China-based ZTE Corporation has responded to a lawsuit and accusations in Europe from rival Chinese technology firm Huawei over patent infringement.

Chinese telecom equipment maker Huawei has signed a strategic partnership agreement with Italy's Fastweb to jointly build next-generation ultrafast broadband networks and research advanced technologies.

Chinese telecom equipment maker Huawei announced plans to double the number of its employees in Europe in the next few years, and the company will build a new smartphone research and development center in Finland.

Lenovo Group's wholly-owned subsidiary Lenovo Germany will buy all 8.874 million option shares of Medion AG at the price of EUR13 per share from Gerd Brachmann, a major Medion shareholder.

Chinese telecom operator China Telecom held the grand opening ceremony of its new subsidiary, China Telecom Global Limited, in Hong Kong.

U.S.-based Best Buy has had a difficult time promoting its electronics retail brand in China, and now the company is trying a new business strategy. The strategy was just unveiled in Nanjing, Jiangsu province: the company stated that it will return to the Chinese market via its Best Buy Mobile brand.

American e-commerce group Amazon has officially located its Asia-Pacific headquarters in the Chaoyang District of Beijing.

UCWeb, a leading provider of mobile Internet software technology and browser services in China, plans to establish its operating platform in America in 2012.

Yu Chengdong, chairman for Huawei Device, said that the company is planning to ship 60 million smartphones in 2012.

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.