SinoCast China IT Watch articles from January 2009

SinoCast China IT Watch archives from January 2009

Chongqing Dreaming of A Full-fledged IT Industry.
January 19, 2009... CHONGQING, January 20, SinoCast -- The municipal government in Chongqing, one of the four municipalities in China, yesterday came up an ambitious plan to boost up sales of its information technology industry from CNY 150 billion to CNY 1...

Mindong Electric Brews Private Share Placement.
January 19, 2009... FUJIAN, January 20, SinoCast -- Mindong Electric (Group) Co., Ltd. (SZSE: 000536) plans to issue up to CNY 565 million renminbi-denominated shares to Fujian Furi Electronics Co., Ltd. (SHSE: 600203) and two subsidiaries of Chung Hwa...

China Mobile, China Telecom Boosting 3G Network Deployment.
January 19, 2009... BEIJING, January 20, SinoCast -- China's surviving telecom operators are quickening their 3G network deployment to strive for larger slices of the 3G cake. China Mobile and China Telecom, two of the Big Three in the Chinese telecom...

Japanese 3G Mobile Phones Come to China.
January 19, 2009... BEIJING, January 20, SinoCast -- Marketing employees of Samsung and LG's Chinese mobile phone businesses frequently receive phone calls from Sharp's headhunters, asking if they are interested in new jobs offered by the latter. For...

Kingsoft to Divide Itself into 2 Companies.
January 16, 2009... SHANGHAI, January 19, SinoCast -- Kingsoft Corporation Limited (SEHK: 3888) brews to divide itself into two independent companies, persons in the know disclosed on January 15, 2008. Kingsoft has found new chief executive officers for the...

Tudou.com in Legal Troubles.
January 16, 2009... BEIJING, January 19, SinoCast -- Leading Chinese online video website Tudou.com is expected to face lawsuits from an anti-pirate alliance among about eighty video copyright owners, which are collecting evidence for the accusation, citing a...

Everyone to Have One Low-price Laptop 5Yrs Later.
January 16, 2009... SHENZHEN, January 19, SinoCast -- Talking of the most popular IT product in the year of 2008, it must be pirated- edition, low-price but super-function mobile phone. In 2009, the leading role is likely to change to low-price laptops. ...

Xianyang Pianzhuan Names Zheng Yi as Chairman.
January 16, 2009... XIANYANG, January 19, SinoCast -- Xianyang Pianzhuan Co., Ltd. (SZSE: 000697), a declining deflecting coil maker in China, recently announced change in chairman of the board to speed up its planned business integration. The...

Highfliers Gang up against Knockoffs.
January 15, 2009... SHENZHEN, January 19, SinoCast -- In the capacity of director of the Shenzhen Computer Industry Association (SCIA), Du Heping, chairman of Great Wall Computer, initiated the Mini Notebook Computer Branch under SCIA on January 4 in an effort...

Baidu, Willcom Launch Chinese-voice Search Service in Japan.
January 15, 2009... BEIJING, January 16, SinoCast -- China's online search titan Baidu, Inc. (Nasdaq: BIDU) recently rolled out voice search services for Chinese speakers visiting Japan in cooperation with Japan-based personal handy-phone system (PHS) operator...

China Unicom Silently Welcomes 3G Era.
January 15, 2009... BEIJING, January 16, SinoCast -- On January 7, 2009, the Ministry of Industry and Information Technology (MIIT) issued 3G licenses to China's three leading telecom operators. China Unicom (Hong Kong) Ltd. (NYSE: CHU, SEHK: 0762, and SHSE:...

Galanz to Subsidize Air Conditioner Distributors.
January 15, 2009... SHUNDE, January 16, SinoCast -- Galanz Group plans to spread a total subsidy of about CNY 100 million on its air conditioner distribution network, the Chinese home appliance manufacturer announced lately. All the Galanz air conditioner...

TCL to Offer More Shares to Fund LCD Production.
January 14, 2009... SHENZHEN, January 16, SinoCast -- Chinese TV maker TCL Group said that its fund-raising plan for CNY 1.39 billion through private placement had been greenlighted by the China Securities Regulatory Committee. Proceeds from the share offering...

Nortel Networks Greater China President Jackson Wu Retires.
January 14, 2009... BEIJING, January 16, SinoCast -- Nortel Networks Corporation (NYSE: NT) recently said that Jackson Wu, former president for the Greater China region, was permitted to retire, effective December 31, 2008. In addition, Nortel Networks has...

China's Internet Growth Rate Outruns the World's Average.
January 14, 2009... SHENZHEN, January 15, SinoCast -- China recorded 298 million Internet users by the end of 2008, representing an increase of 41.9% from one year ago, with an Internet penetration rate of 22.6%, in contrast to 21.9% of the world's average,...

China Mobile to Subsidize TD-SCDMA Terminals by CNY10bn.
January 14, 2009... BEIJING, January 15, SinoCast -- China Mobile Ltd. (SEHK: 0941 and NYSE: CHL) will take actions after brewing activating TD-SCDMA terminal suppliers for a long time. Lu Xiangdong, senior vice president of the Chinese leading telecom...

Hua Hong NEC Said to Employ Silterra COO.
January 14, 2009... SHANGHAI, January 15, SinoCast -- Shanghai Hua Hong NEC Electronics Co., Ltd. is reportedly enhancing its management for the acquisition of its peer Grace Semiconductor Manufacturing Corporation (GSMC), a Shanghai-based semiconductor ODM. ...

Gome to Regroup Board of Directors for Sanlian Commercial.
January 14, 2009... SHANGHAI, January 15, SinoCast -- Gome Electrical Appliances Holding Ltd. (SEHK: 0493) is likely to reorganize the board of directors for Sanlian Commercial Co., Ltd. (SHSE: 600898) as planned. On January 14, Sanlian Commercial announced...

Phone Makers Looking Harder at Innovations.
January 13, 2009... SHENZHEN, January 14, SinoCast -- The worsening global financial crisis is the last nail to the coffin of the mobile phone industry. As multinationals are reeling from losses and staff reduction, handset makers in China are also feeling the...

Suning to Kick off Credit Card Spending in Beijing.
January 13, 2009... NANJING, January 14, SinoCast -- Joining hands with eight banks, Suning Appliance Co., Ltd. (SZSE: 002024) is to kick off a credit card spending activity in its 50 outlets in Beijing, disclosed the home appliance retailer. The banks...

China Telecom Aims at Early Bird in 3G Expansion.
January 13, 2009... BEIJING, January 14, SinoCast -- China Telecom Corporation Limited (SEHK: 0728 and NYSE: CHA) is armed to the teeth to spread its 3G services all over China before its peers do so, as the timing seems correct for its expansion, said insiders....

China's Telecom Operators Gearing up for Customized Phones.
January 13, 2009... BEIJING, January 14, SinoCast -- China's telecommunication industry is expected to evolve into three disperse industrial chains made up of telecom carriers and mobile phone makers from one dominated by telecom carriers previously, predicted...

Vimicro Forays into Video Monitoring Field.
January 13, 2009... BEIJING, January 14, SinoCast -- With firm foothold in PC and mobile phone chip field, Vimicro International Corporation (Nasdaq: VIMC) begins to produce digital multimedia chips for video monitoring products. On January 6, 2009, the...

WinTV on the Edge of Bankruptcy, Sources Say.
January 12, 2009... BEIJING, January 13, SinoCast -- WinTV Digital TV Development Ltd. (WinTV), a Shanghai-based charging TV content operator, is on the edge of bankruptcy, disclosed an employee for the company on January 11, 2009. "The company is not...

Haier Undergoing Shakeups.
January 12, 2009... QINGDAO, January 13, SinoCast -- Under the latest shakeups, six vice presidents of Haier Group, who are overseeing businesses of TVs, computers, logistics, home appliances, and so on, have been removed from their positions. And they have been...

Chinese Game Vendors Looking Harder at Market Overseas.
January 12, 2009... SHENZHEN, January 13, SinoCast -- After years of fast growth, Chinese cyber game vendors have beaten their foreign counterparts in China,which once were thriving in the emerging country. Now they are expanding their footprints aggressively to...

China Mobile 09 to Pour CNY58.8bn in TD-SCDMA Base Stations.
January 12, 2009... BEIJING, January 13, SinoCast -- Chinese regulators' issuance of 3G mobile telecoms operating licenses bore another fruit on January 10, 2009, when China Mobile Ltd. (NYSE: CHL and SEHK: 0941) decided to take a further step to stimulate the...

Charles Zhang: Sohu.com Plans No Mergers.
January 9, 2009... BEIJING, January 13, SinoCast -- Sohu.com Inc. (Nasdaq: SOHU), an archrival of SINA Corporation (Nasdaq: SINA), seems unconcerned about the latter's merger with Focus Media Holding Ltd. (Nasdaq: FMCN). On January 8, 2009, Sohu.com Board...

Huayi Brothers Sues Video Sites for Copyright Infringement.
January 9, 2009... BEIJING, January 12, SinoCast -- Huayi Brothers Media Co., Ltd. has been beyond endurance to some Internet companies' copyright infringement. On January 4, 2009, when the company's new film If You Are The One is being played in theaters...

The Key is How to Make Money.
January 9, 2009... SHENZHEN, January 12, SinoCast -- The long-waited 3G licenses finally have been issued in China. China Mobile gets the license to run TD-SCDMA service, and the WCDMA and CDMA 2000 licenses go to China Unicom and China Telecom, respectively....

Microsoft (China) Sued for Illegal Layoff.
January 9, 2009... BEIJING, January 12, SinoCast -- Microsoft (China) Co., Ltd., a Chinese branch of US-based software giant Microsoft Corporation (Nasdaq: MSFT), was accused of laying off employees illegally in China, disclosed people in the know recently. ...

Amoi Electronics Prospect Unclear when Opportunity Comes.
January 9, 2009... XIAMEN, January 12, SinoCast -- Amoi Electronics Co. Ltd. (SHSE: 600057) witnessed its shares closed at CNY 2.01 apiece on the Shanghai Stock Exchange (SSE) on January 8, 2008, keeping a limit up since 10:02. On January 9, the...

China Issues 3G Licenses.
January 8, 2009... BEIJING, January 09, SinoCast -- The 3G era finally comes in China. The Ministry of Industry and Information Technology (MIIT) issued three licenses respectively to China Mobile Communications Corporation (CMCC), China Telecommunications...

Shanda Literature Appoints New Chief Copyright Officer.
January 8, 2009... SHENZHEN, January 09, SinoCast -- Shanda Literature, an original literature website under the aegis of the Shanda Internet Development, appointed today Zhou Hongli, a former counselor at China's embassy in Singapore as chief copyright officer...

Amoi on the Edge of Bankruptcy.
January 8, 2009... SHANGHAI, January 09, SinoCast -- Amoi Electronics Co. Ltd. (SHSE: 600057), a declining consumer electronics marker in China, is on the edge of bankruptcy in 2009. The Xiamen-headquartered company is mulling an insolvency...

SMIC to Introduce Strategic Investors.
January 8, 2009... SHANGHAI, January 09, SinoCast -- Chinese top-ranking chip maker Semiconductor Manufacturing International Corporation (SMIC) is in talks with several companies such as chip giant Intel in a bid to introduce new strategic investors. Such...

Sichuan COC Display to Mass Produce PDP in March.
January 8, 2009... MIANYANG, January 09, SinoCast -- Sichuan COC Display Devices Co., Ltd. has completed the first-phase construction of its plasma display and module production base, which will start mass production in March, citing a latest announcement by...

Video Websites in Deep Water.
January 7, 2009... SHENZHNE, January 08, SinoCast -- The rampant piracy of online video sharing websites finally has copyright owners taking actions against them in the New Year. Yesterday, led by Joy.cn, Polybona.com.cn, and Chengt.com, over eighty...

China Said to Issue 3G Licenses on January 7.
January 7, 2009... BEIJING, January 08, SinoCast -- China will issue third- generation (3G) high-speed mobile phone licenses to its three integrated telecom operators on January 7, 2009, disclosed a person in the know on January 6. China Mobile...

WAPI Sees Dawning.
January 7, 2009... BEIJING, January 08, SinoCast -- China-based AzureWave Technologies Inc. launched two types of wireless module integrated circuits coded AW-GH320 and AW-GH380 on January 5, 2009. Developed from the core chips of the global semiconductor...

Huawei Sales up 46%.
January 7, 2009... SHENZHEN, January 08, SinoCast -- Shenzhen-based telecom equipment supplier Huawei Technologies recorded USD 23.3 billion in contractual income in 2008, up 46% year on year, and USD 17 billion in real income. Its sales overseas accounted for...

Lenovo Clinches Restructuring Plan.
January 7, 2009... BEIJING, January 08, SinoCast -- Lenovo Group Limited (SEHK: 0992) decides to regroup its Asia-Pacific region. On January 6, 2009, the world's No. 4 PC maker nailed down a restructuring plan, according to which former Asia-Pacific...

Shandong Restructures Cultural Companies.
January 6, 2009... JINAN, January 07, SinoCast -- The last day of 2008 witnessed the foundation of four media companies in Shandong Province. They were Shandong Dazhong Media Co., Ltd., Shandong Publishing Group Co., Ltd., Shandong Xinhua Media Co., Ltd.,...

Amoi on the Edge of Delisting.
January 6, 2009... SHANGHAI, January 07, SinoCast -- Amoi Electronics Co. Ltd. (SHSE: 600057), a declining consumer electronics marker in China, is edging toward delisting from the Shanghai Stock Exchange. Amoi's mobile phone and laptop production lines...

CSM Media Research Enjoys Monopoly over the Market.
January 6, 2009... SHENZHEN, January 07, SinoCast -- As Nelson decided yesterday to put an end to its TV rating service in China, CSM Media Research will become the only player in the market. Nelson says that such decision is a result of the fact that one...

Goodmedia Merges Beijing Sports Media.
January 6, 2009... BEIJING, January 07, SinoCast -- Beijing Goodmedia Co., Ltd. has swallowed up Beijing Sports Media Co., Ltd. on January 5, 2009. Goodmedia mainly advertises products through billboards in China's medium- and high-end gymnasiums. So...

A Market Dominated by Several Big Players.
January 5, 2009... SHENZHEN, January 06, SinoCast -- China's Internet search market value hit CNY 4.664 billion in the first three quarters of 2008, representing a rise of 75.8% from the corresponding period one year ago, according to latest statistics from IT...

China Mobile Marks Down GPRS Services.
January 5, 2009... BEIJING, January 06, SinoCast -- A customer of China Mobile Ltd. (NYSE: CHL and SEHK: 0941) in Shanghai can enjoy a GPRS web browsing volume of 150 megabytes a month for CNY 20 from January 1, 2009. The same is true in the Chinese...

China to Issue 3G Licenses before Chinese New Year.
January 5, 2009... BEIJING, January 06, SinoCast -- China is scheduled to issue third-generation (3G) high-speed mobile phone licenses in January 2009, in a move to shore up its fast-growing telecoms industry. On December 31, 2008, the State Council,...

Chip Makers in Henan Still Big on the Prospect.
January 5, 2009... HENAN, January 06, SinoCast -- Though the semiconductor manufacturers in major Chinese cities like Shanghai, Beijing, and Wuxi are feeling the pinch, their counterparts in the second-level cities are still big on the prospect of the industry....

Semiconductor Giants Eyeing Chinese IC Design Houses.
January 5, 2009... SHANGHAI, January 06, SinoCast -- The world's semiconductor giants are eyeing Chinese IC design houses when the global market is in a depression. US imaging solutions provider Aptina is said to have acquired the unit of Shanghai-based...

Taobao.com Starts Building First Taobao City in Hangzhou.
January 1, 2009... HANGZHOU, January 05, SinoCast -- Taobao.com started building its first shopping center Taobao City in the eastern Chinese city of Hangzhou on December 30, 2008, announced the consumer-to-consumer (C2C) unit of e-commerce bellwether Alibaba...

Chinese E-commerce to Make A Hit in Crisis.
January 1, 2009... BEIJING, January 05, SinoCast -- Jack Ma, chairman of the biggest Chinese e-commerce platform Alibaba Group, may find a way out of the wood, as the winter becomes increasingly colder for China's other companies, especially those small and...

LG Mobile to Invest CNY1bn in Chinese Market.
January 1, 2009... BEIJING, January 05, SinoCast -- Under the financial crisis, global giants like Nokia Corporation (NYSE: NOK), Motorola Inc. (NYSE: MOT), and Sony Ericsson either cut jobs or reduce payments, while LG Mobile announced on December 30, 2008,...

Lenovo Regroups in Asia Pacific.
January 1, 2009... BEIJING, January 05, SinoCast -- Chinese PC maker Lenovo has pulled off corporate reorganization in Asia Pacific. David D. Miller this time may resign as Asia Pacific president. However, the company denies that it will cut jobs in the...