Feeds

LG, Hyundai continue unseemly battle

Tweedledum and Tweedledee fight over big cake

  • alert
  • submit to reddit

Security for virtualized datacentres

The bickering between LG Semicon and Hyundai took a further twist late yesterday when both companies revealed details of how big a management share each wants in a future merged chip company. According to reports in today's edition of the Korea Times, LG Semicon is insisting on having a 70 per cent share in the merged chip company, an increase from the 50 per cent it had earlier settled. But now Hyundai has retaliated, with it also demanding a 70 per cent share in the chip operations. Earlier yesterday, a South Korean government minister had threatened to appoint outside managers if the two companies did not come to a swift resolution of their squabble. But the bickerings are only the prelude to further battles between the top five chaebols (conglomerates) in South Korea. So far, Samsung Electronics, which has a large semiconductor business, has remained silent about the unseemly row currently underway. ® Related stories: US to impose anti dumping tariffs on LG, Hyundai South Korean government gets angry at LG, Hyundai

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.