European electronics manufacturing services firm Elcoteq SE has decided to launch an intense global restructuring plan that will see one of its China facilities close.

The Chinese software provider Kingsoft has confirmed that the company has acquired a full, new office building in Beijing for CNY175 million and the company will move to its new office in March 2009.

Two of China's biggest Internet travel service providers are using enhanced systems for their respective users to comment on hotels booked through them, and they are rating the hotels based on these comments.

Chinese telecommunications equipment maker Huawei Technologies has announced that the company has won a contract from TeliaSonera, one of the largest telecommunications operators in the Nordic and Baltic regions, to deploy the world's first LTE commercial network in Oslo, the capital of Norway.

Chinese electronics maker Sichuan Changhong Electric has published a report stating that IBM (IBM) China has acquired a 1.56% stake in Sichuan Changhong for CNY108 million.

Chinese electronics retailer Gome Electrical Appliance has published a report that Huang Guangyu has resigned his positions as director and chairman of the board of Gome, replaced by Gome's current executive president Chen Xiao.

According to a representative from Nortel (NT) China, the bankruptcy protection announced by Nortel last week will not affect the formal operation of its subsidiary in China.

Chinese software provider Kingsoft has confirmed that the company is seeking to change its name.

According to Zhang Yijun, director for the Technology and Digital Publishing Division of the General Administration of Press and Publication of China, China's online game anti-addiction work has been progressing smoothly and a real name certification system will be launched soon.

Chinese Internet payment platform Yeepay.com says starting at 16:20 on January 14, 2009, the company's official website experienced large-scale hacker attacks.

The situation has been less than perfect in recent days at Chinese online game company Perfect World (PWRD) as it now fights rumors that its CEO is planning to depart the company.

According to the order previously issued by China's Ministry of Industry and Information Technology, starting from January 15, 2009, Chinese telecommunications operators have implemented unified prices for the short message service, no matter if the message is sent within the network of a single operator or sent across networks of different operators.

Chinese telecommunications equipment maker Huawei has delivered the CDMA networks in 30 major Chinese cities, including Guangzhou, Shenzhen, Xi'an, Suzhou, Ningbo, Tianjin and Urumqi, to China Telecom.

Shandong-based retailer Sanlian Group has sued several companies, including the Chinese electronics retail giant Gome, for the illegal acquisition of 27 million shares in Sanlian Group's Sanlian Commerce subsidiary and has asked the court to announce the purchase as invalid, as well as seeking CNY50 million compensation from these companies.

Mobile Payments & NFC World Summit 2009 will be held on 1 to 3 April 2009 in Kuala Lumpur, Malaysia to discuss on winning strategies to profit from Mobile Payments services.
Singapore (January 15, 2009) /ChinaNewswire.com/ — Mobile Payments & NFC World Summit 2009 will be held on 1 to 3 April 2009 in Kuala [...]