[By NBC-1TV H. J Yook] NASDAQ OMX Corporate Solutions today announced that its leading newswire, GlobeNewswire, will broaden its long-term partnership with China PRNews to bring global news distribution to Chinese companies. Through this agreement, China PRNews will offer GlobeNewswire's robust global distribution platform to its clients in China and provide Chinese companies with greater visibility opportunities outside of their market. The relationship between GlobeNewswire and China PRNews is longstanding – since 2006, they have collaborated on several initiatives to increase the visi
[By NBC-1TV E. H Kim]The LG Optimus L3, a compact smartphone with timeless style first introduced at Mobile World Congress (MWC) 2012 in Barcelona earlier this week, will get its European debut starting March. The Optimus L3 is the first model from the L-Style design series starting this year. LG Optimus L3 offers users an authentic experience compromising the style and practical technologies. L-Style’s elements, such as Modern Square Style and Harmonized Design Contrast with metallic accents, are revealed on the Optimus L3, emphasizing the premium design heritage born from LG’s design leaders
[By NBC-1TV E. H Kim]GM Korea Company announced today that it sold 10,277 vehicles in the domestic market and exported 52,682 vehicles in February. Total sales for the month were 62,959 units, which was an increase of 14.7 percent from the same month last year, when GM Korea sold domestically and exported 54,891 vehicles. GM Korea’s domestic sales in February registered a dramatic jump of 27.8 percent to 10,277 vehicles from the previous month. This was also an increase of 34.7 percent from 7,631 vehicles sold in February 2011. The growth in domestic sales was led by its competitive products s
[By NBC-1TV H. J Yook]LG Electronics (LG) unveiled its newest advanced wireless charger, WCD-800, at Mobile World Congress (MWC) 2012. The WCD-800 is designed in the shape of a cradle to allow to the phone to be positioned vertically to make video calls and send text messages or horizontally to view TV programs and HD movies while charging. “As smartphones become the defacto medium for consuming multimedia content and communicating, it is not unusual to find oneself having to recharge a phone a couple times a day,” said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communicati
[By NBC-1TV E. H Kim]The Open Mobile Alliance (OMA), an international specifications setting body, confirms the deployment of its device management (DM) mobile service enablers in 1.4 billion mobile phones and connected devices worldwide. The one billion deployment milestone was first predicted by industry analyst firm Ovum, stating in a 2010 report that OMA DM would achieve one billion deployments by the end of 2011. This new number, verified through OMA member company deployments, far exceeds the original prediction. This achievement demonstrates the role of OMA DM standards in the ease and
[By NBC-1TV E. H Kim]The Z-Wave Alliance, the consortium behind the world's largest ecosystem of interoperable wireless control solutions, today announced that it has certified its 600th product. This major milestone solidifies its position as the leading consortium dedicated to Home Control and Smart Energy development. The 600th Z-Wave product is a Whole House Energy Meter designed to provide timely and accurate consumption data. When installed, this meter can monitor accumulated energy usage and instantaneous demand data kWh/kW for single-phase and two phase circuit installations. This info
[By NBC-1TV E. H Kim]SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced it has entered into a definitive agreement to acquire Thomson Reuters PORTIA business, an industry leading middle-to-back office investment operations platform, for $170 million. The transaction is scheduled to close in the second quarter of 2012, subject to regulatory approval and satisfaction of customary closing conditions. PORTIA provides a broad set of middle-to-back office capabilities that allow investment managers to track
[By NBC-1TV E. H Kim]Intel Corporation (Nasdaq:INTC) and Micron Technology, Inc. (Nasdaq:MU), today announced that the companies have entered into agreements to expand their NAND Flash memory joint venture relationship. The agreements, which are designed to improve the flexibility and efficiency of the joint venture, include a NAND Flash supply agreement for Micron to supply NAND products to Intel and agreements for certain joint venture assets to be sold to Micron. Under terms of the agreement, Intel is selling its stake in two wafer factories in exchange for approximately $600 million—