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South Korea and Israel - Business Data and News

Israeli Solar Battery Start-Up, Sol Chip, raised $1M

sol-chip-logoSol Chip completed its second-round financing of $1 million. Half the amount was raised from the Israel Electric Corporation. The balance from a New York investment bank and several private investors.

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Israeli eyeSight raised $2M from Korean-Israeli fund

eye-Sight-logoThe Israeli eyeSight Motion Technology Ltd which developing gesture recognition solutions has raised $2M from MAC - Korean Israeli fund and other private investors.

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Elbit Systems to Upgrade Korean Air Forces' Transport Aircraft

Elbit-Systems-logo Elbit Systems Ltd, an Israeli based Company with international subsidiaries, announced today that it was awarded a contract valued at $62 million to upgrade the Korean Air Force C-130 transport aircraft.

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Israeli Desalitech raises $6.25m from Liberation Capital

Desalitech-logo-2Desalitech, Ltd., a provider of advanced water treatment solutions and technology, announced today that it has secured an equity investment led by Liberation Capital, LLC. The total investment round of $6.25M will be used for expanding Desalitech's business and working capital.

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Israeli D. Medical has signed worldwide OEM and Distribution greement with Korean Twobiens

d-medicalD. Medical Industries Ltd., Israeli medical company, announced Yesterday that its subsidiaries, Spring Health Solutions Ltd. and Spring Set Health Solutions Ltd. have entered into an original equipment manufacturer (“OEM”) agreement with Twobiens Ltd., a leading South Korea
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Telit Wireless Solutions implemented Smart Farm in South Korea

Telit-logoTelit Wireless Solutions, an Israeli global leader in machine-to-machine (M2M) wireless technology, announced the successful completion of its first "smart farm" system in South Korea.

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Shinsegae International to acquire 70% stake of VIDI VICI

shinsegae-logo-sShinsegae International is planing to sign a memorandum of understanding (MOU) on merger and acquisition (M&A) of VIDI VICI and acquire a 70 percent stake in the brand.

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China approved SK Telcome offer to buy 21% of Hynix Semiconductor stake

logo-sktelecomThe South Korean company - SK Telecom (SKT) has won China’s approval to acquire a 21 percent stake in Hynix Semiconductor, the last hurdle to complete the deal by South Korea’s biggest mobile-phone carrier.

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