Ultimate Electronics Faces Delisting
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Ultimate Electronics Inc. on Tuesday said it was at risk of being delisted from the Nasdaq because of a delay in filing its results for the quarter ended Oct. 31.
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(InfoWorld) - The EIA (Electronic Industries Alliance), a trade group representing manufacturers of tech products, has come up with a recycling agreement supported by both television and computer hardware makers, it said Thursday. The agreement, covering TV sets, computer monitors, desktops, and laptops sold to consumers, is the first e-waste plan supported by a consensus of TV and IT hardware manufacturers, said Matthew Flanigan, the EIA's interim president and CEO. EIA members will use the agreement to push for the U.S. Congress to pass a consistent national e-waste policy, EIA officials said. Five states have passed electronics recycling laws, and all of those laws differ significantly, said Richard Goss, EIA's vice president of environmental affairs. Congress "is our preferred venue for getting this issue resolved," Goss said. "I don't think it serves anyone's interest -- the manufacturers, the retailers, the recyclers, the general public alike -- to have this patchwork of state approaches." Under the EIA plan, retailers of TV sets would collect a recycling fee when the sets are purchased. That fee, not yet determined, could give the entire cost of transport and recycling for televisions. For computer hardware, manufacturers would be required to offer "reasonably convenient" recycling services at no cost to consumers. Several IT hardware makers have already instituted recycling programs, while most TV set makers have not. The TV fee would be temporary to help pay for the recycling of the millions of TV sets already sold, EIA officials said. The EIA will share the agreement with members of Congress interested in e-waste issues. One bill in Congress, introduced in January by Representative Mike Thompson, a California Democrat, would establish a recycling program through the U.S. Environmental Protection Agency. The recycling fee could not be more than $10 per piece of hardware. Several manufacturers praised the agreement. The plan is an "important step forward in achieving industry consensus," Matt Krupnick, public policy counsel for Dell, said in a statement. The agreement would require manufacturers to keep recycling records and to use recyclers that meet environmental management standards. Another part of the agreement calls for manufacturers to meet hazardous materials restrictions established by the European Union's Restriction on Hazardous Substances directive and a similar California statute. It's important for manufacturers marketing products worldwide to have similar requirements in the countries they sell to, Goss said.
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Following Sony&#39;s surprising exit from the US PDA handheld market earlier this summer, three other companies have announced their intentions to withdraw from the US handheld market.
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Company will exit the flat panel TV market.
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The death of the video recorder comes a step closer as electrical chain Dixons says it will stop selling them.
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com October 20, 2004, 12:39 PM PT. Sharp Electronics is ceasing development of its Linux-based handheld devices for US consumers--the latest maker to wash its hands of the once-popular retail market.
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The real issue users need to keep their eyes on is will these three companies be able to leave well enough alone. How other companies have handled past acquisitions might provide some insight into how these company mergers and their products will fare long term.
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We think a lot about getting new gadgets, but not so much about getting rid of old ones. The result: old cell phones, defunct laser printers and Pentium III computers gathering dust.
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Another Blu-ray player price cut is on the way.
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Advanced Micro Devices said Wednesday that it planned to take a material write-down of the value of its 2006 acquisition of ATI Technologies.
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Litigation is draining the cash of this longtime Unux vendor.
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Decision may bring world of wireless peripherals to market.
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Tussle over next-generation DVD format could alienate consumers.
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Don&#39;t you think it&#39;s time to retire that VCR? You probably have a DVD player or two, so you already know videocassettes are fast becoming obsolete.
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A major restructuring process has pulled this respected audio company into penny land.
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By Duluth News-Tribune, Minn.  Mar. 8--In an ideal world, every time a new TV set or computer monitor was purchased, an old, junky one would be recycled -- rather than being dumped from Skyline Parkway or tossed into a rural ditch or even forgotten in a basement.
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First video killed the radio star. Now it looks like the video recorder's days could be numbered too, after Britain's biggest electrical retailer announced an end to sales of the household gadget.