Chinese software provider UFIDA Software Company Limited has published a report stating that its net profit for 2011 is expected to increase by between 40% and 80% year-on-year.

Chinese electronics and home appliances retailer Suning has published a report, stating that the company's net profit for 2011 will realize a year-on-year increase of between 20% and 25%, and it plans to open over 400 new chain stores in 2012.

Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.

Perfect World Company Limited, an online game developer and operator in China, has formed a new joint venture with Nexon Korea Corporation, a global online entertainment company and publisher of micro-transaction-based massively multiplayer online games, to manage and operate online games in South Korea.

With a 13.5% global share, the Chinese PC maker Lenovo became the world's second largest PC maker for the first time, exceeding Dell, according to the PC shipment report for the third quarter of 2011 released by the market research firm Gartner.

Chinese security software provider Rising has started selling its security software for Android smartphones in Japan at the price of JPY2,980, which is about CNY247, and it plans to team with local mobile phone makers for market expansion in the future.

SAP has announced plans to hire hundreds of new employees in China and India over the next few quarters to accelerate its expansion in Asia.

Chinese home appliances and electronics retailer Suning has announced its results for the first half of 2011.

According to reports in Japanese local media, Haier Group will acquire Sanyo's white goods business from Panasonic.

Taiwanese computer company Compal has announced that it acquired Toshiba's LCD TV assembly plant in Mexico and the asset transition is expected to be completed in the third quarter of 2011.

Chinese Internet search engine company Baidu Inc. and Japanese communications giant NTT DoCoMo have established a joint venture in Japan.

Chinese home appliances and electronics retailer Suning has announced plans to buy 179 million additional shares from Laox, Suning's subsidiary in Japan, at the price of JPY35 per share.

Chinese home appliances and electronics retailer Suning has published a new ten-year strategic plan, stating that it plans to open 200 new stores annually in the next ten years and will start exploring the Southeast Asian, European, and American markets from 2014.

Mitsubishi Electric Corporation has signed a deal with China's QiMing Information Technology Company Ltd. to establish a joint-venture company to develop, manufacture and sell car multimedia products in China.

HP has announced the appointment of Steve Gill as managing director and vice president of global sales for China HP, effective July 1, 2011.