In Japan, the Tokyo Stock Exchange (TES) blamed systems supplier Fujitsu for a software glitch that halted trading last week. An upgrade to the order processing ability of the trading system was accidentally left incomplete, because Fujitsu neglected to inform the stock market computer systems operator about one of the steps in the upgrade process, the TSE said.
The bug lay dormant for several weeks before an automatic error checking procedure shut down the offending program during a disk compression operation. The problem stopped trading for almost an entire day last week. The exchange reported average trading value of about $23bn per day in October.
Korean manufacturing giant, Samsung, said yesterday that it will increase its research and development spending from $6.9bn this year to reach a peak of $10.8bn in 2010. The increase comes as part of a new $45bn development plan that Samsung hopes will double its revenue.
Samsung, which currently employs 113,600 worldwide, plans to recruit "30,000 new R&D staff by the year 2010", the company said. Last month, it inaugurated a huge new research centre near Seoul. The 36-floor Digital Research Center will eventually house 9,000 researchers, the company said. The company said it plans to focus research on areas where it already has a significant presence, such as "high-capacity memory, next-generation display devices, mobile telecommunications, and digital TVs."
Media reports in Taiwan today say Intel will restart production of its 865 chipset, to alleviate a shortage of chipsets for low-end PC mainboards. A story [Chinese language] in Taiwan's China Times cited unamed industry sources. In August, local media said that production of the chipset, launched in mid 2003, had stopped and that it was slated for retirement at the end of this year as Intel focussed on higher-margin products. Intel, which traditionally doesn't talk about internal operations, has made no official statement on any of these reports.
A new report predicts that "promising start-ups and emerging players in Asia" will become an important factor in the global high-brightness LED market, joining leading manufacturers in Japan, the US and Germany. Sales of high-brightness and ultra-high-brightness LEDs will reach $ 17.4 billion in 2013, according to the report. Released Tuesday by CIR Inc and NanoMarkets, the report predicts key markets for high-brightness LEDs will be as replacements for traditional artifical light sources, and in signage. In related news, Taiwanese LED manufacturer, Everlight, predicted that the majority of notebook PC screen backlights would use high-brightness LEDs by next year.
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