Marbridge Daily

<- November 02, 2011 ->

Featured Articles

Alibaba Group Invests RMB 1 Bln into ETao Search Engine

DoNews, 11/02/11

Chinese e-commerce conglomerate Alibaba Group has announced plans to invest RMB 1 bln in its ETao e-commerce search engine.   Read More...

Qihoo 360 Responds to Citron Research Report

PR Newswire, 11/02/11

Chinese online security software developer Qihoo 360 (NYSE: QIHU) has responded to a recent Citron Research report claiming that Qihoo 360 is overvalued.   Read More...

TD-LTE Phase-2 Trials May Begin by Year-end

CWW, 11/01/11

At the 5th Annual International Mobile Internet Conference in Beijing earlier this week, Shen Jia of the Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunication Research said large-scale TD-LTE trials may enter their second phase of testing by the end of this year.   Read More...

ZTE Ranks Fourth in Q3 2011 Global Handset Shipments

The Beijing News, 11/02/11

According to new global handset market figures released yesterday by market research firm IDC, Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) had Q3 2011 shipments of 19.1 mln handsets, surpassing Apple to gain a firm fourth-place position with 4.9% of the global market.   Read More...

LED to Replace LCD TVs in First Tier Markets by January 2012

Beijing Times, 11/02/11

Li Qi, head of consumer electronics sales at Chinese consumer electronics and home appliances retailer Suning's (002024.SZ) Beijing branch, revealed yesterday that standard LCD TV sets will gradually be replaced by LED TV sets in first tier city markets by the Chinese New Year holidays in late January 2012.   Read More...

SARFT Rural DBS Program Targets 10 Mln Users in 2011

SARFT, 11/02/11

At a work meeting on direct-broadcast satellite (DBS) service region planning convened by China's State Administration of Radio, Film and Television (SARFT) in Beijing on October 31, Wang Xiaojie, director of SARFT's Department of Science and Technology, said that China's national "Huhutong" rural DBS initiative aims to deploy 10 mln "Huhutong" DBS satellite TV receivers by year's end, growing to 50 mln in 2012 and 200 mln by 2015.   Read More...

 

Telecom

Huawei: No Plans to IPO

Securities times, 11/02/11

John Roese, Senior VP and general manager of Chinese telecom equipment and terminal manufacturer Huawei's North American R&D team, said at yesterday's World CIO Forum in Shenzhen that an IPO was not part of Huawei's current strategic considerations, adding that the company had no need to raise capital by listing.   Read More...

China Telecom Appoints New President and COO

China Telecom, 11/02/11

China Telecom (NYSE: CHA; 0728.HK) has announced that executive director Yang Jie has been appointed as the president and COO with effect from November 2, 2011.   Read More...

 

Wireless

Linktone Q3 2011 Profit Up 667% YoY

PR Newswire, 11/01/11

Chinese wireless value-added service provider Linktone (Nasdaq: LTON) today announced its financial results for the third quarter ended September 30, 2011.   Read More...

Beijing Unicom Launches Promotion to Convert PHS Users

Beijing Morning Post, 11/02/11

Beijing Unicom launched a discount promotion yesterday aimed at encouraging PHS users to change their subscriptions to regular cellular service.   Read More...

Xiaomi Smartphone Shipments Resume

TechWeb, 11/02/11

Li Wanqiang, co-founder and VP of Beijing-based Android handset developer Xiaomi, announced recently that shipments of the company's Xiaomi handsets had resumed.   Read More...

ZTE to Pre-Install deCarta LBS Apps on Handsets

PR Newswire, 11/01/11

Global mobile LBS service provider deCarta today announced a partnership with Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) to provide Chinese consumers with advanced search, navigation and mapping services.   Read More...

2 more Wireless articles available to premium subscribers.

 

Internet

Taobao Mall Faces Government Antitrust Review

Quanzhou Evening News, 11/02/11

Nie Linhai, deputy inspector of the Ministry of Commerce's (MOFCOM) Department of Information Technology, recently disclosed that MOFCOM, the Ministry of Industry and Information Technology (MIIT), and the National Development and Reform Commission (NDRC) are investigating whether Hangzhou-based B2C e-commerce platform Taobao Mall is a monopoly.   Read More...

Manzuo to Shutter 11 Local Group Buy Branches

DoNews, 11/02/11

Feng Xiaohai, CEO of Chinese group buy site Manzuo, denied rumors that the company will lay off 90% of its branch employees and cut wages in half for the remainder, saying that figures quoted in recent news reports are inaccurate.   Read More...

Baidu Wins Defamation Suit against Hudong CEO

Sina Tech, 11/01/11

The Beijing Haidian District People's Court has issued a ruling in favor of internet company Baidu (Nasdaq: BIDU) in its defamation lawsuit against Pan Haidong, CEO of Chinese wiki-based encyclopedia site Hudong.   Read More...

Baidu Joins Facebook's Open Compute Project

Sina Tech, 11/01/11

Chinese internet company Baidu (Nasdaq: BIDU) reportedly reached an agreement last month to participate in the Facebook-led Open Compute Project (OCP) to develop open standards for Internet data centers and related servers and equipment.   Read More...

Qiyi Licenses Transformers 3 from Paramount

iMeigu, 11/02/11

Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site, Qiyi, announced today that it has licensed the mainland China online broadcasting rights to Transformers: Dark of the Moon from Paramount Pictures.   Read More...

Sohu Video to Oversee Content, Operations for MSN Channel

Sina Tech, 11/02/11

Chinese Internet firm Sohu's (Nasdaq: SOHU) online video subsidiary, Sohu Video, today announced it will be responsible for content and operations of its joint online video channel with MSN China.   Read More...

YLMF Launches Directory Site 3456.com

eName.cn, 11/01/11

Dongguan-based operating system developer and Internet portal operator YLMF Computer Technology has launched its 3456.com web directory site.   Read More...

Snow Ball Finance Launches Financial SNS

DoNews, 11/01/11

Chinese financial news site operator Snowball Finance has launched its new financial SNS platform Xueqiu.com today.   Read More...

Online Ticket Search Site 9Youxi Seeks First-Round Funding

China Business Times, 11/02/11

9Youxi.com, a vertical performance ticket search site operated by Beijing-based Guohong Muyi Technology which launched late last month, has begun seeking first-round funding.   Read More...

Ninetowns to Acquire Real Estate Development Firm

PRNewswire-Asia, 11/01/11

Chinese online international trade solution provider Ninetowns (Nasdaq: NINE) today announced that Beijing Ninetowns Ronghe Zhihui Network Software Services, an indirect subsidiary, has entered into a partnership agreement with Shouchuang Huaxia (Tianjin) Equity Investment Fund Management and Shouchuang Caifu Gengyin (Tianjin) Equity Investment Fund Limited Partnership.   Read More...

Giant Q3 2011 Profit Up 73% YoY

Giant IR, 11/01/11

Chinese online game developer and operator Giant Interactive (NYSE: GA) announced today its unaudited financial results for the third fiscal quarter ended September 30, 2011.   Read More...

Giant to Open New Server for MMO

Giant PR, 11/02/11

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced that it will open a new server for its licensed 2.5D Chinese fantasy MMORPG XT Online on November 4.   Read More...

Shanda Games to Stop Operation of MMO

17173.com, 11/01/11

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has announced that it will stop operating its licensed cartoon-style MMORPG Ragnarok Online on December 30, 2011.   Read More...

Shanda Games to Begin OB of MMO

17173.com, 11/02/11

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has announced that it will begin open beta testing of its licensed fighting-themed 3D MMORPG Xin Guichuideng on November 25.   Read More...

Netease to Begin Unlimited CB of MMO

17173.com, 11/02/11

Chinese online game developer and operator Netease (Nasdaq: NTES) has announced that it will begin unlimited closed beta testing of its self-developed 3D fantasy MMORPG Tianxia 3 on November 3.   Read More...

Powerleader to Open New Servers for MMO

17173.com, 11/02/11

Chinese online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced that it will open five new servers for its self-developed MMORPG Zhanguo Qunxiong on November 10.   Read More...

Linekong to Release New Expansion Pack for MMO

17173.com, 11/02/11

Beijing-based online game developer and operator Linekong has announced that it will release a new expansion pack for its self-developed MMORPG Journey to the West in November.   Read More...

Shulian Linghang to Begin Initial Technical Test of MMO

17173.com, 11/02/11

Beijing-based online game developer and operator Shulian Linghang Network Technology has announced that it will begin initial technical testing of its licensed 3D fantasy MMORPG Rexue Zhandi on November 8.   Read More...

Jiuweigui to Begin CB of MMO

17173.com, 11/02/11

Shanghai-based online game developer and operator Jiuweigui Information Technology has announced that it will begin closed beta testing of its licensed 2.5D fantasy MMORPG Jiu Ren on November 4.   Read More...

Wushen Century to Open New Servers for MMO

17173.com, 11/02/11

Beijing-based online game developer and operator Wushen Century Network Technology has announced that it will open six new servers for its self-developed 3D fantasy MMORPG Shenhua ("Fairytale") on November 3.   Read More...

 

Television

Kanbox, TCL Partner on Smart TV Cloud Services

Tencent Tech, 11/02/11

Chinese cloud computing services provider Kanbox announced today that it has partnered with television set manufacturer TCL Multimedia (1070.HK) to develop an integrated cloud storage smart TV product.   Read More...

 

Hardware & Software

Lenovo Group Q2 FY2011/12 Profit Up 92% YoY

Hong Kong Stock Exchange, 11/02/11

Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) has announced its fiscal results for Q2 FY2011/2012 ended September 30, 2011, with total sales of approximately USD 7.79 bln, up 35.2% YoY.   Read More...

Thailand Floods to Restrict Lenovo Hard Drive Supplies

Sina Tech, 11/01/11

Chen Xudong, senior VP and China region president of Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK), has disclosed that recent flooding in Thailand will not immediately affect the company's hard drive supplies, but will constrain supplies for the next six months.   Read More...

Lenovo Replaces Non-Executive Director

Hong Kong Stock Exchange and Clearings, 11/02/11

Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) has announced that Liu Chuanzhi has tendered his resignation as a non-executive director, the non-executive chairman of the Board, and the chairman and member of both the Strategy Committee and Governance Committee due to other commitments in parent company Legend Holdings Limited.   Read More...

San'an Optoelectronics Subsidiary Lands Government Subsidy

Shenzhen Economic Daily, 11/02/11

Chinese LED manufacturer San'an Optoelectronics (600703.SH) announced today that on October 31, its wholly owned subsidiary, Suncore Photovoltaic Technology, received a RMB 250 mln subsidy from the Anhui provincial government.   Read More...

CDC Software Launches Azure-Based Compensation Platform

CDC Software, 11/01/11

Chinese enterprise software provider CDC Software (Nasdaq: CDCS) today announced the launch of Platinum PayOne on the Cloud, a software-as-a-service (SaaS) Compensation and Benefits (C&B) solution supporting the Microsoft Windows Azure platform that offers low total cost of ownership to small and medium-size (SME) enterprises in mainland China.   Read More...

 
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