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International News on April 24, 2013


Toshiba Launches Sub-Power Management IC for Mobile Products
Toshiba Corporation (TOKYO: 6502) today announced that it has launched a sub-power management IC embedded with a DCDC step-down convertor and LDO (Low Drop Out) for use in mobile products such as cellular phones and smartphones that realizes high efficiency at a light load. Business Wire India

Philip Morris International: New Study by Roland Berger Finds Tobacco Products Directive Will Cost Jobs and Hit Tax Revenue across Europe
The Tobacco Products Directive (TPD) could adversely affect Europe’s economy, resulting in up to 175,000 job losses and lost tax revenue of up to EUR 5 billion throughout Europe, according to a new study published by Roland Berger Strategy Consultants. Business Wire India

Government Emerges as a Strong Player in the GCC Managed Services Market, Finds Frost & Sullivan
Governments of the six Gulf Cooperation Council (GCC) states – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – have been placing significant emphasis on developing their information and communications technology (ICT) industry. Infrastructure development programmes have focused on transforming these countries into knowledge-based societies Business Wire India

Happiest Minds Achieves Annualized Run Rate of $20 Million
Sets a record for IT Services growth in first full financial year Every employee received shares at the same price as founders Happiest Minds Technologies, a next generation IT Solutions & Services company today announced its achievements for the first full financial year 2012-13 that closed at the annualized run rate of $20 million Business Wire India

Modulo Announces Presence at GRC India 2013 Conference and Addresses Growing Demand for GRC Solutions
Modulo, a leading provider of Governance, Risk and Compliance (GRC) solutions, announced the company’s presence at the 3rd Annual GRC India 2013 to be held April 25-26 in Mumbai, India Business Wire India

ZTE Gains No. 2 World Ranking for WLANs Shipped
ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, today announced it has been ranked No. 2 in the world in WLAN access point shipments. Business Wire India

Levi Strauss & Co. Names Roy Bagattini as President of Asia Pacific Commercial Operations
Levi Strauss & Co. (LS&Co.) today announced that Roy Bagattini will join the company as executive vice president and president of commercial operations, Asia Pacific, in June 2013, reporting to company president and chief executive officer Chip Bergh Business Wire India

SKF USA Enters into SIPCO’s Essential Wireless Mesh License
SIPCO, LLC is pleased to announce that SKF USA Inc., a world-wide leader in condition monitoring systems, has become a proud member of the Essential Wireless Mesh™ (“EWM”) Patent Portfolio by taking a license to the EWM Patent Portfolio. Business Wire India

Nuvo Research Announces European Launch of Pliaglis® by Galderma
Nuvo Research Inc. (TSX:NRI), a specialty pharmaceutical company dedicated to building a portfolio of products for the topical treatment of pain and Galderma Pharma, S.A. (Galderma), has announced the European launch of Pliaglis (lidocaine and tetracaine) Cream 7%/7% Business Wire India

Samsung Licenses DigitalOptics Face Detection and Tracking Software
DigitalOptics Corporation (DOC™), a wholly owned subsidiary of Tessera Technologies, Inc. (NASDAQ: TSRA) has announced that Samsung Electronics Co., Ltd. has signed a multi-year license for DOC’s Face Detection and Face Tracking software. This software will be used in Samsung Galaxy S® 4 smartphones. Business Wire India

Boehringer Ingelheim announces results from one of its HCV Phase III trials: Investigational compound faldaprevir+ shows high viral cure and early treatment success in treatment-naïve patients with genotype-1 hepatitis C
For media outside USA, UK and Canada only Business Wire India

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