Tessera Technologies Inc. (TSRA) announced that SK Telesys has licensed Tessera's FotoNation FaceTracker solution, which provides face detection and tracking capabilities for cell phones and digital still cameras.
SK Telesys, based in Seoul, Korea, will integrate the Tessera technology into its 3G-enabled handset, the W-Phone.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.