industry

Samsung Electronics Co Thursday unveiled a new tablet PC named Galaxy Tab as the latest device to rival Apple Inc's iPad. Samsung Europe executive Thomas Richter said the device offers features such as mobile video conferencing and a video chat function. The thin tablet device ...
Revenue from online advertisements is expected to see an explosive growth in China over the next three years as advertisers clamor for more eyeballs as Internet usage peaks, according to a senior executive from Renren.com. "Our advertisement income exceeded 100 million yuan ($14...
Transaction volume in China's consumer e-commerce market is expected to climb more than 1.5 trillion yuan (US$220 billion) by 2014, according to a latest industry report. The country's business-to-consumer and consumer-to-consumer sectors will grow an average 42 percent annually ...
Although the majority of mobile phone users have backed a new policy that requires them to register their real names, some of them are worried the rule, which came into effect nationwide on Wednesday, may violate their privacy. While more than 80 percent of those surveyed showed ...
p>US oil major Chevron and its partners in a Singapore refinery have decided to defer an upgrade project for two years after a review of "market conditions and product specification requirements in the region," a company spokeswoman said Thursday in an e-mailed response to ...
South Korean firm thwarted in its attempt to register popular name After half a year of effort, the Zhenjiang Vinegar Association has prevailed in a cross-border wrangle after it defended its trademark from registration by a South Korean applicant. The case began in June 2010 ...
Sony Ericsson, the world's leading cellphone manufacturer, announced Tuesday the launch of its first smartphone, to support China Mobile's TD-SCDMA network. The Sony Ericsson A8i features a 3.5-inch touch screen with multimedia mobile broadcasting functions to deliver high...
China Investment Corp (CIC) helped refinance a Manhattan office tower co-owned by Carlyle Group last year, another sign that the $300 billion sovereign wealth fund is stepping up its US real estate investments. CIC joined forces with AREA Real Estate Finance Corp of New York to ...
Hebei Iron and Steel Group Co Ltd, China's biggest steelmaker by output, said on Monday that it agreed to take 10 percent stakes in seven private steel mills in an alliance that will expand production capacity and enhance consolidation in Hebei province's fragmented steel ...
Motorola Inc aimed to regain market share in China by selling smartphones using the Google Android operating system and uniquely designed for China, it said Monday. The firm will also complete its restructuring and open a new consumer-oriented company in China in the first ...
The next time you're shopping for clothing at a supermarket in Europe or the United States, take a close look at the clothes hangers. If they say "Made in China," there's a good chance they come from a small county named Lipu, south of Guilin, one of China's most picturesque ...
p>Global upstream capital spending is likely to grow by 5% this year to exceed $380 billion, but global spending may require another three years to return to record 2008 levels, energy consultants Wood Mackenzie said Thursday. Total upstream spending will recover to around $380 ...
Nasdaq-listed video website Ku6 Media Co posted a net loss of US$11.8 million in the second quarter after operating expenses for the online video portal rose due to fierce competition. Total revenue in the second quarter fell 17.6 percent from the same period a year ago to US$8.1 ...
China Unicom started offering free Wi-Fi (wireless Internet) access until the end of March for customers who have signed a contract, in order to catch up with its competitors China Mobile and China Telecom, and boost its 3G business in China. Since China Unicom launched its ...
Due to dire supply shortage, gasoil wholesale prices soared to about Yuan 9,000/mt in Southwest China late this week, where no refineries are located, C1 found. Such prices are roughly Yuan 1,400/mt above the retail ceiling set by the government. In Southwest China, gasoil ...
Kweichow Moutai Co Ltd, China's biggest liquor maker by market value, disclosed it has plans to double output and realize annual sales of 50 billion yuan ($7.6 billion) by 2020, with the help of a continuous price surge. Yuan Renguo, Moutai's general manager, said the company ...
Yanzhou Coal Mining Co Ltd, the third largest listed coal company in China, said it will increase the capital investment in its wholly-owned Yancoal Australia Pty Ltd by A$909 million ($917 million). The move will increase its total capital investment to A$973 million from A$64 ...
E-commerce, dubbed as the "new engine" of growth, is helping China sustain its foreign trade at a time when the nation's exports and imports have been decelerating for months, said Vice-Minister of Commerce Jiang Yaoping. During a press conference on China's E-commerce Report ...
Major Chinese refineries' operating rates averaged 87.42% on Nov 11, inching up 0.52 percentage points from two weeks ago, 1.73 percentage points higher compared with the same period of last year, a survey found. Most refineries stepped up run rates to increase gasoil production ...
Zhuhai Baota Petrochemical is expected to produce about 200mt of LPG per day after bringing on stream its Phase II project in mid-November, a refinery source said. The product would be supplied to Zhuhai City and nearby areas, and the output would be gradually increased to about ...
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 ...