<- December 04, 2008

Featured Articles

Foxconn to Lay Off Up to 40,000 Employees

Netease Tech, 12/04/08

Lee Jin Ming, chief accounting officer of Hon Hai Precision, the parent company of consumer electronics outsourced-manufacturing firm Foxconn Technology Group, confirmed today that Foxconn would lay off approximately 5% of its Mainland China labor force. Read More...

Rumor: PPG Failed to Obtain Reported USD 100 Mln VC Funding

21st Century Business Herald, 11/04/08

A source claiming to be close to David Lee, CEO of online B2C apparel retailer PPG, has said that rumors circulating at the end of September regarding a USD 100 mln investment in the company were false. Read More...

Shenzhen Telecom Halts PHS Promotions

News Express, 12/04/08

An industry insider has revealed that as of December 1, Shenzhen Telecom has put a stop to new user signups for PHS service, and ordered PHS handset sales staff to leave service centers and cease all advertising by December 10. Read More...

Xiamen Mobile Completes Network Modifications for Three Nos Plan

CCTIME, 12/04/08

According to Xiamen Mobile, the city of Xiamen has completed relevant TD-SCDMA network modifications and upgrades in preparation for China Mobile's (NYSE: CHL; 0941.HK) "Three Nos" policy - no need to change number, change SIM card, or register - which is designed to encourage existing GSM network users to migrate to its 3G TD-SCDMA network. Read More...

Shanda to Begin Alpha Testing of Singing Game

17173.com, 12/04/08

Online game developer and operator Shanda (Nasdaq: SNDA) has announced that it will begin alpha testing of its casual singing game Super Star on December 20. Read More...

Guizhou to Invest RMB 2.2 Bln in TV Broadcast Network

gzdsb, 12/04/08

The Guizhou provincial broadcasting authorities and Guizhou Cable Broadcasting Network Co Ltd plan to invest a total of RMB 2.2 bln between 2008 and 2010 into accelerated construction of a province-wide integrated television and data network in order to ensure effective cable coverage and transmissions at the central, provincial, municipal, and county levels. Read More...