Marbridge Daily

<- March 27, 2012 ->

Featured Articles

China Telecom Launches E-Surfing Open Platform

Sohu IT, 3/27/12

China Telecom (NYSE: CHA; 0728.HK) has announced the official launch of its E-Surfing open platform (open.189.cn).   Read More...

iQiyi to Launch Open Platform

The Beijing News, 3/27/12

Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site iQiyi announced its new content strategy today.   Read More...

BesTV to Invest USD 30 Mln in Funshion

Sohu IT, 3/27/12

Shanghai Media Group IPTV subsidiary Shanghai BesTV New Media (600637.SH) issued a public filing today announcing that it plans to spend USD 30 mln in cash to acquire 35% shares of Beijing-based P2P online video player maker Funshion Networks and subsidiary Beijing Funshion Online Technologies, both though stock acquisition and increasing its existing investments in Funshion.   Read More...

Baidu Merges YouA into Leho

Ebrun.com, 3/27/12

Users visiting Chinese internet company Baidu's (Nasdaq: BIDU) YouA B2C and C2C e-commerce platform will now be redirected to the "Shopping" channel of the offline consumer experience sharing platform Leho.com (http://s.leho.com).   Read More...

Changhong Announces RMB 698 Smartphone

China News, 3/27/12

Ahong Communication, a subsidiary of Chinese consumer electronics manufacturer Changhong (600839.SH), yesterday launched a smartphone "equipped with an 800 MHz processor worth USD 100."   Read More...

 

Telecom

Huawei Responds to Australian Ban

CCID, 3/27/12

Chinese telecom equipment and terminal manufacturer Huawei released a statement today regarding the Australian Government's decision to prohibit Huawei from bidding in the national broadband network equipment tender.   Read More...

Huawei, Tencent Partner on Self-Defending Networks

CCID, 3/26/12

Chinese internet giant Tencent (0700.HK) and telecom equipment and terminal manufacturer Huawei held an opening ceremony for the new Tencent - Huawei Innovation Center on March 14, 2012.   Read More...

ZTE Ranks No. 1 Among Patent Applicants in 2011

MIIT, 3/26/12

According to a report released recently by the World Intellectual Property Organization (WIPO) regarding international patent filings under its Patent Cooperation Treaty (PCT), Chinese telecom equipment and terminal manufacturers ZTE (0763.HK; 000063.SZ) and Huawei submitted 2,826 and 1,831 patent applications respectively in 2011, putting ZTE in first and Huawei in third for most patents filed worldwide, while Panasonic ranked second with 2,463 filings.   Read More...

AsiaInfo-Linkage to Consider Additional "Going Private" Proposals

PR Newswire Asia, 3/26/12

Chinese telecom software solutions and IT security products and services provider AsiaInfo-Linkage (Nasdaq: ASIA) today announced that the special committee of its board of directors, which was formed to consider a proposal by Power Joy (Cayman) Limited, a wholly owned subsidiary of CITIC Capital China Partners II, L.P., to acquire all of the outstanding shares of common stock of AsiaInfo-Linkage, has determined to solicit interest from, and engage in discussions with, other potential qualified interested parties regarding a potential transaction involving AsiaInfo-Linkage, and to evaluate any proposals it receives.   Read More...

CEC CoreCast 2011 Profit Up 176%

Shanghai Stock Exchange, 3/27/12

Radio and telecommunications network equipment vendor, computer systems integrator and distributor, and IC card manufacturer CEC CoreCast (600764.SH) has announced its unaudited financial results for the full year ended December 31, 2011, with revenue up 6.9% YoY to RMB 1.31 bln.   Read More...

 

Wireless

Renren, China Telecom Partner on Open Platform

DoNews, 3/27/12

Beijing-based social networking site operator Renren (NYSE: RENN) has announced it has become one of the first partners on China Telecom's (NYSE: CHA; 0728.HK) E-Surfing open platofrm.   Read More...

E-Surfing QQ Smartphone Shipments Reach 1.8 Mln

Sohu IT, 3/27/12

During China Telecom's (NYSE: CHA; 0728.HK) E-Surfing open platform launch in Beijing today, CEO of internet giant Tencent (0700.HK), Pony Ma, said that Tencent and China Telecom have already shipped 1.8 mln E-Surfing QQ smartphones.   Read More...

Taobao Mobile User Base Exceeds 100 Mln

DoNews, 3/27/12

According to figures released by Hangzhou-based C2C & B2C e-commerce site Taobao's Mobile Taobao Open Platform (MTOP) today, more than 100 mln unique mobile Taobao users have logged into the service to date.   Read More...

China Tightens Control of Junk SMS

CCTIME, 3/27/12

China's Ministry of Industry and Information Technology (MIIT) announced recently that it would launch a three-month crackdown on bulk SMS gateway spam services.   Read More...

ZTE Wins Telenor Pakistan Mobile Network Upgrade

ZTE PR, 3/27/12

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) today announced it has been selected by Telenor Pakistan (TP) to provide equipment and assist in the construction of Pakistan's 'Turnkey' 2/3/4/G national network upgrade and extension project.   Read More...

GrenTech Receives Loan Facility Agreement

PR Newswire Asia, 3/26/12

Chinese wireless solutions provider GrenTech (Nasdaq: GRRF) has announced that it has received from Gao Yingjie, the company's Chairman and Chief Executive Officer, an executed copy of a facility agreement relating to a HKD 320 mln term loan facility dated March 26, 2012 between Talenthome Management Limited and Guotai Junan Finance (Hong Kong) Limited, in accordance with the terms of the previously announced amended and restated agreement and plan of merger dated January 20, 2012, among Talenthome Management, Xing Sheng Corporation Limited, a company wholly-owned by Talenthome Management, and GrenTech, pursuant to which Xing Sheng Corporation will merge with and into the company, with GrenTech continuing as the surviving company and wholly-owned by Talenthome Management.   Read More...

 

Internet

China's E-Commerce Transaction Volume to Reach 18 Trln in 2015

MIIT, 3/27/12

China's Ministry of Industry and Information Technology (MIIT) released its "E-Commerce Development Plans for the 12th Five-Year Plan Period" today.   Read More...

Update: IhaveU Reveals Second-Round Funding Details

Tencent Tech, 3/27/12

Tianjin-based IhaveU Network Technology, operator of e-commerce SNS IHaveU.com, has revealed details of its USD 40 mln in second-round funding.   Read More...

Taobao Tests Pinterest Clone

TechWeb, 3/27/12

Hangzhou-based e-commerce site Taobao has begun testing its Pinterest Clone Taobao Circles (quanzi.taobao.com).   Read More...

Google China Required to Pay 6% Value-Added Tax

Admaimai.com, 3/27/12

Google China recently announced that starting next month, it will charge a 6% Value-Added Tax for the use of its AdWords keyword ad marketing service in China.   Read More...

HC360 Mai-Mai-Tong Memberships Reach 100K

CCID, 3/26/12

Chinese B2B e-commerce service provider HC International (8292.HK) (HC360.com) today announced that its integrated e-commerce package Mai-Mai-Tong now has 100,000 members.   Read More...

Baidu Launches Internet Traffic Research Platform

DoNews, 3/27/12

Chinese internet company Baidu's (Nasdaq: BIDU) web analytics service Baidu Tongji announced today that it would establish a "traffic research center" focusing on using data-mining techniques to produce reports, industry trend reports, user analysis, and other information for clients in the internet industry.   Read More...

Enterprise IM Provider IMOffice Wins Series-B Funding

DoNews, 3/26/12

Zhang Chongrui, president for operations at Chinese enterprise chat and online whiteboard software maker IMOffice, revealed today that the company had completed a second round of funding in late 2011, as part of plans for a 2013 IPO.   Read More...

NetDragon Q4 2011 Profit Down 15% YoY

PR Newswire Asia, 3/26/12

Fuzhou-based online game developer and operator NetDragon Websoft (0777.HK) today announced its unaudited financial reports for the fourth quarter and full year ended December 31, 2011.   Read More...

Kingsoft to Release New Version of MMO

17173.com, 3/27/12

Chinese online game developer and operator Kingsoft (3888.HK) has announced that it will release a new version of its self-developed MMORPG Yueying Chuanshuo ("Legend of Moon") on March 29.   Read More...

Dragon Online MMO Hits 5,000 PCU

DoNews, 3/27/12

Yang Jiyun, VP of operations and marketing for gaming firm Dragon Online, recently disclosed that the company's self-developed 2.5D martial arts MMORPG, Xin Shuihu reached 5,000 peak concurrent users in closed beta testing.   Read More...

Dragon Online to Begin CB of MMO

17173.com, 3/27/12

Beijing-based online game developer and operator Dragon Online has announced that it will begin closed beta testing of its self-developed 2.5D martial arts MMORPG Xin Shuihu on April 22.   Read More...

Linekong to Begin OB of MMO

17173.com, 3/27/12

Beijing-based online game developer and operator Linekong has announced that it will begin open beta testing of its self-developed 3D MMORPG Warrior King (Yongbing Tianxia) on April 6.   Read More...

9You Releases New Version of Casual Game

Sina Games, 3/26/12

Shanghai-based online game developer and operator 9You has announced that it released a new version of its licensed casual game SD Gundam Capsule Fighter Online on March 22.   Read More...

Moliyo to Release New Version of MMO

17173.com, 3/27/12

Shanghai-based online game developer and operator Moliyo has announced that it will release a new version of its self-developed cartoon-style 2.5D MMORPG Hai Zhi Meng Online on March 29.   Read More...

Miracle to Begin Second-Round CB of MMO

People.com.cn, 3/26/12

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

Infinite Star to Begin CB of MMO

17173.com, 3/27/12

Beijing-based online game developer and operator Infinite Star Technology has announced that it will begin closed beta testing of its self-developed 2.5D fantasy MMORPG Shengyu Chuanqi on April 11.   Read More...

Qingchun Mengwang to Begin CB of MMO

17173.com, 3/27/12

Beijing-based online game developer and operator Qingchun Mengwang Information Technology has announced that it will begin closed beta testing of its self-developed 3D fantasy MMORPG Zheng Cheng on April 11.   Read More...

Sixiang to Begin Initial CB of MMO

17173.com, 3/27/12

Guangzhou-based online game developer and operator Sixiang Network Technology has announced that it will begin initial closed beta testing of its self-developed 2.5D fantasy MMORPG Zhanshang on April 18.   Read More...

Zhenyou to Begin Technical Test of New Version of TPS

17173.com, 3/27/12

Shanghai-based online game operator Zhenyou Network has announced that it will begin technical testing of an international version of its self-developed 3D TPS (Third-Person Shooter) Quanqiu Shiming on March 27.   Read More...

 

Television

BesTV Releases Details on JV with CNTV

CNInfo, 3/27/12

In a public filing today, Shanghai Media Group IPTV subsidiary Shanghai BesTV New Media (600637.SH) announced details of its joint venture partnership with CCTV's national online TV station CNTV.   Read More...

Changhong, TCL Smart TVs to Use Rising Anti-virus

Tencent Tech, 3/27/12

Chinese anti-virus software developer Rising has announced its cooperation with Huan Tech, a smart TV product developer backed by smart TV manufacturers Changhong (600839.SH) and TCL Corporation (000100.SZ), by which all of Changhong and TCL's smart internet TV's will come custom installed with Rising's anti-virus software, equipped with features such as twin-engine virus scanning, traffic monitoring, data encryption, and system optimization.   Read More...

 

Hardware & Software

Apple CEO Visits Beijing

Xinhua Net, 3/27/12

According to an industry source, Apple chief executive Tim Cook visited with Chinese officials in Beijing yesterday as Apple's first CEO to pay an official visit to China.   Read More...

Wintek Subsidiary Liansheng to Produce New iPad Panels

Southern Metropolitan News, 3/27/12

Dongguan municipal government adviser Song Tao recently revealed that Liansheng, subsidiary of Apple's display panel supplier Wintek, is expected to start production of display panels for the new iPad by the end of April.   Read More...

Coship to Introduce New Tablet

Sohu IT, 3/26/12

Yuan Ming, chairman and CEO of Chinese satellite receiver and cable and terrestrial set-top box (STB) manufacturer Coship Electronics (002052.SZ), disclosed in a recent interview that the company will launch a tablet PC that can connect to TV, providing users the option of multi-screen interaction.   Read More...

ChinaSoft Records 2011 Net Profit of RMB 111 Mln

Hong Kong Exchange, 3/26/12

Beijing-based information technology outsourcing service provider and software developer Chinasoft International (0354.HK) today announced its unaudited financial results for the year ended December 31, 2011, with total revenue up 40.1% YoY to RMB 2.24 bln.   Read More...

Westone 2011 Profit Up 33% YoY

CNInfo.com.cn, 3/27/12

Chinese encryption and security equipment provider Westone Information Industry (002268.SZ) has announced its fiscal results for 2011, with revenue up 34.5% YoY to reach RMB 508.36 mln.   Read More...

Kingdee 2011 Profit Down 47% YoY

Hong Kong Exchanges and Clearing, 3/27/2012

Chinese enterprise management software developer Kingdee International Software Group (0268.HK) has announced its audited condensed consolidated financial results for the year ended December 31, 2011, with revenue up 40.8% YoY to RMB 2.02 bln.   Read More...

China ITS Holdings 2011 Profit Down 62%

Hong Kong Exchanges and Clearing, 3/27/12

Intelligent transportation systems provider China ITS Holdings (1900.HK) has released its 2011 fiscal report, with revenue down 14.9% YoY to approximately RMB 1.59 bln.   Read More...

1 more H&S article available to premium subscribers.

 
Drop Shadow