Friday, June 27, 2008

Dongbu Divests from SETI

Digitimes updated its article on SETI. The newly added paragraph at the end tells that although SETI received investment from Dongbu in 2007, Dongbu noted that on May 23 of this year, it issued a filing with the Korean Stock Market indicating that the company had decided to not to invest in the camera module business with SETI and withdraw its previous investment.

This withdrawal might open a way for Hynix to cooperate with SETI. It almost looks like Digitimes added this paragraph in response to comments to the previous post on the same matter.

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