Netac Terminates Three Projects
DoNews, 12/21/12
Shenzhen-based USB solutions developer and supplier Netac Technology (300042.SZ) yesterday announced that investment in three projects - a "Storage Applications and Mobile Storage Technology R&D Platform" project, "Storage Application and Mobile Storage Product R&D Platform" project, and a "Marketing Network and Brand Operations Expansion" project - originally announced at the time of the company's IPO in 2009, have been terminated due to a failure to maintain adequate progress.
Keywords: application software storage Netac R&D USB 300042.SZ
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