Acer China has recently completed its structure adjustment and the company dropped the former business department for the Founder PC brand.

Chinese technology company Founder Technology has published its last semi-annual financial report before transferring its PC business to Acer.

Following the signing of a memorandum of understanding in Beijing in May 2010, the Chinese mainland Founder Group and the Taiwanese Acer have jointly announced that they will implement further cooperation in the PC business sector.

According to Fang Zhonghua, senior vice president of Founder Group, the company is currently promoting the establishment of the format standards and the copyright pricing standards for Chinese e-books.

Shanda Interactive Entertainment has set up a new subsidiary, Guoke Electronics, to be in charge of the research and development of its new e-book product "Bambook".

Can you believe it's already been 10 years!? ChinaTechNews.com, and its previous incarnations of China Internet Forum and China Internet Update, started in 1999 and burst out onto the scene in a big way in 2000 — we have witnessed the entire decade of technology tribulations and techno-fads in China!

According to reports in local media, 18 co-founders of Chinese B2B e-commerce company Alibaba Group will resign their respective positions to become managing partners of this company.

Chinese hi-tech enterprise Founder Technology has published its semi-annual financial report for 2009, which states its net profit decreased by 31% year-on-year to CNY62.78 million.

China's Ministry of Industry and Information Technology has published the list of the top 100 Chinese electronic information enterprises in 2009, with the telecom equipment maker Huawei topping the list with annual revenue of CNY122.7 billion.

International book publisher Penguin is laying groundwork for competing in the nascent Chinese e-book market with a deal signed with Beijing-based Founder Apabi Group.

Chinese telecommunications operator China Mobile has selected six PC makers, including Lenovo Group, Founder Technology, Tongfang, Haier, HP, and Dell, as its 3G netbook partners.

China has published the list of the designated computer brands in its subsidy scheme for rural assistance, in which, seven PC makers, including Asus and BenQ, are unfortunately not included.

Founder Technology has published a notice stating Ma Zheng, past general manager for Lenovo's (LNVGY) digital peripherals, has now hopped to rival Founder Technology and will be the company's vice president responsible for the notebook customer group.

According to an internal email from Founder Technology, the company has appointed Cong Youjiang and Ye Ping as new vice chairmen.

The Shanghai-listed Beijing UFIDA Software has acquired a 100% stake in Beijing Founder Chunyuan Technology Development Company a financial information software company, for CNY380 million in cash.