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Updated: 2 weeks 4 days ago

Samsung Eyes Chinese Flourishing Market for Chip Plant

Wed, 01/04/2012 - 13:20

There is no doubt that Chinese market is ideal for chip manufacturing, and that is why it has been getting the attention of many such companies. Eyeing growth in the same segment, Samsung Electronics Co. would soon be venturing there to open a flash memory chip plant.

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Categories: UAE Business

New LG Teaser for 55-Inch OLED TV

Mon, 01/02/2012 - 12:57

There has recently been the launch of more teaser images of the new 55-inche screen OLED screen HDTV by LG. The newest model sure looks enigmatic with the unbelievably large size and clarity levels achieved.

It has an exclusive color refiner technology, with 4 color pixels. This new technology would be able to provide more appropriate colors on the screen and make it an even bigger treat for the eyes.

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Categories: UAE Business

HP to make strong performance at GITEX

Sun, 10/16/2011 - 04:30

Salim Ziade and Amin Mortazavi, the general managers of HP's Personal Systems Group (PSG) and Imaging and Printing Group (IPG) said that GITEX has made Dubai as a gateway and hub for Middle East IT. The event is promoting Dubai as a top technology hub offering opportunities to industries and entrepreneurs from worldwide.

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Categories: UAE Business

Seagate Offers Multimedia Storage Hub

Thu, 10/13/2011 - 13:50

In a bid to revolutionize the digital media, Storage Vendor Seagate has made its foray into the market, as it has earthed a multimedia storage hub for the home, Goflex Cinema.

Told to be available in varying capacities like 1TB, 2TB and 3TB, the Goflex Cinema is said to provide a totally transformed experience on television. The only thing one has to do is to plug in the device and simply enjoy the digital entertainment.

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Categories: UAE Business

Air Canada Union Steps Back From Brink on Strike

Thu, 10/13/2011 - 11:34

Wednesday escorted good news for Air Canada, the largest Canadian airline, as its rebellious flight attendants disregarded their scheduled strike. The decision was made just hours ahead of the planned launch of strike, after a labor board stepped into the clash on direction of the Federal Government.

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Categories: UAE Business

Dubai Duty Free sales surges During September

Fri, 10/07/2011 - 05:03

Dubai Duty Free saw significant surge in sale during the month of September with the total sales reaching AED3.78bn ($1.036bn). The figures represents 16 per cent rise in sale of Dubai Duty Free as compared to corresponding period last year.

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Categories: UAE Business

Sony secure Abu Dhabi fund’s support

Fri, 10/07/2011 - 02:09

Abu Dhabi’s investment fund would support the UK music company Sony for the final bid for EMI, according to information gathered from people close to Citibank’s $3.5bn-$4bn auction. The move would strengthen the financial position of Sony making it top competitor of bidders including BMG Music Publishing, Ronald Perelman’s MacAndrews & Forbes group, Universal Music and Len Blavatnik’s Warner Music.

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Categories: UAE Business