Marbridge Daily

<- May 18, 2011 ->

Hardware & Software

Hanvon Drops E-Reader Prices by Up to 40%

Shenzhen Stock Exchange, 5/17/11

Chinese e-reader and handwriting input peripherals manufacturer Hanvon (002362.SZ) announced in a filing today that starting this month, it plans to lower prices on certain of its e-reader products by 15% to 40% from their current market prices.   Read More...

AMD, Cloud Valley Open Cloud Computing R&D Lab

Bianews, 5/18/11

Global semiconductor manufacturer AMD and Beijing's Cloud Valley cloud computing industrial base today signed a memorandum of understanding (MOU) to establish a joint cloud computing R&D lab.   Read More...

AIVtech Q1 2011 Profit Down 56% YoY

PR Newswire Asia, 5/18/11

Chinese consumer electronics manufacturer AIVtech (OTCBB: AIVI) today announced its financial results for the first quarter ending March 31, 2011, with revenue down 66.7% YoY to USD 11.4 mln.   Read More...

Yucheng Records Q1 2011 Profit of USD 28K

PR Newswire Asia, 5/17/11

Chinese banking IT solutions provider Yucheng Technologies (Nasdaq: YTEC) today announced its unaudited financial results for the first quarter ended March 31, 2011.   Read More...

China ITS Holdings Acquires 57% Stake in Xinjiang ITS Firm

China ITS, 5/18/11

Intelligent transportation systems provider China ITS Holdings (1900.HK) today announced that its wholly-owned subsidiary Beijing RHY Technology Development has acquired a 57% equity interest in Xinjiang Delida Information Technology from Delida existing shareholders Pan Jinghui and Guo Yonghu.   Read More...

China 3C Group 2010 Loss Reaches USD 25 Mln

SEC, 5/18/11

Chinese retailer and wholesale distributor of consumer and business products China 3C Group (OTCBB: CHCG) has announced its 2010 year-end financial report with revenue of USD 148.35 mln, down 28.8% YoY from 2009 from USD 208.49 mln.   Read More...

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