SYDNEY--18 Mar--AsiaNet/InfoQuest
TOYOTA LAY-OFF
The following statement was issued today by United Auto Workers (UAW) Local
2244 President Sergio Santos on the proposed closure of Toyota's NUMMI auto
plant in California and the status of the severance negotiations for NUMMI's
workers: On Wednesday March 17, 2010, the members of UAW Local 2244 will
most likely vote to accept a severance pay package offered by Toyota.
TELEGENT TELEVISION
Telegent Systems, the company that makes television mobile, today announced
that Telegent's analog mobile TV receiver is shipping in Samsung's Star TV
S5233T handset, recently launched in Southeast Asia. With this handset, Samsung
adds free-to-air TV to one of its most popular touchscreen models, providing
Southeast Asia consumers with mobile access to live, free TV
content.
www.telegent.com
GREEN TYRES
Pirelli presents Scorpion Verde, the first high-performance eco-friendly
tyre for SUVs and Crossovers at the Idiada International Testing Circuit in
Barcelona (Catalonia). Scorpion Verde boasts new materials and a new structure
guaranteeing steady performance throughout the tyre's life, lower noxious
emissions, noise reduction, running economy, shorter braking distances, and
comfort.
http://www.pirellityre.com
TPI HUB
Information Services Group, Inc. (ISG) (Nasdaq: III, IIIIU, IIIIW), an
industry-leading information-based services company, announced that its
business unit TPI, the largest sourcing data and advisory firm in the world,
today signed an extension of its agreement to help Huaqiao become the hub of
financial services outsourcing in China.
www.tpi.net
www.informationsg.com
DIVX DOWNLOAD
DivX, Inc. (Nasdaq: DIVX), a leading digital media company, today announced
that the latest version of the Company's flagship video software package, DivX
Plus(TM) Software, is now available as a free download for Windows 7, Vista and
XP on the Company's website at http://www.divx.com/software/divx-plus.
http://www.divx.com/software/divx-plus
SILICON SUPPLIER
The Soitec Group (Euronext Paris), the world's leading supplier of
engineered substrates for the microelectronics industry, announced today that
the company has entered into an agreement to supply silicon-on-insulator (SOI)
substrates to CSMC Technologies Corporation ("CSMC"), a leading pure-play
specialty analog foundry based in China.
http://www.soitec.com
HOUSING OUTLOOK
Housing activity is expected to rebound later this year but at a slower pace
than previously projected according to the March 2010 Economic Outlook released
today by Fannie Mae's (NYSE: FNM) Economics & Mortgage Market Analysis Group. A
surprising drop in new and existing home sales disappointed,
but the setback is viewed as temporary with gains expected in the second
quarter then trending up on a sustainable basis by year end.
www.fanniemae.com
RISK MANAGEMENT
Object Trading, a leading infrastructure provider for high-performance
trading, today announced it has successfully completed the roll out of its
latest enhancements to its FrontRisk Interactive In-Line Risk Management
solution to its sell side customers. Already a value-added component of Object
Trading's FrontRunner Direct Market Access (DMA) platform, FrontRisk is aimed
squarely at addressing the market need for ultra low latency without
compromising risk management control.
www.objecttrading.com
WIRELESS COLLABORATION
The ZigBee(R) Alliance and the Wi-Fi Alliance(R) announced today an
agreement to collaborate on wireless home area networks (HAN) for Smart Grid
applications. The initial focus of the collaboration will be ZigBee Smart
Energy 2.0, which is the next-generation energy management protocol for Smart
Grid-enabled homes based on today's successful ZigBee Smart Energy Profile.
http://www.ZigBee.org
www.wi-fi.org
MEDICAL EXPOS
Varian Medical Systems, Inc. (NYSE: VAR), the world's leading manufacturer
of medical technology for treating cancer with radiotherapy and radiosurgery,
will showcase its technology at two medical events in Asia during the month of
March: The 13th Asian Oceanian Congress of Radiology in Taipei (AOCR), March
20-23, and the 22nd International Medical Instruments & Equipment Exhibition in
Beijing (ChinaMed), March 26-28.
http://www.varian.com
FANNIE MAE REDEMPTION
Fannie Mae will redeem the principal amount of MTN securities issues
amounting to a total of US$175 million on March 29, 2010 at a redemption price
equal to 100 per cent of the principal amount redeemed plus accrued interest.
AsiaNet is a consortium of leading news agencies distributing unedited,
translated news releases for worldwide clients.
Visit www.asianetnews.net or asianetnews.asia for full-text versions.