Aiming to improve business efficiency and reduce costs, the Finnish communications corporation Nokia will relocate its Asia Pacific headquarters from Singapore to Beijing.

Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013.

Apple Inc. has announced that it plans to start selling iPad 2, the second-generation of its tablet computer product, in 25 countries and regions from March 25, 2011, and the new product will be available in Hong Kong from April.

Vincent Tong, spokesperson of the Taiwan-based original equipment manufacturer Foxconn, has confirmed to the media that to ease the pressure brought by labor cost increases, the company will relocate its major production lines from Shenzhen to Langfang in Hebei.

The Finnish mobile phone maker Nokia has announced that it will expand its sales network for extended warranty service in China and will offer an additional warranty period of 12 months to Chinese users.

In a cooperation between China Radio International and Radio86, the first official websites using Estonian and Lithuanian languages in China have been officially launched in Beijing.

Chinese outsourcing giant Neusoft Corporation has announced that it has signed an agreement with the Finnish software company Sesca Group to acquire 100% stakes in its three subsidiaries for about EUR12 million.

Chinese telecom equipment maker Huawei Technologies has signed a cooperative agreement with the Finnish telecom giant TeliaSonera to deploy Europe's first SingleRan commercial network based on the software defined radio technology in the northern area of the country.

Mobile phone giant Nokia has announced plans to cut 1700 jobs globally and the company's operation in China may also be affected.

Chinese companies seeking support on mobile and embedded 3D systems have a new company to rely on as Finland-based Futuremark Corporation has opened operations in Shanghai.

Chairman of China Mobile Wang Jianzhou says that the company will sign a TD-CDMA purchase contract with Nokia to make the Finnish firm its supplier of dual-band handsets compatible of connecting to both GSM and TD-SCDMA networks.