Vietnam Airlines and Indonesia’s Post Logistiks prepare for IPO
Tweet Two large government owned enterprises in South East Asia have both announced plans to IPO in the next year. The Vietnam government will sell up to 30% of its…
Youku awarded mobile video distribution licence
Tweet Youku, China’s leading online video portal, has been awarded a licence by the Chinese government to publish video and audio content on mobile devices. The licence gives official backing…
Construction of Google’s Taiwan data center underway
Tweet The construction of a data center that Google has been planning to put up in Taiwan started in earnest yesterday after the company held a ground breaking ceremony there. According…
Starbucks thriving in China’s smaller cities
Tweet Starbucks is planning to push to 1,500 stores across 70 cities in China after experiencing great success in its trial stores in the country’s smaller cities. The coffee company…
Thin and light laptops may turn Acer’s fortunes around:Analyst
Tweet Taiwan-based Acer Inc is aiming to reclaim its spot as one among the top three PC makers in the world this year by aggressively promoting light and thin laptops,…
China Railway Group profit down as rail construction eases
Tweet China Railway Group Company announced on Friday that its net profit for 2011 fell 9.55% to RMB 6.69 billion ( USD 1.1 billion). China Railway Group (SHA:601390) is a…
Struggling RIM now shifts focus on business customers
Tweet Research in Motion Ltd., the Canada-based maker of BlackBerry is seeking to change its market penetration strategy owing to its poor performance amid fierce competition from rivals who have…
German-based Dialog in a partnership with Taiwan’s BCD Technology
Tweet The world’s largest contract chip-maker , Taiwan Semiconductor Manufacturing Co. (TSMC) said yesterday it has formed a partnership with Dialog on BCD technology. TSMC said already, it is able…
Japan-based Covalent Material’s semiconductor unit to be acquired by SAS today
Tweet The acquisition of the semiconductor unit of Covalent Material by Sino-American Silicon Products Inc. (SAS) takes effect today. The acquisition will make SAS the sixth largest semiconductor wafer manufacturer…
Nokia jostling for space in China’s soaring smartphone market
Tweet The rapidly growing smartphone market in China seems to have caught the eyes of Nokia at last. On Wednesday, the Finland -based struggling cellphone maker launched its flagship smartphone …
