LSI Corp. got a mixed ruling in the first round of its patent-infringement case against Realtek Semiconductor Corp. and Funai Electric Co. over Wi-Fi technology used in televisions and DVD players sold under Sylvania, Magnavox and other brands.
Let’s start with the bad news: The North Korean problem has no simple or quick solution. The North’s weapons-grade plutonium and nuclear devices have already been manufactured, and are now safely hidden in underground facilities. China, and to a lesser degree Russia, remains unwilling to support a truly rigorous (read: efficient) sanctions regime. More narrow financial sanctions that target the money used to reward regime insiders with perks, like bottles of Hennessy cognac and Mercedes cars, won’t have much impact. Most of the North Korean elite believe that regime stability is a basic condition for their survival. No doubt, they would be willing to put up with locally produced liquor and used Toyotas if the alternative was being strung from the lampposts.
Samsung Electronics Co., the world’s largest maker of TVs and mobile phones, said an internal audit of suppliers in China found “inadequate practices” that include employees working more overtime than allowed by law.
Before Hurricane Sandy, Soumitra Eachempati, a trauma doctor at New York Presbyterian Hospital on the city’s affluent Upper East Side, spent much of his time dealing with stair falls and Central Park cycling injuries.
Sony Corp., Japan’s largest consumer- electronics exporter, forecast its fourth consecutive annual loss and slashed television sales targets after the yen reached a postwar high and floods in Thailand cut production.
South Africa’s current account deficit widened in the third quarter from a six-year low in the previous three months as a stronger rand fuelled demand for cheaper imports and tourism revenue fell following the end of the FIFA World Cup.