In a joint letter to the Federal Communications Commission, Consumer Watchdog and the Center for Digital Democracy have called for regulators to block Google's planned $750 million acquisition of mobile advertising firm AdMob.
Seoul, Korea - LG Display has submitted on the 20th an cancellation application for its injunction request against the sales of Galaxy Note 10.1 filed against Samsung Electronics and Samsung Display in December last year.
SEOUL, KOREA – On Sunday, KT said it has signed an MoU with the Rwandan government to set up a joint venture company that will be tasked with the building of 4G LTE high-speed wireless networks in Rwanda.
PRINCETON, NJ - Wharfedale Technologies Inc. (WFT), a leading IT services and consulting firm, announced today it has successfully migrated TransAlta’s SAP production landscapes from its physical environment to a virtualized Converged Infrastructure with VCE Vblock Systems using EMC VNX storage.
SEOUL, KOREA - The share price of S-Oil Corp. is showing strength on the news of investment by Saudi Arabia's Aramco. Already a 35-percent holder of the oil company, Aramco will try to become the 100-percent owner of the company by taking over shares hitherto held by second-largest shareholder Hanjin Shipping.
PARIS, FRANCE - The French Prime Minister Jean-Marc Ayrault said his government would do everything to support STX France. According to STX on January 23, Prime Minister Ayrault visited its Saint-Nazaire shipyard on the 22nd and said, "The shipbuilding industry is contributing in a meaningful way to local economy and industrial development by creating jobs and boosting productivity. Our government will provide support to STX France as much as possible."
SEOUL, KOREA - Ssangyong Motor has released a premium multi-leisure vehicle (MLV) model "Korando Turismo" on February 5. The 11-seater Korando Turismo features the styling of an SUV, the comfort of a sedan, and the multi-function of a multi-purpose vehicle.
Seoul, Korea - Hyundai Heavy Industries (HHI) is pushing forward a company-wide IT convergence project. HHI has been implementing short-term IT convergence projects in several areas of operation, but now plans to maximize the synergy from the IT convergence by expanding the projects to its seven business divisions.
SEOUL, KOREA - Despite the high expectations of across-the-board increase in oil stocks following the air strikes in Iraq, the S-Oil stock is still unable to find an upward momentum. On August 8, S-Oil shares were closed at 53,500 won, down 0.37 percent from the previous day. This is in contrast to a 1.49-percent rise of the SK Innovation stock as the West Texas Intermediate crude oil price on the same day rose 0.3 percent to US$97.65.
SEOUL, KOREA - Hyundai Motor is set to redecorate its dealer shops around the world. The company plans to redesign the interior and exterior of its dealerships more elegantly, aimed at enhancing its brand image.
GS Engineering & Construction said on August 18 that it won a US$584.5-million order to build a bridge in Kuwait. Commissioned by the Kuwaiti Ministry of Public Works, the project calls for building the 12.43-kilometer Doha Link bridge connecting Shuwaikh to the port village of Doha in the Jahra region of Kuwait.
SEOUL, KOREA - According to the trade on the 9th, LG Display had formed a task force named ‘Tear-Down Revolution (TDR)’ to review its involvement in G2 TSP. Its original target was the smartpad market, but as the demand for TSPs for PCs sharply increased, the display maker changed its plan. LG Display recently promoted TDR from a task force to an official team and started to search for partners for the production of G2 TSP.
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