Samsung wins approval for setting chip factory in China

Note: This section contains information in English only.
Source: BBC

Samsung Electronics got the approval from government for establishing chip manufacturing in China. Korea's Ministry of Knowledge and Economy announced it would insure security to prevent technology leaks. The new factory will specialize in manufacturing chips, MP3 players and tablets.

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Wed, 04 Jan 2012 17:01:56 GMT

Vernalis enters drug discovery deal with Genentech

Vernalis PLC announced it started collaboration with Roche Holding AG's unit Genentech in new drug discovery. Neither financial information of the deal nor any other details on planned drug discovery were provided. Vernalis focuses on curing diseases related to cancer and nervous system and said it will use the partnership to fund the research activities.

Thu, 05 Jan 2012 09:47:06 GMT

Greece may need additional fiscal measures

Greece may need extra fiscal measures to comply with 2011 budget requirements, said the government spokesman. Moreover, the interim government developed 'very specific' measures to pursue the goal of staying in the Euro Zone, the official added.

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