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Chukong Technologies secures new investment from Qualcomm
2014-12-12 15:03:36| Wireless - Topix.net
The mobile gaming firm Chukong Technologies is one of five Chinese companies to receive a share of $40 million in funding from Qualcomm Ventures. This is the first time that Qualcomm has dipped into a $150 million startup fund it established this year for innovators in the mobile and wireless market in China.
Tags: investment
technologies
secures
qualcomm
Enel Green Power secures $100m loan from Itaú Unibanco for windpower projects in Brazil
2014-12-12 01:00:00| Power Technology
Italian energy firm Enel Green Power has secured a $100m loan from Brazilain bank Itaú Unibanco to support more than 260MW of windpower constructions in Brazil.
Ericsson secures import ban on Xiaomi devices in India
2014-12-11 08:47:00| Telecompaper Headlines
(Telecompaper) An Indian court has halted imports of handsets from China's largest smartphone maker, Xiaomi, in response to a complaint from Ericsson that the Chinese firm was using Ericsson's technology but refusing to pay royalties. The High Court of Delhi said Xiaomi products wouldn't be allowed into India and Xiaomi's main distributor, online retailer Flipkart, wouldn't be allowed to sell Xiaomi products as the court waits to hear Ericsson's complaint, Dow Jones reports. Court documents showed that the next hearing on the case is scheduled for 05 February. Xiaomi's lawyers are still looking into the court's order to decide what it means and what it will do next, said Manu Jain, Xiaomi's India operations head. He said the company is working with Ericsson to resolve the matter amicably. Xiaomi launched its first smartphone in India in July and captured 1.5 percent of the Indian smartphone market in the third quarter, according to Counterpoint Research. Xiaomi's global vice president, Hugo Barra, said late last month that Xiaomi had sold more than 500,000 devices in India by October. Ericsson said it has tried for years to get Xiaomi to pay a licensing fee for Ericsson technology used in Xiaomi mobile devices.
Tags: india
import
devices
ericsson
Czech brewer Pivovary Lobkowicz secures control of Pivovar Rychtar
2014-12-10 15:56:00| Daily beverage news and comment - from just-drinks.com
Pivovary Lobkowicz has taken full control of fellow Czech brewer Pivovar Rychtár by acquiring the 30% stake it did not already own in the group.
Tags: control
czech
brewer
secures
Achates Power secures fifth OEM contract for opposed-piston 2-stroke CI engines; 3-cylinder configurations under test
2014-12-09 20:55:38| Green Car Congress
Tags: under
power
test
contract
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