Liu Hong, co-founder and chief operation officer of Letv.com, revealed to Chinese local media that Yuan Bin, former vice president of online video website Iqiyi.com, has joined the company as co-CTO.

Though already approved by the South Korean government, the merger and integration of MediaTek and MStar is still pending the approval of the Chinese government, according to reports in Taiwanese local media.

Chinese Internet video website Letv.com announced that it is working with Foxconn in the establishment of a joint venture for the production of super TVs and set-top boxes, which are expected to be formally launched in the third quarter of 2013.

Taiwanese OEM Foxconn may produce the first smartphone product for Vizio, an American LCD HDTV provider, in 2013.

South Korea's Samsung has announced plans to invest USD1.7 billion to expand the production capacity of its plant in Kunshan, Jiangsu province.

Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to support the development of TV applications.

In 2012, China's nationwide home appliances rural project subsidy scheme, excluding provinces and cities like Shandong, Henan, Sichuan, and Qingdao, achieved sales of 79.913 million units, a year-on-year increase of 22.6%; and the total sales value was CNY214.52 billion, a year-on-year increase of 18.8%.

Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.

Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.

Japanese electronic company Sharp has published its annual operating strategy for 2012, stating that it will cooperate with Taiwan's Hon Hai in 2013 for its entry into the Chinese smartphone market.

Chinese Internet video website Letv.com and Chinese telecom operator China Unicom have signed a strategic agreement for cooperation in basic communications, development of new products, and marketing.

Chinese Internet video website Youku.com has received its Internet Publication License issued by the General Administration of Press and Publication of China.

China Xinhua News Network Corporation, the Chinese state-owned television network owned by the Xinhua News Agency, announced that the restructuring and listing of the video assets of the Xinhua News Agency has been completed in Hong Kong, providing international capital market platform support to the development of the overseas television business of Xinhua News Agency.

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.

The Chinese electronics and information industry group Hisense has announced in Beijing that following the start of its strategic transformation to the intelligent product sector, the company has launched its first personal intelligent TV product named I-TV in China.