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Brussels funds Galileo

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The EU approves a EUR 2.4b plan to finance the troubled Galileo satellite navigation network, intended to rival U.S.-run GPS, by redeploying unspent money for farm subsidies and competitiveness projects. So far, only 1 out of 30 planned satellites has been launched.

  Galileo

Go Galileo

Dell signs DSGi

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DELL in DublinThe No.2 PC maker moves farther from its direct-to-consumer sales model with a new agreement to sell its PCs through DSGi's European network of store brands including Currys.digital, Currys, Electro World, Elkjop, PC City and PC World.

 

The DSGi-Dell agreement covers 1300 stores in 12 European markets: the Czech Republic, Denmark, Finland, Greece, Hungary, Ireland, Italy, Norway, Poland, Spain, Sweden and the U.K.

 

LatitudeBeginning this January, consumers will find a full portfolio of Dell products at DSGi's stores -- from high-end gaming systems, to notebooks and desktops.

 The announcement follows similar partnerships between Dell and Carrefour (France, Spain and Belgium) and M.Video (Russia), as well as Best Buy, Staples and Wal-Mart (USA).

 

 

Go DELL & DSGi

Technoslia doubles stores in Russia

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TechnosiliaWith an 8% share of the Russian market for electronics and home appliances, Technosila is the country's No.3 retailer (behind leader Eldorado and No.2 M.Video).

The company will double the number of stores by 2010 focusing on Russia's fast-growing regions, including the Russian Far East and cities with populations of more than 100,000.

The retailer currently operates 132 outlets, 25 in Moscow and suburbs, in addition to 43 franchise shops. Its Internet subsidiary was launched in 2005.

Technosila's turnover was $1.01b last year, which is 69% higher than its turnover in 2005. The company expects to grow sales by 38.8% this year up to $1.4b.

Go Technoslia

Toshiba Readies Solid-State Drives

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Toshiba solid stateToshiba will manufacture flash-based solid-state drives for laptops early next year, which the company says will offer faster boot times and lower power consumption than hard disk drives. The drives will initially come in three capacities: 32GB, 64GB and 128GB.  High prices for NAND flash memory have limited adoption of the drives so far, but Toshiba and other memory makers such as Samsung are expected to ramp up production, which should lower prices and spur wider use. Solid state drives are also said to be more durable than hard disks and make no noise. Go SolidState

Romanian PC Market

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The Romanian PC market continued to grow rapidly in the third quarter of 2007 in terms of both shipments and value. According to IDC, shipments soared by more than a third year-on-year to 193,541 units and the value of the market jumped up by almost a half to reach nearly $165m.

 Notebook shipments continued to rise steeply in 3Q 2007, by 92.0% compared to the same period last year. Desktop PCs grew almost 17.5% year-on-year in shipments.

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