SHENZHEN -- Nam Tai Electronics announced that a US class action lawsuit filed against the company and two of its executives by several shareholders has been voluntarily dismissed by the plaintiffs, with prejudice. No payment or consideration of any kind was made by any of the defendants in connection with the dismissal.
STAMFORD, CT -- Global shipments of devices (PCs, tablets, ultramobiles and mobile phones) are projected to reach 2.5 billion units in 2014, a 7.6% increase from 2013, according to Gartner. By operating system, Android is on pace to surpass one billion users across all devices in 2014. By 2017, over 75% of Android's volumes will come from emerging markets.
STAMFORD, CT -- Worldwide IT spending is expected to grow 3.1% to $3.8 trillion in 2014, up from 0.4% in 2013. Demand for devices and data center systems will grow 4.3% and 2.6% respectively, both well over 2013 spending, research firm Gartner said.