WASHINGTON - Google announced Wednesday it signed a deal to sell its struggling smartphone unit Motorola Mobility to Chinese tech giant Lenovo (IW 1000/134) for $2.91 billion.
"Lenovo has the expertise and track record to scale Motorola Mobility into a major player within the Android ecosystem," Google CEO Larry Page said in a joint statement announcing the deal....More
Why is social media monitoring important for manufacturers? Because if you don't monitor the social/creative web, it could literally blow up your brand equity. And that goes for everyone from Tic Tacs to Oreos, and from Pampers to Fendi....More
The U.S. economy has been the innovator of virtually all major technologies developed since World War II. The innovative technologies that American inventors and entrepreneurs have invented and developed have benefitted Americans in all aspects of their lives. American manufacturers have been responsible for more than two-thirds of all private sector R&D that led to these innovative new technologies. More than 90% of new patents derive from the manufacturing sector and the closely integrated engineering and technology-intensive services....More
The decision comes after an Indian health ministry committee earlier this year urged the government to issue a "compulsory license" that would have obliged Roche to license a domestic generic firm to make a much cheaper copy....More
The latest NAM/IW Survey of Manufacturers shows industry leaders in a buoyant mood. NAM Chief Economist Chad Moutray examines what's behind their optimism and how 2014 is shaping up for the manufacturing industry.
U.S. manufacturers find themselves in a global battle for innovation as companies and nations try to leapfrog the industrialized West. Investor and development expert Ed Sappin offers three examples of global competitors mounting formidable challenges.