A run of poor earnings has damped confidence in once-booming solar companies.

Converge has tracked increased demand from module manufacturers for 128x8 DDR2 chips, both in PC667 and PC800 speeds. However, there are mixed opinions on why the market has become so tight for these modules.

"The operation of our 8-inch DRAM line in Austin, Texas, will be stopped from October due to production inefficiencies. We will upgrade the line to a 12-inch facility," company spokesman Kenneth Hong told The Korea Times.

The world's Number-2 handset maker is focusing on improving its weaknesses - low-priced phones and high-priced smartphones

South Korea recorded real GDP growth of 2.3% on quarter in the second quarter of 2009—a stronger performance than the Economist Intelligence Unit expected.

Samsung Group's former chairman Lee Kun Hee was found guilty of breach-of-duty for his role in causing losses at Samsung SDS.

More than 390 people are believed to have been buried alive in the Taiwanese village worst affected by a massive mudslide caused by a typhoon.