SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd, the world's No.1 memory-chip maker, said on Thursday it has completed talks with the state government of Texas where it plans to invest $3.9 billion to expand system-chip production lines and that the expansion would proceed. (Reporting by Ju-min Park and Se Young Lee; Editing by Matt Driskill)

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Talks to avoid a U.S. fiscal crisis stalled on Wednesday as President Obama accused opponents of holding a personal grudge against him while the top Republican negotiator called the president "irrational."

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During a year with a monster storm and scorching heat waves, Americans have experienced the kind of freakish weather that many scientists say will occur more often on a warming planet.

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President Barack Obama spoke with Israeli Prime Minister Benjamin Netanyahu and Egyptian President Mohammed Morsi Wednesday night about rocket attacks being launched from Gaza into Israel and escalating violence in the Gaza Strip.

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Earlier this week, Apple CEO Tim Cook met with his counterpart from Samsung, Choi Gee-sung, as part of court-mediated talks seeking to find common ground in the ongoing patent battles between the two companies. Unsurprisingly, the talks seems to have been relatively unproductive, with the U.S. case underway in California all but certain to proceed to trial.


Apple has been silent on the talks, but The Korea Times reports on comments from Samsung officials indicating that no agreement was forthcoming.

The two technology giants could find no clear agreement through the talks, according to a Samsung official. Apple Korea declined to comment on the matter.

The patent battle is now headed for trial on June 27, despite both firm’s stated wish to avoid legal proceedings.

According to foreign media outlets, both technology giants held firm on their assertions: Samsung continued to demand Apple pay royalties for using its wireless transmission technology and Apple insisted that Samsung copied its design in various products.

The Korea Herald reports that Samsung's contingent will be returning to Korea on Friday, and with Samsung chairman Lee Kun-hee also returning from a three-week business trip to Europe, the company's top executives will almost certainly meet to discuss the talks. It appears, however, that there is little chance of Apple and Samsung budge from their positions sufficiently to prevent a trial from taking place.

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Russian newspaper Izvestia reports [Google translation] that the organizers behind the Skolkovo technology park near Moscow are currently in talks with a number of high-profile companies including Apple, Google, and Facebook about locating research and development facilities in the area. Skolkovo has already landed agreements with Microsoft, IBM, General Electric, Cisco, and others, with the project's backers envisioning the region becoming Russia's version of Silicon Valley bolstered by dozens of major corporations.

According to the report, Apple officials in Moscow declined to comment on the claims, but Skolkovo executive Roman Romanovsky indicated that the two sides have expressed interest in negotiating about possibilities. No deal appears to be imminent, although Romanovsky hopes that the talks will eventually lead to an agreement.

Apple is in the process of opening up its first major international research and development center in Israel, looking to leverage its own expertise and that of Anobit, an Israeli flash memory company acquired by Apple earlier this year, to spur new innovations.

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SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd come face to face on Monday in court-directed mediation in the United States over a dispute in which the iPhone maker claims the Korean firm has "slavishly" copied some of its products. Apple's Tim Cook and Samsung's Choi Gee-sung have been instructed by a federal judge to appear for mediation in San Francisco to help resolve the bitter patent litigation between the two firms. The U.S. ...

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SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday. Apple's Tim Cook and Samsung's Choi Gee-sung, whose companies are embroiled in bitter patent litigation, have been instructed by a federal judge to appear for court-supervised mediation. A joint court filing in April said that "as directed by the Court, Apple and Samsung are both willing to participate" in the discussions. ...

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