William Ding, founder of the Chinese Internet portal NetEase, says the company will invest at last CNY10 million to set up a pig farm in Zhejiang province and establish a website to connect the Internet industry with agricultural pursuits.

Chinese electronics retailer Suning has announced that it has signed an exclusive cooperative agreement with the world's leading home appliances maker Electrolux.

China Mobile Pakistan has announced that the company will invest USD500 million in constructions of networks and infrastructures in Pakistan this year to help its "Zong" brand in the country.

China Mobile, one of the world's largest mobile communications operators, has just published its corporate social responsibility report for 2008.

China Unicom's Shanghai branch has gained 100,000 mobile phone numbers with the 186 prefix for its WCDMA business due to open commercially on May 17, 2009.

China Telecom has signed contracts with seven mobile phone makers to purchase 3G CDMA2000 EVDO mobile phones from these companies, and Samsung has come out on top.

Korean telecom operator SK Telecom will invest CNY500 million in China to develop its B2C e-commerce website Qianxun.com.

China Techfaith has announced the launch of nine new mobile phones designed specifically for China's 3G network.

Even though it already declared bankruptcy in Canada, Nortel is still working hard on expanding its business within China, and the company just unveiled details of its LTE TDD 4G tests.

Chinese electronics retailer Five Star Appliance, a majority owned subsidiary of U.S.-based Best Buy, has restructured its scope of operations by switching to a wholly foreign-owned company business license.

Chi Mei Group, the Taiwan-based LCD panel manufacturer, has announced that it made net losses of USD923 million in the fourth quarter of 2008, which is the greatest quarterly loss of an individual company in the history of the panel industry.

Taiwan-based PC maker Asus has published its financial report for the fourth quarter of 2008, stating it made losses of NTD2.798 billion — the first loss since the founding of the company 19 years ago.

Huawei Technologies has announced that it is cooperating with Intel to build a WiMAX interoperability testing laboratory in Beijing.

According to Gao Jiqun, general manager for Gome Guangzhou, to ensure stable development and profits, Gome Guangzhou will focus on closing poorly managed electronics stores in 2009.

According to an insider from the Chinese Internet application technology and service provider Zhongsou.com, the company has signed a cooperative agreement with Apabi.cn, a subsidiary of the Founder Group, to set up a joint venture.