There are few greater indignities for a tech company than to be sought out by investors chasing dividend yield. The industry was founded on growth: yield is for old-economy investors who can’t stomach the risk of investing in the next big growth markets.
So spare a thought for the PC world, which in remarkably short order has become the tech world’s high-yield haven. After years of talk about a post-PC future, the alarms are now sounding loudly: rather than growth, accelerating decline is assumed in Wall Street’s forecasts. Read more >>
Samsung has been at the International Consumer Electronics Show in force this week, but despite its massive booth, 64th-floor parties and flashy press conference, perhaps its most interesting event happened on the sidelines.
Two dozen reporters crammed in to a small meeting room on Tuesday afternoon to quiz a panel of Samsung’s top designers from Seoul.
Their appearance at CES follows Samsung’s $1bn defeat in patent litigation against Apple last summer, where a jury found nearly all of the accused Samsung smartphones to have infringed Apple’s iPhone designs.
This was never addressed directly; instead, the event was focused on Samsung’s new “design identity 3.0”, which aims to “make it meaningful” – and on driving home the Korean giant’s designer credentials. Read more >>