electronics
Hanjin Shipping secures $45 million, more may take ‘considerable time’
September 13, 2016 by publisher · Leave a Comment
SEOUL/SYDNEY (Reuters) – The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take “considerable time”. The parent of Hanjin Shipping pledged last week to raise 100 billion won to help …
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Hanjin Shipping secures $45 million, more may take ‘considerable time’
electronics
Japan’s Renesas pushes into autos with $3.2 billion Intersil buy
September 13, 2016 by elegant · Leave a Comment
By Makiko Yamazaki TOKYO (Reuters) – Renesas Electronics Corp on Tuesday said it has agreed to buy U.S. chipmaker Intersil Corp for $3.2 billion, an all-cash deal that bolsters the Japanese group's efforts to refocus the company around automotive chips. Renesas, created from the semiconductor units of several Japanese companies, has amassed a significant war chest since a state fund and key clients …
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Japan’s Renesas pushes into autos with $3.2 billion Intersil buy
electronics
Hanjin Shipping gets U.S. court order, cash to unload ships
September 10, 2016 by creative · Leave a Comment
South Korea's Hanjin had asked U.S. Bankruptcy Judge John Sherwood to issue an order to prevent creditors from seizing Hanjin ships or property, and to allow cargo owners to make arrangements to retrieve goods stranded in warehouses. Earlier, the company received authority to spend money needed to dock at U.S. ports and begin unloading four vessels that have been stranded …
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Hanjin Shipping gets U.S. court order, cash to unload ships
electronics
U.S. tells consumers to stop using fire-prone Samsung phones
September 10, 2016 by elegant · Leave a Comment
By Se Young Lee and Jeffrey Dastin SEOUL/NEW YORK (Reuters) – A U.S. government safety agency on Friday urged all consumers to stop using Samsung Galaxy Note 7 phones, which are prone to catch fire, and top airlines globally banned their use during flights. Following reports that the phones' batteries have combusted during charging and normal use, the…
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U.S. tells consumers to stop using fire-prone Samsung phones