SinoCast China IT Watch articles from December 2006

SinoCast China IT Watch archives from December 2006

Sohu Ordered to Pay Compensation.
December 29, 2006... (From SinoCast China IT Watch) SHENZHEN, January 01, 2006, SinoCast -- Sohu.com, one of the biggest Internet portals of China's mainland, was ordered on December 28 to pay CNY 1.08 million to five film giants for offering downloading...

Fixed-Line Carriers Kick off Year-end Campaign.
December 29, 2006... (From SinoCast China IT Watch) BEIJING, January 01, 2006, SinoCast -- China Telecom and China Netcom, the top two Chinese fixed-line carriers are using the festive season to launch competitive long distance call plans. China Telecom,...

Chinese Telecom Carriers Restoring Network.
December 29, 2006... (From SinoCast China IT Watch) BEIJING, January 01, 2006, SinoCast -- Chinese telecommunications carriers announced that they were able to restore most major overseas phone connections on December 28 in the wake of Tuesday's earthquake....

China's Telecom Reform Unavoidable.
December 29, 2006... (From SinoCast China IT Watch) BEIJING, January 01, SinoCast -- 3G and reshuffle, mostly- watched suspense of 2006, are surely to continue in the coming year. "The Ministry of Information Industry has never studies a reshuffle", said...

Chinese TFT-LCD Firms Join Forces.
December 29, 2006... (From SinoCast China IT Watch) SHANGHAI, January 01, SinoCast -- With a view to their own insufficient scale, three Chinese TFT-LCD enterprises join hands finally. BOE Technology Group Co., Ltd. (SZSE: 000725), SVA Electron Co.,...

BOE Connects Local LCD Makers.
December 29, 2006... (From SinoCast China IT Watch) SHENZHEN, January 01, 2006, SinoCast -- BOE, one of the biggest LCD panel makers in China??s mainland, plans to establish a joint venture along with other Chinese makers next year to improve their...

Earthquake Puts Asia off the Net.
December 28, 2006... (From SinoCast China IT Watch) SHENZHEN, December 29, 2006, SinoCast -- The Internet network around Asia were disrupted early this week, slowing Internet services and hindering some financial transactions, after earthquakes off Taiwan...

Haier Gives Shares to Staff.
December 28, 2006... (From SinoCast China IT Watch) SHENZHEN, December 29, 2006, SinoCast -- Qingdao-based Haier Co, the biggest home appliance maker in China mainland, will offer 80 million new shares to executives to spur performance, the latest Chinese...

Hisense Connects with Kelon.
December 28, 2006... (From SinoCast China IT Watch) QINGDAO, December 29, 2006, SinoCast -- Qingdao-based Hisense Group plans to inject its white home appliance business into Guangdong Kelon Electrical Holdings Co. The move is designed to save Kelon from...

Shanda Takes Detour to Household Entertainment.
December 28, 2006... (From SinoCast China IT Watch) BEIJING, December 29, SinoCast -- Shanda Interactive Entertainment Ltd is in close talks with Lenovo Group Limited with the intent to take a detour to the household entertainment segment. Shanda, the...

SMIC Got Green Light.
December 28, 2006... (From SinoCast China IT Watch) SHENZHEN, December 29, 2006, SinoCast -- Shanghai-based SMIC, Semiconductor Manufacturing International Corp, got green light from central government this week to run a 12-inch wafer plant in Shanghai, the...

Changhong Bets Heavily on PDP.
December 28, 2006... (From SinoCast China IT Watch) SICHUAN, December 29, SinoCast -- Chinese TV giant Changhong still makes up its mind to bet heavily on PDP (plasma display panel), despite razor-thin profit margins on flat-panel TV and LCD (liquid crystal...

Search Giant Has Trouble in China.
December 27, 2006... (From SinoCast China IT Watch) BEIJING, December 28, 2006, SinoCast -- US-based search engine giant Google, the most-used Internet search engine in the world, has decided to take on a Chinese mainland partner as the United States...

Yahoo China Wins Lawsuit.
December 27, 2006... (From SinoCast China IT Watch) BEIJING, December 28, 2006, SinoCast -- A district court in Beijing ruled this week a domestic Internet search engine to pay Yahoo China around CNY 40,000 for compensation and refrain from what it found to...

Datang Connects with BenQ for 3G Hardsets.
December 27, 2006... (From SinoCast China IT Watch) SHENZHEN, December 28, 2006, SinoCast -- Datang Mobile, owner of one of the 3G standard TD-SCDMA, has inked a deal with BenQ to produce 3G handsets based on China's homegrown standard for third generation...

Putian to Roll out 3G Handsets.
December 27, 2006... (From SinoCast China IT Watch) BEIJING, December 28, 2006, SinoCast -- Potevio, formally known as China Putian Corp, is expected to start production of 3G (third generation) mobile telecoms network equipment in the first quarter of next...

Japanese Giants Tap China Mobile Ad Market.
December 27, 2006... (From SinoCast China IT Watch) BEIJING, December 28, SinoCast -- Japanese mobile Ad giant CA Mobile is said to establish a joint venture in Beijing to primarily engage in mobile Ad. The joint venture is scheduled to open for...

Best Buy to Vie with China Consumer Electronics Retailers.
December 27, 2006... (From SinoCast China IT Watch) SHANGHAI, December 28, SinoCast -- "Best Buy's first flagship store in China is scheduled to start trial operation on December 28 and officially open for business in the coming January," briefly announced...

Google-Cmfu.com Partnership Refuted.
December 26, 2006... (From SinoCast China IT Watch) BEIJING, December 27, SinoCast -- Under the promotion of a gobetween, Google has expressed its intention of acquiring www.cmfu.com, the original literature website under the wings of Shanda Interactive...

Hitachi Not to Use "Travelstar" Brand in China Mainland.
December 26, 2006... (From SinoCast China IT Watch) BEIJING, December 27, SinoCast -- Under the mediation of China Electronic Chamber of Commerce, Hitachi Global Storage Technologies (Hitachi GST) has made a compromise with Beijing Travelstar Hi-Tech Co.,...

Online Bank Security Has A Big Hole.
December 26, 2006... (From SinoCast China IT Watch) BEIJING, December 27, 2006, SinoCast -- The number of Internet users who lost money from online bank accounts in the first 10 months of 2006 surged dramatically by 600 times in China over the figure in...

Netease Cuts off Departments.
December 26, 2006... (From SinoCast China IT Watch) BEIJING, December 27, 2006, SinoCast -- Netease.com, one of the big three Internet portals in China??s mainland, will cut jobs in its wireless segment by one-third by the end of the month and close four...

Skyworth Saw Tripled Sales.
December 26, 2006... (From SinoCast China IT Watch) SHENZHEN, December 27, 2006, SinoCast -- Skyworth Digital Holdings Ltd, one of the leading television makers in China??s mainland, announced this week that its six-month profit more than tripled on rising...

Haier Brews New Takeover.
December 26, 2006... (From SinoCast China IT Watch) QINGDAO, December 27, 2006, SinoCast -- Haier Group Corp, the biggest home appliance maker in China's mainland, is brewing to buy a 10 percent stake in Founder Technology Group Corp to become the...

eBay, Tom Launch New Joint Venture.
December 21, 2006... (From SinoCast China IT Watch) GUANGZHOU, December 22, 2006, SinoCast -- eBay Inc and a Beijing-based Web portal announced today they are launching a joint-venture Chinese auction site, marking a strategic shift for the US company,...

Shanghai Mechanical & Electrical Buys Quality Assets.
December 21, 2006... (From SinoCast China IT Watch) SHANGHAI, December 22, SinoCast -- Shanghai Mechanical & Electrical Industry Co., Ltd. (SHSE: 600835) said it has acquired three quality assets from Shanghai Electric International Economic & Trading Co.,...

Charger Standard Expected to Take Effect.
December 21, 2006... (From SinoCast China IT Watch) BEIJING, December 22, 2006, SinoCast -- The Chinese government has come up with a national standard on mobile phone chargers to be sold in the country in a bid to cut waste and lower costs for users, the...

Intel China Becomes Fifth Independent Business Region.
December 21, 2006... (From SinoCast China IT Watch) BEIJING, December 22, 2006, SinoCast -- The branch of Intel in China will be a direct subordinate of the company's headquarters in the United States from next year instead of a unit within the Asian Pacific...

Foundertech Stems Acquisition with Share Placement.
December 21, 2006... (From SinoCast China IT Watch) BEIJING, December 22, SinoCast -- Foudertech (SHSE: 600601) said it plans to place 291.134108 million shares on its shareholders at CNY 2.66 apiece to raise at most CNY 834 million to boost its PCB business....

New Submarine Cable to Link China and US.
December 20, 2006... (From SinoCast China IT Watch) BEIJING, December 21, 2006, SinoCast -- Telecom carriers from China, South Korea and the United States this week formed a consortium to jointly lay a new fibre-optic submarine cable directly linking China...

TOM-eBayEachnet Deal to Be Elaborated.
December 20, 2006... (From SinoCast China IT Watch) BEIJING, December 21, SinoCast -- TOM and eBay are scheduled to elaborate on their deal on December 20, another snake-eats-elephant transaction after Ablibaba's acquisition of Yahoo! China. As a...

No Way for One-way Charging System.
December 20, 2006... (From SinoCast China IT Watch) BEIJING, December 21, 2006, SinoCast -- Mobile phone carriers and the Chinese telecom regulators this week denied reports that they are ready to introduce a caller-pays charging scheme for mobile phone calls...

Chinese Makers Win New Deals in Africa.
December 20, 2006... (From SinoCast China IT Watch) SHENZHEN, December 21, 2006, SinoCast -- Huawei, China's largest telecom equipment maker, and local rival ZTE Corp. may jointly control more than half the Nigerian mobile-phone equipment market by 2007,...

Hitachi Buys into Covics Business Solution.
December 20, 2006... (From SinoCast China IT Watch) SHANGHAI, December 21, SinoCast -- Hitachi Information Systems, Ltd., a leading provider of information technology (IT) services, has finished injecting a huge amount of fresh capital into Shanghai-based...

Toshiba Wins Huge Order on China Nuke Plants.
December 20, 2006... (From SinoCast China IT Watch) BEIJING, December 21, SinoCast -- Toshiba Corp's Westinghouse Electric Co unit won a USD5.3 billion contract in China to build four reactors this week. The contract, the biggest international...

Changhong Takes over New Facility.
December 19, 2006... (From SinoCast China IT Watch) SHENZHEN, December 20, 2006, SinoCast -- Sichuan-based Chinese television giant Changhong Electric Co Ltd acquired Seoul-based Orion PDP, a flat-panel display maker, to move into the upper level of the...

SunGard Gulps Kingstar.
December 19, 2006... (From SinoCast China IT Watch) BEIJING, December 20, SinoCast -- Financial & IT service hegemon SunGard Data Systems Inc. has swallowed down Shanghai Fudan Kingstar Computer Co., Ltd. Kingstar, a leading financial & IT services...

Dell May Take over Chinese Counterpart.
December 19, 2006... (From SinoCast China IT Watch) BEIJING, December 20, 2006, SinoCast -- US-based PC giant Dell is about to be negotiating with local Chinese computer manufacturer Founder in hopes of acquiring the Chinese computing business. Local...

More LCDs from Taiwan.
December 19, 2006... (From SinoCast China IT Watch) SHENZHEN, December 20, 2006, SinoCast -- Konka, one of the leading television makers in China's mainland, expects to double its LCD TV shipments to two million units in 2007, according to Dan Liu, vice...

eBay Brews New Plan in China.
December 19, 2006... (From SinoCast China IT Watch) BEIJING, December 20, 2006, SinoCast -- A Internet user claiming to be a disgruntled eBayEachnet employee in China has been spreading information around the Internet that eBay.com is soon to announce a deal...

Who will Buy UTStarcom?
December 19, 2006... (From SinoCast China IT Watch) BEIJING, December 20, SinoCast -- UTStarcom Inc. (Nasdaq: UTSI) have been the most prime acquisition target, citing it is expected to return to profits soon, thanks to its significant adjustments to finance...

China Takes Actions on Online Music.
December 18, 2006... (From SinoCast China IT Watch) BEIJING, December 19, 2006, SinoCast -- The Chinese Internet users and operators are beginning to question the practicality and purpose of new controls on network - mostly online - music. The new...

China Unicom's CDMA Sales on the Rise.
December 18, 2006... (From SinoCast China IT Watch) BEIJING, December 19, 2006, SinoCast -- Liantong Huasheng, a wholly-owned company of China Unicom (CHU), reports that China Unicom will increase its CDMA outsourcing by 50 per cent next year. This will...

BEA Expands to China through Mergers.
December 18, 2006... (From SinoCast China IT Watch) BEIJING, December 19, 2006, SinoCast -- BEA Systems Inc, a US-based business software maker, is looking to make acquisitions to carve a larger slice out of the China market, senior company officials said....

Schneider, Delixi Mull JV.
December 18, 2006... (From SinoCast China IT Watch) WENZHOU, December 19, SinoCast -- Global electrical manufacturer Schneider Electric is mulling a joint venture in partnership with China's Delixi Group. The new entity, to be named as Delixi Electric...

Haier to Buy into Foundertech.
December 18, 2006... (From SinoCast China IT Watch) QINGDAO, December 19, SinoCast -- Hairer Group is said to be weighing a plan to buy a 10% of Founder Technolog Group Corp. (Foundertech), becoming another widely-rumored purchaser aside from Dell Inc....

Baidu.com Signs New Ad Deals.
December 15, 2006... (From SinoCast China IT Watch) BEIJING, December 18, 2006, SinoCast -- Baidu.com, China's leading search engine, says its paid search ads will now appear on some of Microsoft Corp.'s Chinese sites. The deal was announced on Thursday...

BenQ Laid off More Workers in Beijing.
December 15, 2006... (From SinoCast China IT Watch) BEIJING, December 18, 2006, SinoCast -- Taiwan-based electronics maker BenQ Corp has decided to shut down its Beijing handset research center and fire all 400-plus employees due to financial difficulties....

Cisco Comes with New IPTV Tech.
December 15, 2006... (From SinoCast China IT Watch) SHENZHEN, December 18, 2006, SinoCast -- US-based IT giant Cisco on December 14 extended the video delivery capabilities of its Internet Protocol Next-Generation Network (IP NGN) architecture with the...

Dell to Acquire PC Unit of Foundertech.
December 15, 2006... (From SinoCast China IT Watch) SHENZHEN, December 18, SinoCast -- Dell Inc. is said to be in close talks to acquire the PC unit of Founder Technology Group Corp. (Foundertech). If the widely-reported deal comes off, it will be...

BenQ Shuts down Beijing R&D Center.
December 15, 2006... (From SinoCast China IT Watch) BEIJING, December 18, SinoCast -- BenQ has decided to shut down its Beijing R&D center, because its acquisition of Siemens' mobile phone division has brought losses instead of projects. The Taiwan-based...

China Mobile Stops Cooperation with eTone Infotech.
December 14, 2006... (From SinoCast China IT Watch) BEIJING, December 15, SinoCast -- China Mobile, the largest mobile telecom carrier in the country, recently ceased the cooperation with Beijing eTone Infotech Co., Ltd., its partner for the mobile instant...

Google Signs New Agent.
December 14, 2006... (From SinoCast China IT Watch) SHANGHAI, December 15, 2006, SinoCast -- US-based search engine giant Google this week announced that Shanghai Tianqing Information Technology Company will be its newest Google AdWords agent in China. ...

Google, Baidu Wrestle on Online Video.
December 14, 2006... (From SinoCast China IT Watch) BEIJING, December 15, SinoCast -- The world's two strongest online search giants, Google and Baidu, are wrestling on online video business. Google is weighing a plan to acquire a Chinese leading online...

AT&T Seeks Chances in China.
December 14, 2006... (From SinoCast China IT Watch) SHENZHEN, December 15, 2006, SinoCast -- AT&T Corp last week set up its second Internet data center in Shanghai, despite grappling with regulatory barriers that restrict foreign companies in the domestic...

PC Giant Comes with Recycling Policy.
December 14, 2006... (From SinoCast China IT Watch) BEIJING, December 15, 2006, SinoCast -- US-based computer giant Dell has launched free recycling in China, meeting a timetable set in June to provide free recycling of any Dell- branded product for...

Homegrown Chips Being Tested.
December 14, 2006... (From SinoCast China IT Watch) BEIJING, December 15, 2006, SinoCast -- One thousand computers powered by Chinese-made "Godson" central processing units will undergo user tests from next month to see whether the low-cost computers are...

51.com Starts New Round of Financing.
December 13, 2006... (From SinoCast China IT Watch) SHANGHAI, December 14, SinoCast -- 51.com, a Chinese friend-making website famous for its success in winning favor from the United States-based venture firm Sequoia Capital, quietly commenced the second...

China.com Expands Further.
December 13, 2006... (From SinoCast China IT Watch) BEIJING, December 14, 2006, SinoCast -- China.com Inc, controlled by software company CDC Corp., lately announced said its shareholders approved the acquisition of Timeheart for USD 15.7 million in cash and...

Huawei Expects Growing Sales.
December 13, 2006... (From SinoCast China IT Watch) SHENZHEN, December 14, 2006, SinoCast -- Huawei Technologies, the biggest telecom equipment maker in China's mainland, expects its annual contract sales to hit USD 11 billion this year, representing 34...

China Unicom Group to Hold More Shares in Its Subsidiary.
December 13, 2006... (From SinoCast China IT Watch) SHENZHEN, December 14, 2006, SinoCast -- China Unicom, a blue chip listed on the Shanghai Stock Exchange, announced on December 9 that its parent company, the China Unicom Group, will buy more shares to...

Lenovo to Go Deeper into Pharmaceutical.
December 13, 2006... (From SinoCast China IT Watch) SHIJIAZHUANG, December 14, SinoCast -- A wholly-owned subsidiary of Legend Holdings Co., Ltd. has been active in taking part in the restructuring of Shijiazhuang Pharmaceutical Group Co., Ltd. (CSPC), a...

Baidu Expands Partnership with Eachnet.
December 11, 2006... (From SinoCast China IT Watch) BEIJING, December 12, 2006, SinoCast -- Baidu Inc, the biggest Chinese Internet search engine in China's mainland and Eachnet, the Chinese auction site of eBay Inc., announced this week that they had...

IPTV Subscribers to Reach New High.
December 11, 2006... (From SinoCast China IT Watch) BEIJING, December 12, 2006, SinoCast -- The market for IPTV (Internet Protocol Television), which enables TV broadcasting over broadband Internet, is expected to take off in China next year as fixed line...

BenQ Expects 25% Growth.
December 11, 2006... (From SinoCast China IT Watch) SHENZHEN, December 12, 2006, SinoCast -- Taiwan-based BenQ expects its revenues in the local Taiwan market to grow 25 per cent on year to reach NTD 5 billion in 2007, up from NTD 4 billion projected for...

Homegrown DVD Standard on the Stage.
December 11, 2006... (From SinoCast China IT Watch) SHENZHEN, December 12, 2006, SinoCast -- Some Chinese top electronics makers this week unveiled dozens of video players made with a homegrown DVD format in a campaign to promote a Chinese alternative to...

3M Scales up China Spending.
December 11, 2006... (From SinoCast China IT Watch) SHANGHAI, December 12, SinoCast -- The global industry leader 3M recently announced its decision to scale up its investment in China market. The US-based giant said it will inject more than CNY 1...

UTStarcom Needing a New Way out.
December 11, 2006... (From SinoCast China IT Watch) BEIJING, December 12, SinoCast -- UTStarcom, Inc. (NASDAQ: UTSI), an upstart with PHS handset business, just escaped from the fate of being de-listed from The NASDAQ Stock Market ("NASDAQ") because of the...

Blogger Numbers Keep Increasing.
December 8, 2006... (From SinoCast China IT Watch) SHENZHEN, December 11, 2006, SinoCast -- The number of Chinese bloggers reached 19.87 million in early November, according to a report released by Chinese search engine provider Baidu on December 5. The...

Baidu.com to Burst into Japanese Search Market.
December 8, 2006... (From SinoCast China IT Watch) BEIJING, December 11, SinoCast -- China's largest Internet search firm Baidu.com announced on December 4 that it would tap into the Japanese search engine market next year, starting to compete with Google...

Hong Kong Sets to Provide 3G Service.
December 8, 2006... (From SinoCast China IT Watch) SHENZHEN, December 11, 2006, SinoCast -- To deal with the demand created by China mainland's development of the network in future, Hong Kong is ready to launch 3G services using TD-SCDMA standard. ...

IPTV to Take off Next Year.
December 8, 2006... (From SinoCast China IT Watch) SHENZHEN, December 11, 2006, SinoCast -- IPTV (Internet Protocol Television) market, which enables TV broadcasting over broadband Internet, is expected to take off next year in China as fixed-line operators...

China Unicom Jumps on Expectations.
December 8, 2006... (From SinoCast China IT Watch) SHENZHEN, December 11, 2006, SinoCast -- This week, share price of China Unicom, the second largest mobile telecom carrier in China's mainland, broke HKD 4, rising 70% in the last three months. The jump...

Intel Rivals against AMD.
December 8, 2006... (From SinoCast China IT Watch) SHANDONG, December 11, SinoCast -- The global chipmaking giant Intel recently teamed up with Inspur Group for launching a counterattack against its strongest rival AMD in China. Ian Yang, on behalf of...

TD Tech Aims High.
December 7, 2006... (From SinoCast China IT Watch) SHENZHEN, December 08, 2006, SinoCast -- TD Tech Ltd, the joint venture co-funded by Siemens and China's Huawei Technologies, is aggressively beefing up its marketing capabilities with the aim of becoming...

China, Charming Market for Xilinx.
December 7, 2006... (From SinoCast China IT Watch) BEIJING, December 08, SinoCast -- Xilinx, Inc. (Nasdaq: XLNX), a leading digital programmable logic device (PLD) products supplier, has chosen Beijing to hold the ceremony for its global issue of the latest...

Rising Debuts 2007 Flagship Product.
December 7, 2006... (From SinoCast China IT Watch) BEIJING, December 08, SinoCast -- China-based Rising Corp. launched the annual flagship product "Rising Antivirus 2007" on December 5, 2006, saying that the product will be available globally in Chinese...

Shanda Shares Rise.
December 6, 2006... (From SinoCast China IT Watch) SHENZHEN, December 07, 2006, SinoCast -- Shares of Shanda Interactive Entertainment Ltd., the biggest online interactive company in China's mainland, neared their 52-week high on December 5, after a...

Myspace Covets Chinese Market.
December 6, 2006... (From SinoCast China IT Watch) BEIJING, December 07, SinoCast -- Myspace, a community friend-making website affiliated to News Corp., is about to tap into the huge Chinese market. The media giant has not fared well in the Chinese...

China's Online Tourism Faces Opportunity and Challenge.
December 6, 2006... (From SinoCast China IT Watch) BEIJING, December 07, SinoCast -- Spurred by the 2008 Beijing Olympic Games, the Chinese online tourism industry will see the fastest growth in the two years to come, according to the market consultation...

China to be the Biggest Telecom Market.
December 6, 2006... (From SinoCast China IT Watch) SHENZHEN, December 07, 2006, SinoCast -- China, the fastest growing economy in the world, would outpace the United States as the biggest market for the telecommunication industry by the end of next year...

Phone Charger Standard on the Way.
December 6, 2006... (From SinoCast China IT Watch) SHENZHEN, December 07, 2006, SinoCast -- The Chinese government is brewing a national standard on mobile phone chargers sold in the country to avoid waste and lower costs for users. The standard,...

Baidu Eyes Search Engine Sector in Japan.
December 5, 2006... (From SinoCast China IT Watch) SHENZHEN, December 06, 2006, SinoCast -- Baidu.com, the biggest search engine provider in China, is about to enter the Japanese market next year as a major step to expand overseas and increase its...

Huawei Expands to WiMAX Area with New Deal.
December 5, 2006... (From SinoCast China IT Watch) SHENZHEN, December 06, 2006, SinoCast -- Huawei Technologies, the biggest telecom equipment maker in China's mainland, signed a new deal with Oki Electric Industry, the latter will sell Huawei's mobile...