Virginia Tech tops Georgia Tech, 6-2, in its ACC baseball tournament opener

GREENSBORO, N.C. -- Justin Wright (Forest Park) struck out 15 to lead Virginia Tech past Georgia Tech, 6-2, on Thursday night at the Atlantic Coast Conference baseball tournament.

Wright allowed four hits, and the only hit he surrendered by way of five innings was Jay Dantzler's solo homer inside third. The junior left-hander helped the Hokies (37-19) win their tournament opener. They will face Clemson on Friday.

Austin Wates hit a two-run shot inside the first inning for Virginia Tech, which is ranked No. 18 by Baseball America. Michael Seaborn also drove in two runs for that Hokies, who never trailed.

Jeff Rowland added a solo homer inside the eighth for the 11th-ranked Yellow Jackets (44-12), who will face North Carolina State on Friday night.\

The Washington Post

OmniVision Tech Swings To 4Q Profit; 1Q View Tops Street

OmniVision Technologies Inc. (OVTI) swung to some fiscal fourth-quarter profit on a large rebound in sales and higher margins.

Shares climbed 8% to $19.67 in after-hours trading as the semiconductor company's latest earnings topped expectations plus the firm predicted adjusted first-quarter earnings of 27 cents to 40 cents a share and income of $190.2 million to $210.6 million. Analysts estimated 22 cents and $170.9 million, respectively, according to a poll by Thomson Reuters.

OmniVision--which designs chips that convert an optical image to an electric signal and are applied in digital cameras, cellphones and videogames--has seen product sales grow on a rebound in demand for electronic devices. But the company, which contracts with manufacturers to create its chips, faces increased competition, particularly in the Chinese marketplace.

In March, it completed its acquisition of Aurora Systems Inc., which makes parts for high-definition house theater projection systems and other devices.

For the quarter ended April 30, OmniVision reported a profit of $3.5 million, or 7 cents a share, compared having a year-earlier loss of $20.1 million, or 40 cents a share. The outcomes included charges of 11 cents and 10 cents, respectively.

Income jumped 77% to $157.2 million.

In February, OmniVision predicted adjusted earnings of 11 cents to 21 cents on income of $145 million to $160 million.

Gross margin rose to 24.9% from 17% on the revenue gain.

Online WSJ

New gadgets set stage at Taiwan tech show, but clouds loom

(Reuters) - Technological know-how companies feeling the pinch from Europe's debt crisis could face a tough sell when business buyers gather in Taipei to examine the latest whizz-bang features at the world's No.2 computer fair.

Some major exporters in Asia which includes Sony Corp and Asustek Computer Inc have recently told similar tales of woe about the weak euro, which threatens to hurt Personal computer sales in the sector's typical second-half uptick.

One more worry is China's move to put the brakes on an economy that grew 11.9 % from the 1st quarter.

At present, the engineering sector is not a target but analysts worry that any further credit tightening may eventually hurt demand, and China may restrict loans to parts makers, which supply the China-based factories owned by Taiwan companies.

"That could be a double blow," mentioned Yuanta Securities analyst Vincent Chen, referring to Europe and China, which together take about half of Taiwan's total exports. "There should be a whole lot of design-ins at the display but we aren't certain if there are going to be a great deal of orders for them."

The mood in Taiwan is often a great benchmark for that global Pc industry as the island's contract makers work for that world's top brands including Hewlett-Packard Co, Dell Inc and Apple Inc, and make most with the world's laptop computers.

Yuanta explained it cut its 2010 and 2011 forecasts for global personal personal computer shipments by 3 percent and 2.three %, respectively, to 336 million units and 370 million units, but they were nevertheless higher than 306 million PCs shipped in 2009.

TABLET VOGUE

At this year's Computex, which runs from June 1-5, one with the much-hyped products would be portable tablet computers as hardware makers hope to take benefit in the buzz surrounding Apple's newly launched iPad.

The iPad hit overseas store shelves on Friday, with buyers storming Japanese and Australian shops to be among the initial outside the United States to snap up the long-awaited tablet Personal computer.

At Apple's flagship shop in Tokyo's Ginza shopping district, about 1,200 folks formed a line that stretched some 800 meters.

Acer Inc, Micro-Star International Co (MSI), Asustek Computer system and China's Hanwang Technology Co are set to showcase their own tablet designs and electronic reading devices, or e-books.

These tablets, with bright LCD touchscreens, longer battery lives and wireless connectivity, will share the stage having a line of high-end all-in-one desktops and sleek laptops that allow users wearing special shutter glasses to play 3D games.

"There are some noises about Europe but we still expect to see a very good third quarter following we launch new goods," explained MSI Chairman Joseph Hsu, whose company produces PCs and motherboards.

Technological know-how demand normally picks up in the third quarter with back-to-school demand and pre-Christmas getting.

Taipei's organizers explained a total of 1,715 exhibitors, such as foreign technologies heavyweights including Microsoft Corp, Intel Corp, Advanced Micro Devices Inc and Nvidia Corp, would attend the Pc display this year, slightly more than last year.

Some of them are going to be promoting new processors that power laptops and other high-tech gadgets employing ultra high-speed WiMax engineering.

Reuters

Boston College/Miami goes extra innings, Hokies/Ga. Tech will start later

Barring a lightning-quick middle game on the day between Virginia and Florida State, the Hokies’ initial game with the ACC Tournament will start very a bit later than the scheduled 8 p.m. very first pitch.

Boston College beat Miami 12-10 in 12 innings in a game that lasted a lot more than four and a half hours. As of 5:15 p.m., the Cavaliers and Seminoles have yet to begin.

The Hokies and Jackets could get under way any time from 9-10 p.m. tonight.

Collegiate Times

Apple passes Microsoft to be biggest tech company

LAHORE: Apple has pushed past arch-rival Microsoft to become the world’s biggest technology business. Changes inside the share price values of the two in Wednesday’s choppy trading left the total value of Apple at $222 billion.

Microsoft is now valued by investors at $219 billion. Nevertheless, Microsoft still enjoys higher profits than Apple. Its most recent annual net profit was $14.6 billion, as compared with $5.7 billion for Apple.

Microsoft also reported larger full-year revenues of $58.4 billion, with Apple on $36.5 billion. Apple’s shares closed Wednesday trading down 0.4 per cent at $244.11, although Microsoft fell by four per cent to $25.01.

The Pakistan Newspaper