Japan’s Prime Minister Holds On Despite Rebuke From Voters Prime Minister Shinzo Abe rejected the urging of opposition politicians, newspaper editorials and even members of his own party that he step down.... Read Full Article Bush Announces Mortgage Agreement The agreement would freeze interest rates for up to five years for some of the two million homeowners who bought houses recently with subprime loans.... Read Full Article Delays And Restructuring Costs Push Troubled ISoft Into The Red ISoft, the healthcare IT group, revealed a slide into the red yesterday after suffering contract delays and undergoing a group restructuring. ISoft, a key provider to the NHS’s £6....... Read Full Article World Business Briefing: Mexico: Trade Deficit Less Than Expected Mexico’s trade deficit was a smaller-than-expected $1.57 billion in November, the government said. Analysts had forecast the November trade deficit at $1.91 billion, up from $1.23 billion in October. ... Read Full Article For Now, Musharraf Has Muzzled Legal Critics In Pakistan For speaking out against President Pervez Musharraf, one lawyer spent three weeks in jail and another is under house arrest in Lahore. None of these leaders can talk to one another.... Read Full Article |
Microsoft And Siemens To Develop In-Car InfotainmentFiled at 5:48 a.m. ET FRANKFURT (Reuters) - Microsoft and Siemens will join forces to develop in-car entertainment and navigation products that should make it easier for consumers to connect devices such as mobile phones and music players. The two companies said on Friday the first Siemens products based on Microsoft software should go into production in 2009. The market for automotive infotainment products is set to grow to about $54 billion by 2012 from $38 billion currently, according to research group iSuppli. The rise of portable media players and content downloadable from the Internet is forcing carmakers and their suppliers to rethink their offerings, which have until recently centered on standalone audio systems. Siemens automotive unit VDO, which is being bought by car-parts maker Continental for 11.4 billion euros ($15.6 billion), said using the Microsoft Auto platform would give it more room to concentrate on its core competencies. Siemens VDO also makes driver-assistance and safety systems. "In addition, Siemens VDO will also be able to actively help shape Microsoft Auto and license platform-compliant applications, such as navigation functions, for third-party suppliers," a joint statement from the two companies said. The companies said their first milestone would be a multimedia platform that would make it possible to integrate consumer-electronic functions and portable devices. "Consequently, new solutions in consumer electronics will be adapted for in-vehicle use more quickly and easily, since it will only be necessary to add individual software components," they said. "This helps close the gap between the short development cycles in communications and information technology and the comparatively long product cycles in automotive engineering." Tag CloudExternal InformationAdditional InformationMotorola Unveils Mobile Live TV Device...No cat-on-skateboard videos here... In Time for Summer Parties, an Amplifier Geared for MP3... Disney Unveils Its Animation Slate... Where Am I?News Main Page - Business - Microsoft And Siemens To Develop In-Car Infotainment |
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