H-P unveils complex Korea financing deal; pact with SK Group illustrates new Asian dynamics for U.S. exporters
Article Abstract:
Hewlett-Packard Co (H-P) has signed a 150 billion won ($127.6) mil financing agreement with South Korean conglomerate SK Group. H-P lent the amount to SK in order for the Korean firm to purchase H-P on a straight lease. The amount was also for H-P's acquisition of SK's computer systems business. H-P acquisition enabled it to eliminate the competition posed by the SK. The SK Group are outsourcing their systems to its subsidiary, SK C&C Co which will pay H-P the 150 billion won for a period of 10 years.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Intel stir Asia's PC sector; clones sporting the logo dominate hot market
Article Abstract:
Intel Corp.'s "Intel Inside" marketing campaign has made their products the chip of choice among local makers of low-cost PCs in Asia. Clone-makers use the company's computer chips and attain brand recognition by affixing the "Intel Inside" logo to their products. Low-cost PCs sporting the "Intel Inside" logo have a combined market share of 28% of the total number of PCs sold in Asia outside Japan, four times that of brand-name leader Compaq.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Tax holidays' big savings
Article Abstract:
Malaysia offered Packard Bell-NEC Inc. and Dell Computer Corp. a ten-year tax exemption. The tax incentive could save the two personal-computer makers hundreds of millions of dollars. Malaysia usually grants only five-year tax exemptions to foreign investors who bring in significant projects. Packard Bell-NEC stands to save around $140 million until 2006, while Dell could save about $240 million if it can agree on the extension terms.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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