Foxconn planning to expand in China as Apple prepares to unveil iPad 3
Tweet One of the major suppliers of Apple Inc. products in China, Foxconn Technology Group, is planning to expand its production capacity in the country, a move that is needed to help the company…
Search engine Baidu’s profit nearly doubled in 2011
Tweet Baidu, China’s leading internet search engine, has revealed a 91.4% increase in profits in 2011 as its usage grows and online advertising in China accelerates. The results were better…
iPads being pulled from sale across China over trademark dispute
Tweet More retailers are pulling Apple’s iPad from sale to avoid being caught up in the dispute between Apple (NAQ:APPL) and Proview over the iPad trademark. In the last few…
Strong sales drive Lenovo’s 3Q profit up 50 percent
Tweet Quarterly profits for Lenovo Group Ltd. grew by more than 50% a fact that the computer maker attributed to strong sales across its main markets. On Thursday,the company announced…
Apple’s App Store restores Qihoo 360 products to its shelves
Tweet For four days Chinese software company Qihoo 360′s products were mysteriously withdrawn from Apple’s App Store without explanation. Equally mysteriously, they reappeared late on 8th February. Qihoo 360 (NAQ:QIHU)…
Over 10bn messages may have been sent by Chinese mobile users on New Year’s Eve
Tweet Mobile phone users in China may have sent a record 10 billion greeting messages on Sunday, a ProKing Management Consulting senior partner Kuang Jie has said. On Lunar New…
Tencent acquires forty nine percent of gamer Level Up
Tweet Tencent, China’s leading internet services provider, has acquired 49% in Level Up, an online gaming platform. Tencent also has an option to raise its ownership to 67%. Tencent (HKG:0700)…
Jerry Yang, Yahoo! co-founder calls it quits
Tweet It seems that Yahoo’s woes are not yet over. Yahoo! Co-founder Jerry Yang has resigned, the company announced Tuesday. According to a statement released by the company, Yang relinquished…
Chinese online retail sales reached USD 38 billion in 2011
Tweet The size of the online B2C market in China grew by 138% in 2011 to reach RMB 238 billion (USD 38 billion) according to research by Analysys International While…
Over half a billion Chinese now surfing the internet, 50% of them using weibo
Tweet Internet surfers in China have clocked 500 million people, official data has revealed. According to the data released on Monday, nearly 50% of those who surf the internet also…
