The announcement followed a pledge on Wednesday from the US to cut its emissions by 17% by 2020, provisional on the passage of domestic legislation.

"Once the STT-MRAM is developed, South Korea may be able to control roughly 45% of the 30nm type memory chip market by 2015..."

Thailand's economy grew for a second straight quarter as government stimulus spending and an improvement in manufacturing propelled its recovery from recession.

The German government is funding a research project aiming at developing manufacturing processes for large-area OLED illuminants. In the Light InLine (LILi) project, Applied coordinates the activities of a team formed of its own experts as well as professionals from OLED materials manufacturer Merck KGaA and from the Technical University of Braunschweig (Germany).

"The MOEA needs to make more of an effort to restructure the DRAM industry, with TIMC being one of the possibilities, " said Taiwan's economics minister Shih Yen-shiang. "The ministry will explain to lawmakers the necessity of establishing TIMC and review other ways of pushing the project."

Figures released by the Japanese government show that the country's economy has grown for a second successive quarter.

Taiwan's economic minister Shih Yen-hsiang met his Chinese counterpart behind closed doors in Singapore Sunday to work out an agenda for bilateral talks on a proposed bilateral economic cooperation framework agreement (ECFA).

Taiwan Vice Premier Eric Chu has said a breakthrough in the negotiations with Beijing on cross-strait financial regulation was expected in a matter of days.

US consumer spending fell for the first time in five months in September, coinciding with the end of the government's car scrappage scheme.

The influential lobby group Consumer Electronics Assn. is fighting what appears to be a losing battle to dissuade California regulators from passing the nation's first ban on energy-hungry big-screen televisions.

Taiwan President Ma Ying-jeou said on Monday the island has not considered allowing the island's LCD firms to make large panels on the mainland for now, saying it will only cautiously export its technology expertise to China.

Taiwan's government will invest in an innovative memory chip company to a maximum of NT$10 billion, and only if such an enterprise can secure core technology and help Taiwan to stay competitive in the field, Minister of Economic Affairs Shih Yen-shiang said on October 15.

Beijing's four-trillion-yuan (US$586 billion) stimulus package, unveiled in November 2008, "has played a very good role in the recovery of the Chinese economy," said Xiong Bilin, a vice director general of the National Development and Reform Commission.

Germany's next government plans to reduce incentives to generate solar power as early as 2010, the energy spokesman for Chancellor Angela Merkel's Christian Democrats said.

Kingston Digital, the flash memory affiliate of Kingston Technology, has announced it has partnered with Spyrus for hardware-based encryption, authentication, and digital content security products.

South Korea and the EU did US$98.4 billion in trade in 2008 and officials hope the deal will spur a jump in commercial activity between the two sides.

South Korea must diversify its export markets in order to achieve a sustainable expansion of overseas shipments and prepare for the possibility of another global economic crisis, according to a government report.

As China primes its energy market for explosive growth, the country could see one gigawatt of solar power generation capacity by 2011, said a new report by GTM Research.

The US solar energy industry hopes to persuade Customs officials to reverse a decision to impose a 2.5% tariff on solar panel imports after more than two decades of duty-free trade in the product, an industry official said on Thursday. In the worst case scenario, US importers of solar panels could face some US$70 million in tariffs and penalties for product already imported this year.

The world's leading semiconductor manufacturers plan to discuss ways to prevent overproduction and enforce fair competition at an industry-wide annual meeting on Jeju Island, according to the South Korean government.

Russia's government is in talks with Germany on buying a stake in Infineon Technologies, said AFK Sistema, tycoon Vladimir Yevtushenkov's holding company.

Google chief economist Hal Varian is pretty confident the US economy is recovering, and he's not just basing that on government data.

Taiwan plans to sign an agreement with China in October that will allow some of the mainland's huge pool of liquidity to start flowing into the island's stockmarket, according to local media.

Recent signs that recession has ended in some major economies, including China's major trading partner Japan, suggest that exports may pick up again.

Chinese Premier Wen Jiabao pledged to continue his government's aggressive stimulus efforts, saying the world's third-largest economy faces persistent problems and uncertainties from the global recession despite an upturn in growth.

Premier Liu Chao-shiuan and his Cabinet (the Executive Yuan) resigned en masse Thursday (Sep 10) morning to assume political responsibility for the government's handling of the aftermath of Typhoon Morakot.

A new super central processing unit (CPU), jointly developed by Japan's big chipmakers and funded by the Tokyo government, is coming up to challenge Intel.

Mitsubishi Electric and industrial design company IHI are now teaming up in the race to develop new technology within four years that can beam electricity back to Earth without the use of cables.

LDK Solar has formed an agreement with Yancheng City in China's Jiangsu Province to develop several photovoltaic power projects, including ground-power stations and roof and building integration systems.

There are worries that an increase in bank lending, which has helped to drive the Chinese market rally, might see a rise in bad loans.

President Obama wants to make the US "the world's leading exporter of renewable energy," but in his seven months in office, it is China that has stepped on the gas in an effort to become the dominant player in green energy — especially in solar power, and even in the US.

A fortnight after Typhoon Morakot first struck Taiwan on August 6 the storm continued to wreak havoc on the island. Morakot is also doing political damage.

India expects one trillion rupees (US$21 billion) of investments over a five-year period ending March 2012 for renewable-power generation, according to the chairman of Indian Renewable Energy Development Agency.

China's exports and new loans tumbled in July and industrial output rose less than estimates, underscoring government concern that the economy is yet to establish a solid recovery.

Typhoon Morakot pounded Taiwan over the weekend with powerful winds and torrential rain. The number of people listed as missing and feared dead went up from eight to 29, the government's National Fire Agency said. The typhoon has caused at least NT$832 million (US$26 million) in agricultural damage.

China will maintain its current macroeconomic policy stance aimed at bolstering domestic spending as the nation continues to experience fallout from the global recession, Premier Wen Jiabao said.

China is on its way to becoming a solar power - with financial incentives coming from every corner of the country - but a lack of experienced project developers and equipment installers may cast a shadow over the growing industry.

Elpida Memory may sign up today (August 7) with the Development Bank of Japan, becoming eligible for about 30 billion yen (US$314 million) in government aid, Nikkei English News said.

Goldman Sachs, which earns more money trading equities than any other US bank, sent a letter to clients explaining its high-frequency trading as regulators and politicians step up scrutiny of the practice.

The Chinese authorities in July predicted 8% growth for 2009, thanks to a four trillion yuan (US$585 billion) economic stimulus plan. But the global downturn has still put millions of Chinese out of work.