May 28, 2012
Zuo Bin, director of operations for Chinese television and consumer electronics manufacturer Konka's (200016.SZ, 000016.SZ) handset manufacturing subsidiary, Shenzhen Konka Telecommunication Technology, revealed yesterday that the company will invest RMB 550 mln to build a new headquarters for operations in Shenzhen's Guangming New District as part of expansions into the handset market.
Malaysian-based shopping mall operator Parkson today launched its China e-commerce site (www.parkson.com.cn) The website currently has four channels for men, women, children, and beauty products, offering apparel, shoes, cosmetics, home furnishings, gifts, fashion accessories, and consumer electronics.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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