Marbridge Daily

<- March 12, 2012 ->

Featured Articles

Youku, Tudou Merge in 100% Stock-for-Stock Transaction

PR Newswire Asia, 3/12/12

Chinese online video site operators Tudou (Nasdaq: TUDO) and Youku (NYSE: YOKU) today jointly announced that they have signed a definitive agreement by which the two companies will combine in a 100% stock-for-stock transaction.   Read More...

MIIT to Issue 4G Licenses in 2-3 Years

Tencent Tech, 3/12/12

Miao Wei, minister of China's Ministry of Industry and Information Technology (MIIT), said in a recent interview with China Central Television (CCTV) that 4G networks would require large-scale testing and commercial trials before being suitable for commercial use, and added that it could take two to three years for 4G licenses to be issued.   Read More...

China Telecom 3G Users to Exceed 2G Users

Netease Tech, 3/11/12

China Telecom (NYSE: CHA; 0728.HK) marketing manager Liu Ping revealed recently that the operator plans to achieve a breakthrough in 3G subscriber figures with the help of a range of smartphones - including the iPhone 4S - that will see 3G subscriber numbers grow to double 2G subscriber numbers within the year.   Read More...

Rumor: Taiwan to Allow More Mainland Investment in Panel Plants

NetEase Tech, 3/09/12

A recent industry rumor claims that the Taiwanese Ministry of Economic Affairs is researching plans to relax restrictions on mainland Chinese investment in LCD panel manufacturing by doing away with the current 10% investment ceiling.   Read More...

SAIC to Launch Blacklist System for Websites

Hebei Youth Daily, 3/12/12

Yang Hongfeng, deputy director of the market division of China's State Administration for Industry and Commerce (SAIC), today announced SAIC will introduce a blacklist of websites involved in illegal activities such as online infringement and sale of counterfeit products.   Read More...

 

Telecom

Rumor: China to Invest RMB 1.6 Trln in Broadband

Securities Daily, 3/12/12

China's 12th Five-Year Plan (2011-2015) for broadband network infrastructure will be publicly announced after the 2012 "Two Sessions" of the National People's Congress (NPC) and Chinese People's Political Consultative Committee (CPPCC), according to an industry source who said the plan calls for a total of RMB 1.6 trln in investment over the five-year period.   Read More...

 

Wireless

Huawei Expands Smartphone Design Team

Sina Tech, 3/09/12

Chinese telecom equipment and terminal manufacturer Huawei recently announced that it is expanding the size of its design team, and hopes to enhance its status in the global smartphone market.   Read More...

Nokia to Introduce Windows Phone in China on Mar 28

The Beijing News, 3/12/12

In an interview last weekend, Nokia CEO Stephen Elop revealed that Nokia will officially release its first Windows Phone handset on the Chinese market on March 28.   Read More...

TCL Communication February 2012 Shipments Up 1% YoY

PR Newswire Asia, 3/09/12

Chinese handset manufacturer TCL Communication Technology (2618.HK) today announced the unaudited shipment figures for its handsets and other products in February 2012.   Read More...

ZTE, Sprint Release "Fury" Smartphone

ZTE PR, 3/12/12

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) today announced the upcoming availability of the ZTE Fury smartphone in the US.   Read More...

Baidu: 72% of China's Mobile Internet PV from China Mobile

Sohu IT, 3/12/12

The mobile business division of Chinese internet company Baidu (Nasdaq: BIDU) recently released a report on mobile internet development trends in Q4 2011.   Read More...

Baidu: 89% of China's Mobile Internet PV from 2G Networks

Sohu IT, 3/12/12

The mobile business division of Chinese internet company Baidu (Nasdaq: BIDU) recently released a report on mobile internet development trends in Q4 2011.   Read More...

DeNA Partners with Sina Weibo

Yesky.com, 3/12/12

DeNA China, subsidiary of Japanese mobile game developer and operator DeNA, has entered into a strategic partnership with Sina's (Nasdaq: SINA) Weibo microblogging platform.   Read More...

Jingwei to Voluntarily Delist from Nasdaq

PR Newswire, 3/10/12

Shenzhen-based data mining and mobile interactive marketing firm Jingwei International (Nasdaq: JNGW) today announced that it has notified the Nasdaq Stock Market LLC of its intent to delist its common stock from the Nasdaq Global Market following the completion of its recently announced going private transaction designed to eliminate Jingwei's status as a public company in the U.S.   Read More...

Sunway 2011 Profit Up 57%

Shenzhen Stock Exchange, 3/10/12

Shenzhen-based antenna manufacturer Sunway Communication (300136.SZ) today announced its unaudited financial results for the full year 2011, with revenue reaching RMB 163.0 mln, up 16.3% compared to full year 2010.   Read More...

 

Internet

Youku Q4 2011 Net Loss Nears USD 8 Mln

PR Newswire Asia, 3/12/12

Chinese online video site Youku (NYSE: YOKU) today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2011, with net revenue for the quarter up 18% QoQ and 103% YoY to RMB 309.3 mln (USD 49.1 mln) and net revenue for the full year 2010 up 132% YoY to RMB 897.6 mln (USD 142.6 mln).   Read More...

Ganji Obtains USD Eight-Figure Funding

Sina Tech, 3/12/12

Chinese online listings website Ganji has revealed it obtained USD eight-figure funding in H2 2011.   Read More...

Tencent Microblog Launches Real Name Registration

Beijing Evening News, 3/12/12

Chinese internet giant Tencent's (0700.HK) microblogging platform today began requiring real-name registration for new users.   Read More...

Baidu Opens Largest SEM Experience Center in Shanghai

China.com.cn, 3/12/12

Chinese online search services provider Baidu (Nasdaq: BIDU) has opened its largest SEM experience center in Shanghai's Lujiazui district, featuring the latest technological capabilities and expert courses, capable of training over 10,000 people each year.   Read More...

YouA Launches New Version of Offline Deal Site Leho

Tencent Tech, 3/12/12

Chinese internet company Baidu's (Nasdaq: BIDU) B2C and C2C e-commerce platform YouA has launched a new version of its offline consumer experience sharing platform Leho.com.   Read More...

Alibaba Announces Rotation System for Executives

Sohu IT, 3/12/12

Hangzhou-based e-commerce conglomerate Alibaba Group has announced a rotation system for its 22 senior executives, including those at its wholly-owned subsidiaries.   Read More...

Taobao Removes 63 Mln IPR Infringing Products in 2011

DoNews, 3/12/12

Yu Siying, VP of Hangzhou-based e-commerce conglomerate Alibaba Group's legal division, recently disclosed that the Group's B2C and C2C e-commerce subsidiary Taobao deleted links to 63.2 mln IPR infringing goods and punished infringing members 702,000 times in 2011.   Read More...

Vipku Chairman and CEO Resigns

Zero2IPO, 3/12/12

Hou Yujiang has resigned as chairman and CEO of Beijing-based luxury discount B2C platform Zunku Jizhi Technology (Vipku.com), and has been temporarily replaced as CEO by former VP Wen Yi.   Read More...

Furniture B2C Meilele Increases Offline Stores to 29

IT168.com, 3/12/12

Chinese furniture vertical B2C firm Chengdu Yucheng Networks (Meilele.com) has announced it currently has 29 experience stores, with sales volume at each store growing from an initial several hundred thousand RMB to over RMB 1 mln, and still growing.   Read More...

Meituan Launches Movie Ticket Channel

DoNews, 3/12/12

Chinese group buy site Meituan's movie ticket channel went live online today.   Read More...

Didatuan Launches Online Reservation System

Donews, 3/12/12

According to an industry source, Chinese group buy site Didatuan will soon launch a new reservations system that will allow consumers to book online after the purchase of group-buy products.   Read More...

Update: Muogujie, ETao to Co-Develop Pinterest Clone

iFeng Tech, 3/12/12

Hangzhou-based e-commerce SNS Mogujie and Taobao's e-commerce search engine ETao today launched their co-developed Pinterest clone, "ETao Discover" (like.etao.com).   Read More...

Rumor: Chuanke Partners with English-language Training Provider

DoNews, 3/12/12

According to an industry source, Chinese online education platform operator Chuanke Computing System has entered into a strategic cooperation with a domestic English-language education provider to jointly expand the online English education market.   Read More...

Qihoo 360 Secures Rights for Angry Birds Sequel

PR Newswire Asia, 3/09/12

Chinese Internet services and security software provider Qihoo 360 (NYSE: QIHU) has announced that it has secured exclusive rights in China for the initial launch of the PC Version of entertainment media company Rovio's "Angry Birds Space," a sequel to the Angry Birds game, on its 360 Desktop.   Read More...

Sina Games Releases 'Most Anticipated Games' Ranking

Sina Games, 3/12/12

Chinese online gaming portal Sina Games has released its "Most Anticipated Games" ranking for the week ending March 12, 2012, with ranking determined by votes cast online by players.   Read More...

Tencent to Begin Initial CB of MMO

17173.com, 3/12/12

Chinese online game developer and operator Tencent (0700.HK) has announced that it will begin initial closed beta testing of its self-developed turn-based MMORPG QQ Fairy on March 30.   Read More...

Shanda Games to Begin Unlimited CB of MMO

People.com.cn, 3/12/12

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive, has announced that it will begin unlimited closed beta testing of its self-developed MMORPG Legend of Immortals in March.   Read More...

Netease to Begin Initial CB of MMO

Sina Games, 3/10/12

Chinese online game developer and operator Netease (Nasdaq: NTES) has announced that it will begin initial closed beta testing of its self-developed MMORPG Heroes of Three Kingdoms on April 6.   Read More...

NetDragon to Release New Expansion Pack for MMO

17173.com, 3/11/12

Chinese online game developer and operator NetDragon (0777.HK) has announced that it will soon release a new expansion pack for its self-developed science fiction-based 2.5D MMORPG Zero Online, titled "Chongzu Haojie."   Read More...

Xunlei to Begin CB of MMO

Sina Games, 3/09/12

Guangdong-based online game operator Xunlei has announced that it will begin closed beta testing of its self-developed 2.5D fantasy MMORPG Xiu Mo on March 22.   Read More...

Guangyu to Begin Third-Round CB of MMO

People.com.cn, 3/12/12

Beijing-based online game developer and operator Guangyu, a subsidiary of Coslight Technology International Group (1043.HK), has announced that it will begin a third round of closed beta testing of its licensed 2.5D MMORPG Tianmo Chuanshuo on March 23.   Read More...

Miracle to Begin CB of MMO

Sina Games, 3/09/12

Chengdu-based online game developer and operator Miracle O.   Read More...

Hoga to Begin Initial CB of MMO

Sina Games, 3/09/12

Shanghai-based online game developer and operator Hoga Information Technology has announced that it will soon begin initial closed beta testing of its licensed 3D MMORPG Xin Tiaozhan.   Read More...

 

Television

AirMedia Records Q4 2011 Net Profit of USD 4.6 Mln

AirMedia PR, 3/12/12

Chinese digital media network operator AirMedia Group (Nasdaq: AMCN) today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2011.   Read More...

TCL Multimedia February 2012 LCD Sales Up 207% YoY

PR Newswire Asia, 3/09/12

Chinese television manufacturer TCL Multimedia (1070.HK) today announced the sales volume of its TV and AV products in February 2012.   Read More...

Sumavision Wins RMB 10 Mln Beijing Government Subsidy

DVBCN, 3/12/12

Beijing-based digital video and IPTV system provider Sumavision (300079.SZ) recently announced that it has received a RMB 10 mln subsidy from the Beijing government for its ultra-fast fiber optic broadband Next-Generation Broadcasting (NGB) R&D and industrialization trial project in Beijing's Zhongguancun high-tech enclave.   Read More...

Skyworth February 2012 TV Set Sales Volume Up 32% YoY

Hong Kong Exchanges and Clearing, 3/11/12

Chinese consumer electronics manufacturer Skyworth Digital Holdings (0751.HK) has announced its February 2012 TV sales data, with total TV set sales volume up 32% YoY to 364,000 units from 276,000 a year before.   Read More...

 

Hardware & Software

Changhong Transfers Assets to Hong Kong Subsidiary

CNInfo, 3/10/12

Chinese consumer electronics manufacturer Changhong (600839.SH) has announced that in order to expand its international and IT products distribution businesses, it has transferred a 90% equity stake in its consumer electronics and IT products distribution subsidiary, Changhong IT Information Products, to its wholly-owned subsidiary, Changhong (Hongkong) Trading, which has transferred the stake to its own subsidiary, Changhong (HongKong) Enterprises.   Read More...

Sanlian Commercial 2011 Profit Up 204%

CNInfo.com.cn, 3/10/12

Chinese home appliance and consumer electronics retailer Sanlian Commercial (600898.SH) has announced its 2011 fiscal results, with revenue up 6.4% YoY to reach RMB 934.72 mln.   Read More...

Update: Aigo Recalls Substandard Tablet

Sohu IT, 3/12/12

Zeng Xing, VP of Chinese consumer electronics company Beijing Huaqi (Aigo), recently announced a full recall of the company's E700R tablet, which failed to meet national radiation testing standards.   Read More...

UFIDA 2011 Profit Up 62%

CNInfo.com.cn, 3/10/12

Chinese enterprise management software developer UFIDA (600588.SH) has announced its fiscal results for 2011, with revenue up 38.4% YoY to reach RMB 4.12 bln.   Read More...

 
Drop Shadow