Demand for PC Computers Continue To Decline in Second Quarter of 2015 http://247wallst.com/business/ Gartner Inc. released the statistics that show a decrease from 75.6 million PCs shipped in the second quarter of 2014 to 68.4 million in the second quarter of 2015. Despite the upcoming release of Windows 10, the company does not expect to see a boost in these declining numbers in the third and fourth quarters of 2015.
The upcoming release of Windows 10 on July 29 won’t do much to change this because with the requirements for Windows 10 not being much higher than Windows 7 or 8, owners will likely opt for a free upgrade rather than purchase new hardware, thus offering little help to the decline in PC shipments.
Gartner indicates that Lenovo maintains the largest share of the PC market, selling 13.5 million units during the second fiscal quarter, which is good for 20% of the market. With 5.1 million extra units sold over last year’s second quarter, Apple had the largest growth in PC shipments at 16%.
Meanwhile, microprocessor manufacturers like Micron and AMD have suffered the most due to the decline of PC shipments. Both companies predict lower sales numbers ahead, in addition to falling stock prices, with AMD stocks at their lowest value since November 2012. As PC shipments continue to decline, things may not get better for those companies anytime soon.
Tsinghua Unigroup offers to buy Micron Technology for $23 billion
State-backed Chinese private equity firm Tsinghua Unigroup Ltd offered to buy U.S. memory chipmaker Micron Technology Inc MU.O for $23 billion, The Wall Street Journal reported, citing people familiar with the matter.
Tsinghua offered $21 per share for Micron, which is at a 19.3 percent premium to the stock's close on Monday, the Journal said, citing a person familiar with the matter.
If it goes ahead, the deal would be the biggest Chinese takeover of a U.S. company.
Micron and Tsinghua Unigroup were not immediately available to comment on the report.
Micron makes both dynamic random access memory chips, used mostly in personal computers, and NAND memory chips for storing music, pictures and other data on smartphones, cameras and other mobile devices.
Acquiring Micron's cutting-edge memory manufacturing technology would be a major advance for China's modest but improving chip industry. The country has no major memory makers.
Large Outflow of Money Witnessed in Qihoo 360 Technology Co. Ltd. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) traded higher in the last at $43.79, gaining 1.58 points or 3.74%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.47) million. The composite uptick value of $2.29 million was eclipsed by the accrued downtick value of $3.76 million, thereby ensuring the up/down ratio of 0.61. For the week, the shares have posted returns of 0.74%.A block trade registered during the day has revealed $0 million in upticks and $1.34 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-1.34) million.
Qihoo 360 Technology Co. Ltd. is an Internet company. The Company is primarily engaged in the operations of Internet services in the People's Republic of China. The Company's core Internet and mobile security products include 360 Safe Guard, 360 Anti-virus and 360 Mobile Safe. The Company has developed various platform products to meet a range of security-related needs of Internet users and create access points to the Internet
Micron, Western Digital in buyout talks with SanDisk-Bloomberg
Shares of SanDisk - which makes flash-memory products for cloud computing, data centers, smartphones and laptops - rose 12 percent to $69.20 in extended trading on Tuesday. Micron was up 3 percent and Western Digital under 1 percent.
SanDisk, Western Digital and Micron were not immediately available for comment.
Micron and Western Digital seemed "perplexing" suitors for SanDisk, Wedbush Securities analyst Betsy van Hees said, adding that Micron already had a significant flash memory operation.
China's state-backed Tsinghua Unigroup Ltd, a technology conglomerate, has been pursuing Micron, according to media reports. It has offered $23 billion for Micron, but the plan has been clouded by U.S. security concerns.
Western Digital to Buy Memory Chip Maker SanDisk for $19 Billion Lam Research Corp.LRCX +6.48% is buying KLA-Tencor in an agreed deal valuing the Milpitas, Calif. semiconductor-equipment maker at $10.6 billion, a sign of how slowing growth and rising costs have led to frenetic consolidation in the chip sector.
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