[By NBC-1TV H. J Yook]Cisco (NASDAQ: CSCO) is expanding its commitment to Myanmar by investing in a channel partner network and the appointment of the first two Cisco Networking Academies at the University of Computer Studies, Yangon (UCSY) and University of Computer Studies, Mandalay (UCSM). The establishment of the Networking Academy Program in the country is being supported through Cisco's long-term partnership with the U.S. Agency for International Development (USAID). Cisco's long-term vision is to work with the Myanmar government and other private and public organizations in the country
[By NBC-1TV H. J Yook]Openet, a global leader of high performance transaction management software for network operators, was again recognized as the global revenue leader in Infonetics Research's Policy Management market share, size and forecast report. The report, an analysis of policy market share and overall Policy and Charging Control (PCC) landscape, has found Openet the global leader in policy management by revenue for three consecutive years. This report follows Infonetics' December 2012 global survey of service providers, in which respondents named Openet the industry leader in technol
[By NBC-1TV H. J Yook]More than 100 developer and adopter members of the Hybrid Memory Cube Consortium (HMCC) today announced they've reached consensus for the global standard that will deliver a much-anticipated, disruptive memory computing solution. Developed in only 17 months, the final specification marks the turning point for designers in a wide range of segments—from networking and high-performance computing, to industrial and beyond—to begin designing Hybrid Memory Cube (HMC) technology into future products. A major breakthrough with HMC is the long-awaited utilization of ad
[By NBC-1TV H. J Yook]sTec, Inc. (NASDAQ:STEC), a leading global provider of solid-state storage solutions, today announced its extensive range of solid-state solutions are now available to enterprise customers through the company‘s new direct sales and global channel programs. Building upon its unmatched, two-decade track record of delivering flash-based storage solutions through server and storage OEMs, sTec has added highly experienced channel partners and broadened the technical and market expertise of its direct sales force, delivering a team of professionals with extensive backgrounds in
[By NBC-1TV H. J Yook]Sidense Corp., a leading developer of Logic Non-Volatile Memory (LNVM) one-time programmable (OTP) memory IP cores, announced today that the Company‘s 1T-OTP macros for TSMC’s 180nm BCD 1.8/5V/HV and G 1.8/5V processes have met all of TSMC's IP9000 Assessment program requirements. Sidense OTP macros are fully qualified for -40°C to 150°C read and field-programmable operations to support applications such as automotive electronics that require reliable operation and long-life data retention in high-temperature environments. Sidense has already licensed its Automotive Grade
[By NBC-1TV H. J Yook]Micron Technology, Inc. (Nasdaq:MU) (“Micron”) today noted that certain unsecured creditors of Elpida Memory Inc. filed appeals in Tokyo on Friday, March 29, of the Tokyo District Court‘s February 28 order approving Elpida’s plan of reorganization. Elpida‘s reorganization plan calls for Micron to sponsor Elpida’s reorganization under which Elpida will become a wholly-owned subsidiary of Micron. The Tokyo District Court's approval followed an Elpida creditor vote, concluded on February 26, in which the creditors voted overwhelmingly to approve the reorganization plan. “Elp
[By NBC-1TV H. J Yook]Citibank Korea (CEO Ha Yung-Ku, www.citibank.co.kr) offers special discount on foreign exchange fees for 2 months from April till May to customers who are issued their first International Cash Card (ICC), which has become a necessity for international travel. During this period, if a customer is issued his first ICC and subsequently changes money to international currencies, the customer will be given up to 70% discount on the exchange fees for USD, EUR and JPY and 50% for other currencies. Discount will be available for up to US$1,000 or equivalent. With 1.52 million car
[By NBC-1TV H. J Yook]Citibank Korea.(CEO Yung-Ku Ha, www.citibank.co.kr) offer “Mixed Rate mortgage product” rated at minimum 2.99% per year with total cap of 500 billion won from April 1st. The term of “Citi Mixed Rate Mortgage” will be at least 10 years and up to 30 years on a mixed rate scheme where fixed rates will be applied for the first 3 or 5 years and then floating rates. As of today, the fixed rate for the initial 3 years will be rated between 2.99% and 4.09%. An official of Citibank Korea strongly recommended the new product by saying, “it’s an opportunity for those who have mortga
[By NBC-1TV H. J Yook]Los Angeles, CA-based entertainment company WINDOWSEAT has teamed up with leading media company Gravity Collection, Inc. to produce a thirteen episode television series, titled, “Chasing Giants.” The series will cast an energetic eye on the behind the scenes movements and events that make up the thrilling big wave surfing movement. Created by WINDOWSEAT‘s Jim Reach and Bill Kiely, the series follows a team of the industry’s top athletes and equally fearless camera and rescue crew as they journey to remote locations in search of giant swells. The pilot will be directed by
[By NBC-1TV H. J Yook]Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 21.5 billion for the fourth quarter 2012 on revenues of KRW 367.0 billion. Net income 4Q12 was 31.8% lower year over year and 42.1% lower than the prior quarter while revenues were 12.5% lower than year over year and 12.1% lower than the prior quarter. Net income for the full year 2012 was 58.6% lower than that for the full year 2011 while revenues were 7.0% lower than the prior year period. CKI’s Basel II Capital Adequacy Ratio and Tier 1 Capital Ratio as of 2012 end were 17.71% an