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Rim's cuts at PlayBook factory point to huge inventory backlogThe Guardian - 21 Sep, 2011BlackBerry maker Research in Motion (RIM) may have an unsold stockpile of nearly 800000 PlayBook tablets â" more than it shipped to wholesalers and retailers in its first six months â" made for it by Quanta Computer, the world's largest PC contract maker ... |
RIM will struggle to restore credibility: analystIBNLive.com - 21 Sep, 2011Toronto: BlackBerry maker Research In Motion must launch innovative devices on schedule and offer credible earnings forecasts to win back the trust of investors made wary by its missteps, an analyst said on Tuesday. In a note to clients, ... |
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Quanta employee numbers down as orders fallTimes of India - 21 Sep, 2011TAIPEI: Quanta Computer Inc, the world's largest PC contract maker, said that employees at its Taiwan production line number less than 2000, down from about 3000 in the first half, following a decline in client orders. Quanta spokesman Elton Yang said ... |
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Quanta Computer Keeps 3Q, 2011 Guidance After Staff Cut In TaiwanWall Street Journal - Lorraine Luk - 21 Sep, 2011TAIPEI (Dow Jones)--Quanta Computer Inc. (2382.TW) said Wednesday it maintains its guidance for operations in the third quarter and full year after announcing earlier that it will downsize its workforce in Taiwan for a "specific ... |
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Quanta Computer Keeps 3Q, 2011 Guidance After Staff Cut In TaiwanFox Business - Lorraine Luk - 21 Sep, 2011TAIPEI -(Dow Jones)- Quanta Computer Inc. (2382.TW) said Wednesday it maintains its guidance for operations in the third quarter and full year after downsizing its workforce in Taiwan. The adjustment in workforce will have limited ... |
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Taiwan-based high-tech corporation Quanta cuts down thousand workerseTaiwan News - 21 Sep, 2011Shares of Quanta Computer Inc., the world's largest notebook computer ODM service provider, took a beating in Wednesday morning trading after the company announced an early buyout plan at its plants located in Taoyuan, dealers said. ... |
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Quanta says Taiwan staff down as client orders fallReuters - Clare Jim, Chris Lewis - 21 Sep, 2011TAIPEI (Reuters) - Quanta Computer Inc, the world's largest PC contract maker, said on Wednesday that employees at its Taiwan production line number less than 2000, down from about 3000 in the first half, following a decline in client ... |
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Quanta To Trim Workforce At RIM Tablets Production Line - SourceFox Business - Lorraine Luk - 21 Sep, 2011TAIPEI -(Dow Jones)- Quanta Computer Inc. (2382.TW) will downsize its production line for Research In Motion Ltd.'s (RIMM) PlayBook tablet personal computers as a result of declining orders, a person familiar with the situation said ... |
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Quanta to lay off 2000 on 'preferential terms'AsiaOne - 21 Sep, 2011TAIWAN - Quanta Computer Inc., one of the largest notebook computer ODM companies in the world, has formally announced a plan to lay off around 2000 employees at its Taoyuan plants due to the conclusion of a contract manufacturing project for an ... |
Taiwan stocks edge up; Quanta falls on output cut reportReuters - 21 Sep, 2011TAIPEI, Sept 21 (Reuters) - Taiwan stocks opened 0.3 percent higher on Wednesday, led by the electronics and transport sectors, though Quanta Computer tumbled after media reports it had cut output due to poor sales of RIM's PlayBook tablet. ... |
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Quanta Trims Workforce As Business Shrinks - ReportFox Business - 21 Sep, 2011By Taipei Bureau TAIPEI -(Dow Jones)- Taiwanese contract notebook maker Quanta Computer Inc. (2382.TW) has trimmed its workforce at a production facility in Taoyuan due to a decline in its business, the Taipei Times reported Wednesday citing an unnamed ... |
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RIM: Plunge In US Among Long-Term Issues, Says CitiBarron's (blog) - Tiernan Ray - 21 Sep, 2011A number of analysts have been poring over Research in Motion's (RIMM) 6-K filing, released yesterday, trying to tease out insights about the disappointing fiscal Q2 results it reported last week. Morgan Keegan's Tavis McCourt raised ... |
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Why Rim won't kill the PlayBook - and Nokia is its new biggest dangerThe Guardian (blog) - 21 Sep, 2011The BlackBerry-maker's tablet has not been a huge seller, but it can't dump it yet because it's preparing a shift to a new platform. That puts it on a collision course with Nokia in the next nine months BlackBerry PlayBook: it's going to hold back ... |
BlackBerry developers get subscription toolsZDNet UK - Ben Woods - 21 Sep, 2011BlackBerry has updated its Payment Service software development kit to allow developers to create apps that use subscription payment services. The new tools â" BlackBerry Payment Service SDK 1.5 â" will ... |
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Quanta offers early retirement packageTaipei Times - Jason Tan - 21 Sep, 2011ORDER CUT:A Quanta official said the company had to cut its workforce as one of its projects is nearing an end. Local media said the client was Research in Motion By Jason Tan / Staff Reporter Quanta Computer Inc (滣é"é»è Š), the world's largest ... |
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Research in Motion: Not Yet on Many 'Best Ideas' ListsWall Street Journal (blog) - Mark Gongloff - 21 Sep, 2011While Apple is getting added to âBest Ideasâ lists despite its all-time high, competitor Research in Motion is still stuck on many ânot the best ideasâ lists. RBC Capital Markets analysts, for example, today cut their price target for ... |
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RIM: RBC Cuts Target To $29; Innovation, Execution CriticalBarron's (blog) - Tiernan Ray - 21 Sep, 2011RBC Capital's Mike Abramsky this morning reiterates a Sector Perform rating on shares of Research in Motion (RIMM), and cut his price target to $29 from $35, while arguing that the stock won't move until the company tackles four âkey ... |
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Barriers to a RIM turnaroundFinancial Post - Sep 20, 2011RIM Co-CEO Jim Balsillie at the company's annual meeting in July. Better governance is one of four key issues RBC Capital Markets' Mike Abramsky flagged for change if the company hopes to turn its fortunes around. Stale products, clumsy marketing and ... |
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Commentary: One thing RIM does have is the BlackBerry trademarkMarketWatch - John C. Dvorak - Sep 19, 2011BERKELEY, Calif. (MarketWatch) â" I've been reluctant to write a column declaring that it's over for Research In Motion Ltd. and its BlackBerry, but with this week's numbers and forecasts I cannot see the company making another ... |
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RIM Fourth Quarter $1.82-a-Share Doubts Over Tablet Mount: TechSan Francisco Chronicle - Sep 19, 2011Sept. 19 (Bloomberg) -- Research In Motion Ltd., which disappointed investors last week for the third quarter in a row, will probably fall short of full-year forecasts too amid intensifying competition from Apple Inc. and Google Inc. RIM said it will ... |
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RIM's full-year forecast now in doubtFinancial Post (blog) - Hugo Miller, Sarah Frier - Sep 19, 2011BlackBerrys displayed at a release party to promote the BlackBerry OS 7 devices in Toronto on Aug. 3 By Hugo Miller and Sarah Frier Research In Motion Ltd., which disappointed investors last week for the third quarter in a row, will probably fall short ... |
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RIM has some breathing room, believe it or notGlobe and Mail - tim kiladze - Sep 19, 2011After plummeting 20 per cent on Friday, Research in Motion Ltd.'s RIM-T shares have found some solid ground. While that footing is only temporary, it's certainly a good thing for the company, because panic can be blinding. ... |
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RIM Slows Down BlackBerry PlayBook ProductionGeeky gadgets - Roland Hutchinson - 21 Sep, 2011We recently heard that RIM had decided to drop he price of their BlackBerry PlayBook tablet, due to the lack of demand for the device, after RIM announced they only sold 200000 PlayBook tablets in the last quarter. Now it would appear that RIM has ... |
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DigiTimes: RIM Slashes PlayBook Production After Pitiful SalesBusiness Insider - 21 Sep, 2011Last quarter, RIM reported that it only shipped 200000 PlayBooks. It reported 500000 PlayBooks shipped the quarter before that. RIM's early expectations were to ship up to 5 million PlayBooks in 2011. It's pretty clear by now that will not happen. ... |
RIM reportedly slows PlayBook productionBGR - Zach Epstein - 21 Sep, 2011Research In Motion is reportedly slowing production of the BlackBerry PlayBook tablet following its second-quarter earnings report, during which the vendor stated that only 200000 PlayBooks were sold into sales channels in the quarter. ... |
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RIM's PlayBook Seen as Longshot to Succeed (RIMM)Financial News Network Online - Adrienne Chilton - 21 Sep, 2011The QNX operating system featured in the BlackBerry (NASDAQ:RIMM) PlayBook tablet has been tied to the company's dismal market performance and is now seen as a longshot to succeed in what is becoming a fierce market climate created by the competitive ... |
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Taiwan's Quanta to cut 1000 workersPhysOrg.com - 21 Sep, 2011Taiwan's Quanta Computer, a leading notebook computer maker, said Wednesday it will lay off 1000 workers at a local factory that was reopened just months ago due to poor sales of non-iPad tablets. Workers at the company's plant in Linkou, ... |
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Rumor: Quanta Downsizes PlayBook Production Lines in TaiwanBerryReview - Ronen Halevy - 21 Sep, 2011I am not sure what to make of this thought I did hear rumors about PlayBook production since last week. Digitimes is reporting that Quanta Computer, which produces the BlackBerry PlayBook in Taiwan, has cut down on ... |
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RIM, BlackBerry Sales Plunging in USInternational Business Times - 21 Sep, 2011By IBTimes Staff Reporter | September 21, 2011 7:26 AM EDT In a filing, RIM notes that the company has a 50 percent year-over-year decline in US revenue, largely because consumers are moving away from the BlackBerry to Apple's iPhone and Android-based ... |
BlackBerry PlayBook to learn from Amazon Kindle Tablet and HP TouchPadFoneHome.co.uk - 21 Sep, 2011By Jon on September 21st, 2011 RIM's answer to the iPad 2, the BlackBerry PlayBook, hasn't been selling too well. This has reportedly prompted the company to 'do an HP TouchPad' and slash prices, but is this likely to provide the necessary kickstart? ... |
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