Last Friday, Refond Optoelectronics (Refond) announced the acquisition of 13.04 percent share of Shenzhen LT Photoelectricity Technology Co. for RMB 30 million (US $4.9 million) through a preferred stock purchase agreement signed with Peng Xiaoling and Wang Weiquan. Refond however has corrected the announcement, reporting that the company purchased 15 percent share.
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Clive Davis, the iconic, award-winning record producer known for launching the careers of Whitney Houston, Bruce Springsteen, Janis Joplin, and more, chose Samsung to help transform his Westchester, New York home theater into a world-class cin... READ
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