Wal-Mart appointed Neil Ashe as its e-commerce president

January 17th morning news, Wal-Mart appointed Neil Ashe as its global e-commerce new president and CEO on Sunday, to enhance network operations.

Wal-Mart is working to meet the shopping needs of consumers, not only to enhance the physical store business, but also to actively improve the network, mobile phones and tablet PCs shopping experience. Ashe was the president of CBS Interactive, this appointment will take effect immediately.

Ashe’s predecessor, Eduardo Castro-Wright announced to retire in September last year, and he will help Wal-Mart to complete over the leadership.

Wal-Mart’s annual revenues exceeded $ 400 billion, as the sixth largest of U.S. Internet retailer, after the Amazon, Staples, Apple, Dell and Office Depot. But Wal-Mart did not disclose the revenue share of network services.

AT & T added 11 LTE test markets

U.S. wireless carriers AT & T announced that the company was expanding its 4G LTE network for more than ten new markets, involving the United States west coast New York and east coast San Francisco as well as Los Angeles. With this expansion, the company’s 4G LTE coverage has reached 26 cities, nearly 74 million subscribers.

New markets including New York City metropolitan area, Austin, Chapel Hill, Los Angeles, Oakland, Orlando, Phoenix, Raleigh, San Diego, San Francisco and San Jose. Prior to this, AT & T has deployed 4G LTE network in 15 markets, namely Athens, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas – Fort Worth, Houston, Indianapolis, Kansas City , Las Vegas, Oklahoma City, San Antonio, San Juan and Washington DC.

AT & T’s Business Solutions President and CEO JohnStankey said: “We are building 4G LTE network with a great speed , we offer double-4G technology will allow customers to experience a more consistent speed of our network and the unmatched combination of 4G devices and innovative applications, it will give customers an industry-leading mobile broadband experience. ”

AT & T said it expects to complete its 4G LTE network expansion in the United States at the end of 2013.”

Toshiba and Elpida merger negotiations promote the Micron shares rose 11%

January 4th morning news, DRAM memory chip maker Micron shares soared 11% on Tuesday. Some reports said that the Micron biggest competitor Elpida will merger with Toshiba, indicating that the DRAM chip industry consolidation will occur.

On Tuesday, Taiwan’s media DigiTimes reported that the Japanese government is promoting the Elpida and Toshiba merger. Nomura Securities analyst Sidney Ho said: “The news about Elpida indicating industry consolidation, which will give a better price for the industry.”

In the past few quarters, due to the oversupply of products, Micron profit margins serious decline. Industry research institutions DRAMeXchange reported that the contract price of DRAM chips felt 58% in last year, while the spot price felt by 70%.

Elpida is the world’s third-ranked DRAM chip manufacturers. The company is working to repay the debt. It is reported that Elpida is negotiating with Taiwan’s Nanya Technology to raise funds.