Acer establishes $260M Internet venture fund
Taiwan's Acer Group has announced an aggressive move into venture capital with the establishment of a fund that will target information technology companies in the Asia-Pacific region and North America.
Taiwan's Acer Group has announced an aggressive move into venture capital with the establishment of a fund that will target information technology companies in the Asia-Pacific region and North America.
Asia Global Crossing, which is in the process of building a pan-Asian undersea fibre optic cable, last week took a big step towards serving one of Asia's major Internet markets with the signing of a landing deal with Dacom, a major data communications service provider in South Korea.
The launch of Sony PlayStation 2 is proving to be a big boost to the digital versatile disc (DVD) Video market in Japan, which has seen lacklustre sales ever since the format was launched in Japan three years ago.
Just as Sony rolled DVD Video player functions into its recently launched PlayStation 2 (PS2) games console to give it a double role, the company has announced it hopes others will soon start building support for PS2 gaming into their consumer electronics products.
Hitachi has unveiled a range of new high-capacity flash memory cards including the industry's highest-capacity yet Compact Flash (CF) card.
Two of the world's major computer memory manufacturers, Toshiba and SanDisk, have announced plans to create a new semiconductor joint venture to produce flash memory chips.
Vendor notes strong competition in networking marketplace
Japan's Matsushita Electric Industrial Company has announced plans to launch products based on a higher-capacity, second-generation version of the DVD-RAM format, which is still battling for market acceptance against increasingly popular writable CDs.
Toshiba is claiming a breakthrough in hard-disk drive technology with the announcement of a new PC Card-based drive that boasts storage capacity of 2GB.
Cisco Systems' strong third-quarter results announced yesterday reflect the company's best year-on-year growth in three years as well as the networking equipment vendor's thirteenth consecutive quarter of growth, according to Cisco.
NEC has officially opened its newest chip manufacturing plant, a 78 billion yen ($US735.8 million) production line at its Yamagata factory in northern Japan that claims the title of the world's most advanced silicon wafer production facility.
A month after outlining a new internet-centric business plan, Toshiba president and CEO Taizo Nishimuro on Monday announced plans to step aside and leave the implementation of the plan in the hands of Tadashi Okamura, 61, currently president of Toshiba's Information and Industrial Systems and Services in-house company.
Brushing aside an embarrassing recall of utility discs shipped with its month-old PlayStation 2 game console, Sony Computer Entertainment (SCEI) yesterday forecast it will sell 10 million units of the new machine around the world in the 12 months starting from April.
Samsung Electronics has succeeded in shrinking to one quarter of its previous size a type of memory chip commonly used in mobile telephones and other handheld electronic devices, the company has announced.
With the Saturday morning clamour for PlayStation 2 (PS2) consoles continuing into this week and warnings from maker Sony Computer Entertainment (SCEI) about short-term shortages of units due to supply problems with memory cards, lucky owners are looking to the internet to make a quick buck.