| US hard drive maker Western Digital Corp has announced that it was cutting its workforce by five per cent, or some 2,500 employees, because of weaker demand. |
| Sun eyes emerging markets for growth |
| In a move to leverage opportunities and expand its customer base across its emerging markets (EM) geography, Sun Microsystems announced the roll out of a regional telecoverage model. |
| Lenovo drops Positivo acquisition |
| Lenovo Group said the current economic uncertainties made it impossible to acquire Brazil's biggest computer maker, Positivo Informatica (PI) SA, according to Xinhua's website. |
| Canon to delay new camera plant |
| Canon Inc said it would delay the construction and start-up of a $196-million digital camera plant in Japan due to slow demand, becoming the latest company to modify investment plans amid the global downturn. |
| Steve Jobs to skip Macworld |
| Apple Inc said that Chief Executive Steve Jobs will not deliver the keynote address at the Macworld trade show next month, reviving some investors' concerns about the state of his health. |
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