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Deirdre McArdle

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Consumer electronics fuel chip sales

Semiconductor sales will grow at an annual rate of 7.7 per cent until 2010, when they'll exceed $321bn, according to the latest industry figures. The Semiconductor Industry Association (SIA) says consumers' seemingly insatiable appetite for electronic products is driving this growth. Emerging consumer markets in Asia, South …
Deirdre McArdle, 16 Nov 2007
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Revenues and profits up at Norkom

Dublin-based Norkom has posted a 53 per cent jump in revenue thanks to strong sales in the US and Asian markets. The financial software developer saw its revenues jump to €17.6m for the six months ended 30 September, with EBITDA (earnings before interest, tax, depreciation and amortisation) increasing 50 per cent to €3.1m for …
Deirdre McArdle, 14 Nov 2007
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UPC Ireland grows broadband customers by 20%

UPC Ireland, the parent company of NTL Ireland and Chorus, has brought nearly 8,000 new broadband customers into its fold in the third quarter of 2006. The firm's broadband customer figures stood at 48,200 as of 30 September - a sequential jump of 20 per cent. The number of homes currently enabled for broadband rose 23,100 to …
Deirdre McArdle, 10 Nov 2006
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Smart loses battle with ComReg

Smart Telecom has lost its High Court battle with ComReg, with the court ruling that the troubled telecoms firm should not have been offered a 3G mobile licence. The ruling from Justice Peter Kelly states that the regulator was right to withdraw the offer of the 3G licence from Smart. The offer of the licence was withdrawn …
Deirdre McArdle, 01 Nov 2006
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PartyGaming buys Gamebookers

PartyGaming has acquired Gamebookers for €102m as it tries to reduce its dependency on the US market, where the future of the online gaming sector is unclear. The acquisition is the first major deal by incoming CEO Mitch Garber since he joined PartyGaming in April this year. Under the terms of the deal, PartyGaming will acquire …
Deirdre McArdle, 03 Aug 2006
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Half of ICT firms suffer security breach

Over 50 per cent of ICT firms reported a security breach in the last 12 months, according to a survey conducted by business advisory firm Deloitte. Of the reported security breaches, one-third resulted in significant financial losses for the affected firms. Among those companies whose security had been breached in the last 12 …
Deirdre McArdle, 10 Jul 2006
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Toshiba unveils world's first HD-DVD player

In the race to set a global industry standard for next-generation DVD players, Toshiba has launched its first high definition DVD player in Japan. The Japanese firm, which is locked in a battle with Sony to gain the upper hand in this new market, released its first high-definition DVD player on Friday with little fanfare. The …
Deirdre McArdle, 03 Apr 2006
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Real rhapsodises over the net

In a move designed to win a larger slice of the digital music market, Real Networks is to make its music library available to any user with a web browser. Previously Real Networks had required users to download a special software application in order to access its music, but now anyone will be able to browse its one million …
Deirdre McArdle, 06 Dec 2005
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Eircom to buy Meteor for €420m

Eircom's acquisition of mobile operator Meteor has set pulses racing in Ireland as the former monopoly re-enters the lucrative Irish mobile market. Eircom's successful €420m bid for Ireland's third mobile operator Meteor was officially announced at the company's AGM (annual general meeting) on yesterdy. The news was widely …
Deirdre McArdle, 26 Jul 2005
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Airline passengers love inflight SMS, hate voice calls

The ban on mobile phones on airplanes may soon be lifted, but most people are opposed to their use in-flight for voice calls. That's according to a worldwide survey by IDC which indicated that far from supporting a lifting of the ban by the Federal Communications Commission (FCC) in the US, a number of consumer groups claim the …
Deirdre McArdle, 21 Jun 2005
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Ireland's first internet-only bank opens

RaboDirect, a subsidiary of the Dutch online bank Rabobank, launched Ireland's first completely online bank yesterday. The Dutch banking giant, which entered the Irish market in 1994 through an office in the Irish Financial Services Centre (IFSC), made its mark on the Irish market when it bought ACC Bank in 2002. The bank will …
Deirdre McArdle, 04 May 2005
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Smart phones make inroads in business

Businesses around Europe are increasingly adopting mobile devices and seeing them as central to their IT strategy. That's according to the latest survey from research firm IDC, which indicates that mobile device penetration in companies in Western Europe will increase significantly during 2005. While the research firm points …
Deirdre McArdle, 21 Apr 2005
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Musicians 'unconcerned' about file sharing

A survey of artists and musicians in the US has revealed that a large majority have embraced the internet and consider it to be a helpful tool to their careers. The survey, conducted by The Pew Internet & American Life Project, shows that artists and musicians recognise the advantages of the internet and have used it to their …
Deirdre McArdle, 07 Dec 2004
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Vodafone Ireland puts price tag on 3G

Vodafone Ireland yesterday announced pricing and content details of its consumer 3G service which it will launch at the end of November. The mobile operator will be the first in Ireland to launch a range of 3G services and handsets which will be released later this week. In a release yesterday, it outlined not only the prices …
Deirdre McArdle, 23 Nov 2004
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Lucent posts full-year profits

Telecoms equipment maker Lucent has reported its first profitable year since 2000, the firm said yesterday. The US-based firm posted net income of $348m for the fourth quarter of its fiscal year, more than tripling its net income figure of $99m from the previous year. Earnings per share for the quarter ending in September were …
Deirdre McArdle, 21 Oct 2004