NEW APPROACH: The South Korean chipmaker's union is adopting a conciliatory tone in a nation where violent union protests are the norm, and it just might save Hynix
Jung Sang-young, president of Hynix Semiconductor Inc's union, has the close-cropped hair, steely gaze and forceful manner common to most South Korean labor leaders. It's his message that's different.

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BOE Technology Group Co said it will buy debt-laden Hynix Semiconductor Inc's assets with help from a South Korean partner, allowing the third-largest chipmaker to reduce its borrowings and gain a foothold in China.

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PAYBACK TIME: The software giant has agreed to spend at least US$1 billion to provide a million computers to poor schools in order to settle class-action lawsuits
Microsoft Corp agreed to spend at least US$1 billion to provide a million computers and related services for schools in poor neighborhoods to settle class-action lawsuits accusing it of overcharging consumers.

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Siemens AG, the world's fifth-biggest mobile-phone maker, is seeking a partner for its unprofitable cellular-phone division to revive earnings and win back market share, said management board member Volker Jung.

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