Marbridge Daily

<- February 15, 2011 ->

Featured Articles

Groupon, Tencent JV Website Goes Live

DoNews, 2/15/11

The website for global group buy site Groupon's China joint venture with Tencent (0700.HK), Gaopeng.com, has gone live online.   Read More...

Rumor: Qihoo 360 to Acquire Enterprise IM Provider

enicn.com, 2/15/11

Chinese online security software developer Qihoo 360 reportedly met secretly with enterprise chat and online whiteboard software maker IMOffice at the latter's operations center yesterday for acquisition talks.   Read More...

Rumor: President of Shanda Subsidiary Resigns

Sohu IT, 2/15/11

According to a source within Shanda Interactive (Nasdaq: SNDA), Xu Chaojun, president and chairman of Hangzhou Bianfeng, Shanda's chess and board game developer subsidiary, has turned in his letter of resignation and will soon leave his post.   Read More...

Yoyi Media Obtains USD 20 Mln in Second-Round Funding

Sina Tech, 2/15/11

Beijing-based internet advertising agency Yoyi Media recently announced that it had obtained USD 20 mln in second-round funding from a group of investors led by Oak Investment Partners.   Read More...

Rumor: China Unicom, Nokia to Launch Symbian 3G Handset

Netease Tech, 2/15/11

An industry source claimed recently that following China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) partnership to introduce the Nokia C7 3G handset to China, the operator is preparing to bring over another flagship handset, the Nokia E7, which it also plans to subsidize.   Read More...

Rumor: Foxconn Touch Screen Plant Starts Production in March

Sina Tech, 2/15/11

Taiwanese electronics manufacturer Foxconn's (2038.HK; 2354.TW) touch screen LCD display plant in Dongguan, Guangdong province began recruiting and training additional workers before Chinese New Year and will begin production in March, according to Liu Zhida, member of the municipal committee for the town of Huangjiang in Dongguan.   Read More...

 

Telecom

ZTE Records 2010 Contract Sales of RMB 100 Bln

ZTE PR, 2/15/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) today announced that it secured RMB 100 bln in contract sales in 2010, up 26% YoY.   Read More...

Huawei Resists Pressure to Divest US Tech Firm

Sohu IT, 2/15/11

According to Bloomberg, Chinese telecom equipment and terminal manufacturer Huawei has refused a request from the Committee on Foreign Investment in the United States (CFIUS) to voluntarily divest U.S. technology firm 3Leaf Systems, which it acquired in May 2010.   Read More...

Wikileaks: US Diplomats Attempted to Block Huawei in Europe

AsiaInfo-Linkage Wins China Mobile BOSS Contracts

PRNewswire Asia, 2/15/11

Chinese telecom software solutions and IT security products and services provider AsiaInfo-Linkage (Nasdaq: ASIA) today announced that it has signed Next Generation Business Operation Support System ("NG-BOSS") 3.0 upgrade contracts with China Mobile (NYSE: CHL; 0941.HK) branches for Shanghai, Zhejiang, Henan, Liaoning, and Guizhou.   Read More...

 

Wireless

Borqs Among 6 Firms to Receive USD 26 Mln from Intel Capital

Intel PR, 2/14/11

Intel Capital announced at the 2011 GSMA Mobile World Congress in Barcelona yesterday that Beijing-based mobile software solutions provider Borqs is one of six companies to receive a total of approximately USD 26 mln in new investment.   Read More...

China Mobile, Other Operators Launch Global TD-LTE Initiative

PR Newswire Asia, 2/15/11

The Global TD-LTE Initiative, aimed at promoting TD-LTE development and backed by China Mobile (NYSE: CHL; 0941.HK) and 6 other global telecom operators, launched today at the Third LTE TDD/FDD International Summit in Barcelona.   Read More...

ZTE Unveils New Android Smartphone

EON Business Wire, 2/14/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) launched its new flagship Android smartphone, the ZTE Skate, at the 2011 GSMA Mobile World Congress in Barcelona yesterday.   Read More...

Sky-Mobi Q3 FY2011 Profit Reaches RMB 185 Mln

Sky-Mobi PR, 2/14/11

Hangzhou-based mobile software platform developer Sky-Mobi (Nasdaq: MOBI) announced today its unaudited financial results for the fiscal third quarter ended December 31, 2010.   Read More...

MIIT Issues 309 Network Access Permits in Early January

CCID, 2/15/11

China's Ministry of Industry and Information Technology (MIIT) issued 309 network access permits for telecommunications equipment in the first half of January.   Read More...

Chinese Operators, Vendors Support Wholesale Applications Community

WAC PR, 2/14/11

Global open applications platform Wholesale Applications Community (WAC) announced its commercial launch at the 2011 GSMA Mobile World Congress in Barcelona yesterday, with multiple mobile operators including China Mobile (NYSE: CHL; 0941.HK) announcing they have connected to the WAC platform.   Read More...

Huawei to Deploy WCDMA Networks for NII in Mexico, Brazil

NII PR, 2/15/11

Chinese telecom equipment and terminal manufacturer Huawei and NII Holdings, a US-based operator of wireless networks in Latin America, today announced that Huawei has been selected to provide equipment and related services for new WCDMA networks for NII subsidiaries in Mexico and Brazil.   Read More...

 

Internet

Rumor: Kingsoft Restructuring Powerword Dictionary Business

Tencent Tech, 2/15/11

According to inside sources, software developer and online entertainment provider Kingsoft (3888.HK) is considering major corporate restructuring plans that call for dropping the Powerword dictionary application's 13-year-old name and logo.   Read More...

Analysys: China's Q4 Online B2C, C2C Market Reaches RMB 173 Bln

Chengdu Daily, 2/15/11

Chinese market research firm Analysys International announced figures today showing that in the fourth quarter of 2010, China's online retail (B2C and C2C) market saw transactions of RMB 172.8 bln, up 29% QoQ.   Read More...

Rumor: Alibaba Visits Silicon Valley, Snubs Yahoo

DoNews, 2/15/11

According to an industry source, Alibaba Group chairman Jack Ma, Taobao CEO Jonathan Lu, and other Alibaba senior managers recently visited Silicon Valley, but did not pay a courtesy call to Yahoo senior management.   Read More...

Alibaba Group Search Veteran to Launch Start-Up

Sina Tech, 2/15/11

Chen Hua, founder of Chinese vertical search site Kuxun and head of search for Alibaba Group, has stepped down to start a new mobile Internet start-up focused on merging mobile internet and daily life activities.   Read More...

Goldcool Founder to Launch E-Commerce Start-Up

Sina Tech, 2/15/11

Ge Binbin, founder of Chinese online game developer and operator Goldcool, a subsidiary of Shanda Games (Nasdaq: GAME), is launching a new e-commerce start-up.   Read More...

Suning B2C Site 2010 Sales Reach RMB 2 Bln

Oriental Morning Post, 2/15/11

Chinese consumer electronics and home appliance retailer Suning's (002024.SZ) B2C platform, Suning Yigou (Suning.cn), has released first year performance figures reaching RMB 2 bln in annual sales, over 4 mln registered users, and 5,000 daily transactions averaging RMB 6 mln a day.   Read More...

Dianping to Open Group Buy Channel in Chengdu

Sina Tech, 2/15/11

Online ratings and social bookmarking site Dianping.com today announced that it will launch a group buy channel for the city of Chengdu, Sichuan province, in mid-March.   Read More...

Baidu Releases Video Player Client

Sohu IT, 2/15/11

Chinese internet company Baidu (Nasdaq: BIDU) has released a closed beta version of its video player client, Baidu Yingyin.   Read More...

PPLive Confirms Receipt of USD 250 Mln Investment

Sina Tech, 2/15/11

Chinese P2P streaming video platform PPLive (PPTV) announced today that it had received payment of USD 250 mln in funds from Softbank.   Read More...

Perfect World to Open New Servers for MMO

Duowan, 2/15/11

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will open two new servers for its self-developed 3D MMORPG Zhu Xian 2 on February 18.   Read More...

Perfect World to Open New Servers for MMO

Duowan, 2/15/11

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will open two new servers for its self-developed real-time fantasy MMORPG Dragon Excalibur on February 25.   Read More...

Giant to Open New Servers for MMO

17173.com, 2/15/11

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced that it will open two new servers for its self-developed MMORPG ZT Online II on February 18.   Read More...

Guangyu to Begin OB of Dancing Game

People.com.cn, 2/15/11

Beijing-based online game developer and operator Guangyu, a subsidiary of Coslight Technology (1043.HK), has announced that it will begin open beta testing of its 3D dancing advanced casual game (ACG) Xuanwu Ba 2 on February 25.   Read More...

Sichuan Digital Publishing to Begin New-Round CB of MMO

17173.com, 2/15/11

Chinese online game developer and operator Sichuan Digital Publishing Media has announced that it will begin a new round of closed beta testing of its self-developed MMORPG Tiexue Danxin on February 25.   Read More...

Soonyo to Begin New-Round CB of MMO

17173.com, 2/15/11

Chongqing-based online game developer and operator Soonyo Technology has announced that it will begin a new round of closed beta testing of its licensed 3D fantasy MMORPG Xunyou Shijie in March.   Read More...

Game Bar to Begin CB of MMO

17173.com, 2/15/11

Beijing-based online game developer and operator Game Bar Entertainment has announced that it will begin closed beta testing of its self-developed 3D MMORPG Ju Xian on March 16.   Read More...

 

Television

Foxconn, Sony to Build LCD TV Plant in Shandong Province

Economic Observer, 2/15/11

According to news from the Shandong Province Department of Commerce, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) and Sony plan to jointly build an LCD TV plant in Yantai, Shandong province.   Read More...

Coship to Produce Hyundai-Branded All-in-One TV

China News, 2/15/11

Nantong Coship Electronics, a wholly-owned subsidiary of Shenzhen Coship Electronics (002052.SZ), designer and manufacturer of satellite, cable, and terrestrial TV reception equipment, has licensed the mainland China rights to use Hyundai's trademark on its all-in-one TV sets.   Read More...

SARFT: Henan Province Cable TV Subscribers Reach 7 Mln

SARFT, 2/14/11

According to China's State Administration of Radio, Film and Television (SARFT), Henan province has reported that total cable TV subscribers reached 7.25 mln in 2010, up 13.27% YoY from 2009.   Read More...

 

Hardware & Software

Foxconn Employee Retail Franchise Plan Launches in Shandong

Sina Tech, 2/15/11

The Shandong Provincial Department of Commerce has announced that Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) will be initiating its "Galloping Horses" employee retail franchise initiative in Shandong.   Read More...

China's 2011 Rural Appliance Sales Reach RMB 26 Bln

Shanghai Securities News, 2/15/11

According to China's Ministry of Commerce, 10.49 mln electrical and electronic appliances were sold nationwide through the "Appliances to the Countryside" subsidy program in January 2011, resulting in RMB 25.36 bln in sales, up 80% and 123% YoY respectively.   Read More...

Kingdee Subsidiary Releases Inventory Software Solution

Sohu IT, 2/14/11

Kingdee E-Business Service Company, a subsidiary of Chinese enterprise management software developer Kingdee International Software Group (0268.HK), recently released its "Zhihui Ji" inventory software designed for small businesses.   Read More...

BOE 6G LCD Plant to Reach Annual Production Value of RMB 8 Bln

Netease Tech, 2/15/11

Chinese TFT-LCD manufacturer BOE Technology Group (000725.SZ) has announced that its 6G LCD production facility in Hefei will reach maximum capacity by May 2011, permitting annual production of 10 mln screens for a total production value of RMB 8 bln.   Read More...

 
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