Asia News

HTC taps Israeli technology for its iPad-slayer

Sunday, August 22nd, 2010

by Guy Grimland

The Kfar Sava-based startup N-trig will provide the touch-screen technology for the tablet computer that Taiwanese manufacturer HTC is developing as direct competition for Apple’s iPad. The so-called gPad will be rolled out in the United States in November by global search engine, email, book depository, you name it colossus Google, in cooperation with the U.S. telecommunications company Verizon. http://www.haaretz.com/print-edition/business/htc-taps-israeli-technology-for-its-ipad-slayer-1.309429

Posted in Asia, High Tech, Israel, News, Strategy, Telecommunications

Wifi chip co Celeno in Shanghai Telecom deal

Wednesday, July 28th, 2010

by Shmulik Shelah

WiFi semiconductor developer Celano Communications Inc. will provide Chinese telecommunications provider FiberHome Telecommunication Technologies Co. Ltd. Wi-Fi system-on-a-chip for optical network gateways for IPTV streaming. The two companies are collaborating on China Telecom’s expansion of its Fiber-to-the-Home (FTTH) network. China Telecom unit Shanghai Telecom selected FiberHome’s optical gateway for FTTH deployments, providing fast broadband access capability and triple-play (data, voice and HD IPTV) services. Financially, the deal is important for Celeno. President and CEO Gilad Rozen said, “This deal will generate tens of millions in revenue in the coming years.” Market sources estimate the revenue at $50 million over four years. http://www.globes.co.il/serveen/globes/docview.asp?did=1000577669&fid=1725

Posted in Asia, Business Development, Israel, News, Telecommunications

Israeli businesses look East to offset weak Western mark

Tuesday, June 22nd, 2010

Israeli businesses are showing a strong interest in technology investment opportunities in Hong Kong and mainland China to expand trade, as export markets in Europe and the US weaken. InvestHK is the department of the Hong Kong Special Administrative Region (HKSAR) responsible for foreign direct investment. The department helps overseas, mainland and Taiwanese businesses set up and expand in Hong Kong. During a visit to Israel at the end of last week, Galpin, who was heading a business delegation to advance Israeli investments, said Hong Kong is keen for Israeli companies to open local or regional offices there. http://www.jpost.com/Business/BusinessNews/Article.aspx?id=178989

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Posted in Asia, Business Development, Israel, News

Solar integrator G Systems to buy Chinese PV panels

Sunday, June 20th, 2010

Israel’s G Systems Ltd. will buy $15 million worth of photovoltaic panel manufacturer from China’s ET Solar Group Ltd. for installation in small and mid-sized solar energy facilities in Israel. The panels will generate 7.5 megawatts of electricity altogether. G Systems’ orders backlog for small and mid-sized solar energy of facilities amounts to 10 megawatts. ET Solar’s representative in Israel, Rafi Kirshenbaum said that the deal with G Systems was an important step in strengthening and increasing the company’s share of the Israeli solar energy market. http://www.globes.co.il/serveen/globes/docview.asp?did=1000568142&fid=1725

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Posted in Asia, Clean Tech, Israel, M&A, News

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