Marbridge Daily

<- March 21, 2012 ->

Featured Articles

MIIT, SARFT Joint Working Group to Promote AVS

Communications Weekly, 3/21/12

The IT Industry Department of China's Ministry of Industry and Information Technology (MIIT) has joined with State Administration of Radio, Film and Television's (SARFT) Department of Science and Technology to establish a joint working group to promote technology and applications involving China's self-developed Audio Video Coding Standard (AVS).   Read More...

Hunan TV & Broadcast to Receive RMB 8 Bln Gov't Funding

21st Century Business Herald, 3/20/12

Hunan TV & Broadcast Intermediary (000917.SZ) and the Hunan provincial branch of China Development Bank signed a strategic partnership agreement recently under which the provincial cable TV operator will receive a total of RMB 8 bln in funding over the coming five years.   Read More...

BesTV, Bank of China Launch TV Banking Service

Oriental Morning Post, 3/21/12

On March 20, Shanghai Media Group IPTV subsidiary Shanghai BesTV New Media (600637.SH) and the Bank of China jointly announced the launch of a smart-television-based "home banking" service.   Read More...

Rumor: Lenovo to Shift Business PC Production to Japan

MoneyDJ.com, 3/21/12

According to reports in Japanese media today, Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) is planning to transfer some of the manufacturing for its business PCs to Mate Co., a Japan-based manufacturing company controlled by Lenovo's Japanese joint-venture with NEC.   Read More...

Zhejiang Unicom Launches Mobile Gaming Platform

National Business Daily, 3/21/12

On March 20, Zhejiang Unicom announced the launch of "Shouyou Shijie" ("Mobile Game World," http://www.173sy.com), a mobile game store for which it has already signed a strategic partnership agreement with "Angry Birds" developer Rovio.   Read More...

 

Telecom

ChinaNetCenter 2011 Profit Up 43%

Shenzhen Stock Exchange, 3/20/12

Shanghai-based internet data center (IDC) and content delivery network (CDN) service provider ChinaNetCenter (300017.SZ) has announced its financial results for 2011, with revenue up 49.7% YoY to reach RMB 542.1 mln.   Read More...

Shanghai Potevio Records 2011 Profit of RMB 11 Mln

Shanghai Stock Exchange, 3/21/12

Chinese telecom and IT equipment manufacturer Shanghai Potevio (600680.SH) has announced its unaudited financial reports for the full year ended December 31, 2011, with revenue up 32.99% YoY to RMB 1.13 bln.   Read More...

 

Wireless

Rumor: China Mobile Chairman to Retire Tomorrow

IT Business News, 3/21/12

An industry source reported today that China Mobile (NYSE: CHL; 0941.HK) had announced internally that chairman Wang Jianzhou would step down from his position.   Read More...

HTC to Release "Titan" Windows Phone in Mainland

Sohu IT, 3/21/12

Ray Yam, China region president of Taiwanese handset vendor HTC, has announced that the Mainland China sales of the company's Windows Phone 7.5 smartphone HTC Titan (HTC X310e) will begin March 28, with the handset priced at RMB 4,399.   Read More...

China Wireless 2011 Profit Down 43.5%

Hong Kong Exchanges and Clearing, 3/21/12

Chinese handset manufacturer China Wireless Technologies (2369.HK) has released its consolidated financial results for the year ended December 31, 2011.   Read More...

D.Phone: 30% of Smartphone Buyers Use Contact Transfer Service

Beijing Evening News, 3/20/12

A manager at a Beijing store of mobile phone retailer D.Phone yesterday told reporters that of its newly added smartphone customers, 30% request help transferring their contact list data.   Read More...

Coconut Island Partners with DeNA China

Coconut Island, 3/20/12

Chinese online game developer Coconut Island has announced that DeNA China, subsidiary of Japanese mobile game developer and operator DeNA, will become its publishing partner for the China market.   Read More...

 

Internet

Baidu Embeds Tencent Microblog Interface into Search Page

Baidu PR, 3/20/12

Chinese Internet company Baidu (Nasdaq: BIDU) has announced a collaboration with Tencent's (0700.HK) microblogging platform, by which users' microblog accounts are integrated directly into the Baidu homepage.   Read More...

Taofang Obtains USD 10 Mln in First-Round Funding

Sina Tech, 3/21/12

Chinese online classified listings site 58.com announced that its online real estate subsidiary Taofang.com had received USD 10 mln in first-round funding.   Read More...

Ganji 2011 Sales Revenue Reaches USD 40 Mln

CCID, 3/20/12

Chinese online listings website Ganji today responded to recent industry rumors of layoffs and funding problems, stating that 2011 sales revenue reached USD 40 mln, up nearly four-fold compared to 2010.   Read More...

Alicloud Reduces Open Storage Service Prices

DoNews, 3/21/12

Alibaba Cloud Computing ("AliCloud"), the cloud computing subsidiary of Hangzhou-based e-commerce company Alibaba Group, has announced reduced rates across the board for its open storage service (OSS), and increased the amount of free space from 5 GB to 50 GB.   Read More...

Tencent Launches QQ Browser for Mac

DoNews, 3/21/12

Tencent has launched a browser for Mac users, called the QQ Browser for Mac version 1.0.   Read More...

Ctrip Launches International Flight Reservation Platform

DoNews, 3/21/12

Chinese online travel service provider Ctrip (Nasdaq: CTRP) has launched an international plane ticket reservation platform, adding nearly 10,000 global airlines.   Read More...

All3C Launches Third-Party Store Operations Service

Ebrun.com, 3/21/12

Hang Wei, general manager of All3C.com's third-party operations center, revealed today that the B2C e-commerce firm will invest up to RMB 10 mln in expanding its services to include operating branded stores on Alibaba Group's B2C e-commerce site TMall.   Read More...

HC International 2011 Profit Reaches RMB 41 Mln

Hong Kong Stock Exchange, 3/21/12

Chinese B2B e-commerce service provider HC International (8292.HK) has announced its unaudited financial results for the full year ended December 31, 2011.   Read More...

COD Drops to Under 12% of China's E-commerce Transactions

Marbridge Consulting, 3/20/12

According to data recently released by a Beijing-based market research firm, cash-on-delivery (COD) has decreased in popularity as a form of payment for online retail.   Read More...

Blizzard and Netease Renew WoW License

PR Newswire Asia, 3/21/12

Chinese online game developer and operator Netease (Nasdaq: NTES) and Blizzard Entertainment today announced that they will continue their existing cooperation on Blizzard's 3D MMORPG World of Warcraft (WoW) in mainland China.   Read More...

Taomee Q4 2011 Profit Down 71% YoY

PR Newswire Asia, 3/21/12

Shanghai-based children's virtual world developer and operator Taomee (NYSE: TAOM) today reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2011.   Read More...

Tencent to Begin Elite Test of Core Fight

17173.com, 3/21/12

Chinese online game developer and operator Tencent (0700.HK) has announced that it will begin elite testing of its self-developed MMOFTG (Massive Multiplayer Online Fighting Game) Core Fight on April 1.   Read More...

Shanda Games to Release New Version of MMO

People.com.cn, 3/21/12

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive has announced that it will release a new version of its licensed 3D MMORPG Dragon Nest on March 21, tilted "Shanggu Bingqi Shenlin."   Read More...

NetDragon to Begin Unlimited CB of MMO

17173.com, 3/21/12

Chinese online game developer and operator NetDragon (0777.HK) has announced that it will begin unlimited closed beta testing of its licensed 3D MMORPG Dungeon Keeper Online on April 11.   Read More...

Woobest Invests in Game Developer Seasky

Netease Tech, 3/21/12

Chengdu-based online game developer Seasky Digital Entertainment announced today that it had received a strategic investment from Xiamen-based online game developer and operator Woobest Network Technology.   Read More...

51wan 2011 Sales Revenue Exceeds RMB 100 Mln

DoNews, 3/21/12

Liu Yang, CEO of Beijing-based browser game developer and operator 51wan, has announced that the company's total sales revenues for 2011 surpassed RMB 100 mln, and that its number of registered users exceeded 60 mln.   Read More...

Ourgame Closes Chengdu Branch

Tencent Games, 3/21/12

Wu Guoliang, CEO of Beijing-based online game developer and operator Ourgame, has confirmed that Ourgame will close its Chengdu branch by the end of this month, shifting some employees to its Beijing headquarters.   Read More...

9You to Release New Version of Casual Game

People.com.cn, 3/21/12

Shanghai-based online game developer and operator 9You has announced that it will soon release a new version of its licensed casual game SD Gundam Capsule Fighter Online.   Read More...

Niba to Begin CB of MMO

17173.com, 3/21/12

Chengdu based online game developer and operator Niba Network has announced that it will begin closed beta testing of its self-developed 3D MMORPG Sanguo Yanyi on March 31.   Read More...

Jiuzhong to Begin Initial CB of MMO

17173.com, 3/21/12

Sichuan based online game developer and operator Jiuzhong Interactive has announced that it will begin initial closed beta testing of its self-developed 3D MMORPG Jianghun Sanguo in Q2 2012.   Read More...

Wende Hudong to Begin Second-Round CB of Casual Game

17173.com, 3/21/12

Beijing-based online game operator Wende Hudong Information Technology has announced that it will soon begin a second round of closed beta testing of its licensed 3D online casual war game Easta.   Read More...

 

Television

CCID: 2011 China IPTV Subscribers Increase 76%

CCID, 3/21/12

China's total IPTV subscriber base reached 13.59 mln at the end of 2011, up 5.88 mln users, or 76.3%, compared to 2010, according to Chinese consulting firm CCID Consulting.   Read More...

China to Ship 100 Mln STBs in 2012

China Electronics News, 3/21/12

China's total set-top box (STB) shipments reached 49 mln units in 2011 and are expected to reach nearly 100 mln units in 2012, according to DTV market research firm Guideline Research.   Read More...

Tencent, Future Television Partner on Internet TV

DoNews, 3/21/12

Shenzhen-based internet company Tencent (0700.HK) announced today that it had formed an exclusive partnership with Future Television, the internet TV subsidiary of CCTV's national online TV station CNTV, under which it will launch a TV-based QQ video chat tool.   Read More...

QVC Partners with CNR on Home Shopping Business

QVC, 3/20/12

Online and television retailer QVC, a division of US media conglomerate Liberty Interactive, has signed a definitive agreement to form a joint venture with China's national radio broadcaster China National Radio (CNR).   Read More...

LG Electronics Unveils 55-inch 3D OLED TV in China

Guangzhou Daily, 3/21/12

LG Electronics recently began demonstrating its 55-inch 3D OLED TV in China, which will be the largest OLED TV in the Chinese flat panel market.   Read More...

Great Wall TV Warns Overseas Pirate TV Operators

PR Newswire, 3/20/12

China International Communication Co., Ltd. (CICC), the sole distributor of Great Wall TV, today issued a formal statement aimed at pirate Chinese TV operators.   Read More...

China Mass Media Comments on Unusual Market Activity

PR Newswire Asia, 3/21/12

Chinese television advertising company China Mass Media (NYSE: CMM) today reported that, in view of the unusual market activity in the American Depositary Shares of the company, the New York Stock Exchange has contacted the company in accordance with its usual practice.   Read More...

 

Hardware & Software

Zhejiang Government Suspends Acer Supplier Qualification

Government Procurement Information, 3/20/12

A recent random survey conducted by the procurement office of the Zhejiang provincial government of electronic products that won government bids between June and August 2011 found that some products provided by the Taiwanese computer manufacturer Acer (2353.TW), including the TravelMate 4750G, TravelMate 8481, and TravelMate 8437G, were provided at agreed supply prices roughly 20% higher than the market prices for the products during the same period.   Read More...

Corning China LCD Glass Plant to Start Production

Shanghai Business, 3/21/12

Corning has revealed that it plans on producing LCD protective glass in China during the second half of 2012.   Read More...

Huawei Teams with Intel for Server Program in 2012

Sina Tech, 3/21/12

Chinese telecom equipment and terminal manufacturer Huawei has announced its 2012 server program with the launch of a new generation of Tecal V2 series servers.   Read More...

Anhui Wantong 2011 Profit Up 26% YoY

CNInfo.com.cn, 3/21/12

Anhui-based intelligent transportation systems (ITS) solutions provider Wantong Technology (002331.SZ) has announced its fiscal results for 2011, with revenue up 63.5% YoY to reach RMB 474.6 mln.   Read More...

 
Drop Shadow