| China BAK shares jump on HP announcement
Shares of China BAK Battery Inc. jumped sharply in afternoon trading Tuesday after the maker of laptop and electronic device batteries said it is working on a deal with tech giant Hewlett-Packard Co. China BAK said late Monday it signed a nonbinding letter of intent with HP that may lead to a supply agreement. The companies agreed to work toward a deal in which China BAK would supply HP with lithium ion battery cells for its notebook computers. "We are encouraged by this announcement and believe it removes substantial uncertainty regarding the company's growth outlook," wrote Roth Capital Partners analyst Mark Tobin in a note to investors. He kept a "Hold" rating on China BAK and raised his target price to $5 from $3.50. The analyst expects the contract will be finalized in the first quarter of 2008.
Thursday | 16 August, 2007
Hot demand and a massive battery recall are causing shortages of key components for the notebook computer industry, analysts and companies say. The worst case scenario for users is the likelihood of fewer deals for new notebook computers over the next five months because PC manufacturers are paying a premium for components and have to pass those higher costs down the PC supply chain. Users are also likely to see fewer discounts and other promotions, such as extra DRAM or a bigger hard disk drive (HDD). What normally happens during a component shortage is that PC vendors will adjust the makeup of the notebook PC to find savings elsewhere and ensure a constant price for users. For example, using less DRAM (dynamic-RAM) memory in a laptop can reduce the cost a tad, to make up for a higher priced laptop battery.
Intel Ships First-Ever Extreme Edition Mobile Processor; Adds New Desktop Chip
Intel today introduced its first Core2 Extreme mobile dual-core processor -- the world's highest-performing mobile processor -- adopting the brand from the company's flagship desktop offerings. The company also introduced new desktop processors and said it expects to announce battery-friendly quad-core processors for laptop computers next year. .
Media PC Cards enable playback of HD video on PC.
By lowering CPU utilization and integrating with Microsoft Windows Vista(TM) and Windows XP environments, Media PC Cards enable mainstream PCs with integrated graphics to play back high definition content from Blu-ray Disc(TM) or HD DVD, as well as from HD downloaded or broadcast content. Three add-in card formats include BCM970012NB for PCI Express mini-cards, BCM970012PQ for PCI Express desktops, and BCM970012IC for ExpressCard 34.
Related categories: Computer Hardware & Peripherals .
ZPower's Marked Growth Attracts Tier One Customers and Top Industry Talent
ZPower, Inc., a leading global provider of silver-zinc, rechargeable battery technology, recently added several key personnel and captured the interest of high-profile manufacturers. The company's award-winning, rechargeable silver-zinc battery technology recently attracted the attention of several tier one electronics manufacturers. These companies are working with ZPower to incorporate its batteries in their future products, beginning in 2008. .
$150 Linux Laptop for the Masses
Xemu writes "Inspired by Negroponte's laptop for children, the Swedish company Medison is now taking orders for their US$150 Linux laptop, the Medison Celebrity. The laptop is a 1.5 GHz Celeron M 370 with 14 inch screen, wireless network and it comes with Fedora Red Hat pre-installed." Update 2035 GMT by SM: As many readers have pointed out, the more you dig into the details of this company the more fishy it starts to seem. I would suggest any potential buyers be wary on this one. .
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