Based on the sales revenue of the information industry in 2005, the Ministry of Information Industry (MII) estimates that this year the country's technology sales revenue will increase by 20% compared with the same period of last year.

After investing over 1 billion in WCDMA, UTStarcom (UTSI) might have to give up the standard with the Ministry of Information Industry (MII) announcing TD-SCDMA as the national standard.

South Korean mobile phone manufacturer Samsung has invested a total of US$197 million in Tianjin since the beginning of this year to build its largest overseas mobile phone production and development base.

Police in Beijing's Haidian District have detained two college students who were found to have stolen virtual game cards worth more than CNY700,000 from Netease.

By Perry Wu On February 6, Chinese mobile service provider Linktone (LTON) dropped its financial expectations for its fourth quarter GAAP net income for the last period in 2005. Then last week, the company's CEO Raymond Yang resigned, ending a rollercoaster tenure. And with yesterday's poor earning announcement, we now know why he left.

Chinese wireless value-added service company Hurray (HRAY) showed a quarter-over-quarter decline of 2.9% in total revenues in its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2005.

The Industrial and Commercial Department of Beijing's Chaoyang District has closed down five online shopping websites that were involved in in illegal operations.

Shanda's (SNDA) financial results for the fourth quarter and full year ended December 31, 2005 show quarterly net revenues decreased 16.3% year-over-year and 27.8% quarter-over-quarter to CNY360.5 million.

China's State Council plans to soon enact ten complementary clauses to facilitate the implementation of the "State's Long-Term Science and Technology Development Outline (2006-2020)".

KongZhong's (KONG) unaudited fourth quarter 2005 and fiscal year 2005 financial results show the company's quarterly total revenues grew 34% year-over-year and 9% sequentially to a new record of US$22.14 million.

Following Toshiba and Panasonic, another Japanese company Mitsubishi has now given up its mobile phone business in the Chinese market.

In order to better organize Internet domain names, there are now three top-level Chinese domain names under the .CN country indicator.

Ninetowns (NINE), which streamlines the import/export process in China through its scalable enterprise platform products, today announced its financial results for the fourth quarter and full year ended December 31, 2005.

TOM Online (TOMO) has signed a strategic cooperation agreement with Ourgame, one of China's largest online casual game operators.

Rumors are swirling that Edward Tian, CEO of China Netcom (CN), plans to leave the company to head a new venture fund.