News
NEW DELHI -- Arun Kumar, 57, president and managing director of Flextronics Software Systems died Friday night of a cardiac arrest in San Diego, reports the Times of India.
According to available information, Kumar had gone to a hospital for a regular health check up, where the doctors detected irregular heart beats and recommended immediate surgery.
In India, he headed Hughes Software Systems, India, which was later acquired by Flextronics. He was awarded the Hughes Chairman's Honour Award of Excellence in May 2000, and that September he was nominated for the Ernst & Young Entrepreneur of the Year award.
Kumar is survived by his wife Amita, and his son Kunal.
"While we all remember Arun as a visionary leader and a professional, he was first and foremost an outstanding human being," said Ash Bhardwaj, CEO of Flextronics Software Systems. "Arun had an unyielding belief that people always come first. This philosophy impacted everyone who came into contact with him, both professionally and socially. We have lost an outstanding leader, a true friend and a genuinely decent man. All of us at FSS mourn Arun's passing and extend our deepest sympathies to his family."
According to available information, Kumar had gone to a hospital for a regular health check up, where the doctors detected irregular heart beats and recommended immediate surgery.
In India, he headed Hughes Software Systems, India, which was later acquired by Flextronics. He was awarded the Hughes Chairman's Honour Award of Excellence in May 2000, and that September he was nominated for the Ernst & Young Entrepreneur of the Year award.
Kumar is survived by his wife Amita, and his son Kunal.
"While we all remember Arun as a visionary leader and a professional, he was first and foremost an outstanding human being," said Ash Bhardwaj, CEO of Flextronics Software Systems. "Arun had an unyielding belief that people always come first. This philosophy impacted everyone who came into contact with him, both professionally and socially. We have lost an outstanding leader, a true friend and a genuinely decent man. All of us at FSS mourn Arun's passing and extend our deepest sympathies to his family."
Framingham, MA -- According to a recent report from Manufacturing Insights, the APEJ (Asia Pacific excluding Japan) manufacturing industry has been recovering and gaining momentum after the initial turnaround observed in 2004. APEJ manufacturing IT spending was valued at $15 billion in 2005 and is expected to reach $22 billion in 2010, a CAGR of 7.7%.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
"2005 has been a year plagued with external environmental uncertainties globally and notably in the Asian region, with high-profile events such as the repeated terrorists bombing in Bali; the Asian tsunamis and numerous other natural disasters across the region; the bird flu; rising oil price and ongoing geo-political tensions. Despite the above factors, the Asian region as a whole has continued its recovery and stabilization from the economic crises, which began in the late 1990s," says Tan Mang Teck, research director, Asia/Pacific manufacturing research. "The APEJ region will continue to be a fast growing regional economic block, powered by the emerging economic engines of China and India."
Sunnyvale, CA -- Palm admitted last week that it has stopped shipping its Treo 650 phone to Europe because the devices do not comply with the EU’s RoHS restrictions that fell into place on July 1. This was the only Palm smart phone available in Europe.
The company decided nine months ago that it would not update the product to meet the regulations, according to an IDC report published in Macworld.
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