Vincent Tong, spokesperson of the Taiwan-based original equipment manufacturer Foxconn, has confirmed to the media that to ease the pressure brought by labor cost increases, the company will relocate its major production lines from Shenzhen to Langfang in Hebei.

Hong Kong's Office of the Telecommunications Authority reports that a study released by the Asia Pacific Carriers' Coalition shows Hong Kong provides the most economical local broadband access services in the Asia Pacific region.

According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from the overseas markets will account for 20% of its total revenue in the next two years.

Chinese software and online game provider Kingsoft has published its annual financial report for 2009, stating that its total operating revenue for 2009 increased by 25% year-on-year to CNY1.022 billion, including 67% contributed by the online game business and 32% from software.

Hutchison Telecommunications International has announced that its parent company Hutchison Whampoa, the Hong Kong-headquartered innovation and technology corporation, plans to acquire additional shares of the company from minority shareholders to enhance its control over the subsidiary.

Chinese online game company Linekong Entertainment Technology has announced that it has signed an online game export agreement with FPT Online, a Vietnamese online game operator, to authorize the latter to operator its online game product "Journey to the West" in Vietnam.

Chinese telecom equipment provider ZTE Corporation has signed a contract with the Turkish telecom operator Turkcell to build a universal mobile telecommunication system network for Byelorussian Telecommunication Network, the operator's subsidiary in Belarus.

CPCNet Hong Kong Limited has started working with Vietnam Datacommunication Company to establish a virtual private network in Vietnam, with the first POP ready for operations in Ho Chi Minh city this July.

Hong Kong's Hutchison Telecommunications International Limited has announced the successful spin-off and listing of the company's Hong Kong and Macau operations on the main board of the Hong Kong stock exchange.

While the world economy is heading to the toilet and Chinese manufacturers are preparing to feel the pinch because their overseas buyers will have no cash, Alibaba.com is hoping a new round of international advertising will maintain its growth with helping connect Chinese suppliers with foreign customers.

IBM (IBM) says it has opened separate centers of excellence in China, Mexico and India to provide clients with access to the latest technologies and processes in banking, retail and service management arenas.

Chinese online game developer Perfect World (PWRD) has inked a new licensing agreement with Malaysia's Cubinet Interactive to license the "Chi Bi" game in Vietnam, Thailand, Malaysia and Singapore.

Chinese software provider Kingsoft has signed two agreements in Vietnam and will set up a joint venture with partners in the country.

Hutchison Telecommunications announced its unaudited key performance indicators for the quarter ended March 31, 2008 and said consolidated profit attributable to equity holders of the company was HK$310 million for the quarter, compared with a loss of HK$236 million for the same period last year.