ChemChina to fund $43 bln Syngenta bid with recourse, non-recourse debt-LPC HONG KONG, Feb 4- State-owned China National Chemical Corp plans for a mix of recourse and non-recourse loans to fund a $43 billion bid for Swiss seeds and pesticides group Syngenta, Thomson Reuters LPC said on Thursday, citing banking sources familiar with the plans. The specific breakdown of the funding package has yet to be decided, but about $30 billion would...
Xiaomi didn't authorize phone sales in US Long-standing rumors that China's biggest smartphone maker would sell its phones in the U.S. were answered earlier this week ... and then not.
| By: Evelyn Cheng
China's Xiaomi to double offline smartphone sales this year -source *To ship 58 mln handsets via China retailers- source. *To raise China own-stores to 50 from 20 this year- source. HONG KONG, Jan 21- Xiaomi Inc aims to sell double the number of handsets offline in China this year than analysts estimated it sold offline globally last year, an internal document showed, signalling a shift away from an online-focused strategy copied by...
| By: Yimou Lee
Is 'China's Apple' losing its appeal? The mantra of Xiaomi is "always believe that something wonderful is about to happen," but it appears it's been a little too optimistic.
| By: Matt Clinch
Samsung reaches partial agreement with sick workers SEOUL, South Korea— Samsung Electronics reached a partial agreement on workplace safety with sickened workers and their families, nearly a decade after the death of a 22- year-old worker galvanized concern about safety in South Korea's semiconductor industry. The South Korean company and Banolim, which is the main advocacy group for sick workers, along with...
Source: The Associated Press