Seagate closes Chinese factory, cuts 2,000 jobs

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As part of its global business restructuring plan, the world’s largest hard disk producer Seagate recently announced plans to close its factory in Suzhou, China, to optimize operational efficiency due to subdued market demand. The company will also trim more than 2,000 jobs as part of the shutdown from its 6,500 employees globally, according to […]

Brazil IT spend set to grow in 2017

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The Brazilian IT industry is predicted to grow by 3.3 percent and generate revenues of R$76,1 million ($23,4 million) in 2017, according to an annual trends survey by Brazilian analyst firm IT4CIO. The survey on technology investment trends surveyed 1,500 IT decision makers at large and medium-sized companies and found that 45 percent of executives […]

Intel launches new IoT retail platform, plans $100 million retail tech investment

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Image: Intel Intel CEO Brian Krzanich spoke at the National Retail Federation’s Big Show conference on January 16 and announced the chipmaker’s latest platform for the retail sector. It’s called the Responsive Retail Platform (RRP), and according to Intel, it connects disparate islands of in-store technology and makes it easier to develop and deploy Internet […]