China Telecom is reportedly inking a deal with Britain's Everything Everywhere to launch mobile services in the country.

Li Wang, executive vice president of the Chinese mobile phone brand Coolpad, revealed that the company plans to completely stop manufacturing mobile phones and non-smartphone devices in 2012.

Chinese software provider Ufida has created a joint venture with Atos, the European information technology service company.

Chinese telecom equipment maker Huawei and Deutsche Telekom have signed a strategic cooperation memorandum of understanding to jointly expand services within the enterprise business market.

Finnish mobile phone maker Nokia has announced that during the second quarter of 2011, the company's shipments in China decreased by over 50% compared with the previous quarter and its operating losses reached EUR487 million.

VanceInfo Technologies Inc., an IT service provider and one of the leading offshore software development companies in China, has announced that it has acquired a 100% stake in the main operating subsidiary of LW International Holdings Limited.

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Munich-headquartered Wirecard AG and the Chinese third-party Internet payment platform Alipay.com have signed a cooperation agreement to provide fast and secure payment services to Internet users.

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Chinese telecom operator China Unicom has announced the official opening of its new subsidiary in Singapore.

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The European Union has launched anti-dumping investigation against Chinese-made wireless wide area networking modems.

Japanese electronics giant Sony Corporation is recalling 55,362 VPCF11 series and VPCCW2 series laptop computers under its Vaio brand in mainland China due to overheating problems, the country's quality watchdog said last week.

According to reports in foreign media, BSNL, the state-owned telecom operator in India, has banned the Chinese telecom equipment makers Huawei and ZTE from the bidding for the GSM projects in the northern and eastern zones in India.

According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from the overseas markets will account for 20% of its total revenue in the next two years.