Industry News

TTM Technologies, Inc., a leading global printed circuit board manufacturer, today announced that members of its management team will present at the following investor conferences:. The Drexel Hamilton Technology, Media& Telecom Conference in New York City at the W Hotel on September 7 th, 2016 at 2:40pm Eastern Time; and The Deutsche Bank Leverage Finance Conference in Scottsdale, Arizona at the Phoenician on September 27 th, 2016 at 4:55pm Pacific..."/>
TTM Technologies, Inc. Announces Upcoming Conference Participation
ChipMOS TECHNOLOGIES LTD., an industry leading provider of outsourced semiconductor assembly and test services, today announced that its shareholders have approved the merger of ChipMOS with and into ChipMOS TECHNOLOGIES INC., a company limited by shares incorporated under the laws of the Republic of China and a 58.3% directly owned subsidiary of ChipMOS as of January 21, 2016, with ChipMOS Taiwan being the surviving..."/>
UPDATE: MERGER APPROVED BY SHAREHOLDERS OF ChipMOS AND ChipMOS TAIWAN
Cypress Semiconductor Corporation announced on Thursday the appointment of Hassane El-Khoury as its president, chief executive officer and a member of its board of directors. Before joining Cypress in 2007, El-Khoury served in various roles with Continental Automotive Systems in the US, Germany and Japan. Prior to Continental, he earned his bachelor's of science degree in electrical engineering from Lawrence Technological University in Michigan and his master's degree..."/>
Cypress appoints Hassane El-Khoury as president and CEO
Intermap Technologies Corporation today reported financial results for the second quarter ended June 30, 2016. A conference call will be held today, August 12 th, at 11:00 a.m. Eastern Time to discuss the results. All amounts in this news release are in United States dollars unless otherwise noted. Intermap reported total revenue of $0.9 million for the second quarter of 2016, a 20% increase from $0.7 million in the second quarter of 2015. The majority of..."/>
Intermap Technologies Reports 2016 Second Quarter Financial Results
Intermap Technologies Corporation today reported financial results for the second quarter ended June 30, 2016. A conference call will be held today, August 12 th, at 11:00 a.m. Eastern Time to discuss the results. All amounts in this news release are in United States dollars unless otherwise noted."/>
Intermap Technologies Reports 2016 Second Quarter Financial Results
KongZhong Corporation, a leading online games publisher and developer in the PRC, announced that the Company and its affiliate, Beijing AirInbox Information Technologies Company Limited have executed a letter agreement Wargaming.net Limited on August 6, 2016.. In August 2010, Kong Beijing entered into a "World of Tanks" licensing agreement with Wargaming.Net LLP, which granted Kong Beijing the exclusive right to copy, distribute, operate and..."/>
KongZhong Corporation Signs Agreement with WGN regarding World of Tanks: Blitz and Iron Storm
MoneyTV with Donald Baillargeon, 8/12
Technical Communications Corporation on Thursday reported a net loss of USD931, 000, or USD0.51 per share, for the three months ended 2 July 2016.. This was a decline over a net loss of USD134, 000, or USD0.07 per share, in the corresponding three month of the prior year. Revenues for the quarter were USD581, 000, as compared with USD1, 756,000 in the corresponding quarter of 2015.."/>
Technical Communications widens loss in quarter ended 2 July 2016
UTStarcom, a global telecommunications infrastructure provider, today reported its unaudited financial results for the second quarter ended June 30, 2016.. Tim Ti, UTStarcom’ s Chief Executive Officer, stated,“ We are glad to report a solid quarter with revenues at the high end of our expectations, gross margin above forty percent, and non-GAAP net profitability. We expect relatively soft demand in second half of 2016 due to seasonality but continue to see..."/>
UTStarcom Reports Unaudited Financial Results for the Second Quarter of 2016
Internet usage picks up in rural India [Mint, New Delhi]
Aditya Birla Nuvo Ltd and Grasim Industries Ltd, both of which also serve as holding companies, in an attempt to create a stronger entity, and unlock shareholder value by spinning off and listing one of Nuvo's subsidiaries, Aditya Birla Financial Services Ltd, reported Mint."/>
Deals Buzz: GoJavas deal swings in favour of Pigeon Express [Mint, New Delhi]
Aditya Birla Nuvo Ltd on Friday tanked close to 25% as analysts and minority investors disapproved of its proposed merger with Grasim Industries Ltd that is not only complicated in its structure but also unconvincing on several other elements including the valuations of the holding company and its disadvantage to minority shareholders. Grasim declined close to 8.5%. Both the stocks saw their biggest single-day fall in eight years, Bloomberg data showed."/>
Aditya Birla Nuvo plunges 25%, Grasim falls 8% after merger announcement [Mint, New Delhi]
Nokia and China Telecom have signed an agreement to expand the deployment of 4 G technology in 19 provinces in China, allowing China Telecom to enhance coverage and capacity as well as the quality of experience for subscribers, while paving the way toward..."/>
Nokia and China Telecom enhance 4G coverage and capacity in China
CoreLogic's first-half homebuying report:. 1. 267 homes sold vs. 222 in first six months of 2015.. That's an increase of 20.27 percent vs. a year ago compared to a gain of 2.4 percent countywide in the same period."/>
BRIEF: Cypress homebuying: 5 things you should know [The Orange County Register]
Rural India getting online faster: BCG report [Mint, New Delhi]
PVR Ltd started his career by following his passion for movies with a..."/>
Take risks, follow your passion: Insights from business chiefs [Mint, New Delhi]
Intel Capital, the venture capital investment arm of chip maker Intel Corp., is going slow in investing in Indian start-ups as part of a change in strategy, said two persons aware of the development. "The move is in line with the company's overall strategy of restructuring, where it has decided to slim down operations," said one of the two persons, requesting anonymity as he isn't authorized to speak to the media. The US will continue to be a prime market for Intel Capital,..."/>
Intel Capital going slow on India start-up investments [Mint, New Delhi]

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