SEOUL, KOREA - SK Telecom (NYSE: SKM) announced that today it signed a Memorandum of Understanding with Somalogic, a privately held protein biomarker discovery and clinical diagnostics company in the U.S., to cooperate in the development of healthcare technologies and business.
MUNICH, GERMANY - The Swiss mobile network provider Swisscom is counting on highly secure NFC-enabled SIM cards from Giesecke & Devrient (G&D) to allow its customers to make payments with "Tapit". Tapit is the digital wallet for smartphones in Switzerland.
SEOUL, KOREA - LG International Corp., a trading arm of LG Group, said on July 31 that it has decided to buy a 29-percent stake in a urea plant owned by Boyuan Group of China at US$92 million to move into the coal-based chemical market there.
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 - 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.
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 – 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.
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 - 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 - Samsung is going to launch a Smart TV service team to create a new lucrative market. In order to overcome the profitability limit of the current TV market, the local electronics giant is planning to move into developing various new TV services by utilizing its global market share.
An exciting new range of RF over fibre products will be among technologies showcased by ETL Systems, a global designer and manufacturer of RF distribution equipment for satellite communications, at this year’s IBC exhibition.
DBS, the leading worldwide provider of research data management and analytics solutions to R&D organizations, announced on November 10 that it has expanded its Asia Pacific presence with new centers in both China and Australia. From these new offices IDBS is now providing customers with direct local support and training, as well as sales and business development across the entire portfolio of IDBS products; ActivityBase, E-WorkBook and InforSense Suites.
IDBS now has the largest presence in China of any life sciences software company.
Automakers are on the verge of mass-marketing plug-in electric vehicles worldwide, including both plug-in hybrid electric vehicles (PHEVs) as well as battery electric vehicles (BEVs). These vehicles offer improved fuel economy, lower emissions, and a quieter ride than comparable traditionally power internal combustion engine (ICE) vehicles, with several key variations in driving range capabilities. According to a new report from Pike Research, worldwide adoption of PHEVs and BEVs will grow quickly over the next five years, with sales totaling 3.2 million vehicles between 2010 and 2015 and
MELBOURNE, AUSTRALIA- The global telecoms industry’s revenues will remain roughly flat over the next few years, with a decline in spending on voice services counterbalanced by growth in spending on mobile and fixed (broadband) data services, according to global analyst firm Ovum.
MUMBAI, INDIA- SunEdison, a leading worldwide solar energy services provider and subsidiary of MEMC Electronic Materials, Inc., announced the activation of a 25 Megawatt (MW) solar photovoltaic (PV) power plant located within a multi-developer, multi-facility solar park at Charanka village in Patan district, Gujarat, India.
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