LG Electronics wins but phone trouble

LG Electronics, the consumer products giant said yesterday that net income fell 99 percent to 7,57billion ($ 6.7 million) in the third quarter, when he had a record operating losses due to deficiencies in their business mobile. Sales fell 2.1 percent to 13.43 trillion.

The mobile phone division was in trouble due to late entry into the smartphone LG, while earnings from its TV operations have been affected by increased competition.

LG is world No. 2 maker of television sets and No. 3 producer of mobile phones.

After the disappointing results of the second quarter, LG had pulled the plug Yong Nam, CEO, who resigned Sept. 17 to take responsibility for poor business performance. He was replaced by Koo Bon-joon, who is the younger brother of Koo Bon-Moo, President of LG Group, in an effort to transform the company. Recently it has appointed new heads of television and mobile phone divisions. Analysts said LG has been slow to respond to growing global demand for smartphones.

The company reported an operating loss of 185 Billion compared with a profit of 851 Billion a year ago.
The operating loss in the mobile phone industry has reached a record 304 Billion, and margins fell from 10.2 percent a negative effect that increased spending LG developing and marketing costs support of its segment with mobile phone problems.

LG hopes its new smartphone model, Optimus One will reverse the downward trend in the coming months.

Nintendo sees Apple as a big problem more than Microsoft

The President of Nintendo America , Reggie Fils-Aime acknowledged the risk and your company to Microsoft or Sony as Apple sees a big problem. High quality and easy to play Apple's handheld devices with wireless capabilities provide low burst in the game they forced more than Nintendo's offering is too. Nintendo's first concern is the fear gradually turned into acceptance Reggie Fils-Aime.
Nintendo of America president said in an interview that Apple in the gaming industry a more near-term threat to Microsoft, but the iPod and iPhone games dismissed as accidental.

Brian Caulfield of Forbes Reggie Fils-Aime admitted that Nintendo sees Apple as a serious threat, but stressed that the iPhone and iPod mostly casual games that provide a welcome distraction is used to. "

"Fils-Aime said. Fils-Aime is fearless, but claims that Nintendo's next, games on the Nintendo DS may be more profound and" Forbes reported consumption., Nintendo for the 20 best-selling Fourteen of the current generation of sports gaming devices.

Apple seen as Nintendo's own risk, though. Fils-Aime says that Kyoto, Japan-based company is competing for people's time. For years, Nintendo has led the pack in the gaming industry, 20 million gaming devices in 2009, selling more than Microsoft and Sony combined. However, despite a relative newcomer to the gaming equipment industry, Apple's sales to compete with Nintendo. The most recent quarter alone, Apple sold 20 million IOS devices.

In September, Apple CEO Steve Jobs said the iPod touch "the number one portable game console in the world," saying "iPod touch outsells, Nintendo and Sony's portable players combined" Although these figures have been questioned.

Sumitomo Mitsui Intend to Take Over Ford's Mazda

Sumitomo Mitsui Financial Group Inc., intends to take over Ford's share in Mazda. The company will become the majority shareholder of Mazda Motor Corporation from late 2010.

The statement disclosed Masayuki Oku, Chairman of Sumitomo Mitsui Group, in Tokyo, as reported by the Mainichi Daily News, Monday (18/10).

Currently, Ford Motor Company is still holding 11 percent shares of Mazda Motor. While the right of ownership of shares in Mazda Motor Sumitomo Mitsui currently only about 2.9 percent.

As reported Nikkei.com, Saturday (16/10), FMC intends to sell most of its shares are now remaining in Mazda Motor to the Sumitomo Group and other companies that have business relationship with Mazda. Ford will reduce the amount of its stake in Mazda from 11 percent to 3 percent or less.

"But Ford said the report as speculative statement," call the Nikkei business daily on Friday (15/16) as quoted automotivenews.com, Saturday (16/10).

Ford's statement confirms the status of its shares in Mazda has not changed. "Ford's continued strategic partnership with Mazda and we cooperate in a mutually beneficial position. We have no further comment on speculative statement that, "said Mark Truby, a spokesman for the manufacturer from Michigan, United States, it is.

Ford became the largest shareholder of Mazda in 1979 by purchasing 25 percent stake this Japanese company. In 1996, Ford's ownership of shares increased to 33.4 percent of Mazda, and Ford also holds management control of Mazda.

Takeshi Miyao, Carnorama analyst at consulting firm with offices in Tokyo, said there were gaps in the alliance strategy of Ford Mazda. Currently holding 195 million Ford shares, Mazda or the equivalent of U.S. $ 515.6 million or around Rp 4.64 trillion (exchange rate of U.S. $ 1 = Rp 9,000). "Mazda ask Sumitomo Mitsui Banking Corp. Sumitomo Corp. and other companies in the Sumitomo group to buy the Ford stock, "writes the Nikkei.

"Ford wants to strengthen its business in developing countries such as China, Thailand to move its production base in Southeast Asia," said Miyao.

On the other hand, he continued, trying to re-strengthen Mazda's domestic production in Japan. Strategy that is the obstacle between the two manufacturers are.

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UFO sightings startling New Yorkers, 13 October 2010

New Yorkers, of course, a savvy bunch, which is why it is amazing that there is now a big chatter on Twitter about the alleged UFO sighting Emo city. Although they are not documented, has not stopped thousands of tweeters to postulate. This site claims to link all hooplah retired general predicted Emo NORAD UFO visit October 13, 2010.

Authorities say around 1:30 pm They received many calls from people who saw the object hovering about Chelsea.

A group of mysterious bright objects hovering above Manhattan's West Side off flooding and reports of wild to think that Emo was a UFO over the city on Wednesday.

Calls began to pour into the FAA and the police about 1:30 pm Although police said the objects appeared in the balloons, no one has not yet confirmed what they were.
Presumably the object, probably a kind of bubble, but officials do not confirm what it is.

BMW Recall about 350,000 Luxury Cars due to Brakes Problem

BMW announced it would recall about 350,000 luxury cars worldwide due to a problem with the brakes.

The German company said the recall was due to a defect with the braking power, but cars were not dangerous.

Remember influence the V8 and V12 cars in the BMW 5, 6 and 7 varies, and Rolls-Royce - BMW subsidiary - was built between July 2001 and November 2009.

The total number of 11 427 vehicles - including Rolls-Royce 905 - are in the UK, and 198 000 in the United States. BMW 348 000 Worldwide, influenza, and in 5800-Rolls Royces.

In the affected vehicles, leaks can develop in an electric braking system, causing loss of vacuum and a consequent reduction of power brake assistante; the company said in a statement. But the mechanical brakes are still available to slow and stop the vehicle, and there are no reports of casualties or damage.

BMW South Africa said on Friday that 3700 cars in South Africa should be affected by the company's worldwide recall.