Chinese electronics-oriented B2C website 360buy.com has reached an acquisition agreement with Qianxun.com, a Korean-style apparel and accessories Internet shopping website.

During the recent "TD-SCDMA Innovation Festival", Lv Yan, CEO and president of Lenovo Mobile and chairman on duty of the TD-SCDMA Industry Alliance conference, announced that seven new members will join the alliance.

Korean telecom operator SK Telecom will invest CNY500 million in China to develop its B2C e-commerce website Qianxun.com.

Wu Yun, former CEO of the Chinese video website Ouou.com, has confirmed to Sohu.com that he has left Ouou.com and become CEO of Cyworld, a wholly-owned subsidiary of the Korea-based SK Telecom.

Hong Kong's Office of the Telecommunications Authority announced that PCCW-HKT Telephone Limited has launched CDMA2000 mobile service in Hong Kong.

According to telecommunications management departments, the Ministry of Industry and Information Technology of China plans to start a mobile phone number portability trial in Tianjin and Shenzhen from October 2008.

After the price for acquiring China Unicom's (CHU) CDMA network was published, China Telecom's (CHA) introduction of strategic investors has become a focus of the market.

South Korean telecom operator SK Telecom announced on Tuesday that it would invest US$1 billion to jointly build a digital content and design center in China with several of its partner and subsidiary companies.

Though it has not reached a final agreement with China Unicom (CHU) on the price of acquiring the latter's CDMA network, China Telecom (CHA) has already begun to make arrangements for the operation of the network.

Following the earthquake in Sichuan, a number of foreign telecom operators have lent a hand for China's disaster relief by either donating money or offering other services.

South Korea telecom company SK Telecom has announced plans to invest US$30 million in Chinese computer game developer Qu Wei Di Yi and therefore enter the Chinese online game sector.

Chinese website enet.com.com reports that SK Telecom, the largest telecom operator in South Korea, is negotiating with China Telecom (CHA) on establishing a joint venture for CDMA services.

CDC Corporation's (CHINA) subsidiary CDC Games has licensed "Digimon RPG" and "Digimon RPG2" from SK Telecom for distribution in China and North America.