Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.
Asia/Pacific
EGoM to settle price band for Neyveli stake sale
EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.
Xiao becomes gray after IPO freeze in China
China Stock Market top regulator Xiao Gang attended a meeting in July with gray hair which sparked debates if he was overwhelmed with challenges confronting Asia's worse stock market or he has just ceased in dying his hair.
Wellington joins 4G party through Vodafone
Vodafone upgraded the New Zealand capital's wireless networks to 4G technology. Suburbs in many countries all over the world have been revolutionized by the 4G (4th generation) wireless technology.
Smartphone vendors not a fan of 8-core
Smartphone sellers in Taiwan expressed their concern over 8-core platforms and its effect on the quad-core dominated market.
Latest News
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
Huawei is set to reach its target of 10% revenue growth for this year, analysts reported. Huawei's midyear report suggests that the Chinese company is set to hit its target mark of 10% revenue growth this year.
Recent quarterly reports said that HTC declined for the 8th consecutive quarter. After a failed attempt to promote its business, HTC Corporation forecast a huge decline in its latest quarterly report.
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.
Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.
Sony would team up with Panasonic to make the newest installment optical drive storage. Today, Sony announced that it would partner with Panasonic to make the newest installment optical drive storage.
Soilbuild Group Holdings Ltd announced that they are targeting to raise US$507 million from an initial public offering.
Beijing Enterprises Holdings announced that they are set to acquire a 22.01% stake claim in China Gas Holdings Limited from their parent company, Beijing Enterprises Group Company Limited.
