industry

Sina Corp, China's biggest Internet portal, has entered into an agreement with Tudou Holdings Ltd to buy a 4 percent stake in the country's second-largest online video website, according to a source close to the matter. Sina will pay $40 million for the stake, according to the ...
A wave of layoffs at Gaopeng.com, the Chinese arm of US-based Groupon Inc, signals a dramatic turnaround for a company that just months ago aimed to dominate China's online group-buying market. Analysts said that Gaopeng's situation was likely to have a domino effect on the many ...
Major Chinese automaker First Automobile Works (FAW) on Monday launched the first batch of its independently-developed new energy vehicles. The first 20 new-energy vehicles include the company's Besturn plug-in hybrids (PHEV) and pure electric vehicles (EV). Xu Jianyi, FAW ...
Hewlett-Packard (HP) on Monday unveiled a new business desktop computer, days after the world's largest personal computer (PC) maker announced its plan to sell its PC business. The company said the new model, HP Compaq 8200 Elite All-in-One Business Desktop, is the industry's ...
The technology giant Lenovo Group, the third-largest PC maker by market share, on Thursday reported quarterly sales revenue of $5.9 billion for April through June and pre-tax net profit of $123 million, nearly double compared with the same period last year. Lenovo attributed the ...
Sina.com, operator of China's most popular microblogging platform Weibo.com, plans to make money from the service as early as the first half of 2012 and will continue investing in the microblogging service to cement its market position. Sina, which also operates one of the ...
In support of the principles of prevention and precaution, and in line with our overall commitment to water stewardship, NIKE Inc supports the goal of systemic change to achieve zero discharge of hazardous chemicals associated with supply chains and the lifecycles of products ...
Over 10 years, three presidents representing three nationalities have guided ABB China Ltd in stable but higher-than-market-speed development to dominate the local market from an unassailable leading position. The three executives, while maintaining the same overall strategy, ...
Chinese telecom giant China Mobile said Thursday that its net profit rose 6.3 percent to 61.28 billion yuan RMB for the six months ending June 30 this year, which was slightly better than analysts expected. The turnover was 250.08 billion yuan RMB, an increase of 8.8 percent from ...
Major Chinese steel companies have raised prices of their main products for September delivery to keep up with higher spot market prices and also to meet expected strong demand. Wuhan Iron and Steel Co yesterday said it will raise hot-rolled coil prices by 100 yuan (US$15.60) a ...
A Chinese consumer rights advocate is suing Apple after he claimed it sold two refurbished iPhones as new in one of its Beijing stores. Wang Hai, well known in China for his campaigns against counterfeiters, claimed Apple was cheating customers by selling refurbished phones and ...
The new iPhone 5, which hasn't been released yet and there are no details of a launch date either, has already become popular in the Chinese Internet community, Shanghai Daily learned Wednesday. At least one online coupon website and more than 100 online shop owners on Taobao.com...
Visitors to ITMA 2011 can look forward to knowledge sharing, cross-fertilisation of ideas and more collaborative interactions with some of the world s leading textile researchers and educators. A total of 46 institutions have applied to take part in the Research and Education (R...
State-owned enterprises (SOEs) will need to make sweeping improvements in their information technology (IT) over the next five years to meet rising global business demands, said a high-tech expert with the central government administration that governs SOEs. Yang Qingfeng, an IT ...
The 12th China (Yiwu) International Exhibition on Hosiery, Knitting, Dyeing & Finishing Machinery (YIWU H&G 2011) will be held on 23-25 November 2011 at Yiwu International Exhibition Centre, Yiwu, Zhejiang, PR China. Riding on the success of the past 11 years, YIWU H&G has been ...
With the rapid development of the Internet and the rising cost of copyright payment for TV dramas and films, video websites in China have started to make their own content and cultivate their own stars. Shineshow Film Entertainment Company, a joint venture established by Shanda ...
Hollywood studios are set to break into China's massive Internet market as domestic video sites scramble to screen United States movies and dramas on their digital platforms, a move which could also curb rampant piracy. China's Youku's and Sohu's online video platforms have ...
Chery Automobile Co Ltd is to become the second Chinese vehicle maker to build an assembly plant in Kenya. The move will see Chery Automobile join the truck manufacturer Beiqi Foton Motors Co Ltd as the companies attempt to tap East African demand and will further strengthen ...
A new national cable network company that plans to hang out its shingle by September will play an important role in the integration of telecommunications networks, cable TV networks and the Internet, China Securities Journal said. According to the paper, the company, China ...
Huayi Brothers Media Corp (HBMC), the first publicly traded movie company on the Chinese mainland, reported on Wednesday night that its first-half revenue surged from a year earlier. Revenue reached 330.66 million yuan ($51.67 million), up 63.2 percent year-on-year, while net ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...