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(Reuters) – Shares in Sahaviriya Steel Industries (SSI.BK), Thailand’s largest hot-rolled steel coil maker, rose more than 6 percent on Friday due to optimism over
its second-quarter results.
At 12:04 a.m. ET, the stock was up 5.92 percent at 1.61 baht, having hit its highest since May 13 of 1.62 baht, while the main index was up 0.69 percent.
(Reporting by Arada Kultawanich; Editing by Alan Raybould)
BANGKOK, April 2 (Reuters) – Sahaviriya Steel Industries PCL SSI.BK:
Basic Materials
* First-quarter output at record high of 689,831 tonnes, beating the fourth quarter’s 655,565 tonnes, it said in a statement
* First-quarter deliveries at record high of 679,049 tonnes.
* Maintains 2010 output target at 2.7 million tonnes
SEOUL, South Korea–(Business Wire)–
Samsung Electronics Co., Ltd., a world leader in digital consumer electronics
and information technology, today introduced their new 500-Gigabyte (GB)
2.5-inch hard disk drive with a shock operation tolerance of 400G/2ms. The
Spinpoint M7 500GB 2.5-inch hard drive with 250GB per platter features a rugged
base and cover design, offering better data protection for road warriors and
other mobile laptop users.
“Our customers have been requesting hard drives with higher density, lower power
and greater reliability for their mobile applications,” said C.H. Lee, vice
president, Storage sales and marketing, Samsung Electronics. “The Spinpoint M7
answers these needs with a high-speed operating shock specification and
extraordinary drive capacity for storing large data files, music, photos and
videos.”
The Spinpoint M7 is available in 250-, 320-, 400-, 500-GB capacities. A new
controller has been adopted to reduce power consumption in seek mode to up to 25
percent over conventional 2.5″ drives. In particular, internal test results on
PC Mark show an 18 percent improvement in overall performance over 2.5″ hard
drives.
“Samsung`s M7 will appeal to notebook PC customers who want to have a hard drive
operating shock tolerance for mobile applications in tough environments,”
commented John Chen, senior director, TRENDFOCUS.
The Spinpoint M7 utilizes Samsung`s proprietary SilentSeek and NoiseGuard
technologies to minimize the noise-level of the mechanical drive operation. The
halogen-free drive complies with the European Union`s Restriction of the Use of
Certain Hazardous Substances in Electrical and Electronic Equipment (RoHS)
regulations.
The Spinpoint M7 500GB hard drive is lightweight and durable, featuring a
5400rpm spindle speed, 8MB cache, native command queuing and a 3.0Gbps SATA
interface. The perpendicular magnetic recording technology enables the 500GB
drive to store 160,000 digital images, 125 hours of DVD movies, or 60 hours of
high definition video images.
Qualification samples of the Spinpoint M7 are currently shipping to major OEMs.
Global shipments in the United States and Europe began in April with shipments
to other regions to follow accordingly.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor,
telecommunication, digital media and digital convergence technologies with 2008
consolidated sales of US$96 billion. Employing approximately 150,000 people in
134 offices in 62 countries, the company consists of two business units: Digital
Media and Communications and Device Solutions. Recognized as one of the fastest
growing global brands, Samsung Electronics is a leading producer of digital TVs,
memory chips, mobile phones and TFT-LCDs. For more information, please visit
www.samsung.com.
Samsung Semiconductor Inc.
Chris Goodhart, 408-544-4122
cgoodhart@ssi.samsung.com
Copyright Business Wire 2009
Cape Town (S.Africa), Apr.22 (ANI): South African off-spinner Johan Botha has said that he is not playing in the second edition of the Indian Premier League here because of his faulty bowling action.
There were two or three teams interested in my services, but they could not offer me a contract because of this issue,” Sports 24 quoted Botha, as saying.
Botha was placed under the magnifying glass at the South African Sports Science Institute (SSI) on Tuesday after being cited by umpires for his bowling action in the recent one-day series against Australia.
It was not an official International Cricket Council (ICC) test, but an internal one by Cricket South Africa (CSA) to determine whether he is ready to be tested by the ICC, reports Sports24.
The result of the test will now be sent to CSA. If they are satisfied, a test will be arranged in Perth as soon as possible.
“I hope I can be tested as soon as next week,” said Botha.
Botha hopes that there will be no further questions about his bowling action if he passes the test for a second time.
“Muttiah Muralitharan (van Sri Lanka) and Harbhajan Singh (India) passed the test twice and their actions are no longer under suspicion. Hopefully the same will happen with me,” said Botha.
In 2006, when he was cited for his action the first time and failed a test in Perth, he worked at the SSI to get it to a legal status. (ANI)
BANGKOK, April 20 (Reuters) – Thailand’s benchmark stock
index .SETI was up 2.76 percent at 469.41, its highest since
Jan. 7, at midsession on Monday, buoyed by buying of energy
.SETEN and petrochemical shares .SETPT despite recent
political violence.
“With the political situation temporarily defused and
commodity prices stabilising, we recommend investors to
overweight commodity plays,” Kim Eng Securities said in a
research note.
Stocks on the move included:
STEEL MAKERS UP ON HOPES OF MEGA PROJECTS
Top hot-rolled steel coil maker Sahaviriya Steel Industries
SSI.BK jumped 13 percent to 0.43 baht, Bangsaphan Barmill
BSBM.BK rose 7.4 percent to 1.02 baht and Tata Steel
(Thailand) TSTH.BK, the largest steel bar maker, surged 13.3
percent to 1.11 baht.
Investors were positive on the steel firms in the short
term due to hopes that the government would continue the
construction of mass transit projects in Bangkok, analysts
said.
0529 GMT
BANK OF AYUDHYA (BAY.BK) OUTPERFORMS SECTOR
The country’s fifth biggest lender surged nearly 6.0
percent to 9.75 baht, its highest since Jan. 9, after
Thailand’s TRIS Rating upgraded the bank’s rating to “AA-” from
“A+”. The rating reflected the bank’s improved financial
performance, improved asset quality and growing franchise
value.
0532 GMT
KASIKORNBANK KBAN.BK UP ON BETTER-THAN-FORECAST Q1
Thailand’s fourth-largest lender rose 1.04 percent to 48.75
baht after it reported a 14 percent drop in quarterly net
profit due to falling income because of slowing loan demand and
softer margins, although the profit was higher than expected.
[nBAK000730]
However, the stock underperformed the banking subindex
.SETB which rose 1.55 percent.
0319 GMT
PTT AROMATICS AND REFINERY (PTTAR.BK) EXTENDS GAINS
Thailand’s largest olefins maker rose 1.55 percent to 13
baht, having hit a six-month high of 13.20 baht in early trade.
The company said it had completed upgrading its production
capacity to increase jet fuel and diesel capacity. [nBKK449846]
0325 GMT
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– For Thailand’s stock exchange news click on [TH-SET]
– For Thailand corporate earnings: [TH-RES-RTRS]
– For Thailand economic forecast: [POLL-ECI-TH-RTRS]
($1=35.43 Baht)
(Reporting by Arada Therdthammakun; Editing by Alan Raybould)
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