Taiwanese smartphone maker HTC has published its financial report for the fourth quarter of 2011, stating that its net profit decreased by 25.5% year-over-year during the reporting period.

Foxconn, the original equipment manufacturer for Apple products, is reportedly expanding its manufacturing capacity in 2012, aiming to increase production for iPhones and iPads to meet the ever-growing market demand.

The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service.

Semiconductor Manufacturing International Corporation, a leading semiconductor foundry in mainland China, has announced its financial report for the third quarter of 2011, stating that it made net loss of CNY88.1 million during the reporting period.

Taipei has now reportedly opened free-of-charge Wi-Fi services, and the number of users has already reached 1.8 million.

Chinese mainland PC maker Lenovo Group and Taiwanese laptop OEM Compal have signed an agreement to set up a joint venture for computer manufacturing in Hefei, capital of Anhui province.

Taiwan's Fair Trade Commission has approved Acer's acquisition of iGware, a U.S. cloud computing technology company, and said the acquisition only has slight influence on the Taiwanese cloud computing software service market.

Taiwanese smartphone maker HTC has announced that it will acquire a 51% stake in Beats Electronics, a U.S. high-end headphones and speakers maker, for about USD300 million.

Taiwan's Chunghwa Telecom and Chinese mainland's China Telecom will cooperate in the launch of Wi-Fi mobile Internet roaming service.

Taiwanese mobile phones and devices designer HTC Corporation has announced that it has promoted Jason Mackenzie, HTC's president for North America and Latin America, to the newly-created position of president for global sales and marketing.

Taiwan-based Acer plans to acquire U.S.-based iGware for USD320M plus another USD75M for performance-based earn-out.

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.

Taiwan's Hon Hai Precision Industry has published its operating results for June 2011, stating that its operating revenue during the month reached NTD228.4 billion, which was about USD7.93 billion, a new height over the past six months.

Chinese Internet video company Letv.com has announced that it will invest about CNY6.3 million to set up wholly-owned subsidiaries in Hong Kong and Taiwan to expand the overseas market and improve its visibility.