Chinese digital media firm Focus Media Holding Limited has entered into a definitive share purchase agreement to sell to Silver Lake a 62% indirect equity ownership of its Internet subsidiary, Allyes Online Media Holdings Ltd and its consolidated subsidiaries and affiliates, for USD124 million.

Chinese electronics and home appliances retailer Gome and Japanese LCD screen maker Sharp have signed a strategic agreement in which Gome eyes sales of CNY6 billion Sharp LCD TVs from July 1 to the end of 2010.

Taiwan-based mobile phone maker HTC has brought new smartphone products under a new brand of HTC to the Chinese mainland market, aiming to become a top five smartphone vendor in this marketplace.

Beijing Computing Center and the Chinese server provider Dawning Information Industry Company Ltd. announced that they will work together to establish a cloud computing joint lab to meet the demands of small- and medium-sized enterprises in China.

Microsoft China and the Chinese technology company Hanvon have jointly announced that they will implement an in-depth cooperation in the tablet computer sector and will work together to develop new tablet computers for business use in China.

Cloud computing has received a boost as the southern Chinese city of Foshan initiates a new program to expand its own services.

Chinese online game developer and operator Shanda Games has launched a new outsourcing platform, and it started to accept qualification applications of outsourcing vendors from July 23, 2010.

The U.S. electronics products maker Apple has started the sales of its iPad tablet computers in Hong Kong.

Chinese online services company Sohu.com Inc. today reported unaudited financial results for the second quarter ended June 30, 2010.

Motorola has raised a lawsuit against the Chinese telecom equipment maker Huawei in the United States, accusing the Chinese company of trade secret theft.

According to statistics provided by China's Ministry of Industry and Information Technology, by the end of May 2010, the number of China's 3G users had reached 21.9 million, an increase of 8.642 million compared with the end of 2009.

British retail chain operator Tesco Plc recently announced that it established a partnership with Lenovo Group to develop a green IT project in China.

The trial operation of the convergence of the telecom, broadcasting, and the Internet networks in Beijing has now officially started.

Chinese telecom operator China Unicom has launched a new international roaming customer service hotline for its users who travel overseas.

Michel van der Bel, chief operating officer of Microsoft China, has revealed to the Chinese local media that due to policy limit in China, Microsoft's Xbox 360 video game console and the newly-developed Kinect controller-free gaming device will not be sold in the Chinese mainland market.