Hardware & Electronics

Ukrainian entrepreneur Dmytro Kostyk brings his Interactive Restaurant Technology to US market

After testing its interactive surfaces in restaurants in Cyprus, Dubai and Abu-Dhabi, Ukrainian technology company Interactive Restaurant Technology is set to start working in the United States. The startup, which is a brainchild of another Ukrainian company, Kodisoft, is planning to build three “interactive venues” in San Antonio, Texas, and launch a manufacturing line in …

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Ukrainian ICT market could shrink by up to 50% in 2014; IT services less affected than equipment

Prospects for the Ukrainian ICT market (not including telephones) continue to appear bleak, as market intelligence firm IDC has reported that it may shrink by 25% by the end of the year, especially impacting the electronic equipment and software sectors. The volume of shipments of electronic equipment, in particular, is expected to fall back to the …

Ukrainian ICT market could shrink by up to 50% in 2014; IT services less affected than equipment Read More

Ukrainian startup Ritot accused of fraud after raising $1 million on Indiegogo

Ritot, a Ukrainian startup seeking crowdfunding on Indiegogo for a what they present as the “first projection watch,” has raised a considerable amount of funding, but garnered criticism and accusations of fraud in the process. With less than a week left in their Indiegogo campaign, the company has far surpassed its original target of $50,000 …

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Jabil Circuit Ukraine to invest $1.5 million in electronics production in Transcarpathia

Having already invested $88 million since it established a base in Uzhgorod, Ukraine in 2004, the US-based manufacturing giant Jabil Circuit announced yesterday that they intend to spend a further $1.5 million for the purpose of boosting manufacturing-capacity for high-tech, complex products. The company says that this latest investment will be directed towards boosting output …

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