Abstracts » Business, international

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.

United States, South Korea, Diversified Companies, Computers & Auxiliary Equip, Receipt of funds, Use of Funds, Conglomerate corporations, Finance, Hewlett-Packard Co., SK Group

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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.

Semiconductors and related devices, Semiconductor and Related Device Manufacturing, Microprocessor Chips, Analog Computers, Semiconductor industry, Microcomputers, CPUs (Central processing units), Intel Corp., INTC, Marketing, Market share, X86 processors

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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.

Public Finance Activities, Corporate Taxes-Savings Incentives, Taxation, Economic aspects, Malaysia, Dell Inc., DELL, Tax policy, Tax incentives, Packard Bell NEC Inc.

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