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Tag: invest
Tsinghua to invest CNY 50 bln into technology in next 5 yrs
2016-06-27 11:58:00| Telecompaper Headlines
(Telecompaper) Tsinghua Holdings said it plans to increase its investment in research on strategic technologies to CNY 50 billion (USD 7.6 billion) over the next five years, the Wall Street Journal reported.
Tags: next
technology
invest
yrs
Rolls-Royce to invest in azimuth production and service facilities in Finland
2016-06-23 01:00:00| Ship Technology
UK-based Rolls-Royce is planning to invest 44m in its azimuth thruster production plant in Rauma, Finland.
Tags: in
service
production
facilities
Samsung plans to invest USD 1.2 billion in US IoT
2016-06-22 08:38:00| Telecompaper Headlines
(Telecompaper) Samsung announced plans to spend USD 1.2 billion over four years in developing its US-based Internet of Things (IoT) R&D and investments. Samsung Electronics Vice Chairman and CEO Oh-Hyun Kwon unveiled Samsung's vision for a 'Human-Centered IoT' at a Samsung-hosted forum in Washington, DC. The plans will be led by the Samsung Strategy and Innovation Center, Global Innovation Center and Samsung Research America, part of Samsung's US footprint of more than 15,000 employees across the country.
Big Cereal Companies Invest in the Organic Space
2016-06-20 21:37:00| Food Processing
Kellogg Co.'s Kashi unit purchases organic snack brand Pure Organic, while General Mills announced it's partnering with dairy farm Organic Valley.
Tags: big
companies
space
organic
Vumatel to invest ZAR 3bln in fibre-to-the-home
2016-06-17 09:59:00| Telecompaper Headlines
(Telecompaper) South Africa's Vumatel will invest SAR 3 billion in fibre networks in the next two to three years, which will see many areas in Cape Town getting fibre-to-the-home services. Vumatel CEO Niel Schoeman told MyBroadband that they have already passed 33,000 homes with their FTTH service, and plan to grow this number to over 100,000 in 2016. Schoeman said they have started their construction in Tamboerksloof and Gardens in Cape Town. The areas which will get Vumatel fibre access in 2016 include: Tamboerskloof; Gardens; Oranjezicht; Higgovale; Vredehoek; and Devil's Peak
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