Shares of Integrated Device Technology Inc (NASDAQ:IDTI) ended Friday session in green amid volatile trading. The shares closed up +0.73 points or 3.27% at $23.07 with 2.18 million shares getting traded. Post opening the session at $22.50, the shares hit an intraday low of $22.40 and an intraday high of $23.30 and the price vacillated in this range throughout the day. The company has a market cap of $3.12 billion and the numbers of outstanding shares have been calculated to be 134.04 million shares.
Integrated Device Technology Inc (IDTI) recently declared the appointment of Hyun-Sik (HS) Kim as its new vice president of sales and country manager for Korea. A sales veteran with more than 30 years in the semiconductor industry, Mr. Kim’s experience covers a wide range of products and markets, counting high-performance computing, automotive, mobile, consumer electronics, network communications and industrial. In addition to his extensive work in Korea, Mr. Kim has managed the Taiwan and ROA regions, implemented sale strategies across Asia and been responsible for APAC segment marketing.
“Mr. Kim has established himself as one of the leading sales executives in the Korean market, and he is a welcome addition to our sales leadership team,” said Mario Montana, chief sales officer at IDT. “Mr. Kim will assist extend our leadership position in memory interface and wireless charging ICs in the Korean market and will in addition to lead our expansion into the fast-growing automotive and industrial market segments.
“IDT already has a strong presence in Korea, and I look forward to working with my new team to expand it even further,” said Mr. Kim. “IDT has positioned itself well for key growth markets, and I’m confident the Korean market will be receptive to our advanced solutions.”
Shares of NetEase Inc (ADR) (NASDAQ:NTES) ended Friday session in green amid volatile trading. The shares closed up +5.95 points or 2.60% at $234.57 with 2.84 million shares getting traded. Post opening the session at $229.01, the shares hit an intraday low of $218.00 and an intraday high of $235.88 and the price vacillated in this range throughout the day. The company has a market cap of $28.97 billion and the numbers of outstanding shares have been calculated to be 3.29 billion shares.
NetEase Inc (ADR) (NTES) debuted its virtual reality game Twilight Pioneers at Google I/O 2016. As one of the first games to commit to Daydream, Google’s platform for high quality mobile VR built on top of Android, Twilight Pioneers was released on November 10.
Twilight Pioneers is the first VR title developed and to be published by NetEase Games, featuring the company’s trademark high quality graphics and addictive gameplay as a result of years of development experience in the world’s leading gaming market. More importantly, the game demonstrates the awesome potential of ARPG in a VR setting, and promises an unforgettable gaming experience that will impress the most sophisticated players.
In Twilight Pioneers, players will experience a magical Eastern fantasy with vividly detailed visual and captivating storytelling. The Dark Lord has corrupted the world, but hope remains as an alliance of brave individuals has emerged to resist the evil forces occupying the land. Players are the Chosen Ones, who are called upon to draw their swords to overcome the darkness and restore the land to its former glory.