Advanced Micro Devices Inc (AMD) and Hisense Group, parent of Hisense Electric Co Ltd<600060> and Hisense Kelon Electrical Holdings Co<000921><921>, yesterday launched the AMD-Hisense Joint Lab at Hisense's R&D center, sources reported.The joint lab enables the two companies to optimize digital home...
Best Buy Co, Inc, a global consumer electronics retailer, has signed a contract with Germany-based Wincor Nixdorf to adopt its New Store Opening solution in the retailer's six new stores in China, as part of its strategic expansion program in the country, according the company's statement. The New Store...
China National Building Material Co Ltd (CNBM)<3323> plans to invest a total of RMB 2.7 billion to build three 0.5 mm TFT LCD glass substrates production lines in Chengdu Hi-tech Zone, sources reported.The first production line will begin construction in July 2009 and will be operational in 2010....
TJ Innova Engineering & Technology Co, a Chinese company focused on automobile design, recently received around RMB 50 million worth of capital injection from private equity (PE) firms, sources reported. Shenzhen Fortune Venture Capital Co Ltd cooperated with other investors to pour RMB 50-million in...
Shenzhen-listed Sieyuan Electric Co Ltd<002028>, a power equipment manufacturer and seller in China, sold around 5.8 million shares in Henan Pinggao Electric Co Ltd<600312> on the Shanghai Stock Exchange between Feb. 18 and Mar. 31 this year, sources reported....
U.S.-based auto parts manufacturer Dephi Corp has agreed to sell the remainder of its brakes and suspension business to China's BeijingWest Industrial Co Ltd, which is 51% held by Chinese steel maker Shougang Group, the Shanghai Daily reported. However, Dephi did not disclose the financial terms of the...
Kingsoft Corp Ltd (Kingsoft)<3888>, one of the leading entertainment software and application software developers in China, on Tuesday released its annual report for fiscal year 2008, which shows that the net profit jumped 87% from one year earlier to RMB 310 million, the China Daily reported....
China's EVOC Group, parent of EVOC Intelligent Technology Co Ltd<8285>, on Monday signed a Joint Declaration of Economic Cooperation with the State of North Rhine-Westphalia, and announced that it will set up its Germany headquarters in Dusseldorf this April, sources reported.EVOC will establish...
Zhengzhou Yutong Group Co Ltd, parent of Zhengzhou Yutong Bus Co Ltd<600066>, plans to launch mass production of new-energy buses in the second half of 2009, the Xinhua News Agency reported. Zhengzhou Yutong has developed seven petrol-electric hybrid bus models, which are under trial operation...
China Telecom Corp Ltd<728><CHA>, the nation's largest fixed-line operator, officially took over the basic telecoms businesses of China Satcom from yesterday, offering customers consulting and payment services, the First Financial Daily reported.In February, China's telecom regulator gave nod to China...