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Company News
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Avolites Media Sapphire Media Infinity Video Control System Has Been Awarded The PLASA
Dec 11, 2012UK-The Avolites Media Sapphire Media Infinity video control system has been awarded the prestigious PLASA Award for Innovation. During this year's PLASA show at Earl's Court in September,47 products were judged,'live'in front of show ...
Tags: UK, Sapphire Media Infinity, PLASA Award
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Korail Marked Successful Completion of '100 Fault Free Days' with KTX-Sancheon Trainsets
Dec 11, 2012National train operator Korail marked the successful completion of'100 fault free days'with its latest five KTX-Sancheon trainsets by presenting a certificate to manufacturer Hyundai Rotem on December 7. The five additional trains put ...
Tags: Korail, KTX-Sancheon, 100 fault free days, Hyundai Rotem
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Samsung Has Improved Its Market Lead Over Rival "Smart Connected Device" Manufacturer
Dec 11, 2012Samsung has improved its market lead over rival "smart connected device" manufacturer Apple, according to an IDC report. The Korean firm saw its share of the PC, tablet and smartphone market grow by 27 per cent year-on-year in the third ...
Tags: Samsung, Sales, device market
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Imagination Technologies Agreed to Buy MIPS Technologies for $60m
Dec 11, 2012The transaction is expected to close in the first quarter of 2013 UK based chip manufacturer for phones and tablets, Imagination Technologies has agreed to buy California-based chip designer, MIPS Technologies for $60m to compete ...
Tags: transaction, patent property, CPU capability, expansion
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Devrp Has Warned That Its Full-Year Operating Profit Will Likely Miss Forecasts
Dec 11, 2012UK sausage-skin maker Devrp has warned that its full-year operating profit will likely miss forecasts. The company blamed higher input costs and the negative impact of currency exchange, due to a weak Czech crown. Nevertheless, the ...
Tags: Profit Warning, operating profit, productivity initiatives
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Few Redesigns Are Received with as Much Fanfare in The Automotive Industry
Dec 11, 2012Few redesigns are received with as much fanfare in the automotive industry as a new Chevrolet Corvette. Self-proclaimed as America's sports car, the Corvette has been an icon and inspiration since 1953. As the hype machine begins firing on ...
Tags: Chevrolet, automotive, Chevrolet Corvette, sports car
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Dia Has Recorded an Increase in First-Half Profit
Dec 11, 2012Spanish discount retailer Dia has recorded an increase in first-half profit, boosted by a "good business performance" in Iberia, Argentina and Brazil. Net earnings in the six-month period amounted to EUR61.7m (US$75.8m), an 18.5% increase ...
Tags: Net profits, Sales increase, net sales
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Suzuki's American Automotive Arm Will Go Through Chapter 11 Bankruptcy Proceedings
Dec 11, 2012Suzuki has announced that its American automotive arm will go through Chapter 11 bankruptcy proceedings, making it the latest automaker to withdraw from this market. Impact on current car owners is promised to be minimal, but it does raise ...
Tags: Suzuki, bankruptcy, automotive, American Suzuki Motor Corporation
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Harris Teeter Has Booked a Mix Set of Figures in The Q3, Hit by Its Recent M&a Activity
Dec 11, 2012US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
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IBM and Five Russian Companies Signed a Collaboration Agreement to Foster Research
Dec 11, 2012Big Blue joins up with five Russian businesses to create a new Electronics Technology Center to be housed at the Skolkovo Innovation City IBM and five Russian companies, Skolkovo Foundation, Rusnano, Rostelecom, Russian Venture ...
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Danone Is to Expand Its Baby Food Manufacturing Facility in Wexford
Dec 11, 2012Global dairy and food giant Danone is to expand its baby food manufacturing facility in Wexford. Danone has secured EUR20m (US$25m) in funding from Enterprise Ireland for the investment, which is expected to create around 45 jobs. The ...
Tags: Baby Food, dairy and food, European market
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Broadcom Introduced New System on a Chip Devices
Dec 11, 2012The new devices delivers an additional 70% reduction in power consumption while networks are active and up to 95% during downtime Semiconductor company Broadcom has introduced new System on a Chip (SoC) devices which can deliver the ...
Tags: energy consumption, SoC devices, high-bandwidth connectivity
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Avnet Agreed to Acquire The Magirus Group
Dec 11, 2012The acquisition will expand Avnet's suite of applications in high-growth technologies in EMEA Region Electronic components, connectors and technology applications provider Avnet has agreed to acquire the Magirus Group, a pan-European ...
Tags: acquisition, applications in high-growth technologies, expansion
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Dorset Cereals Has Entered a Niche Market with The Launch of A Line of Breakfast Pots
Dec 11, 2012UK cereal maker Dorset Cereals has entered a niche market with the launch of a line of Breakfast Pots. This is the newest addition to the cereal maker's portfolio and proves innovation has been high on the firm's agenda, with the company ...
Tags: Breakfast Pots, variants, Dorset Cereals
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ASUS Introduced a New Intel Certified Motherboard, P8zZ77-V PREMIUM
Dec 11, 2012P8Z77-V PREMIUM features the new Thunderbolt connection interface Computer hardware and electronics company ASUS has introduced a new Intel certified motherboard, P8Z77-V PREMIUM that offers the new Thunderbolt connection interface. ...
Tags: new intel certified motherboard, Thunderbolt connection interface, ASUS
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