German WWII U-boat base in Marseille reboots as data center

Business Oct 23, 2019

German WWII U-boat base in Marseille reboots as data center

The thick concrete walls of a long-abandonned World War II German submarine base in Marseille, southern France, are set to find a new purpose: keeping banks of computer servers safe and cool. Dutch cloud services firm Interxion plans to invest €140 million to turn the ...

Samsung to invest $11 billion in next-generation displays

Business / Corporate Oct 10, 2019

Samsung to invest $11 billion in next-generation displays

Samsung Display Co. plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals. In an announcement event attended by South Korean President Moon Jae-in and Samsung Electronics Co. Vice-Chairman ...

Japan to tighten foreign investment rules for national security

Business Oct 3, 2019

Japan to tighten foreign investment rules for national security

The government is preparing to tighten regulations on foreign investment in Japanese companies that do work in areas sensitive to national security, including space development and nuclear energy, government sources said Thursday. The government will revise the foreign-exchange law to require that foreign investors seek ...