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News Archive | May, 2013

Motorola's Greater China President Departs

May 31st, 2013

Meng Pu, president for Motorola Greater China, has resigned with the coming of the company's second-round layoff plans in China. According to reports in Chinese local media, Motorola will soon start the second-round layoff in China and the company will have less than 200 employees left in the country, working mainly in the carrier business […]

Huawei's Middle East Revenue Up 18%

May 28th, 2013

An executive from Huawei revealed that during 2012, Huawei's operating revenue in the Middle East increased by 18% year-on-year to USD2.08 billion, with 4G network deployment and IT outsourcing as the main growth points. Shi Yaohong, president for Huawei Middle East, said in an email quoted in local media that the company believes the operators […]

What Time Is It? Shanda Will Soon Unveil Chinese Smart Watch

May 24th, 2013

It's ominous in China to give someone a timepiece as a gift, but that may soon be happening as a Chinese software company unveils a new smart watch. Nut Shell Electronics, a subsidiary of China's Shanda, announced that the company will launch several new products on June 17, 2013, including two second-generation Shanda smartphones, a […]

China's Qihoo 360 Revenue Up 58.6% In Q1 2013

May 23rd, 2013

Chinese Internet company Qihoo 360 published its unaudited financial report for the first quarter of 2013, stating that by March 31, the company's operating revenue was USD109.9 million, a year-on-year increase of 58.6%; however, its net profit was USD5.6 million, a year-on-year decrease of 60%. The company said the decrease of net profit was mainly […]

Sony Mobile Chinese Head Resigns

May 22nd, 2013

Magnus Ahlqvist, president for Sony Mobile Communications Greater China region, has reportedly resigned and the company is currently looking for his replacement. According to reports in Chinese local media, before finding a replacement, the role is temporarily manned by Zheng Shuren, vice president and head of the marketing unit. Ahlqvist, 39, started leading the Chinese […]

Heart of the Mediterranean at Radisson Blu Pudong Century Park

May 21st, 2013

China's Lenovo Will Launch Smartphone In Africa This Year

May 17th, 2013

Lenovo plans to launch its smartphone products in the African market before the end of 2013, and the Chinese company's smartphone debut will be in Nigeria. According to reports in Chinese local media, Graham Braum, general manager for Lenovo's Africa region, said that the reason for selecting Nigeria, instead of South Africa, as the first […]

Tencent Cuts Staff In North American Game Studio

May 16th, 2013

Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America. According to reports in Chinese local media, this layoff reportedly focused on the product department, which is the game studio of Tencent […]

Nokia China Appoints New General Manager

May 13th, 2013

Gustavo Eichelmann, general manager for Nokia China, will depart the company, and Erik Bertman will be the new general manager from June 1, 2013. According to comments made by an unnamed representative from Nokia China to local Chinese media, Eichelmann will return to Britain with his family in July for personal reasons. Bertman is a […]

Tencent Eyes Integrated Mobile Gaming Platform

May 10th, 2013

Ma Xiaoyi, vice president of Tencent, said during the Global Mobile Game Congress in Beijing this week that Tencent plans to launch an integrated mobile gaming platform, covering Tencent's major mobile applications and quality products developed by third-party mobile game developers. Ma said the development of Chinese game industry started in 2001 and the user […]

Letv.com Formally Launches Super TV In China

May 9th, 2013

Jia Yueting, chief executive officer of Letv.com, announced in Beijing that the company's super TV product named X60 is now officially launched and will be available for consumers in late June 2013. The new super TV product is manufactured by Foxconn. Running on a self-developed operating system called Letv UI, this product adopts Sharp's X-gen […]

China Telecom Lowers International Roaming Fees

May 8th, 2013

China Telecom has just lowered international roaming fees in the U.S., U.K., France, Germany, Australia, Japan, South Korea, Egypt, and South Africa. With the new policy, users will pay no more than CNY2.99 per minute for calling from these countries and regions to mainland China, or receiving calls in these countries and regions, representing an […]

China's Baidu Acquires PPS For USD370 Million

May 7th, 2013

Chinese search engine company Baidu Inc. has acquired PPS, an Internet video company, for USD370 million and it will integrate PPS with Iqiyi.com to provide better services to users. Tang Hesong, general manager for Baidu's enterprise development department, told local media that scale and mobility are the core strategic factors for the success of the […]

Taiwan's Hon Hai To Build New Plant In Indonesia

May 2nd, 2013

Taiwan's Hon Hai Precision Industry announced that it hopes to sign an agreement with the government of Indonesia this month, aiming to contact more clients in this Southeast Asian country and reduce dependence on Apple for original equipment manufacturer work. At present, about 60% to 70% of Foxconn's operating revenue is from manufacturing the iPhone […]

Alibaba Takes Weibo Stake From Sina.com

May 2nd, 2013

Chinese B2B e-commerce company Alibaba Group has inked a deal with Chinese Web portal Sina.com for a wide range of cooperation. The two companies will cooperate in the areas of user account connectivity, data exchange, online payment and online marketing, and will explore new business models for social commerce based on the interactions of the […]

Microsoft, ZTE Sign China-focused Android Patent Licensing Agreement

May 1st, 2013

Microsoft announced that it has reached patent licensing agreement with China's ZTE on Android and Chrome operating system patents. Microsoft will provide a patent portfolio to ZTE's smartphones, tablets, computers, and other devices run on Android and Chrome operating systems. ZTE is reportedly the first Chinese mainland company that signed an Android patent licensing agreement […]

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