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KAIST develops wireless power transfer technology for high capacity transit

February 13, 2013 11:13 am | by EurekAlert! | News | Comments

The Korea Advanced Institute of Science and Technology (KAIST) and the Korea Railroad Research Institute (KRRI) have developed a wireless power transfer technology that can be applied to high capacity transportation systems such as railways, harbor freight, and airport transportation and logistics.

NKorea nuke test may offer intelligence windfall

February 13, 2013 10:50 am | by ERIC TALMADGE, Associated Press | News | Comments

North Korea's underground nuclear test shows it is making big strides toward becoming a true nuclear power. But the test may also reveal key clues the secretive nation might have hoped to hide about how close, or how far away, it is from fielding a nuclear weapon capable of striking the United States or its allies.

Test shows N. Korea's desire for nuclear status

February 12, 2013 10:24 am | by The Associated Press | News | Comments

North Korea's third nuclear test, carried out Tuesday, apparently reflects the country's intention to push the United States back into direct negotiations with it in an attempt to ensure security guarantees and recognition of the regime of leader Kim Jong Un from Washington, which Pyongyang calls its "sworn enemy."

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Japan proposes nuclear power cooperation to Saudi Arabia

February 11, 2013 10:46 am | by The Associated Press | News | Comments

Japan's trade and industry minister Toshimitsu Motegi on Saturday proposed providing Saudi Arabia with a range of assistance for the construction of nuclear power plants. The vice head of King Abdullah City for Atomic and Renewable Energy, Waleed Hussain Abulfaraj, Motegi suggested that the two countries sign a document to that end at an early date.

Zero4All provides glimpse into changing electronics industry

February 11, 2013 10:35 am | by The Associated Press | News | Comments

In one of the biggest business stories of this still-young year, the Dutch manufacturing company Philips recently announced the sale of its long-running consumer electronics division to the Japanese company Funai Electric. The news of the sale was an immediate hit with investors; Philips' stock values rose by two percent overnight.

Panasonic ups operation rate at Chinese air cleaner plant

February 8, 2013 9:39 am | by The Associated Press | News | Comments

Panasonic Corp. said Friday it has raised the operation rate of its air cleaner manufacturing plant in China's Guangdong Province by 50 percent in January from a year earlier after product sales more than doubled amid serious air pollution in the country.

Renesas earnings update

February 8, 2013 9:26 am | by The Associated Press | News | Comments

Struggling Japanese chipmaker Renesas Electronics Corp. on Friday widened its fiscal 2012 group net loss projection to 176 billion yen from an earlier 150 billion yen due to sluggish chip demand amid the stagnant global economy.

Google must extend payments across Europe for use of content

February 7, 2013 2:02 pm | News | Comments

Google Inc must extend its offer made last week to pay French publishers for use of their content to all media companies across Europe, the head of the European Publishers Council said on Thursday.

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Sony earnings update

February 7, 2013 11:57 am | by The Associated Press | News | Comments

Sony Corp. on Thursday reported a group net loss of 50.87 billion yen in the April to December period, compared to a wider loss of 201.45 billion yen a year earlier, and retained its outlook to return to profitability for the full year through March, reflecting the effects of restructuring efforts and the weakening yen.

Haier to set up R&D center in Saitama

February 7, 2013 11:40 am | by The Associated Press | News | Comments

Haier Group Corp., a leading Chinese consumer electronics manufacturer, plans to establish a research and development center in Kumagaya, Saitama Prefecture, possibly in 2014, company officials said Thursday.

Samsung phone battery catches fire, injures man

February 7, 2013 11:36 am | by The Associated Press | News | Comments

South Korean fire officials say a man suffered burns after the battery from a Samsung smartphone caught fire in his trouser pocket. Officials at Bupyeong Fire Station in Incheon city said Wednesday the lithium-ion battery was not in the phone when it caught fire. Such batteries are quick to charge but prone to overheating.

UK's space age Antarctic base can slide across ice

February 6, 2013 8:56 am | by The Associated Press | News | Comments

Researchers say that Britain's new Antarctic base will be movable - capable of sliding across the ice on ski-clad stilts. The innovation will enable researchers to keep one step ahead of the southern continent's shifting ice and pounding snows. The British Antarctic Survey says that the Halley VI Research Station

Microsoft and Huawei launch phone for Africa

February 5, 2013 11:15 am | by The Associated Press | News | Comments

Chinese phone maker Huawei and Microsoft are combining forces to sell a new smartphone in Africa, which they say is the world's fastest growing mobile phone market. The two companies launched the Huawei 4Afrika Tuesday. The phone runs Windows Phone 8 and comes pre-loaded with applications designed for the African market.

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Hitachi cuts earnings outlook on slowing growth in Asia

February 4, 2013 11:00 am | by The Associated Press | News | Comments

Hitachi Ltd. said Monday it has revised down its group earnings outlook for the current business year through March due to the continuing economic slump in Europe and slowing growth in emerging markets including China and India.

Environment Ministry seeks delay in TEPCO thermal power

February 4, 2013 10:54 am | by The Associated Press | News | Comments

The Environment Ministry has asked the industry ministry to have Tokyo Electric Power Co. postpone its plan to hold a tender to choose suppliers of electricity generated by coal-fired thermal plants, sources close to the matter said Monday.

North Korea threatens US over rocket launches

February 4, 2013 10:32 am | by The Associated Press | News | Comments

North Korea is threatening to retaliate for what it calls U.S. double standards over recent rocket launches by Pyongyang and U.S. ally Seoul. A North Korean Foreign Ministry spokesman did not elaborate on what that might entail in his comments Saturday to the official Korean Central News Agency.

Tremors, gases will be best proof of NK nuke test

January 31, 2013 12:05 pm | by George Jahn & Hyung-Jin Kim, Associated Press | News | Comments

With North Korea appearing set to detonate an atomic device, the U.N. agency that detected two previous tests says it is prepared to confirm an explosion when it takes place. But experts say it might be difficult to establish whether the blast is nuclear in nature.

NY Times says Chinese hacked paper's computers

January 31, 2013 11:38 am | by The Associated Press | News | Comments

The New York Times says Chinese hackers repeatedly penetrated its computer networks over the past four months, stealing reporters' passwords and hunting for files on an investigation into the wealth amassed by the family of one of China's leaders.

Shinetech Software brings Intershop e-Commerce to China

January 30, 2013 10:11 am | by The Associated Press | News | Comments

Intershop today announced its partnership with Shinetech Software, Inc., a leading agile application development outsourcing provider, to bring China's retail market the leading e-commerce multi-channel platform.

Funai Electric to acquire audio operations of Philips

January 29, 2013 10:28 am | by The Associated Press | News | Comments

Funai Electric Co. said Tuesday it will acquire the audio equipment businesses of Royal Philips Electronics later this year so it can expand its product range and improve its performance. The Osaka-based consumer electronics maker will acquire all shares to be floated by a new company that the Dutch maker will set up in the April-September period.

Confirming North Korean nuclear test almost impossible

January 29, 2013 10:10 am | by HYUNG-JIN KIM, Associated Press | News | Comments

North Korea appears all set to detonate an atomic device, but confirming the explosion when it takes place will be virtually impossible for outsiders, specialists said Tuesday. The best indication of a test will be seismic tremors and abnormal radiation in the air, but even that can be masked if North Korea wants to.

Mitsubishi to operate megasolar power plants in Fukushima

January 28, 2013 10:28 am | by The Associated Press | News | Comments

Mitsubishi Corp. said Monday it plans to start operating two mega solar power plants in Fukushima Prefecture from August 2014. With their combined output planned to reach 18,000 kilowatts, the plants in the city of Iwaki can sustain some 7,000 households, according to the major trading house.

Demand for flat screen TV continues to surge across Southeast Asia

January 25, 2013 12:10 pm | by GFK | News | Comments

The constant evolution and innovation in the world of TV technology have been successfully fueling consumer demand and driving consistent growth in the industry over the last few years. In the Southeast Asia region, flat panel TVs have continued to register a surge in demand in 2012, selling over 8.3 million units in the first eleven months of the year...

Japanese gov't fund wants to merge lithium-ion business

January 25, 2013 11:54 am | by The Associated Press | News | Comments

A state-backed corporate turnaround fund is encouraging Sony Corp., NEC Corp. and Nissan Motor Co. to merge their lithium-ion battery businesses in the face of intensifying international competition, sources close to the matter said Friday.

Toshiba, GE to set up joint venture for thermal power generation

January 24, 2013 11:23 am | by The Associated Press | News | Comments

Toshiba Corp. and General Electric Co. of the United States have agreed to set up a joint venture by the end of the year for the development and sales of a high-efficiency thermal power system, the Japanese electronics giant said Thursday.

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