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Canon, Toshiba link up on new flat TV production

Canon Inc plans to form a joint venture with Toshiba Corp to manufacture next-generation displays for thin televisions before rolling out a new flat-screen TV next year.

Foreign banks eye small S. Korean retail lenders

B>SEOUL: /B>International banks, including Citigroup, HSBC Holdings and Standard Chartered (StanChart), are hunting for acquisitions in South Korea#146;s US$424bil consumer banking market, eyeing its growth potential and cheap valuations, analysts say.

Samsung Malaysia sees 2003 sales hitting RM1bil

SAMSUNG Malaysia Electronics Sdn Bhd hopes to achieve sales of US$270mil or more than RM1bil this year, its managing director Kim Jeong-Wook said yesterday.

Sony and BMG merge

The merger of Sony Music and BMG could bring a whole new stable of recording artists to listeners hooked on Sony Corp's electronics, but analysts say the alliance is more about minimising risk than seeking gain.

Contest to pick 33 supporters

Some 33 supporters from all over the country will be going to Ho Chi Minh City in Vietnam to support the Malaysian athletes competing in the 22nd SEA Games from Dec 5-13.

Martin Sorrell and his vision of Asia

Sir Martin Sorrell, head of WPP Group Plc, was in Kuala Lumpur on Tuesday as part of a three-week visit to Asia. How he bought over Wire and Plastics Products (WPP), a maker of wire shopping carts, 18 years ago and turned it into the world's largest advertising and market services group is now textbook stuff taught in business schools. After doing a video conference with analysts in London on the group's third quarter results, Sir Martin sat down with WONG SULONG for an interview.

Game for competition

Does buying property in a bid to bankrupt your competitors sound exciting to you? LI EE KEE checks out the cut-throat yet fun world of #8216;professional#8217; Monopoly.

Foreign business news in brief

Foreign business news brifs including 'Samsung wins US$770mil ship orders'.

Product Review: New Napster a bit buggy, but promising

Anyone who thinks music should cost nothing will be disappointed with the reincarnated Napster online music service, which has emerged from the ashes of the old free-for-all as a legal, recording industry-sanctioned, pay-to-play store.

Matsushita goes Panasonic all the way

MATSUSHITA Electric Industrial Co Ltd, which is unifying its I>Panasonic/Iand I>National/Ibrands globally as a growth strategy, is confident that it will be effective in gaining a larger market share worldwide.