Qimonda gets an emergency loan to stay alive
Memory chip manufacturer Qimonda has received an emergency loan worth around 325 million euro.
This would help them survive for the time being.
The company also has the option to tap into federal aid.
This rescue package has been arranged by German State of Saxony and Infineon which is the [...]

Samsung Electronics post impressive results
Samsung Electronics has posted impressive results. The company gained from improved sales of their LCD Panels and Mobile Devices.
The company’s net profit improved 37 percent compared to the same period last year. The sales were up 19 percent.
Market analysts said that this performance is especially good considering the weak prices for [...]