Tag - Sumitomo
At its meeting on Monday, the entire board of directors at Olympus has resigned. As its last act, the the board named Hiroyuki Sasa, 56, as its next president. Former Sumitomo Mitsui Banking Corp. executive Yasuyuki Kimoto, 63, was also selected to be the new board chairman. The appointments will require shareholder approval at a special meeting scheduled for April 20.
Sumitomo Electric has developed a technology to make aluminum porous that could significantly improve lithium-ion batteries. The new porous aluminum, called "Aluminum-Celmet," could give these batteries one and one-half to three times greater capacity. It could alternately help to reduce the size by up to two-thirds without shrinking battery life.
Japan's Sumitomo Electric Industries has developed a molten-salt battery that is said to be 90 percent cheaper to build than lithium-ion batteries. While the concept isn't groundbreaking, the sodium in their prototype has a 57 degree Celsius melting point to keep the electrolyte in a liquid state, compared to over 300 degrees in existing batteries. What's more, the prototypes are said to offer twice the energy density of a modern lithium ion battery.
Sumitomo 3M has previewed an optical film capable of bringing naked-eye 3D to small- and medium-size LCD panels without requiring the viewer to wear special glasses, according to Tech-On. The technology, demonstrated at FPD International 2009, is claimed to retain spatial resolution and enables quick switching between 2D and 3D content.
Panasonic and chemical producer Sumitomo said (sign up required) on Friday that they have teamed up to accelerate the development of OLED displays. The move will give Panasonic, which is normally known for its LCDs and plasmas, the resources to create panels using the organic technology at sizes of 40 inches or larger by Panasonic's fiscal 2010, possibly outpacing its competition. The company wouldn't say whether it planned to make TVs based on the developments, but Samsung, Sony and others have typically only expected OLED TVs at or near 27 inches in 2009.
A weekend report reveals a Japanese newspaper and news agency are reporting electronics maker Panasonic may buy majority stake in Sanyo Electric before 2009. While the news is unofficial, Sanyo has made a statement saying it is considering options of selling its preferred stock shares but is yet to make a decision. Panasonic's press release, meanwhile, simply reads the company has not made such an announcement, but nothing was yet decided in regards to the rumored purchase, confirming the two companies are in talks.
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GoPro revenue drops, Karma drone delayed
Action camera maker GoPro announced its first quarter results on Thursday, and the news was largely bad. While unit sell-through of the cameras was close to the year-over-year compare, revenues dropped 49.5 percent from Q1 last year, though was slightly above the company's guidance. Overall, the company lost $107 million in GAAP net income, and margins declined to 32.5 percent from 45.1 percent in the year-ago quarter. The company further announced that it would be delaying its planned Karma drone product until this winter, which will likely further impact next quarter's results. The upside of the delay, said GoPro Founder and CEO Nicholas Woodman, is that the Karma will now benefit from debuting just before the holiday buying season. http://bit.ly/1OgpdgD
Netflix iOS app now offers cell-data controls
In a new update to its iOS app on Thursday, subscription entertainment service Netflix has introduced new user controls for streaming over cellular networks to prevent overages, throttling, or other usage issues caused by the high data rate of streamed HD video. Users can choose from a given amount of streaming video that "costs" 1GB of cellular data, which lowers video quality to allow as much as four hours of video per GB (the "automatic" setting provides three hours, while higher quality settings reduce the time to two hours, or one hour at the best setting). In addition, the updated app now offers more 3D Touch options from the app icon, beyond the "peek and pop" previews for video. http://apple.co/24AD1vR
Bentley launches app for Apple Watch
Carmaker Bentley now offers an Apple Watch app for its Bentayga SUV -- a vehicle with a starting price of $229,000 -- that offers some advanced automotive functions not previously seen in other car apps for Apple's wearable. The app allows Watch wearers to control various seat adjustments, environmental controls (including seat massage), and the entertainment system. In addition, various vehicle stats are available at a glance, including distance traveled and vehicle speed. The app is available free on the App Store. http://apple.co/24AyXvs
Lunch with Cook auction nets $515K
The Charitybuzz auction that offered lunch with Apple CEO Tim Cook at Apple HQ and a pair of passes to a future Apple event (winner's pick) has ended with a high bid of $515,000, the highest amount the annual auction has fetched since 2013. Proceeds of the auction will benefit Cook's preferred charity, the Robert F. Kennedy Human Rights organization, where Cook was recently named to the board of directors. The winner, who was unnamed, will be responsible for their own transportation and accommodation, and Cook has up to a year to schedule the meeting -- making it possible that the winner will be among the first to dine with Cook in the new Campus 2 cafeteria, which is set to open along with the rest of the new facility early next year. http://bit.ly/236Wf9N
Free Windows 10 upgrade program ends July 29
Ending speculation, Microsoft has officially announced that it will end free Windows 10 upgrades on July 29, the one-year anniversary of the rollout of the OS. Following the 29th, Microsoft's ubiquitous OS will retail for $119 and up. http://bit.ly/1O0a7kA
US tech giants to candidates: support TPP
Tech giants including Apple, Facebook, Amazon and Uber are among thirteen major US corporations who have written an open letter to Donald Trump and Hillary Clinton urging them to support the Trans-Pacific Partnership (TPP) deal, reports Reuters. Although not yet made public, the letter also asks the candidates to make it easier for the companies to hire tech workers from overseas. Both are not happy with the TPP deal, although Trump is sterner in his opposition to any kind of trade deals between countries. Trump has not rejected outright the idea of importing high-tech talent from overseas, while Clinton has already voiced her support for the idea. http://reut.rs/1Wb0Zwq
Apple mandates June 1 app IPv6 support
Apple has set the deadline for IPv6 support for App Store-supplied software. On June 1, apps thast use a custom networking stack and that are submitted to the app store must support IPv6-only networks. The rule, announced last year as coming soon, will only affect a small portion of submitted applications that do not use the NSURLSession and CFNetwork APIs. http://apple.co/24yBTIY