Weida Communications, Inc. said it completed a series of contractual arrangements resulting in its acquisition of effective management control and 51% profit-sharing interest in Guangzhou Weida Communications Co., Ltd.

Efforts by Western telecom equipment manufacturers to break into the potentially lucrative Chinese market are actually helping upstart competitors in China to make their own significant inroads into Western markets, according to two major new studies released today by Heavy Reading, the market research division of Light Reading Inc.

Cadence Design Systems, Inc. (Nasdaq:CDN) and the Shanghai Research Center For Integrated Circuit Design (ICC), China's first national integrated circuit (IC) design industrialization base founded by China's Ministry of Science and Technology, today announced the availability of the ICC-Cadence CPU/digital signal processing (DSP) system-on-chip (SoC) reference methodology.

Linktone Ltd., a provider of wireless value-added services, today announced that it has extended and effected several changes in its lock-up arrangements with its major shareholders.

During the International Cartoon Image Forum held on August 25, Mr. Hu Zhanfan, deputy director of the State Administration of Radio, Film and Television, said that foreign capital will be taken for the animated picture industry under the premises that the majority of shares of an animation enterprise are still controlled by the domestic fund [...]

Mr. Wang Liping, director of the HR Department of Zhongguancun Management Commission, has gone on record as saying that the Zhongguancun market is currently the fastest changing market in China, and although there is a fund support system in place, it is insufficient to serve all the enterprises there.

A representative from the National Copyright Administration of China disclosed recently that China has gradually been setting up a relatively complete set of principles for modern copyright protection which is fitting not only for China's own socialism economic development, but also accords to the international copyright rules.

By Perry Wu
What's the first thing you think when you hear "Chinadotcom" (Nasdaq: China)? If you knew nothing about the company before, you might assume it was an Internet portal focused on China. But you'd be wrong. This company is much more than that. And that is the problem.

The local media are reporting that Skyworth Group has said it will work cloesly with printing giant Epson in the high-end back projection industry, with the details of their cooperative effort to be publicized in Beijing on September 2.

Transmeta Corporation (Nasdaq:TMTA), and Amoi Electronics Co., Ltd., a Chinese electronics manufacturer, have announced the availability of the Amoi NBPC V3 notebook powered by the Transmeta Efficeon processor.

According to an academic at CAS, China's policy to protect the China-made software will not change.

Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, has asked China's radio, film and television industry to make full use of new and high technology, including digital technology and Internet technology, in their development.

According to the local press, Hong Kong PCCW Limited is in an advanced stage of discussions with China Network Communications Group Corporation (China Netcom) regarding strategic and business opportunities.

Officials are saying that the Chinese mainland will set up an examination centre in Hong Kong for local IT professionals to take the national computer and software technology qualification examination.

Global Sources Ltd. today released its Consumer Electronics Outlook: China annual report which indicates strong growth in the consumer electronics industry and that manufacturers are shifting output to high-end products as they move away from price-based competition.