China Business News, 7/03/08
Citing worsening market conditions, on July 2, BCD Semiconductor Manufacturing Limited (BCD) halted its plans to IPO in the United States. Read More...
Beijing Times, 7/03/08
Hu Chao, CEO of domestic all-in-one childcare products side Leyou, announced yesterday that his company had received a total of USD 37 mln from Deutsche Bank and AsiaVest Partners in its third round of funding. Read More...
National Business Daily, 7/03/08
At a videoconference held yesterday by the Ministry of Industry and Information Technology (MIIT), MIIT minister Li Yizhong announced a new plan for the ministry under which the MIIT will bear primary responsibility for 15 duties and establish 24 departments, of which eight will pertain to information industry management and the promotion of informatization, employing a planned 599 workers, or 731 when factoring in retiring and retired cadres. Read More...
Xinhuanet, 7/02/08
Li Yizhong, the Minister of Industry and Information Technology has stated that his ministry has two key battles to wage in promoting TD-SCDMA. Read More...
The Beijing News, 7/03/08
According to the operations department of the company, China Telecom (NYSE: CHA; 0728.HK) headquarters has issued a memo stating that it will establish its own terminal company. Read More...
Chongqing Evening News, 7/03/08
Prices for some JV-branded 40" LCD televisions in Chongqing Gome (0493.HK), Suning (002024.SZ) and Sanlian sales outlets have dropped from the average 2005 price of approximately RMB 20,000 to RMB 6,000. Read More...
