Microsoft's net income fell 29% to€2.14 billion last quarter, with revenue declining 17% to €9.22 billion. It is Microsoft’s first ever full-year fall in sales.
Seacom, the first optical submarine cable to connect Sub-Sarahan Africa, has gone live. The €422 million privately-funded cable connects Kenya, South Africa, Uganda, Tanzania, Namibia, Mozambique and Djibouti. It has 1.2 Tbps in design capacity and is initially lit at 640Gbps with express fiber pairs from Kenya to France and Tanzania to India.
Alvarion has extended an existing OEM agreement with Nokia Siemens Networks, to include Alvarion's portfolio of mobile Wimax gear.
Samsung recorded a net profit of €1.26 billion (2.25 trillion won) for Q2, up 65.6% from the previous quarter. The recovery was bolstered by a resurgence in demand for premium consumer electronics and improved pricing for memory semiconductors and LCD panels.
Sony plans to invest over 100 billion yen €73 million in an LCD TV panel joint venture with traditional rival Sharp.