By Perry Wu
With the release of Sohu.com's (SOHU) second quarter numbers this past week, the company's winding path on the road to mediocrity is complete. Gone are the days when Sohu would report increases of 50%, 70%, or 100% on quarter over quarter of revenues. From the tone of Sohu's conference call held this past week, Sohu seems content that its quarter over quarter revenue increase for the current quarter was a mere 9%, not even double digits.

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Beijing Telecom has commissioned Siemens (SI) to install and deliver its Next Generation Networks solution Surpass.

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Local media reports over the next five years China's government agencies plan to invest 15 billion yuan to develop 100 kinds of online games.

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Sohu.com (SOHU) announced that it was notified by China Mobile Communication Corporation ("CMCC") that its multimedia messaging services ("MMS") with CMCC, will be resumed effective August 1, 2005, one month before the one year suspension would have been lifted.

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Semiconductor Manufacturing International Corporation (SMI) has announced its consolidated results of operations for the three months ended June 30, 2005. Sales increased 12.3% in the second quarter of 2005 to $279.5 million from $248.8 million in the prior quarter.

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The Beijing Municipal Administration of Industry and Commerce and the Beijing Communications Management Bureau together yesterday organized a public hearing to discuss the telecom network access contracts that consumers sign when buying various telecom services.

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Ericsson (ERICY) has signed a frame agreement with Chinese operator Guangxi Mobile Communications Company Limited or the Phase 10 GSM Expansion in 2005. The total value of the agreement is estimated to be USD 62 million.

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KongZhong (KONG) has appointed JP Gan as Chief Financial Officer, effective immediately. Gan succeeds Nick Yang, the acting Chief Financial Officer, who continues to serve as the Company's President and Chief Technology Officer.

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Unaudited revenues for Sohu.com's (SOHU) the second quarter ended June 30, 2005 totaled US$25.9 million, compared to revenues of US$23.7 million for the first quarter ended March 31, 2005, and US$27.3 million for the second quarter ended June 30, 2004.

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RMB3999 has been the lowest mainland Chinese price for laptop computers since Xinlan launched its RMB3999 laptop computer at the beginning of 2005. But this price has now been undercut by Shenzhou.

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99Bill as signed a deal with Baidu to provide 99Bill's online payment platform to support Baidu's search engine services such as "Pay for Performance" and "Movie Search."

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Unisys (UIS) will be providing the Bank of China Limited with a new voucher imaging system to help the bank better manage its document processing.

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Taiwan's TSMC's (TSM) newly announced revenue and net income for the quarter ended June 30, 2005, show revenue reached NT$58.52 billion.

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AsiaInfo (ASIA) has announced second quarter results for the period ended June 30, 2005. The company's second quarter net revenue met guidance, growing 49% year-over-year.

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The9 (NCTY) announced that its Board of Directors has appointed two new independent non-executive directors to the board, Messrs. Davin Mackenzie and K.K. Yeung.

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