Webwire: Italy 4G bidding strong; Hon Hai Q3 profit falls 23%

Staff writer
31 Aug 2011
00:00
News
Daily News

Initial bids boost Italian 4G sale

Italy’s 4G license auction is tipped to generate €3.1 billion after Telecom Italia, Vodafone, Wind and 3 Italia offered initial bids totalling €2.3 billion - just €100 million shy of original estimates for the auction’s entire value.

Reuters

Hon Hai Q2 profit falls 23%

Foxconn parent Hon Hai has blamed higher taxes for a 23% slump in the manufacturing giant's Q2 profit to NT$12.98 billion ($447.4 million).

Wall Street Journal

HP to make more TouchPads to fulfil demand

HP will do another production run of its TouchPad tablet, citing the “stunning” demand at its fire-sale price point, and may resurrect the device if it proceeds with spinning off its PC division.

Associated Press

Reuters

Researchers find key to faster optical cables

Researchers have made a light transmission breakthrough that could pave the way for the development of high-speed internet cables tens or even hundreds of times faster than the fastest available today.

The Engineer

PT Telkom deploying thousands of Wi-Fi hotspots

Indonesia's PT Telkom plans to install thousands of Wi-Fi hotspots across the nation, though subsidiaries Telkomsel, Speedy and Flexi.

Jakarta Globe

Dolphin mobile browser launches on iPhone

The developers of the popular Dolphin browser for Android have launched an iPhone version, using the native Safari renderer.

TechCrunch

Pirate Bay founders launch new site

The founders of file sharing website The Pirate Bay have launched a one-click file hosting service, Bayfiles, which they claim will respect copyright.

BBC News

LightSquared to testify to US science panel

US 4G startup LightSquared has been called up to testify before the US House Science, Space and Technology Committee about the potential interference impacts of its planned LTE network on federal science activities.

Bloomberg

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