The differential GPS system will enable digital multimedia broadcasting devices such as car navigation systems to receive and use information in times of distress, and also reduce the margin of error from regular GPS systems.
Both sides will raise cooperation in ICT, with Indonesia eyeing mutual benefits from opening up to more business to India's ICT expertise.
The storage giant is opening a new design and R&D center called "The Shugart", which will focus on development of 2.5-inch small form-factor products for computing devices.
Run by Bosch Software, which has a network of over 50 charging stations in the country, the fast-charger facility can power up e-vehicles within 30 minutes instead of the usual six hours.
A task force will be set up by the government to help develop the country's space industry and encourage more private sector entities to emerge and have successful businesses.
Four affiliates of the South Korean electronics giant will help create a new mutual growth fund for second- and third-tier suppliers, which help boost their available capital.
China is looking to introduce favorable policies and attract investment for its Beidou Navigation Satellite System, as well as expand its commercial use.
Companies prefer taking incremental steps when it comes to innovation to align with business processes and corporate culture, but agree the disruptive route should be taken once in a while.
The Media Exploits 2012 event gives local startups a platform to exhibit innovations ranging from mobile advertising and online games to video streaming and analytics.
Malaysian government holds back on issuing a license previously granted to Australia-based company's facility, saying it will review claims from activist groups over environmental and safety concerns.