Microsoft expanding investment in S.Korea
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Microsoft&#039;s chief executive announced expanded investments and projects in South Korea on Thursday, describing the country as a global high-tech leader even as the U.S. software company presses ahead with a legal challenge over an antitrust ruling.
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Posco, South Korea&#39;s biggest steelmaker, is likely to report its ninth consecutive quarter of profit growth, helping fund expansion in China, India and Brazil as the company tries to diversify sales and secure raw materials.
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SEOUL Samsung Electronics announced on Monday that it would be investing 25 trillion won in new chip production lines in the next six years, a move that it expects will create 10,000 jobs.
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South Koreaâs industrial output rose in April, helped by increased exports of chips and cars. Manufacturing production jumped 3.1 percent from March, the largest gain in seven months, the National Statistical Office said. Output rose 6.7 percent from a year earlier. Corporate investment in factories surged 15.6 percent in April from a year earlier, the biggest gain since September 2006, the report showed. The figures also showed an index of economic indicators climbed 5.1 percent in April from a year earlier after rising 4.9 percent in March.
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SEOUL South Korea&#39;s industrial production climbed in November, the government said Wednesday, as exports of cars, computer chips and cellphones surged.
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South Korean regulators have widened a probe into Microsoft&#39;s local subsidiary over allegations the US software giant violated trade rules by tying its Media Player program to its Windows operating system, the regulators said Monday.
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South Korea is to boost state spending next year in an effort to create jobs and kick-start its sputtering economy.
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eBay Inc.  offered about &#36;530 million to buy the remainder of South Korean affiliate Internet Auction Co. Ltd. as it pushes deeper into Asia, saying key shareholders had accepted a 79 percent increase to an earlier offer.
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SINGAPORE: Microsoft Corp is expanding its community and economic development programmes in Asia as part of its global campaign to give poor people access to computers, the US software giant&#39;s chief executive said last Thursday.
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Seoul - South Korea&#39;s Samsung Electronics Company, the world&#39;s largest memory chipmaker, said Monday it would invest some R136.5 billion in building new chip production lines over the next six years.
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BANGALORE, India - Intel Corp. said Friday (Nov. 19) it is considering additional investments in the tens of millions of dollars to expand its research and development efforts in India.
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Microsoft is getting more serious about investing in R&amp;D, according to Booz Allen Hamilton&#39;s&#160;annual study&#160;of the world&#39;s largest corporate R&amp;D spenders.Microsoft ranked 7th on the list for 2006, up a notch from 2005. The company devoted $6.58 billion to&#160;R&amp;D&#160;in 2006, up 6.5 percent from the year before and representing 14.9 percent of 2006 sales.Toyota topped the list with $7.7 billion in R&amp;D spending and Merck invested the most in R&amp;D as a percentage of sales among the top 20 companies, at 21.1 percent.Rounding out the list among IT vendors were Siemens, which fell from No. 6 to No. 9, investing in $6.3 billion for 2006; IBM, which fell from 9th to 10th even though its $6.1 billion in&#160;R&amp;D spending&#160;was up 4.5 percent from the year before; Samsung, which stayed in 11th place with $5.9 billion; Intel, which stayed at 12th and spent $5.8 billion on R&amp;D; Matsushita, which fell from 15th to 17th and spent $4.99 billion on R&amp;D in 2006; and Nokia, which fell from 17th to 18th, as its $4.89 billion in R&amp;D spending represented just a 1.9 percent increase from 2005.Overall, R&amp;D spending news was positive, according to Booz Allen, which monitors the 1,000 top corporate R&amp;D spenders worldwide. The dollar increase in R&amp;D investment in 2006 compared with 2005 was twice the increase from 2004 to 2005. North American companies led the way, with spending up 13 percent.R&amp;D spending growth also caught up to sales growth among the top 1,000 companies for the first time in four years.Check out Network World&#39;s&#160;Alpha Doggs blog&#160;for the latest in network research at universities and other labs.Network World is an InfoWorld affiliate.
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SEOUL EBay on Wednesday offered to buy the remainder of Internet Auction, its South Korean affiliate, for about $530 million, in seeking to further expand its presence in Asia.
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A group of investors, including Donald Trump Jr., plan to invest $3 billion to develop Yeongjong Island in Incheon, a Korean legislator has said, part of a government project to create a Northeast Asian logistics hub.
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SEOUL, South Korea -- South Korean President Roh Moo-hyun said Monday his government will seek to increase investment and make selective tax cuts in an effort to maintain a 5 percent annual economic growth rate.
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Korean chipmaker Samsung says it will invest 25 trillion won building new chip production lines over the next six years.
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(InfoWorld) - Microsoft Corp. will invest in Chinese electronics maker Sichuan Changhong Electric Co. Ltd. as part of a project to link televisions and consumer entertainment devices with the Internet. Microsoft China agreed to buy 15 million newly issued Changhong shares at a price of 6.27 renminbi per share, according to a Changhong filing (in Chinese) with the Shanghai Stock Exchange. Microsoft's planned stake in the company is worth 94.1 million renminbi (US$12.3 million). Changhong's announcement follows an agreement between the two companies, signed Friday, to cooperate on a project called Media Galaxy. The goal is to develop, manufacture, and sell televisions, computers and digital entertainment products that connect to the Internet, Changhong said. It did not offer further details. Terms of the investment deal require Microsoft to hold on to its Changhong shares for at least three years.