Huawei takes lion's share

In very quiet week at home and abroad, the international ICT world was dominated by Huawei's buyout of Symantec's share in their joint venture.

Locally, the results from Mix Telematics and Reunert were the main stories.

Look out for the disposal by Eastman Kodak of its online photo-sharing unit.

Paul Booth, MD, Global Research Partners

* Satisfactory interim numbers from Mix Telematics, with revenue up 8% but profit up 28%.
* Satisfactory year-end figures from Reunert, with revenue up 2% but profit up 48%.
* A negative trading update from Africa Cellular Towers.
* Vox Telecom terminated the listing of its shares on AltX.
* Wipro (India) intends to establish a strategic delivery centre in South Africa.
* US-based StorageCraft Technology has entered South Africa for the first time via an initial distributor, Phoenix Software.

* Mediocre half-year numbers from Telecom Egypt, with revenue down 9.7% and profit down 21%.
* Mediocre nine-month figures from Maroc Telecom, with revs down 3.2% and EBITDA also down 9.7%.
* A quarterly loss from Orascom Telecom (Egypt), but with revenue up 3.5%.
* RAD Data Communications is to open an office in Lagos, Nigeria.
* Al-Ameer Ahmed Al-Ameer Yousef was appointed MD of Expresso Telecom, Ghana.
* Hisham Ayoub resigned as MD of Expresso Telecom.

* Huawei Technologies bought Symantec's 49% stake in their joint venture for $530 million.
* Quest Software purchased VKernel, a virtualised infrastructure operations management company.
* Samsung Electronics acquired Nexus, a US-based provider of healthcare equipment.
* Warren Buffet's Berkshire Hathaway fund made a $10.7 billion (5.4%) investment in IBM.
* SK Telecom made a $3 billion (21.1%) investment in Hynix Semiconductor.
* Rambus has lost its seven-year-old anti-trust case, possibly worth around $4 billion, against Micron Technology and Hynix Semiconductor. The former's shares dropped over 60% immediately following this news, although the shares ended the week above their lowest level.
* Vivendi has sold off its stake in Activision Blizzard for $427 million.
* Good quarterly numbers from Autodesk.
* Satisfactory quarterly results from Blue Coat Systems.
* Mediocre quarterly results from Applied Materials and Reliance Communications (India).
* Mixed quarterly figures from Dell, with revenue down (very slightly) but profit up; Infineon Technologies, with revenue up but profit down; NetApp, with revenue up but profit down; and VimpelCom, with revenue up but profit down.
* Quarterly losses from Aruba Networks, Intuit, Mitek Systems, Overland Storage and Salesforce.com.
* Francois Barrault was appointed chairman of IDATE; Arthur Levinson was named chairman of Apple; and January Edvard Thygesen was appointed deputy CEO and COO of VimpelCom.
* An IPO filing from Intel-backed Synacor, a company that builds Internet software tools and portals.
* An IPO filing from Yelp, an online provider of reviews for local US businesses and services.
* A very good IPO on Nasdaq by Angie's List, a provider of reviews for local US businesses and services.

* International:
* The disposal by Eastman Kodak of its online photo-sharing unit.
* Africa:
* A possible sell-off by Vodacom of its interests in the DRC.
* South Africa:
* Further developments regarding Telkom and its unbundling of the local loop.

* Worldwide sales of mobile devices grew 5.6% in Q3 2011 to 440.5 million units, with Nokia, Samsung and LG Electronics topping the list, according to Gartner.

* JSE All share index: Down 1.4%
* Nasdaq: Down 4%
* Top SA share movements: African Cellular Towers (-55.6%), Amecor (+12%), Huge Group (+13.3%), Ifca Technologies (-11.1%), MICROmega (+18.8%), Morvest (-8.7%), Poynting Antennas (-8.6%), TCS (-50%) and Zaptronix (-33.3%)

Fortune magazine recently published its '40 under 40' hottest young stars in business. From a technology perspective, Mark Zuckerberg, founder and CEO of Facebook, was number one. Larry Page, company founder and CEO of Google, was number two; Jack Dorsey, company founder and chairman of Twitter, was eight; Sergey Brin, co-founder of Google, was 11; Daniel Ek, founder and CEO of Spotify, came in at 18; and Marissa Mayer, VP of Google, was 20. Other key executives at Dropbox, Facebook, Foursquare and Groupon made the top 40.