Taiwan Foxconn Technology Group has decided to build a new plant in Jundiai, an inland city in Sao Paulo, Brazil, for the assembly of Apple's iPad and iPhone products.

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.

Hewlett-Packard has announced that it has established a new information service center and the Chinese hub of its Best Shore global outsourcing service center in Suzhou, to provide customized information technology consulting and outsourcing services to its clients in eastern China.

Chinese business process outsourcing firm iSoftStone Holdings Limited has closed a round of undisclosed amount of financing from a collection of private equity and venture firms.

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 offshore development firm VanceInfo (VIT) has signed an agreement with Tianjin Economic-Technological Development Area for a training and delivery center.

Chongqing Municipal Information Bureau has signed a memorandum of understanding with Qingdao Xiangyu Information Technology Co., Ltd on jointly creating a software outsourcing base in southwest China targeted at South Korean companies.

Offshore software company Neusoft has opened another software park at the Dalian High-tech Industrial Zone to expand its operations and accelerate its globalization process.