Chinese antitrust and competition regulators have cleared Google’s move to acquire Motorola Mobility for $12.5 billion, completing the worldwide regulatory review process. A Google representative confirmed that the Chinese government had given the merger the green light. The deal is… Read More ›
Huawei‘s head of North America, John Roese, said his company was more than ready to take on larger rival Cisco Systems but noted it would take some patience – and time. “The US is by far our most complex market… Read More ›
Lenovo Group Ltd, the world’s No.2 PC maker by sales, said on Monday that it will invest about 5 billion yuan ($793 million) over the next five years in an integrated mobile devices facility in China to meet rising global… Read More ›
Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group’s stock back to China‘s largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties’ previous negotiations, a person familiar with… Read More ›
Apple Inc‘s blowout quarterly iPhone sales in China show that a barrage of bad publicity hasn’t dented demand. Now, it has to find a way to sell more smartphones in the world’s biggest mobile market, without its fans jumping the… Read More ›
Some mainland internet users were able to gain access to Facebook, the world’s largest online social network, for more than seven hours yesterday. Having been blocked by the authorities for nearly three years, internet users in Beijing, Shanghai, Guangdong and… Read More ›
China’s rigid capital rules ban its citizens from investing directly in Apple Inc but that’s not keeping them from seeking a piece of the iPhone maker’s success by buying shares in its suppliers – and even companies rumoured to be… Read More ›
In the following article, the author draws on the recent news of Facebook‘s billion dollar acquisition of iPhone photo app company Instagram, to argue that a domestic (Chinese) Instagram “success story” is not currently possible due to China‘s inferior and… Read More ›
Plans to develop locomotives capable of reaching 500km/h or more would be a waste of money and resources – and probably impossible, say experts
Longtop Financial, a popular Chinese software company, was exposed as a colossal fraud last year .The “cash balance” on Longtop’s balance sheet, it turned out, was fake; a fiction created by the company’s managers and helpers. The Longtop fraud followed… Read More ›
China on Sunday established a rare earth industry association in a bid to clean up an industry that has come under fire internationally for violating trade rules, Reuters reported, quoting state media. Su Bo, vice minister of industry and information… Read More ›
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