Headlines


Lava Iris X5 could launch with 5-inch display and 8 GB internal memory
August 19, 2014
Lava Mobiles after the successful launch of the Iris X1 could continue the series of new phone under the series. According to the data from Zauba, the company has imported 20 pieces of "Iris X5" which is a dual sim handset with 8 GB internal memory and 5 inch display screen.

Applied Optoelectronics to Participate in Upcoming Investor Conferences
August 19, 2014
SUGAR LAND, Texas, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (Nasdaq:AAOI), a leading provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, today announced that it will participate in two investor conferences in the month of September.

China's CETC to become partner of Ruselectronics in LED plant project in Tomsk
August 19, 2014
The China Electronics Technology Corporation (CETC) will become a participant in the project of Ruselectronics, which belongs to the state corporation Rostec, on the construction of an integrated light-emitting diode (LED) factory in Tomsk, a statement on Ruselectronics's website said.

MOSCOW August 19
August 19, 2014
- U.S. corporation Applied Materials has refused to supply equipment for the plant which will manufacture MRAM memory chips in Moscow, head of Russia's Rusnano corporation Anatoly Chubais said in an interview with Itar-Tass, to be published later on Tuesday.

GigOptix Inc agreed to acquire GSI Technology Inc
August 19, 2014
GigOptix Inc proposed to acquire GSI Technology Inc for US$178.7 million in cash and stock. Under the terms, the bidder will pay US$2 cash per share, issue US$1.33 bidder common stock, and a special dividend of US$3.17 payable in cash. The acquisition would allow the bidder to lead the semiconductor devices distribution sector. Located in Sunnyvale, California, United States, GSI Technology Inc designs and markets static random access memory integrated circuits. The transaction, subject to the negotiation of a definitive merger agreement, and receipt of necessary board, stockholder and regulatory approvals, as well as completion of a due diligence review of GSI Technology, is expected to close in the fourth quarter of 2014. The financial advisors in the deal include: Opus Bank for GigOptix Inc. The legal advisors in the deal include: Crowell & Moring LLP for GigOptix Inc.

Laws needed to protect information security
August 19, 2014
China must implement cyberspace laws to better protect information from the encroachment of information technology companies from US. China must implement cyberspace laws to better protect information from the encroachment of information technology companies from the United States, says an article on the website guancha.cn.

Global English (Middle East and North Africa Financial Network)
August 19, 2014
LEDified is heading aKickstarter campaignto fundEVAa product that revolutionizes the LED downlight design. With its goal of raising $100000 AUD LEDified is focused on delivering efficient reliable lighting in kitchens and other rooms in homes around the world.

Telefónica and Brocade Establish Benchmarks for NFV Deployment and Performance in Joint Reference Lab Tests; Brocade Vyatta 5600 vRouter adds new functionality to accelerate Network Functions Virtualisation (NFV) adoption
August 19, 2014
August 19, 2014SAN JOSE, Calif. - Telefónica (NYSE: TEF) and Brocade (NASDAQ: BRCD) have partnered to establish new benchmarks for the deployment and performance of Network Functions Virtualisation (NFV) solutions. The consistent results from testing have provided clear evidence that will fundamentally alter the performance range service providers can expect from virtualised, software-based networking infrastructure. The establishment of NFV benchmarks is part of a joint effort by both companies within the Telefónica NFV Reference Lab framework.

M&A Navigator: Deal pipeline - 19 August
August 19, 2014
The following is a list of deals covered in detail by M&A Navigator this week: - BANK OF MOSCOW BUYS 42.3% OF HALS DEVELOPMENT Russian commercial and residential real estate firm Hals Development OAO (MCX:HALS) announced that the Bank of Moscow had purchased about 4.7m shares in the company, equalling a stake of 42.27%. Status: Closed - KEMIRA, WILMAR DROP JV PLAN

Real-time passenger information system
August 19, 2014
Contract award: Real-time passenger information system (RTPI) supply, installation, commissioning and maintenance contract. The Key objectives of the RTPI sub-system and auxiliary components are to:


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