China’s software market is booming with increase in year to year profits.According to Ministry of Industry and Information (MII) statistics, in Q1 2008, China’s software industry recorded sales revenue of RMB 144.36 bln, up 29.9% year on year.

China’s software technology services sector grew the fastest, with 46.4% YoY growth, reaching RMB 25.9 bln in sales revenue. Of this total, software outsourcing services contributed over RMB 1.8 bln, up 100% YoY. Software product sales grew 26.2% to RMB 49.3 bln, comprising 34% of total software industry revenue. During the period, software export revenues reached USD 2.4 bln, up 54.3%

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The Annual General Meeting of Nokia Corporation held on May 8, 2008 (AGM) resolved to distribute a dividend of EUR 0.53 per share for 2007. The dividend ex-date is May 9, 2008 and the record date May 13, 2008. The dividend will be paid on or around May 27, 2008.

Board and Committee members elected

The AGM resolved to elect ten members to the Board. The following members of the Nokia Board were re-elected for a term until the close of the Annual General Meeting in 2009: Georg Ehrnrooth, Lalita D. Gupte, Dr. Bengt Holmström, Dr. Henning Kagermann, Olli-Pekka Kallasvuo, Per Karlsson, Jorma Ollila, Dame Marjorie Scardino and Keijo Suila. Risto Siilasmaa was elected as a new member to the Nokia Board of Directors for the same term.

In its assembly meeting the Board of Directors elected Jorma Ollila as Chairman of the Board and Dame Marjorie Scardino as Vice Chair of the Board.

The Board of Directors also elected the members of the Board Committees. Per Karlsson was elected as Chairman and Henning Kagermann and Dame Marjorie Scardino as members of the Personnel Committee. Georg Ehrnrooth was elected as Chairman and Lalita D. Gupte, Risto Siilasmaa and Keijo Suila as members of the Audit Committee. Dame Marjorie Scardino was elected as Chair and Georg Ehrnrooth and Per Karlsson as members of the Corporate Governance and Nomination Committee.

The AGM resolved the following annual fees to be paid to the members of the Board of Directors for the term until the close of the Annual General Meeting in 2009: EUR 440 000 for the Chairman, EUR 150 000 for the Vice Chair and EUR 130 000 for each member. In addition, the AGM resolved that the chairmen of the Audit Committee and the Personnel Committee will each be paid an additional annual fee of EUR 25 000, and other members of the Audit Committee an additional annual fee of EUR 10 000 each. The AGM also resolved, in line with the past practice, that approximately 40 % of the remuneration will be paid in Nokia shares purchased from the market.

The AGM re-elected PricewaterhouseCoopers Oy as the external auditor for Nokia for the fiscal period 2008.

Nokia to buy back own shares

The AGM authorized the Board of Directors to resolve to repurchase a maximum of 370 million Nokia shares. The authorization is effective until June 30, 2009.

In line with the previously announced share repurchase plan, the Nokia Board of Directors resolved to repurchase a maximum of 370 million Nokia shares under the authorization given by the AGM, however, by using a maximum of EUR 4 billion for the repurchases, until March 31, 2009.

The shares will be repurchased in public trading for purposes identified in the authorization by the AGM at a price based on the market price of the Nokia share. Repurchases may also be carried out by entering into derivative, share lending or other arrangements, in which case the repurchase price paid by the Company may differ from the market price of the execution date of the arrangement.

Press Release 

According to MocoNews India has just hit 261 million mobile phone subscriptions at the end of March,this makes india the second most mobile  used area in terms of the size of the mobile market,but china is till high  . “The Telecoms Regulatory Authority of India reported that more than 10 million new subscribers were added in March compared with seven to eight million in previous months. Wireless connections outnumber the 39 million fixed-line phones in India by seven to one” reports Variety. At the end of January, China Mobile had a total of 376.38 million mobile users, meaning the country as a whole must be clocking near half a billion, but India has the advantage (for foreign content publishers) of a large English-speaking population.

Nokia today announced the five finalists for the 2008 Nokia Mobile Filmmaking Awards which will be screened during the Pangea Day broadcast on May 10th. The winners will be flown to Los Angeles to attend one of Pangea Day’s six live broadcast locations on Saturday, May 10th.

Pangea Day was created by award-winning documentary filmmaker Jehane Noujaim after winning the prestigious 2006 TED Prize. Together, Noujaim and TED, with support from Nokia, have created Pangea Day to connect people by harnessing the power of film and encouraging people to view the world through someone else’s eyes.

The five finalists in the Nokia Mobile Filmmaking Awards competition, which ran from March 19 to April 30, in no particular order, are: Pier Bardoni for Cloud Running; Eduardo Cachucho for Game; Rupert Howe for Amazing Rainbows; Bob Calabritto for Smile; and Kayoom Mistry for Rounds All Around.

Contestants uploaded their two-minute long entries for the competition to the Pangea Day channel at Share on Ovi, a free media sharing service that makes it easy to upload, manage and share personal media through mobile, desktop and other connected devices. Consumers who registered on the site voted to select the five finalists.All five finalists, chosen by online voting, will be flown to Los Angeles for the event. A panel of professional judges - including Jehane Noujaim, Dave Stewart and others - will review the videos prior to the broadcast and pick a winner, which will then be announced during the Pangea Day broadcast. In addition to the trip to the Los Angeles event, the winner will receive a mobile filmmaking trip of a lifetime to the Rwandan Gorilla Reserve and a production budget to record their trip.

On May 10th, millions of people all over the world will come together to watch a 4-hour program of short films, coupled with talks from CNN’s Christiane Amanpour and Queen Noor of Jordan, and with special musical guest. Through the Friends of Pangea Day page at http://www.pangeaday.org/events.php, anyone, anywhere can sign up and host their own Pangea Day event or attend an event in their local community.

Though submissions for the 2008 Nokia Mobile Filmmaking Awards have closed, images and films will live on at www.ovi.com/pangeaday where you can continue to share your experiences about this special day.

For more information about the Pangea Day and the 2008 Nokia Mobile Filmmaking Awards, visit www.ovi.com/pangeaday.

Iphone can now accept chinese fonts . According to a chinese Apple’s iPhone Firmware 2.0 has added a new feature to its updated version that would recognize Chinese handwriting. It will also include a revamped Japanese interface. If you were in love with the touchscreen keyboard then you should take a course of drawing Chinese characters for it is the only language that will be supported for the time being. The Newton Personal Digital assistant was the first handwriting recognition software designed by Apple. It later created the ‘Rosetta’ that was an improved version of Newton and featured in the Mac OS X under the name ‘Inkwell’. Nevertheless, Apple is continuously working on handwriting recognition technology trying to develop better and improved versions with greater function

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Physicists at the University of St Andrews, England have developed a new kind of laser that can be put to use in diverse application like medical treatments, light-emitting clothes and even a low cost light that can radiate rainbow colors. The breakthrough technology, developed by physicists Professor Ifor Samuel and Dr Graham Turnbull uses a new flexible, plastic-like semiconductor material that is powered by a simple LED in place of another laser that reduces its manufacturing cost drastically which, in turn, allows the technology to be put into more commercial use. The hybrid LED-lasers can give off a variety of colors and are applicable to a number of uses including treatment of skin cancer, spectroscopy and chemical sensing. The new lights, which can be widely manufactured for less than five pounds, are tipped to revolutionize point of diagnoses care in the medical field, though given its colorful nature, we won’t be entirely surprised if they are also used to light up Christmas trees, displays, sneakers and even kids’ toys and lamps!

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Nokia is known in making innovation with its new handset and that is where Nokia labs is focussed . Trendy Gadget reports that Nokia just unveiled its new concept of mobile device during a “Design Event” in Central London recently. The new concepts are “People First”, “Zero Waste Charger”, and “Wears in, not out”.

As more services become available on our mobile devices this concept explores how people could potentially upgrade their devices digitally rather than physically in the future, giving people an additional choice on how they use and update their mobile phones.

HTC is unveiling its new Diamond smart phone in some time however the leaked pictures are very where for this phone.Below the picture are its specs

* 2.8-inch VGA display,
* WinMo 6.1 Pro,
* WiFi,
* Bluetooth 2.0
* eGPS,
* FM tuner
* Quad-band HSDPA 7.2
* 4GB internal flash,
* microSD slot,
* 528MHz CPU,
* 3.2 megapixel camera with autofocus,
* 10.7mm thick,
* (rumored) an orientation sensor / accelerometer

SOURCE 

AT&T has also launched the SONY ERICSSON Z750A today following the higher-profile launches of the Vu and Access.The Z750a marks Sony Ericsson’s first official entry into the US W-CDMA market following the aborted launch of the K850 on AT&T and also features triband HSDPA data access.

The phone is now available from AT&T online for $149.99 before an additional $100 mail-in rebate bringing the total to $49.99.

SOftware  for SONY ERICSSON Z750A

T-Mobile and Nokia today announced that they are collaborating to accelerate the availability of new Internet services and personal social communities on mobile devices.

By signing this collaboration agreement, T-Mobile and Nokia will be able to offer their European customers faster and easier access to all of T-Mobile’s web’n'walk Internet services as well as all to Nokia’s Ovi Internet services on a wide range of Nokia devices.

T-Mobile and Nokia will together drive the mobilization of social networks. The companies will partner to further enhance T-Mobile’s community-oriented MyFaves service, launched in October 2007 in Europe, empowered by the well-known Nokia user experience.

Widget cooperation is another focus area for the companies, where T-Mobile’s leading web’n'walk offering will provide an even richer user experience. T-Mobile’s web’n'walk offers customers an instant and customizable access to their most preferred Internet and messaging services.

For T-Mobile customers, Nokia will customize its devices to provide a dedicated suite of T-Mobile services which will be seamlessly integrated to Nokia devices. Similarly, T-Mobile customers can access Nokia’s Internet services, such as music, maps and games, through their Nokia device, which will offer T-Mobile customers a great opportunity to enjoy best-in-class Internet services. 

In March T-Mobile and Nokia announced the exclusive Nokia 6650 device for T-Mobile which will be available in July in Europe. This collaboration is the next step in intensifying the good partnership between the companies.

“We are pleased about developing our long-lasting and successful cooperation with Nokia, which underlines our position as an innovation leader,” says Christopher Schläffer, Group Product & Innovation Officer at Deutsche Telekom. “High-performance devices and our broadband mobile phone network are ideally suited for granting easy access to our T-Mobile Services like MyFaves, web’n'walk or Nokia-complementary service offerings (e.g. Maps or Games), providing our customers with an even wider range of mobile communication, information and entertainment services.”

“We are excited about further extending our good cooperation with T-Mobile by supporting them in their key propositions like My Faves and web’n'walk, and we see this as a perfect match with our Ovi services. Easy access to a wide variety of services will enhance the way people use their mobile devices and bring Web 2.0 experiences to life. We believe in providing consumers with choice regarding which Internet services they want to access from their mobile device,” said Anssi Vanjoki, Executive Vice President, Markets, Nokia