Vodka maker Russian Standard pays $3 million to acquire the vodka.com domain, part of a bid to expand into the US market. Sedo.com, the Web domain brokering unit had acted as the sales agent in the deal, reports said
IMS Research reports that the Chinese market will increase to around 199 million units in 2011. At the same time, the penetration rate of music-enabled handset is predicted to grow to 68% by 2011.
Pantech unveils a IM-U160 digital multimedia broadcasting (DMB) handset in the South Korean market The handset has a 2.6' wide QVGA LCD screen with 15:9 aspect ratio, compared to the 4:3 screen ratio offered by many mobile phones, and can be used as a portable TV.