THE BUSINESS OF TECHNOLOGY
Last Monday, Wichita-based Koch Industries acquired Molex, the 75-year-old connector company and Apple parts supplier. Both companies look to close the deal by the end of this year, which depends on both regulatory and shareholder approval, according to a Molex FAQ on the deal. Privately-held Koch picked Molex up at a premium, dishing out $7.2 … [Read more...]
The Red Herring team would like to congratulate its 2013 Top 100 Asia winners. Accolades were bestowed on the evening of September 5 based on qualitative and quantitative criteria involving financial performance, execution strategies and IP creation. In the pursuit of success, all Top 100 companies excelled in disrupting their industries and … [Read more...]
India has surpassed Japan in the smartphone market, becoming for the first time the third largest in the world behind the US and China, a new report from Strategy Analytics points out. The first quarter of 2013 alone saw India’s smartphone adoption grow an impressive 163 percent, four times faster than the global average of 39 percent. India also … [Read more...]
The Red Herring team selected the 2013 Top 100 North America. Selected from a pool of hundreds of submissions from across the region, this exceptional group is highlights the most innovative, disruptive and fastes growing companies. The Top 100 were selected on both quantitative and qualitative criteria, such as financial performance, innovation, … [Read more...]
China is poised to become the world's leader in smartphone shipments in 2012, according to recent research from IDC. With its sheer size, China nudged the US out of the lead by a hair, but is expected to continue to widen the gap as more of the developing country's users sign on to the smartphone revolution. The research firm predicted China … [Read more...]
China Mobile has surpassed 15 million iPhone users, despite not being able to sell the device legally or have a system that actually supports the extent of the phone's capabilities. The company has seen 5 million new iPhone activations since October, despite lacking an actual Apple partnership to sell the phones in China. Remember, there was a … [Read more...]