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Hisense in Funding Talks with Alcatel-Lucent, Siemens
21st Century Business Herald, 3/06/08
Hisense Group (600060.SH) CEO Zhou Houjian has said that in order to expand into optical communications, network technology and other new fields, the Hisense Group is seeking strategic investment from foreign partners, with negotiations on the matter already seeing substantive progress. Read More
Unicom Suspected Bribe-Taker in Lucent Scandal
21st Century Business Herald, 12/27/07
To date, none of the almost one thousand Chinese telecommunications executives implicated in the Lucent (now Alcatel-Lucent) bribery case have been investigated by Chinese law-enforcement organs. Read More
Alcatel-Lucent to Pay USD 2.5m in Bribery Fines
Sohu IT, 12/24/07
Alcatel-Lucent will pay USD 2.5 million to settle charges that it violated U.S. anti-bribery laws by paying for trips to the US taken by Chinese officials to secure millions of dollars worth of telecom equipment contracts. Read More
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