The launch of the new Netbook, a predecessor of the LG-X110 Netbook released last year, was announced this week by LG Electronics at the GSMA Mobile World Congress show in Barcelona. It seems that the novel LG-X120 might become a worthy contender in the Netbook market as it offers an integrated 3G HSPA connection and a 160GB hard drive.

LG informed that the latest Netbook is equipped with a 'Smart-On' interface that allows the user to trace most frequently used programs just a few seconds after hitting the power button without waiting for the OS to completely load on the desktop.

Today the Epson Stylus Office range was launched by Epson in India. It was announced by the company in a press conference in Bangalore that the latest Epson Stylus Office T30, T40W, TX300F and TX600FW were the company's exclusive latest business MFDs printers which have specially been designed to meet the needs of small and medium enterprises (SMEs). Furthermore, the company also launched two sheet fed scanners, the Epson GT-S80 and GT-S50, as part of the line-up.

It has come to vision that Asus is mulling over to stop the production of its 8.9" Eee PCs by the end of this year as users prefer 10" models over 8.9" model. We saw the launch of Eee PC in late 2007 by Asus, the credit of its success in terms of unit sales and revenue largely goes to the commencement of the Netbook series.

Home renovation supply retailer Rona has taken the hit due to the fading consumer interest as a result of recession. It will build less than half of its previously planned stores this year and is skeptical about its financial performance over this year which might be falling well short of its earnings objectives for 2009.

"Given the current financial, economic crisis, we will remain very, very prudent and selective with our development projects, focusing on the projects with the highest return on investment," said Chief Financial Officer Claude Guevin, in a conference with the analysts.

Noida based chemicals and drug maker Jubilant Organosys failed to witness good response to its buy back offer for all its outstanding foreign currency convertible bonds
(FCCBs) worth $241 million. The firm said, in a filing before Bombay Stock Exchange, that it would buy FCCBs worth $3 million due in 2010 with total cash of $2.55 million.

The firm received bids worth $48 million only for buy back shares via FCCB tender offer.

Leading commercial note book maker, HP India launched a new Elite Book Notebook PC series, targeting high class business professionals in corporate sector.

The notebooks, with 15 hour battery life, are provided with all day to day use facilities and designed to withstand instant temperature increase, vibrations and humidity problems, using cutting edge technology in its manufacturing process.