FASTTAKES: STMicroelectronics, ZTE, Intel, Google, Zynga, Sony

Staff writer
27 Oct 2010

Europe’s biggest chip firm, STMicroelectronics, expects sales this quarter to top analysts’ estimates, Bloomberg reports.

ZTE will purchase $3b worth of chips over the next three years from US vendors Qualcomm, TI, FreescaleSemiconductor, Altera and Broadcom.

Intel has opened its first chip plant in China, a $2.5b wafer fab in Dalian, Reutersreports.

Google has announced $5m in grants for online journalism, including $2m to the John S. and James L. Knight Foundation, and $1m to the Knight News Challenge.

Zynga, the US developer of Farmville and other social networking games, is now valued at $5.51b – higher than the $5.22b market cap of gaming giant EA.

After 31 years, Sony will no longer make the cassette Walkman, the iconic player that paved the way for the iPod and other personal music devices.

Australian ISP Internode has reduced the prices for some of its ADSL data plans - but only in areas where Telstra is not the sole DSLAM provider.

Telstra has launched an A$299 ($294) tablet, the Telstra T-Touch Tab, which is powered by Android 2.1 and has been produced by Huawei.

Taiwanese vendor ASUS has stopped developing co-branded mobile phones with Garmin, but will still use the GPS specialist's navigation and LBS applications in some of its phones.

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