Intel, PBS team up in digital broadcast: Intel Corp. and the Public Broadcasting Service are teaming up to deliver next-generation digital broadcasting content in November with a documentary on U.S. architect Frank Lloyd Wright. The programme, which will be the first nationally broadcast digital television programme, is Ken Burns's documentary on the famous architect. It will be broadcast on November 10 and 11 during "PBS Digital Week," Intel, the world's largest computer-chip maker, said. As the programme is broadcast, companion data will be transmitted simultaneously as part of the same digital signal to personal computers using Intel chips that can receive digital television signals. The move by Intel is part of its strategy to further the use of household PCs. Now, a bit more than 40 per cent of U.S. homes have PCs. And Intel, which gets the bulk of its profits from selling microprocessors -- the brains of PCs -- is looking for ways to boost the overall PC market to build sales. Intel's chips nowpower about 90 per cent of all new PCs sold today.UK's Kingfisher to invest 1750 million: British retail group Kingfisher Plc is planning to invest 750 million pounds ($1.27 billion) and create 20,000 jobs in the UK, according to media reports. The reports further said that the group, owner of B&Q Do-It-Yourself chain and the Woolworth's retailer, would open 125 out-of-town stores in next five years instead of 70 earlier planned. Kingfisher would finance the investment from its own resources and half of the jobs to be created would be full time, the reports added. The expansion is expected to shake the British DIY market which includes two other big players, J. Sainsbury's Homebase and Do It All, recently sold by Boots to venture capital-backed Focus Group. B&Q's share in the British DIY market has risen to around 20 per cent from 15 per cent in the last three years.
Samsung Engineering plans 53-for-100 rights: South Korea's Samsung Engineering Co Ltd said on Tuesday it has decided to offera 53-for-100 rights issue in December at a 30 percent discount on the base issue price to improve its financial position. The base issue price would be announced later but would not be less than 5,000 won, according to a Samsung statement filed to the Korea Stock Exchange. Samsung will issue six million common shares and offer 20 per cent of them to employees. The remainder will be offered to Samsung's shareholders registered as of November 13, the statement said. Subscription is set for December 15 and 16, with payment due on December 18.
Nokia wins biggest SDH deal in China: Finnish telecom equipment maker Nokia said on Tuesday it had won its biggest Synfonet SDH (Synchronised Digital Hierarchy) deal in China. It said in a statement it would deliver its Synfonet SDH equipment for the expansion of China Unicom Liaoning's GSM transmission and trunk transmission network. "The agreement is Nokia's single largest SDH deal in China. Deliveries will start immediately," it said, but gave novalue.
"Liaoning Unicom plans to have the network expansion operational before the end of 1998, providing a total capacity for around 225,000 subscribers," it said. Nokia said it was the sole supplier for the Liaoning province GSM transmission network, covering 12 cities in northeast China. SDH is a method for remotely managed transmission of digital traffic at standardised high capacities of 155 megabits per second or more through optical fibre connections.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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