As talks continue about selling key units to Kodak, Wang Laboratories turned in a first quarter loss of $26.4 million on turnover of $290.7 million, but said the downfall included a charge of $13 million from previous redundancies.
The other charge for the period accrued from its acquisition of I-Net last August, said senior executives. Turnover rose in the first quarter by 10 per cent compared to the period before.
If Wang had not acquired I-Net and absorbed the charges associated with job losses, it would have turned in a profit, said Joseph Tucci, Wang?s CEO and chairman.
Molybdenum ditelluride is a two-dimensional material that can be easily stacked into multiple layers to create a memory cell
New light-guiding nanoscale device can control and monitor a nanoparticle trapped in a laser beam with high sensitivity
Optical traps are scientific instruments in which a focused laser beam is used to exert an attractive or repulsive force on a microscopic object to hold it in place
Scientists estimate that the exoplanet has already lost up to 35 per cent of its mass over its lifetime
The observations were made using the Atacama Array in the Chilean desert