Marbridge Daily

<- May 17, 2011 ->

Featured Articles

3G.cn Merges Mobile SNS with Sina Microblog

Sina Tech, 5/16/11

Chinese internet company Sina (Nasdaq: SINA) today announced that Sina Weibo microblogging platform will be merged with Chinese mobile internet portal 3G.cn's SNS product Bula.cn to create the co-operated "3G.cn Sina Microblog."   Read More...

Qihoo 360 Loses Kingsoft Unfair Competition Suit

PR Newswire Asia, 5/16/11

China's First Intermediate People's Court today ruled in favor of Chinese internet firm Kingsoft's (3888.HK) PC security and anti-virus subsidiary Kingsoft Network Technology, stating that online security software developer Qihoo 360 (NYSE: QIHU) committed unfair competition by defaming and forcefully uninstalling Kingsoft's Antivirus WebShield service.   Read More...

China Mobile Lowers GoTone Fees, Unveils New Packages

Sina Tech, 5/17/11

China Mobile (NYSE: CHL; 0941.HK) announced in Beijing today that it is lowering GoTone calling fees nationwide and releasing new data and voice calling plans.   Read More...

Rumor: SMEG Subsidiary Invests in Giant's Browser Game Subsidiary

National Business Daily, 5/17/11

Recent industry rumors hold that Shanghai Media Group (SMG) has begun its initial foray into the browser game market.   Read More...

China Digital TV Holding Q1 2011 Profit Up 39% YoY

China Digital TV PR, 5/16/11

China Digital TV Holding (NYSE: STV), provider of conditional access systems to China's digital television market, today announced its unaudited financial results for the first quarter ended March 31, 2011, with net revenue up 37.7% YoY, but down 41.2% QoQ to USD 19.3 mln.   Read More...

Spansion Extends OEM Agreement with SMIC

PR Newswire Asia, 5/16/11

Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) and U.S.-based Flash memory provider Spansion have announced that SMIC will extend its current foundry arrangement to expand 65nm wafer OEM production capacity and include the manufacture of Spansion's 45nm Flash memory.   Read More...

 

Telecom

Rumor: Huawei Sales Slump in Q1 2011

Cnhubei.com, 5/17/11

According to a source inside Chinese telecom equipment and terminal manufacturer Huawei, a recent company memo to all departments from the office of CEO Ren Zhengfei revealed that sales revenue for the Huawei's Products and Solutions Staff Team (PSST) saw a year-on-year decrease of 1% in Q1.   Read More...

 

Wireless

China Unicom Launches 2 HSPA+ Data Cards

Netease Tech, 5/17/11

Mobile operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) today released an initial batch of 100,000 HSPA+ data cards in 56 cities nationwide.   Read More...

China Telecom, RIM Launch BlackBerry Services for Small Business

RIM PR, 5/16/11

China Telecom (NYSE: CHA; 0728.HK) and Research in Motion (RIM) today announced the launch of the BlackBerry Internet Service (BIS) for small business customers in China, as well as the BlackBerry Bold 9650 3G CDMA smartphone.   Read More...

Beijing Unicom Denies Demolishing PHS Base Stations

Beijing Morning Post, 5/17/11

Responding to subscriber complaints that signal quality for Beijing Unicom PHS handsets had deteriorated following the operator's quiet demolition of base stations, Beijing Unicom denied today that it had begun phasing out PHS services, saying that any phase-out of PHS service would be conducted following communication with related governmental bodies - though the operator also said that it encouraged users to transition their service.   Read More...

Innovation Works App Store Exceeds 100 Mln Downloads

Tencent Tech, 5/17/11

Chinese venture capital firm Innovation Works' Android app store start-up, AppChina.com (formerly Yingyonghui.com), has exceeded 100 mln downloads over a five month span, according to Innovation Works VP of investment Lang Chunhui.   Read More...

Zoom Q1 2011 Profit Up 6% YoY

Globe Newswire, 5/16/11

Beijing-based telecom equipment and terminal manufacturer Zoom Technologies (Nasdaq: ZOOM) today announced financial results for the first quarter ended March 31, 2011.   Read More...

Alibaba Denies Developing Mobile IM App

Sina Tech, 5/17/11

Chinese e-commerce conglomerate Alibaba Group today officially denied rumors that its subsidiary, Hangzhou Detian Information Technology (PHPWind), had developed a mobile application focused on group messaging called Aliqunqun (Qunqun.me), saying it had no connection to the mobile IM service.   Read More...

Techfaith, BEIID Establish Smartphone Manufacturing JV

PR Newswire Asia, 5/17/11

Mobile phone solutions provider and mobile and online game developer China TechFaith Wireless Communication Technology (Nasdaq: CNTF) today announced it will establish a joint venture company with Beijing E-Town International Investment and Development Co., Ltd. (BEIID), an investment company established by the Beijing Municipality, for a period of 30 years.   Read More...

SinoHub Q1 2011 Profit Up Nearly 3% YoY

SinoHub PR, 5/16/11

Shenzhen-based electronic component supply chain management (SCM) service provider SinoHub (NYSE Amex: SIHI) today announced its unaudited financial results for the first quarter of 2011, with net revenue down 1.6% YoY to USD 38.0 mln.   Read More...

Telestone Records Q1 2011 Profit of USD 1.6 Mln

PR Newswire Asia, 5/16/11

Chinese wireless communication coverage solutions provider Telestone Technologies Corporation (Nasdaq: TSTC) today announced its financial results for the first quarter ended March 31, 2011, with revenue up 30.0% YoY to USD 14.5 mln.   Read More...

Jingwei Q1 2011 Profit Down 8% YoY

PR Newswire Asia, 5/16/11

Shenzhen-based interactive marketing firm Jingwei International (Nasdaq: JNGW) has today announced its financial results for the first quarter ended March 31, 2011, with total revenue up 47% YoY to USD 7.5 mln.   Read More...

InfoQuick SinoVoice Launches Android Handwriting IME

Marbridge Consulting, 5/17/11

Beijing-based human-computer interaction developer InfoQuick SinoVoice has released a new handwriting input method editor for Android smartphones, "Luyi Handwriting Input," with support for cursive handwriting, columnar script, and horizontal handwriting with line breaks.   Read More...

DKMGame to Begin CB of Mobile MMO

China Mobile Gaming Portal, 5/17/11

Chengdu-based online game developer and operator DKMGame's self-developed mobile MMORPG Haotian Qiyuan Online will begin closed beta testing on May 18.   Read More...

 

Internet

eLong Q1 2011 Profit Up 30% YoY

eLong PR, 5/17/11

Chinese online travel service provider eLong (Nasdaq: LONG) has announced its unaudited financial results for the first quarter of 2011, with net revenue up 23% YoY to RMB 124.5 mln.   Read More...

Ctrip Q1 2011 Profit Up 23% YoY

PRNewswire, 5/16/11

Chinese online travel service provider Ctrip (Nasdaq: CTRP) today announced its unaudited financial results for the quarter ended March 31, 2011, with net revenue up 30% YoY to RMB 765 mln.   Read More...

360Buy Confirms Termination of Alipay Partnership

Sina Tech, 5/17/11

Liu Qiangdong, CEO of Beijing-based IT products B2C e-commerce platform 360Buy, confirmed today that 360Buy had terminated its partnership with third-party payment processor Alipay this week.   Read More...

360Buy Completes USD 1.5 Bln in Third-Round Funding

Sina Tech, 5/17/11

Liu Qiangdong, CEO of Beijing-based B2C e-commerce platform 360Buy, today disclosed that 360Buy has completed third-round funding totaling USD 1.53 bln, the last USD 300 mln of which is to be deposited by the end of this month.   Read More...

360Buy Confirms Investment by Baidu CEO

Tencent Tech, 5/17/11

Liu Qiangdong, CEO of Beijing-based B2C e-commerce platform 360Buy, issued a clarification today regarding rumors that Chinese internet company Baidu (Nasdaq: BIDU) had participated in 360Buy's recent USD 1.5 bln third round of funding.   Read More...

Meituan Discloses USD 20 Mln in Sequoia Funding

Tencent Tech, 5/17/11

Wang Huiwen, founder and VP of Chinese group buy site Meituan, divulged today that Meituan had received USD 20 mln in funding from Sequoia Capital in October 2010.   Read More...

Vancl to Open Chengdu Logistics Facility

Sichuan Online, 5/16/11

Chinese B2C clothing website Vancl has announced it will soon open a logistics center in Chengdu following the establishment of similar centers in the cities of Wuhan and Xi'an.   Read More...

Rumor: B2C Sites Spend Millions of RMB on Celebrity Spokespeople

Sichuan Online, 5/17/11

Zhao Xuebing, public relations representative of Chinese online apparel retailer Okaybuy, recently revealed that female celebrity Yang Mi receives approximately RMB 3 mln per year to represent Chinese online classifieds site 58.com.   Read More...

Former 360Buy, Ninetowns Executives Join VIPStore

Sina Tech, 5/17/11

Allen Yang, CEO of Chinese luxury goods e-commerce site VIPStore.com, has confirmed that Zhang Chuan, former vice president of Beijing-based B2C e-commerce platform 360Buy, has joined VIPStore.com as a senior vice president.   Read More...

Rumor: Ex-Joyo Amazon VP to Join Shanda's Bambook Subsidiary

Sohu IT, 5/17/11

According to an industry source, Guo Chaohui has stepped down as a vice president of B2C e-commerce site Joyo Amazon to join Nut Shell Electronics, the Shanda Interactive (Nasdaq: SNDA) subsidiary responsible for the Bambook e-reader, as its CEO.   Read More...

ChinaNet Q1 2011 Profit Down 26% YoY

ChinaNet, 5/17/11

Chinese online and TV advertising firm ChinaNet Online Holdings (Nasdaq: CNET) has announced its financial results for the first quarter of 2011.   Read More...

Baidu Loses Lawsuit Brought by Paid Search Advertiser

Beijing Times, 5/17/11

Chinese internet company Baidu (Nasdaq: BIDU) recently lost a contract violation lawsuit brought by an online advertising client, and was ordered by Beijing Haidian District People's Court to refund RMB 2,000 in ad spend.   Read More...

Rumor: Baidu Sends Senior VP to Stanford Sloan Program

CNET, 5/16/11

According to an industry source, Shi Youcai, senior vice president of Chinese internet company Baidu (Nasdaq: BIDU), will attend Stanford University's one-year Sloan Master's program.   Read More...

DocIn to Launch Cross-Terminal Reading Management Platform

Netease Tech, 5/17/11

DocIn VP Wang Yu said today that the Chinese document sharing site will release a cross-platform reading management platform, "Yun Shufang" ("Cloud Study"), by the end of this month, with the goal of helping readers manage and read their documents on their PCs, mobile phones, iPads, and other terminals.   Read More...

Tencent to Begin Unlimited CB of MMO

Tencent PR, 5/16/11

Chinese online game developer and operator Tencent (0700.HK) has announced that it will begin unlimited closed beta testing of its licensed 3D real-time strategy MMORPG League of Legends (LOL) on May 25.   Read More...

Shanda Games Opens New Servers for MMO

17173.com, 5/17/11

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has announced that it opened 42 new servers for its self-developed MMORPG Legend of Immortals on May 16.   Read More...

Dacheng to Open New Server for MMO

Sina Games, 5/17/11

Shanghai-based online game operator Dacheng Network, a subsidiary of KongZhong (Nasdaq: KONG), has announced that it will open a new server for its self-developed 3D fantasy MMORPG Trinity Blood on May 20.   Read More...

Powerleader to Open New Servers for MMO

17173.com, 5/17/11

Shenzhen-based online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced that it will open two new servers for its licensed 3D fantasy MMORPG Xuanwu on May 20.   Read More...

Powerleader Announces New MMO

17173.com, 5/17/11

Shenzhen-based online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced a new self-developed Chinese martial arts 2.5D MMORPG Xin Song Yan Yi.   Read More...

CondorGame to Begin Initial CB of Browser Game

17173.com, 5/17/11

Beijng-based online game developer and operator CondorGame has announced that it will begin initial closed beta testing of its licensed browser game Jianwu Fengyun on May 17.   Read More...

Moliyo to Begin Second-Round CB of MMO

17173.com, 5/17/11

Shanghai-based online game developer and operator Moliyo has announced that it will soon begin a second round of closed beta testing of its self-developed cartoon-style 2.5D MMORPG Hai Zhi Meng Online.   Read More...

 

Television

Gansu Province Accelerates Cable TV Network Consolidation

DVB CN, 5/17/11

Li Xiaojie, head of the Publicity Department of Gansu Province, recently disclosed that Gansu will audit existing network assets and determine ownership stakes in order to establish a provincial cable TV network company and its local affiliates this year.   Read More...

Nanchang Raises Monthly Cable DTV Fee to RMB 24

DVB CN, 5/17/11

A marketing spokesperson for Nanchang Radio & Television Network Transmission Center in Jiangxi province said recently that the municipal cable TV operator would set a new price point of RMB 24 per month for DTV subscriptions.   Read More...

Xinjiang Cable DTV Operator Launches 4 HD Channels

LMTW, 5/16/11

The Xinjiang Broadcast Network recently launched four new HD cable DTV channels - an HD movie channel, an HD Discovery-style nature documentary channel, an HD sports channel, and an HD arts channel.   Read More...

Lashou Appoints Charm Communications as PR Firm

PR Newswire Asia, 5/17/11

Chinese TV advertising firm Charm Communications (Nasdaq: CHRM) has been named Chinese group buying site Lashou.com's public relations and media agency.   Read More...

 

Hardware & Software

Lenovo, Nikoyo Partner on Enterprise Storage

Sina Tech, 5/16/11

Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) and Hong Kong-based storage and systems integration solutions provider Nikoyo officially signed a memorandum of understanding in Beijing yesterday.   Read More...

Hanvon Unveils Dual-Touch ERT Technology

PR Newswire Asia, 5/17/11

Chinese e-reader and handwriting input peripherals manufacturer Hanvon (002362.SZ) today unveiled the Hanvon ERT Touch Technology at the Society for Information Display (SID)'s 49th International Symposium, Seminar, and Exhibition (Display Week 2011) in Los Angeles, California.   Read More...

Longtop Wins Risk Management Supply Contract

PR Newswire Asia, 5/17/11

Chinese financial services software developer Longtop (NYSE: LFT) has announced that the company has won a supply contract with a leading city commercial bank in China to provide risk management solutions, having already delivered data integration and Business Intelligence (BI) solutions to the same customer previously.   Read More...

 
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