Are Apple's iPhones too expensive for average Chinese consumers or do consumers dislike Apple's devices because the phones lack the …

Asus announced personnel and organizational changes and promoted former global vice presidents Xu Xianyue and Hu Shubin as chief operating officers of the group. Along with the group's existing COO Chen Yanzheng, Xu and Hu will report to Asus' chief executive officer Jerry Shen, according to reports in Taiwanese local media. Apart from the executive […]

China's Lenovo published its unaudited performance for the second financial quarter ended September 30, 2015, stating that the group's revenue increased by 16% year-on-year to USD12.2 billion, which included the details of SystemX and Motorola for the entire quarter. Meanwhile, the group reported one-time costs of USD923 million, including USD599 million for restructuring and USD324 […]

Chinese taxi-hailing app group Didi Kuaidi announced a deal with bus manufacturer Yutong to create bus-related smart technologies. With the cooperation, Didi Kuaidi will recommend their automobile leasing partners to choose new energy products made by Yutong. Meanwhile, Yutong will provide an express bus purchase channel for those companies. Financial terms of the deal were […]

Similar to the Chinese government, which considers dissemination of seemingly innocuous data as capital crimes, Apple also strives to keep a tight lid on its new product statistics to help control its stock price and manage investor expectations. So recent data published by a Chinese third-party mobile data service platform called TalkingData claims to have […]

The Vietnamese government is canceling plans for Taiwan-based Foxconn to manufacture mobile phones in the country. An official from the government of Vietnam revealed that their related department has cancelled the investment license issued to Foxconn Group for the construction of a USD200 million mobile phone plant in Vietnam. Nguyen Tien Hanh, head of investment […]

Qualcomm is enhancing its relationship with Chinese businesses by launching a new unit to help Chinese smartphone manufacturers sell products in overseas markets. About half of Qualcomm's revenue is reportedly from Chinese clients; however, the company still faces a series of challenges in the country. Prior to this, Qualcomm was punished for having monopoly in […]

Due to the fast sales of Apple's new products, Hon Hai achieved combined operating revenue of NTD468.999 billion, which was about CNY94 billion, in October 2014, representing a year-on-year increase of 22.58% and an increase of 12.9% compared with September 2014. Hon Hai revealed that its combined operating revenue in October 2014 was the second […]

Alibaba Group's chairman Jack Ma and Apple's chief executive officer Tim Cook jointly announced last week that Alibaba and Apple will work together on payment services. Apple Pay plans to enter the Chinese market via Alipay and become a payment method for Chinese Apple users. But more importantly, Apple will help Alipay to expand into […]

Taiwanese mobile phone chip manufacturer MediaTek saw a performance decline in September 2014, yet achieved a record-high quarterly revenue uptick. The company's overall operating revenue was NTD57.472 billion, which was about CNY11.6 billion, in the third quarter of 2014, representing record-high quarterly revenue for the history of the company. The company's latest performance report showed […]

Xiaomi took a 14% market share in China during the second quarter of 2014, overtaking Samsung in volume during the period. According to a report from Canalys, Xiaomi had 240% year-on-year growth. Xiaomi joined Chinese phone brands Lenovo, Yulong, Huawei, BBK, ZTE, OPPO and K-Touch, to account for a total of 70.7 million units and […]

Qualcomm plans to sell its first batch of smartphone chips customized for the Chinese market later this year. David Tokunaga, Qualcomm's senior director for product management, said at Computex Taipei that Qualcomm's three types of chip sets, which were launched in February 2014, will be first applied to Chinese mobile phones. Tokunaga also said that […]

Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China. Lotte.com and the Lotte duty free […]

Chinese e-commerce website JD.com and top smartphone maker Coolpad announced that the two parties have reached a strategic cooperation agreement and signed a CNY10 billion procurement contract. Li Bin, executive vice president of Coolpad, said that the company previously sought opportunities to sell more directly to the Internet sector and tried the pre-sale model by […]

Lenovo Group is aiming at growth in central China with a new research and development base in Wuhan. Lenovo opened the state-of-the-art research, development, sales operations and production facility for smartphone and tablet products last week. The 200,000 square-meter facility has production lines, as well as sales operations and an R&D center that expands Lenovo's […]

Shanghai, China, November 16, 2013 /ChinaNewswire.com – Xinwengao.com/ – Vistra, the fast growing global independent trust and fiduciary firm, announced today the acquisition of ICSME’s corporate services division. Founded in 2007, ICSME is a privately held full-service turnkey market entry service provider for international companies entering the Chinese market. The acquisition of ICSME’s corporate services … >>>

This press release has been syndicated from China Newswire – Social Media Content Marketing Press Releases For China

China's Internet consumption maintained rapid growth and the 3,000 retail enterprises monitored by China's Ministry of Commerce realized a year-on-year increase of 34.7% in the Internet sales sector from January to September 2013. Mofcom predicted that during the first three quarters of 2013, the Internet consumer retail sales would reach CNY1.3 trillion, which is equal […]

From January to June 2013, China exported 527 million mobile phone units, a year-on-year increase of 15.2%; and the related export value was USD41.55 billion, a year-on-year increase of 16%. According to statistics provided by Ministry of Industry and Information Technology of China, during the first half of 2013 China's mobile phone output and export […]

Hon Hai Precision Industry announced that it has established a research and development center in Japan to focus on display screens and touch panels. As a part of its diversification strategy, Hon Hai is reportedly expanding its businesses outside the OEM sector. The company has continued to invest in the display screen sector; in 2012, […]

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 […]