Chinese semiconductor companies to bid for STATS ChipPAC?
STATS ChipPAC, Woodlands, Singapore (27 Aug) - Chinese chip-testing companies Jiangsu Changjiang Electronics Technology Co. (600584) and Tianshui Huatian Technology Co. are considering bids for Singapore’s Stats Chippac Ltd. (STAT), said people familiar with the matter. The two companies are working on offers after unprofitable...
Antitrust chief warns SG state-linked GLCs
Toh Han Li (Photo: CCS) (28 Aug) - Singapore’s antitrust chief, who sanctioned foreign companies for the first time this year, said he will take action against government-linked firms that were “born dominant” if they engage in anti-competitive behavior. “The message should get through,” Toh Han Li, chief executive...
How Norway has avoided the ‘curse of oil’
Bergen is not a place to go looking for supercars racing around. (27 August 2014) Hugged by mountains and perched on a stunning coastline of fjords, Bergen, Norway's second-largest city, has picture-postcard views. As one of the centres of Norway's booming oil and gas industries, it is also a very wealthy place. Yet there...
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