Further expanding its opening to the outside world, North Korea asked the Hyundai Group, South Korea's largest conglomerate, to build a high-technology district of computer venture companies near a scenic mountain on the nation's eastern coast.
In the most famous case, Steve Jobs was driven from Apple, then failed in his NeXT Computer venture and for a while floundered at Pixar.
Another 275 million euros ($295 million) evaporated from a computer screen venture, L.G. Philips Displays.
Acer Inc. said yesterday that it had taken over management of a computer chip venture it co-founded with Texas Instruments Inc. and had begun to restructure the money-losing concern.
The West Hartford, Conn., toy company, whose wildly popular Cabbage Patch dolls are barely offsetting deficits on its ill-fated computer venture, said it has sold its entire Adam inventory at a loss to an unidentified chain of retail stores.
The profits would have been even higher had it not been for expenses stemming from the collapse of the computer venture during the last half of the year.
Hitachi on Wednesday reported a tenfold surge in profit for the third quarter on earnings from the listing of a computer-chip venture, but the electronics maker halved its forecast for the full fiscal year.
Formosa Plastics was one of the earliest multinationals to invest in China, with political connections so strong that Mr. Wang's son, Winston Wang, has started a computer chip-making venture in Shanghai with Jiang Mianheng, the son of President Jiang Zemin, China's still-powerful leader who has retired as Communist Party general secretary.
He was very articulate, cultured and interested in a wide variety of subjects--not just politics, but art and literature, too". After barely a year at Cornell, Ginsburg suddenly quit and--unsure what he wanted to do with his life--joined three Harvard undergraduates in a new computer dating venture, one of the first of its kind in the nation.
"UBS Warburg," according to Irene Korin, senior executive of Stamford's Office of Economic Development, "said they are not contributing to anything but computers and education, and GE Capital contributed around $11 million in a joint venture for a computer lab and other technological purposes at UConn.
