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Foxconn eyes factories in U.S., Indonesia in ambitious growth plans Sunday, Jan 26, 2014 06:47 PM PST By Faith Hung TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, the major supplier of Apple Inc's iPhone and iPad products, said it's considering expanding manufacturing to the United States in a move that could open up new prospects for business with Apple. Chairman Terry Gou also said Indonesia will be a top priority for investment this year. That would tie in with Foxconn's deal to design and market phones in the country with BlackBerry Ltd as the Canadian company seeks to reverse its decline in the smartphone business. He said many customers and partners hope Foxconn, the world's largest contract manufacturer of electronic goods, will set up manufacturing facilities in the U.S. Foxconn's ambitious growth plans could see it lift annual revenue to T$10 trillion ($333 billion) a decade from now, from T$4 trillion in 2013. Full Story | Top |
Google to buy artificial intelligence company DeepMind Sunday, Jan 26, 2014 06:21 PM PST (Reuters) - Google Inc said on Sunday it had agreed to acquire privately held artificial intelligence company DeepMind Technologies Ltd. Technology news website Re/code, which reported news of the deal earlier, said the price was $400 million, without disclosing where it got the information. A Google spokesman declined to comment on the price. Founded in London in 2012 by Demis Hassabis, Shane Legg and Mustafa Suleyman, DeepMind uses general-purpose learning algorithms for applications such as simulations, e-commerce and games, according to its website. Google, which is working on projects including self-driving cars and robots, has become increasingly focused on artificial intelligence in recent years. Full Story | Top |
Google, Samsung announce global patent agreement Sunday, Jan 26, 2014 01:06 PM PST (Reuters) - Google Inc and Samsung Electronics Co Ltd, which are frequently involved in patent infringement lawsuits but not against each other, announced on Sunday that they have reached a global patent cross-licensing agreement. The companies said the deal "would lead to deeper collaboration on research and development of current and future projects." "By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation," said Allen Lo, deputy general counsel for patents at Google, in a statement. Samsung's Seungho Ahn, head of the company's intellectual property center, said the deal showed "the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes." The companies have been at the center of the smartphone patent wars, though more as allies than foes. The majority of the litigation - which has sprawled across three continents, has been between Apple and the various companies involved in making smartphones based on Google's Android software, including Samsung and Google subsidiary Motorola Mobility. Full Story | Top |
Israeli defense computer hacked via tainted email: cyber firm Sunday, Jan 26, 2014 12:23 PM PST By Allyn Fisher-Ilan and Jim Finkle JERUSALEM/BOSTON (Reuters) - Hackers broke into an Israeli defense ministry computer via an email attachment tainted with malicious software that looked like it had been sent by the country's Shin Bet secret security service, an Israeli cyber security firm said on Sunday. Aviv Raff, chief technology officer at Seculert, said the hackers earlier this month temporarily took over 15 computers, one of them belonging to Israel's Civil Administration that monitors Palestinians in Israeli-occupied territory. Raff told Reuters that Palestinians were suspected to be behind the cyber attack, citing similarities to a cyber assault on Israeli computers waged more than a year ago from a server in the Hamas-ruled Gaza Strip. Israeli officials declined to comment on Raff's findings. Full Story | Top |
Intel expects to make decision this year on next new chip plant Sunday, Jan 26, 2014 06:19 AM PST By Tova Cohen TEL AVIV (Reuters) - U.S. chip manufacturer Intel Corp expects to make a decision this year on the location of a new multi-billion dollar semiconductor plant using new 10 nanometer technology, executives at its Israeli unit said on Sunday. Israel is one of a number of countries competing to host the new plant. "Intel will take its decision as late as possible. Until it needs to, it won't make a decision," Maxine Fassberg, general manager of Intel Israel, told a news conference. Full Story | Top |
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