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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019
CAICT, 4/09/20
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Zeus Entertainment Halts Plan to Invest in Baidu Video
Zeus Entertainment, 9/19/16
Dalian-based browser game and mobile game developer Zeus Entertainment (002354.SZ) recently announced that it has abandoned plans to invest in Xiaodu Huyu Technology, operator of online video platform Baidu Video, which was recently spun out from Chinese internet company Baidu (Nasdaq: BIDU). Read More
Singapore, Sichuan to Invest RMB 100 Bln in High-Tech Park
China Business News, 9/12/12
Singapore Prime Minister Lee Hsien Loong said in an interview today that Singapore will increase the presence of Singaporean companies in Sichuan through the newly announced Singapore-Sichuan Hi-Tech Innovation Park. Read More
Rumor: Hony Capital May Sell Elpida DRAM Plant to SMIC
Sohu IT, 5/01/12
Nikkei News quoted an industry source on May 1 as saying that after completing its acquisition of Japanese DRAM manufacturer Elpida Memory, Beijing-based private equity firm Hony Capital plans to sell or outsource the company's Hiroshima DRAM plant to Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK). Read More
China Encourages Foreign Investment in IPv6, NGN
CCID, 12/31/11
China's State Council has approved the National Development and Reform Commission (NDRC) and Ministry of Commerce's 2011 Revised Foreign Investment Guidelines, which encourage foreign investment in IPv6 next-generation networks, broadband network equipment (including EPON, GPON, and WDM-PON), and next-gen DSL chips and equipment. Read More
Chinese Government to Shift to Legal Software by 2013
US Dept of Commerce, 11/21/11
At the recent 22nd Joint Commission on Commerce and Trade (JCCT) between China and the US in Chengdu, China China's Vice Premier Wang Qishan said China is committed to ensuring that software legalization programs are completed by all 31 provincial entities by mid-2012 and at the municipal and county-level by 2013. Read More
Rumor: Alibaba Group Considering Full Acquisition of Yahoo
Enorth.com.cn, 10/04/11
According to industry sources, Chinese e-commerce conglomerate Alibaba Group is currently in discussions with global IT private investment firm Silver Lake and Russian investment group Digital Sky Technologies (DST) over the possibility of jointly acquiring US internet firm Yahoo. Read More
Rumor: CSRC Requests State Council Ban VIEs
Sina Tech, 9/19/11
Four law firms in mainland China and Hong Kong have told Reuters that the China Securities Regulatory Commission (CSRC) has issued an internal document proposing the State Council prohibit variable-interest entities (VIE). Read More
Rumor: US Group Buy Site Living Social to Acquire Miqi
CCID, 8/10/11
An industry source claims that US group buy site Living Social plans to move into China with a vertical group buy site, and has settled upon cosmetics group buy site Miqi.cn as an acquisition target. Read More
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