciba Specialty Chemicals and VTT Technical Research Centre of Finland will collaborate on organic electronics research, the companies jointly announced. The two-year multidisciplinary project focuses on the development of novel materials and processes for printing organic electronics and aims to open up new application areas. Tekes will provide funding for the collaboration. Ciba will bring decades of materials knowledge to the research, while VTT makes roll-to-roll process developers for printed electronics.
SAN JOSE – Tessera Technologies announced it has signed a definitive agreement to acquire Eyesquad for $18 million in cash. Eyesquad develops and designs digital auto-focus and optical zoom products for camera phones and other products that integrate cameras. Under the terms of the agreement, Tessera will pay about $18 million in cash for all outstanding Eyesquad equity. The transaction is expected to close in the first quarter of 2007.
AMSTERDAM - Sony Ericsson will move some handset production to India, where it will be built by Flextronics and Foxconn, the company said today.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
The world's fourth largest handset maker said in a statement, "In addition to competitive pricing, these phones will offer customised features for the Indian market, such as local content and customized keypads."
The Indian cellphone market is expected to hit 10 million units by 2009. Sony Ericsson phones sold about 75 million units in 2006.
Sony Ericsson is a five-year-old JV between Sony Corp. and Ericsson.
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