Chinese electronics and home appliances retailer Suning has published a report, stating that the company's net profit for 2011 will realize a year-on-year increase of between 20% and 25%, and it plans to open over 400 new chain stores in 2012.

Taiwan-based Hon Hai Precision Industry Company is rumored to be planning to invest JPY100 billion, which is about USD1.2 billion, in Hitachi Displays Ltd., an LCD screen maker jointly owned by Japan's Hitachi Ltd. and Canon Inc.

Chinese government departments have jointly issued a notice about key software enterprises included in China's national planning layout for 2009, stating that these enterprises can pay their corporate income tax at the preferential rate of 10%.

According to Howard Ozawa, president and CEO of Canon China, the Chinese company has become the core for Canon's global deployment and the group has launched a new strategy to complete its product coverage in the country in a short period.

Canon China has published a document via Zhejiang Provincial Consumers' Right Protection Commission, offering solutions to consumers in Zhejiang Province who have purchased the 19 types of problematic Canon cameras, but the company's behavior has caused consternation among consumers from other Chinese provinces who criticize Canon for discriminating against them by not providing them a [...]

A survey targeted at 52 Japanese companies operating in China shows that two-thirds of these companies are respected by less than 10% of the respondents.