Photo
Business Update

Reuters business newsletter, your daily business coverage.

Subscribe

Quotes from the Reuters TMT Summit in Paris

Wed May 16, 2007 5:38pm EDT

Reporter's Notebook

[-] Text [+]

PARIS (Reuters) - Following are quotes from the Reuters Technology, Media and Telecoms Summit:

Sony Ericsson (ERICb.ST: Quote, Profile, Research, Stock Buzz) (6758.T: Quote, Profile, Research, Stock Buzz)

President Miles Flint

- "What is GPS (global positioning system) do for me? Today it tells me I'm sitting somewhere 48 degrees north and 2 minutes west. Is that really of that much value if I know I'm sitting in Paris?"

- "Three years ago we had some very successful products, but we talked to the telecoms operators and they told us: 'you cannot be a gap supplier or a niche supplier. They want to work with only a very few big (mobile phone) manufacturers. That's why we took a deep breath in the end of 2004 and started to ramp up our portfolio. In 2006 for the first time we had a full portfolio (of phone models)."

- "We launched more products in the first quarter of this year than in the first half of last year."

ARM Holdings Plc (ARM.L: Quote, Profile, Research, Stock Buzz)

Chief Executive Officer Warren East

- "There's an ongoing concern about IP (intellectual property) (in China). It isn't an overriding concern. To respect the ownership of something you cannot touch is harder to understand there than for someone in the United States."

- "Having been in this business a long time, we know royalty collection is not perfect. But if we charged a lot of money, and caused pain, (customers) would look to minimize royalties (even more)."

- "Back in 2002 there were hundreds of fabless semiconductor companies in China and I would have said that by 2007 we would have a design centre in China. The western semiconductor companies have been much more successful to hold on to their electronics customers than anyone expected, and despite the vast number if fabless semiconductor companies in China, the number of successful ones has been very small."

Tele Atlas TA.AS

Chief Executive Alain De Taeye

- "We haven't invented anything new here. We're doing maps, exactly the same as in the medieval period. We're using digital technology, but they're the same maps."

- "It's socially unacceptable that we allow people to crash into a hairpin with 120 kilometers per hour, because the car knows it's going 120 kilometers per hour and the hairpin is digitally mapped."

- "In Europe we have 30 million users of in-car and portable navigation, and that's only 14 percent of the total 220 million cars. If you have enough devices, you automatically get maps (if you track those devices), and also direction. If 99.9 percent drive into one direction and only one idiot the other way, you know it's a one way street."  Continued...

 
Aerospace and Defense Dec 15 - 17, 2008 Aerospace/Defense
Investment Outlook Dec 08 - 11, 2008 Financial Services / Exchanges
Media Dec 01 - 4, 2008 Media/Tech/Telco
India Investment Nov 24 - 26, 2008 Country Summits
Health Nov 17 - 20, 2008 Health

What are Summits?

Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits.  Launch Full Video 

 

Stay connected. Get e-mailed alerts with schedules, speaker lists, and headlines from upcoming and live Industry Summits.