Briefing: Tech Companies in the News for July 2 - mPhase Tech, Apple, Intel, STMicroelectronics, Boeing
CORAL SPRINGS, Florida, July 2, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues market news updates for today's active tech companies: mPhase Technologies, Inc. (OTCQB: XDSL), Apple, Inc. (NASDAQ: AAPL), Intel Corp. (NASDAQ: INTC), STMicroelectronics (NYSE: STM) and Boeing Company (NYSE: BA)
Headline News Alert: mPhase Technologies, Inc. (OTCQB: XDSL) issued news on July 2, 2013 the Frost & Sullivan report stating that mPhase Technologies has earned the 2013 North American Advanced Battery Technology Innovation Award on June 17, 2013. "mPhase Technologies' nanobattery, based on innovative nanotechnology, overcomes the relevant industrial challenges of conventional batteries and provides an efficient and cost-effective energy storage solution. mPhase Technologies' nanobattery also possesses longer shelf life. This solution's power on-command feature nicely provides energy any time the user needs it through a simple command for activation. Frost & Sullivan is therefore proud to present the 2013 Advanced Battery Technology Innovation Award to mPhase Technologies." A full copy of the Frost & Sullivan report can be found at http://mphasetech.com/Press_Release.html
Apple, Inc. (NASDAQ: AAPL) News: A market research firm recently predicted Apple will ship 300 million tablets before the end of the year, further building the anticipation for Quantum International Corp.'s release of its innovative new line of iPad cases into the $2.3 billion iPad accessories market. Respected market research firm Gartner predicts the tech business will continue to flourish through the second half of 2013, with tablet sales seeing a 67.9 percent increase from last year. There are likely many reasons for the increase, including the predicted release of the fifth generation iPad later this summer, consumers opting for the lighter, mobile tablet over bulky PCs, and the increased use of iPads by professionals such as pilots, contractors and medical personnel.
Intel Corp. (NASDAQ: INTC), the computer-chip giant, announced late last week it will enter a crowded field of companies offering alternatives to Comcast Corp. and traditional pay-TV services. This year, the Santa Clara, Calif., company plans to sell a set-top box that streams content from the Internet onto a TV. Intel's self-install set-top box will come with a bundle of live local TV, ad-supported cable channels, and premium cable. There will be no need for professional installers, an Intel spokesman said. The company will market the box and service under a new brand yet to be disclosed. It will be Intel's first direct-to-consumer product in many years.
STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is putting sophisticated audio design and evaluation capabilities within reach of all engineers using its SoundTerminal(TM) audio chips and digital MEMS microphones, by publishing a complete virtual audio laboratory that can be downloaded free of charge at http://www.st.com/apworkbench. The Audio Processor Workbench is the first and, so far, only solution on the market enabling comprehensive evaluation of a full audio and acoustic chain, from microphone to sound amplifier and output speaker. It goes well beyond typical GUI apps used for device configuration, and provides many features usually available only in high-end test gear.
US airframer Boeing (NYSE: BA) said it has delivered British Airways' first 787 Dreamliner. The British Airways 787 departed Paine Field in Everett, Wash., on Wednesday, June 26, arriving at London's Heathrow Airport TODAY at 12: 10 pm local time. The airplane was welcomed to its Heathrow home by Willie Walsh, chief executive officer of International Airlines Group, the company that owns British Airways. The carrier has announced that the airline will operate the 787 from Heathrow to Toronto from Sept. 1 and Heathrow to Newark from Oct. 1. British Airways' 787 Dreamliner carries 214 passengers and is configured with 35 seats in Club World, 25 in World Traveller Plus and 154 seats in the World Traveller cabin.
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