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Metro Will Open Electronics Retail Store In China
March 31, 2009Dr. Eckhard Cordes, CEO of the German business group Metro, has announced that the company will introduce Media Markt, an electronics store brand operated by Metro Group, into the Chinese market in 2010.
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Changhong To Invest CNY150 Million For Internet TV Expansion
March 30, 2009Sichuan-based electronics manufacturer Changhong has announced plans to invest CNY150 million to establish an Internet content platform named Lejiao Web.
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European Tour Adds To Huawei's Gains
March 23, 2009Germany's Infineon Technologies AG has signed a letter of intent for a framework purchase agreement amounting to USD68 million with China's Huawei Technologies.
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Electronics Buyers In Hong Kong Now Have Better Protection
March 2, 2009A new law becomes effective today in Hong Kong that can help stop dishonest retail practices and better protect the interests of consumers.
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Yao To Hold Concurrent Post As GM Of BenQ Taiwan
February 3, 2009Taiwan-based consumer electronics, computing and communications devices provider BenQ has announced that Hong Hanqing, BenQ's general manager for the mainland China marketing headquarters and Taiwan, will now strictly focus on the Chinese mainland market, and the position of general manager of BenQ Taiwan will be concurrently held by BenQ's vice general manager for Asia Pacific, [...]
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Qigi Inks Smartphone Deal With China TechFaith
January 27, 2009China TechFaith (CNTF) and Qigi, a Chinese smartphone brand, will launch four new high-end smartphones for China Telecom and China Unicom customers in the second quarter of 2009.
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Samsung To Pay CNY50 Million For Patent Infringement In China
December 23, 2008According to the decision announced by the Intermediate People's Court of Hangzhou, the Korean electronics maker Samsung has been ordered to pay CNY50 million compensation to the Zhejiang-based Holley Communications for infringing the patent of Holley's GSM/CDMA dual-mode handsets.
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Acorn Announces Acquisition Plans For Chinese Communication Equipment Distributor
November 26, 2008Struggling Chinese television shopping and direct sales company Acorn International (ATV) has entered into a binding term sheet to acquire Yiyang Yukang Communication Equipment Company Limited, a Chinese communications equipment producer and distributor in China.
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Investments In China's IT Industry Over CNY172.59 Billion In The First Nine Months
November 4, 2008According to a report on investments in China's high-tech industry in the first nine months of 2008 released by the High Technology Industry Department of the National Development and Reform Commission of China, by September 30, 2008, about CNY153.37 billion has been invested in China's electronics and communication equipment manufacturing industry and the investments in [...]
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Earthquake Impact: Changhong Reports 90.61% Net Profit Decline In H1 2008
September 2, 2008Sichuan Changhong has released its financial report for the first half of 2008, which says because of the May 12 earthquake in Sichuan Province, the company's net profit decreased by 90.61% compared with the same period of 2007.
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Grabbing Olympic Tech Gadgets In China
August 6, 2008By ChinaTechNews.com Editorial Team So you are arriving for the glorious Olympics in China, factory of the world's electronics, and you want to take a bit of this technology home with you? We've compiled a list of some of the interesting tech gadgets you must buy in China.
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Electronics Product Distribution Agreement Benefits Juda Group
July 29, 2008Chinese electronics retailer China 3C Group has signed a product distribution agreement with Juda Group, a Chinese consumer electronics goods manufacturer.
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The Green Apple Jumps The Great Wall
July 21, 2008By ChinaTechNews.com Editorial Team Apple (AAPL) has arrived in China — about fifteen years too late but still with enough time to do some damage to both the stranglehold Microsoft (MSFT) has on the Middle Kingdom's computing market and to make a dent in the mobile handset sphere.
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Suning Approved To Issue Stock, Will Open 250 New Stores
May 12, 2008Chinese electronics retailer Suning says it has been approved by Chinese Securities Regulatory Commission to issue a non-public offering of no more than 73 million shares and the funds raised will be used to develop 250 chain stores and the construction of Shenyang Logistics Center, Wuhan Zhongnan Flagship Store and Shanghai Putong Flagship Store.
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