SinoCast China IT Watch articles from August 2006

SinoCast China IT Watch archives from August 2006

TD-SCDMA Goes to South Korea.
August 31, 2006... (From SinoCast China IT Watch) SHENZHEN, September 01, 2006, SinoCast -- A trial network for TD-SCDMA, China's home-grown 3G technology is to be established in the Republic of Korea (ROK). Sources with the National Development and...

Earnings Fell 4% in First Half.
August 31, 2006... (From SinoCast China IT Watch) SHENZHEN, September 01, 2006, SinoCast -- China Telecom, the second largest fixed line telephone carrier and broadband access service provider in China's mainland, unveiled this week a 4 percent drop in its...

TV Maker Continued to See Losses.
August 31, 2006... (From SinoCast China IT Watch) SHENZHEN, September 01, 2006, SinoCast -- TCL Corp, the China-based biggest television maker in the world, unveiled a record loss for the second quarter as the unprofitable TV unit it owns with France's...

Digital TV standard Comes to Light.
August 31, 2006... (From SinoCast China IT Watch) SHENZHEN, September 01, 2006, SinoCast -- The Chinese Government finally released the nation's digital TV terrestrial transmission standard on August 30, but it will take some time before digital...

Foxconn Asks CNY 1 for Compensation.
August 31, 2006... (From SinoCast China IT Watch) SHENZHEN, September 01, 2006, SinoCast -- The lawsuit battle between iPod original equipment manufacturer Foxconn and two Shanghai reporters took a dramatic turn on August 30, as Foxconn decided to slash a...

Nanker Halts 8-inch Chip Project.
August 31, 2006... (From SinoCast China IT Watch) GUANGZHOU, September 01, SinoCast -- China Nanker Group has actually suspended the 8-inch chip production line because of capital bottleneck, disclosed Wu Weiguo recently, chairman of the leading integrated...

Revenue Increased for the First Half.
August 30, 2006... (From SinoCast China IT Watch) SHENZHEN, August 31, 2006, SinoCast -- KongZhong.com, a leading provider of wireless value-added services and the operator of a leading wireless Internet portal in China, today announced its unaudited second...

Telecom Titan Cuts Roaming Fees.
August 30, 2006... (From SinoCast China IT Watch) BEIJING, August 31, 2006, SinoCast -- China Mobile, the biggest mobile telecom carrier in China's mainland, announced on August 28 that it will cut roaming fee from the Chinese mainland to Hong Kong by up...

IT Firms Join Hands in Video Downloading.
August 30, 2006... (From SinoCast China IT Watch) SHENZHEN, August 31, 2006, SinoCast -- Skyworth, one of the biggest television makers in China, has reached cooperation with mobile storage service provider Netac Technology. The parties will together create...

Dazhong Waiting for Buyers.
August 30, 2006... (From SinoCast China IT Watch) BEIJING, August 31, SinoCast -- After the merger of Gome Electrical Appliances and China Paradise Electronics Retail Limited, Dazhong Electronics becomes the next target of acquisition. It is reported...

Unaudited Financial Result Unveiled.
August 30, 2006... (From SinoCast China IT Watch) SHENZHEN, August 31, 2006, SinoCast -- Focus Media, the bellwether of China's out-of-home multi-platform life-style media industry, lately unveiled its unaudited financial results for the second quarter...

TD-SCDMA Sees New Helper.
August 30, 2006... (From SinoCast China IT Watch) SHENZHEN, August 31, 2006, SinoCast -- TD-SCDMA, the home- grown 3G standard by Datang Telecom based in Beijing, China, is seeing new helper from South Korea. SK Telecom Co., South Korea's number one...

Huawei Gets Contract from Cambodia.
August 29, 2006... (From SinoCast China IT Watch) SHENZHEN, August 30, 2006, SinoCast -- Huawei Technologies, the biggest telecom equipment manufacturer in Shenzhen, China, clinched a new deal with Telecommunication Cambodia (TC) to materialize an Internet...

IM Sees New Competitor.
August 29, 2006... (From SinoCast China IT Watch) BEIJING, August 30, 2006, SinoCast -- China Mobile, the largest mobile telecom carrier in China, is pushing for a greater share of the mobile value-added service (MVAS) market, the home turf of SPs (service...

Qingdao Haier Goes to Australia.
August 29, 2006... (From SinoCast China IT Watch) SHENZHEN, August 30, 2006, SinoCast -- Haier, the biggest home appliance manufacturer in China, unveiled its extensive range of air conditioning products to the Australian market at the ARBS show in Sydney...

Foxconn Filed Lawsuit Agiant Reporters.
August 29, 2006... (From SinoCast China IT Watch) SHENZHEN, August 30, SinoCast -- The Foxconn issue upgraded after a Chinese court has frozen the personal assets of a reporter and an editor at a Shanghai newspaper after Apple iPod manufacturer Foxconn sued...

Chip Makers Tangled with the Law.
August 29, 2006... (From SinoCast China IT Watch) SHENZHEN, August 30, 2006, SinoCast -- SMIC, the biggest chip maker in Shanghai, China, was sued by Taiwan-based Semiconductor Manufacturing Corp (TSMC) on August 28 over the alleged misappropriation of...

Qingdao Aucma to Solve Capital Impropriation.
August 29, 2006... (From SinoCast China IT Watch) QINGDAO, August 30, SinoCast -- Qingdao Aucma Co., Ltd. (SHSE: 600336) posted net profit of negative CNY 76.53 million and earning per share of negative CNY 0.2244 for the interim financial results of...

Dianping.com Planning Second-round Funding.
August 28, 2006... (From SinoCast China IT Watch) SHANGHAI, August 29, SinoCast -- Dianping.com, an information interactive and sharing platform in China based on "the third party evaluation" mode, is planning to carry out the second round of financing....

Tietong to Issue Bonds.
August 28, 2006... (From SinoCast China IT Watch) SHENZHEN, August 29, 2006, SinoCast -- China TieTong Telecommunications Corporation, one of the three fixed line telephone carriers in China's mainland along with China Telecom and China Netcom, plans to...

Service Department Founded.
August 28, 2006... (From SinoCast China IT Watch) BEIJING, August 29, 2006, SinoCast -- Lenovo Group, the biggest PC brand in China's mainland, announced on August 25 that it has launched a global services department and hired a former Dell Services...

Overseas Sales on the Fast Track.
August 28, 2006... (From SinoCast China IT Watch) SHENZHEN, August 29, 2006, SinoCast -- Konka Group, one of the biggest television makers in China's mainland, reported 62 percent growth year on year in overseas color TV sales for January to June 2006. ...

Internet Portal Becomes Partner of Asian Games.
August 28, 2006... (From SinoCast China IT Watch) BEIJING, August 29, 2006, SinoCast -- Sohu.com, one of the big three Internet portals in China's mainland, has become partner of the Chinese sport delegation to the 15th Asian Games. Under the agreement...

LCD Prices Go up.
August 28, 2006... (From SinoCast China IT Watch) SHENZHEN, August 29, 2006, SinoCast -- The TFT-LCD makers in China are about to see a better performance in the second half of 2006 and in 2007, along with a rebound in prices of TFT- LCD panels. ...

E-banks Still Lack of Security.
August 25, 2006... (From SinoCast China IT Watch) BEIJING, August 28, 2006, SinoCast -- Lately about 200 users of Industrial and Commercial Bank of China (ICBC) have claimed that their money had been stolen from their online accounts through e-mails...

Investment Plans Still Depending.
August 25, 2006... (From SinoCast China IT Watch) SHENZHEN, August 28, 2006, SinoCast -- The Indian government has not set a timetable to approve new investment plans of Huawei Technologies, the biggest telecom equipment maker in Shenzhen, China, as some...

Strong Growth for the First Half.
August 25, 2006... (From SinoCast China IT Watch) SHENZHEN, August 28, 2006, SinoCast -- China Unicom, the second largest mobile telecom carrier in China's mainland, saw strong growth in the first half of the year despite fierce competition from bigger...

Dell Executives Turn to Lenovo.
August 25, 2006... (From SinoCast China IT Watch) BEIJING, August 28, 2006, SinoCast -- Lenovo, the biggest PC maker in China and the third in the world, announced on August 23 that it had recruited the fourth former executive of Dell, the world's largest...

Lenovo Shifts Focus to Small City Markets.
August 25, 2006... (From SinoCast China IT Watch) BEIJING, August 28, SinoCast -- Lenovo, the world's third largest PC maker, recently announced that it would place the focus on markets of small and medium-sized cities and enterprises in the future. The...

Losses for the Third Consecutive Quarters.
August 25, 2006... (From SinoCast China IT Watch) SHENZHEN, August 28, 2006, SinoCast -- BenQ Corp, the largest mobile phone maker in Taiwan, unveiled its third consecutive quarterly loss for the April-June period, following its delay in a plan to increase...

Sales Increased for the Second Quarter.
August 24, 2006... (From SinoCast China IT Watch) SHENZHEN, August 25, 2006, SinoCast -- eLong.com, one of the leading Internet travel service portals in China, lately unveiled its unaudited financial results for the second quarter ended June 30, 2006. ...

Revenues Doubled.
August 24, 2006... (From SinoCast China IT Watch) SHENZHEN, August 25, 2006, SinoCast -- Shenzhen-based Tencent Holdings Limited, China's biggest instant message service provider, launched on August 23 its first half revenue more than doubled year on...

More Mobile Phones, Less Fixed-lines.
August 24, 2006... (From SinoCast China IT Watch) GUANGZHOU, August 25, 2006, SinoCast -- Latest report from the Ministry of Information Industry of China indicates that the country added 1.29 million fixed-line phone users last month, a record low monthly...

Sluggish Result Unveiled.
August 24, 2006... (From SinoCast China IT Watch) BEIJING, August 25, 2006, SinoCast -- China Netcom, the second largest fixed-line telephone carrier in China, unveiled its lackluster report for the first six months in 2006 due to slow progress in rural...

Dell China Considering Changes.
August 24, 2006... (From SinoCast China IT Watch) BEIJING, August 25, SinoCast -- Dell announced on August 16 that its China president, David Miller, who had been in the position for less than one year, departed from the company. Two new presidents Liu...

Profits Rise for the First Half Year.
August 24, 2006... (From SinoCast China IT Watch) BEIJING, August 25, 2006, SinoCast -- Gome Electrical Appliances, the biggest home appliance retailer in China's mainland, on August 23 unveiled a better-than-expected 45 per cent jump in its net profit for...

China's Leading Game Operators See Profit in Q2.
August 23, 2006... (From SinoCast China IT Watch) BEIJING, August 24, SinoCast -- NetEase, Shanda, and The9, China's three leading cyber game operators, recently released their financial results for the second quarter of 2006 in succession, which reveal...

CDC's Revenues Rises.
August 23, 2006... (From SinoCast China IT Watch) BEIJING, August 24, 2006, SinoCast -- CDC Corporation, the big name China.com and China Software and a company specialized in software applications, mobile applications, online games and Internet portal,...

Shenzhen to Build Flat Panel Industrial Chain.
August 23, 2006... (From SinoCast China IT Watch) SHENZHEN, August 24, SinoCast -- Shenzhen Flat Panel Display Industry Association (SFPDIA) and Shenzhen Shenchao Scientific & Technological Investment Co., Ltd. (SSSTI) recently mapped out a plan for the...

SVA Electron Celebrates New LCD Facilities.
August 23, 2006... (From SinoCast China IT Watch) SHANGHAI, August 24, 2006, SinoCast -- SVA Electron , one of the big three LCD makers in Shanghai, China, is about to invest USD 270 million in a venture to make color filters for liquid-crystal display...

Ultra-thin Hits Aim to Make A Turnover.
August 23, 2006... (From SinoCast China IT Watch) GUANGZHOU, August 24, 2006, SinoCast -- Mobile phone giant Motorola is expecting a new generation of super-thin, low-cost phones will help him boost profitability and break the dominance of industry leader...

Shanghai: Home to Chip Giant's RD Facility.
August 23, 2006... (From SinoCast China IT Watch) SHANGHAI, August 24, 2006, SinoCast -- US-based chip maker AMD announced on August 22 that it had put its new research and development center in Shanghai into service, which the biggest one of the company...

Stock Price Fell upon Report.
August 22, 2006... (From SinoCast China IT Watch) BEIJING, August 23, 2006, SinoCast -- Sohu.com, one of the big three established Internet portals in China along with Netease.com and Sina.com, unveiled a continued growth with a boost from its advertising...

Zhou Hongyi Filed A Lawsuit Against Former Employer.
August 22, 2006... (From SinoCast China IT Watch) SHANGHAI, August 23, SinoCast -- Former Yahoo! China president Zhou Hongyi on August 20 filed a lawsuit against his former employer Yahoo! China for defamation, demanding CNY 3.6 million in compensation. ...

SARFT Sets Timetable for Mobile TV.
August 22, 2006... (From SinoCast China IT Watch) BEIJING, August 23, 2006, SinoCast -- The State Administration for Radio, Film and Television (SARFT) of China this week announced that it plans to try DMB (digital multimedia broadcasting) mobile TV...

Huawei Gets New CMDA Contracts.
August 22, 2006... (From SinoCast China IT Watch) SHENZHEN, August 23, 2006, SinoCast -- Huawei Technologies, the largest telecom equipment maker in Shenzhen, Guangdong province, China, announced that it has clinched a contract worth USD100 million to...

Coming Proceed for IPO.
August 22, 2006... (From SinoCast China IT Watch) BEJING, August 23, 2006, SinoCast -- Kingsoft, the biggest software developer in China, said it had raised USD72 million in investment from three foreign funds, which will help speed the process for the...

Posts Increasing Sales.
August 22, 2006... (From SinoCast China IT Watch) SHENZHEN, August 23, 2006, SinoCast -- Konka, the biggest TV maker in Shenzhen, Guangdong province, China, unveiled a 43 percent increase in first-half profit as sales of flat-panel TVs surged more than...

Second Quarter Report Unveiled.
August 21, 2006... (From SinoCast China IT Watch) SHANGHAI, August 22, 2006, SinoCast -- Focus Media, the biggest out-of-home multi-platform life-style media company in China, on August 20 announced its unaudited financial results for the second quarter...

Sales Rises 46 Per cent.
August 21, 2006... (From SinoCast China IT Watch) SHENZHEN, August 22, SinoCast -- Dell, the biggest personal computer maker in the world, posted a 31 percent revenue increase in China in the second quarter of this fiscal year, despite sluggish global...

Factory Investigation Report Issued.
August 21, 2006... (From SinoCast China IT Watch) SHENZHEN, August 22, 2006, SinoCast -- PC giant Apple has just issued a report on its investigation into Foxconn's mistreatment of Chinese workers. In response to the allegations, Apple says it...

Prices of Liquid Crystal TVs Drop in China.
August 21, 2006... (From SinoCast China IT Watch) SHANGHAI, August 22, SinoCast -- Liquid crystal TV becomes the new weapon for Suning Appliance to confront Gome and China Paradise, which joined hands with each other recently. The three are China??s leading...

Telecom Carrier Seeks Local Listing.
August 21, 2006... (From SinoCast China IT Watch) SHENZHEN, August 22, 2006, SinoCast -- Hong Kong-listed China Mobile, the biggest mobile telecom carrier in China, announced with fanfare this week that it expected to take the unprecedented step of...

SARFT Unveiled Mobile Television Schedule.
August 21, 2006... (From SinoCast China IT Watch) BEIJING, August 22, SinoCast -- It is no longer a dream to watch the 2008 Olympic Games through mobile phones. Last Friday, at China??s third digital television industry summit, the State Administration of...

New Strategic Partnership Reached.
August 18, 2006... (From SinoCast China IT Watch) SHENZHEN, August 21, 2006, SinoCast -- Search engine giant Google announced the formation of a strategic partnership with China.com Inc, a company under the aegis of CDC Corporation (CHINA). Under the...

Net Income Plunges.
August 18, 2006... (From SinoCast China IT Watch) SHENZHEN, August 21, 2006, SinoCast -- Hurray!, one of the leading provider of music, ring tones, ring back tones and true tones to mobile users, announced the financial results for the second quarter,...

EA Faces Uncertain Fate in China.
August 18, 2006... (From SinoCast China IT Watch) BEIJING, August 21, SinoCast -- Electronic Arts (EA), the world's largest interactive entertainment software publisher, announced on July 26 that it would debut the fantasy-themed game Tales Runner under...

Taiwan to Lift the Ban on Investment in Mainland.
August 18, 2006... (From SinoCast China IT Watch) SHANGHAI, August 21, SinoCast -- By the end of this month at the earliest, Taiwan authority will lift the ban on Taiwan manufacturers' investments in Mainland China, and large semiconductor manufacturers...

Sales Increased in Q2.
August 18, 2006... (From SinoCast China IT Watch) SHANGHAI, August 21, 2006, SinoCast -- Semiconductor Manufacturing International Corporation, the leading semiconductor maker in China, lately announced its consolidated results of operations for the three...

Mobile Blog Comes.
August 17, 2006... (From SinoCast China IT Watch) SHENZHEN, August 18, 2006, SinoCast -- China Mobile, the biggest mobile telecom carrier in China, said that it will launch its mobile blog service by cooperating with 10 Internet companies, including...

Ericsson Saw New Orders from China Mobile.
August 17, 2006... (From SinoCast China IT Watch) SHENZHEN, August 18, 2006, SinoCast -- Telecom equipment and mobile phone maker Ericsson said that it had recently finalized a number of major GSM expansion contracts with China Mobile, the biggest mobile...

WAP Advertisement Appeared.
August 17, 2006... (From SinoCast China IT Watch) BEIJING, August 18, SinoCast -- At a WAP website, when GoTone users log on with a high-end mobile phone, they will see the advertisement of BMW. However, M-zone users will see the advertisement of Coca Cola...

Problem Batteries to be Recalled.
August 17, 2006... (From SinoCast China IT Watch) SHENZHEN, August 18, 2006, SinoCast -- SONY now is working closely with Dell's recall of Sony-supplied batteries powering 4.1 million notebook computers, but doesn't yet know how much the recall will cost,...

Net Profits Dropped.
August 17, 2006... (From SinoCast China IT Watch) CHENGDU, August 18, 2006, SinoCast -- Changhong Electric, one of the leading home appliance makers in Sichuan province, China, announced that its net profit plunged in the first half by 41.89 percent over...

Chain Cyber Bars Closed down.
August 16, 2006... (From SinoCast China IT Watch) SHENZHEN, August 17, 2006, SinoCast -- China Unicom, the second largest mobile telecom carrier in China, said this week that it will close 2,000 cyber bars nationwide because Internet service providers...

Japanese Phone Makers Allied to Grab 3G Market.
August 16, 2006... (From SinoCast China IT Watch) BEIJING, August 17, SinoCast -- NEC announced at the end of last month that it established strategic partnership with Panasonic home appliances and Panasonic Mobile. The three jointly set up a new mobile...

Oracle Reported to Acquire Kingdee.
August 16, 2006... (From SinoCast China IT Watch) BEIJING, August 17, SinoCast -- Oracle Corporation, the world's largest business software provider, is about to acquire China-based Kingdee International Software Group Co., Ltd. with an investment of USD...

News Deal from the US.
August 16, 2006... (From SinoCast China IT Watch) SHENZHEN, August 17, 2006, SinoCast -- Huawei Technologies, the biggest telecom equipment maker in China, announced that it has agreed to sell third-generation telecoms equipment to U.S. wireless...

G-Haier's Net Profit Increased by 26%.
August 16, 2006... (From SinoCast China IT Watch) BEIJING, August 17, SinoCast -- On August 11, G-Haier released its mid-2006 financial report. According to the report, G-Haier realized a major business income of CNY 11.24973 billion and a net profit of CNY...

Financial Result for Q2 Released.
August 15, 2006... (From SinoCast China IT Watch) SHENZHEN, August 16, 2006, SinoCast -- NetEase.com, one of the big three Internet portals in China, announced on August 14 its unaudited financial results for the second quarter ended June 30, 2006. ...

Ecdemic Phone Cards Strike Beijing Carriers.
August 15, 2006... (From SinoCast China IT Watch) BEIJING, August 16, 2006, SinoCast -- Mobile phone users in Beijing, the capital of China, are now getting more choices from mobile phone carriers from other cities. Providing cheaper mobile phone cards and...

New Huaguang to Tap into Photovoltaic Industry.
August 15, 2006... (From SinoCast China IT Watch) SHENZHEN, August 16, SinoCast -- As an important part of its shareholding system reform, China North Industries Group Corporation (CNIGC) plans to inject some stake in Yunnan Tianda Photovoltaic Co., Ltd....

Kelon Saw Huge Losses.
August 15, 2006... (From SinoCast China IT Watch) SHENZHEN, August 16, 2006, SinoCast -- Guangdong-based Kelon, one of the traditional home appliance makers in China, at last unveiled its 2005 financial results after several months delay which showed it...

LCD Television: Salable, not Profitable.
August 15, 2006... (From SinoCast China IT Watch) BEIJING, August 16, SinoCast -- "Flat panel televisions represented by LCD and PDP are sold well at market, but the real bolster of television manufacturers are traditional CRT televisions. Most...

China Home Appliances Makers Expand Rural Markets.
August 15, 2006... (From SinoCast China IT Watch) GUANGDONG, August 16, SinoCast -- Following Gree, Skyworth, and TCL, Midea and Galanz also plan to set up their own outlets in village and town markets so as to reduce the dependence on chain retailers such...

3G licenses Far from Release.
August 14, 2006... (From SinoCast China IT Watch) SHENZHEN, August 15, 2006, SinoCast -- The Chinese telecom regulators may once again put off release of the long-awaited licenses for third-generation telecommunications services. The timetable has been...

Rumor: Unicom to Sell CDMA network.
August 14, 2006... (From SinoCast China IT Watch) SHENZHEN, August 15, 2006, SinoCast -- Lately it has been rumored that China Unicom, the second largest mobile carrier in China, is about to sell its CDMA network, and the most possible buyer is China...

IPTV to be Spread out in Shanghai.
August 14, 2006... (From SinoCast China IT Watch) SHANGHAI, August 15, 2006, SinoCast -- BestTV, one of the SMG companies, will promote Shanghai IPTV in September, according to Li Feng, marketing promotion director from BestTV. SMG and Shanghai Telecom...

South Korean Phone Manufacturers Met Winter in China.
August 14, 2006... (From SinoCast China IT Watch) BEIJING, August 15, 2006 -- VK Mobile, a South Korean mobile phone manufacturer, announced on July 7 that it already applied for bankruptcy due to financial difficulties. Affected by this, a series of...

UTStarcom 2Q Loss Narrows.
August 14, 2006... (From SinoCast China IT Watch) Telecom equipment maker UTStarcom on August 12 announced a narrower loss for the second quarter of 2006 boosted by lower expenses, but revenue fell 24 percent. The company trimmed its quarterly loss to...

PC Giant Faces Lawsuits.
August 14, 2006... (From SinoCast China IT Watch) SHENZHEN, August 15, 2006, SinoCast -- Dell, the largest PC maker in the world, now is facing the possibility of hundreds of lawsuits over claims it deliberately lied to customers about processors used in...

Ctrip.com Unveils Latest Report.
August 11, 2006... (From SinoCast China IT Watch) SHANGHAI, August 14, 2006, SinoCast -- Chinese Internet travel company Ctrip.com (CTRP) announced its unaudited financial results for the quarter ended June 30, 2006. Net revenues were CNY190 million in...

Sales Increased from Last Year.
August 11, 2006... (From SinoCast China IT Watch) GUANGZHOU, August 14, 2006, SinoCast -- The total revenues of Tom Online, one of the leading Internet portals in China, for the second quarter of 2006 were USD50.10 million, an increase of 17.1 per cent from...

Games Remain the Main Sales Generator.
August 11, 2006... (From SinoCast China IT Watch) SHANGHAI, August 14, 2006, SinoCast -- The9 Limited, one of the major cyber game vendors in China, unveiled on August 10 its unaudited financial results for the quarter ended June 30, 2006. For the...