Articles Related to joint venture

Nine years after dropping its CoreBuilder switch line, the Marlborough, Mass. Network equipment maker plans to ship data centre switches in July. Find out how they compare to Cisco Nexus

Japanese memory chip maker Elpida Memory Inc. and Taiwan's Powerchip Semiconductor Corp. have announced a broad plan to invest $16 billion over five years to build four new DRAM factories in Taiwan.

Users could see the end of rapid price declines for desktop motherboards and graphics cards as two of the world's largest motherboard makers announced plans to build a new company to combine production.

Sony Corp. and NEC Corp. have concluded a basic agreement to merge their optical-disc drive businesses into a new company, they said. The two companies hope to launch the new venture on April 1, 2006, which is the first day of the new financial year in Japan. Sony will hold a 55 per cent stake in the as-yet-unnamed company and NEC will hold the remaining 45 per cent stake, according to the terms of a memorandum of understanding signed by the companies.

Qualcomm Inc. and The Boeing Co.'s Connexion have joined forces to test in-flight mobile phone communications in a specially equipped Boeing 737-400 aircraft, the companies said. Connexion, which already provides a wireless Internet service to airline passengers with laptops, hopes to offer them a mobile phone service as soon as regulators in the U.S. give the green light.

Infosys Technologies Ltd., India's second-largest software and services outsourcer, announced Wednesday that it has signed a letter of intent with the Shanghai Zhangjiang Hi-Tech Park to set up a new software development campus in Shanghai.

European aircraft manufacturer Airbus SAS plans to include in its new Superjumbo A380 planes an optional voice and data system that can allow passengers to use their mobile devices in flight, the company announced Tuesday.

Terra Lycos SA has sold its U.S. subsidiary, Lycos Inc., to the South Korean Internet portal company Daum Communications Corp. in a deal valued at US$105 million, Terra Lycos announced Monday.