Chinese social media websites are ablaze today with rumors, photos, and innuendo that at least one non-Chinese employee working for Apple was responsible for hitting customers waiting on line to buy the iPad 2 in Beijing. Though the iPad was released in other countries a couple months ago, it only legally became available in China [...]
Apple Inc. has announced that it plans to start selling iPad 2, the second-generation of its tablet computer product, in 25 countries and regions from March 25, 2011, and the new product will be available in Hong Kong from April. According to the official press release of Apple, iPad 2 will first enter the markets [...]
American technology company HP has held a new strategy, brand and product launch in Shanghai and the company announced that it will open its first experience center in Beijing this month. According to Jos Brenkel, president for the Asia Pacific and Japan regions of HP information product group, to enhance the communication between consumers and [...]
Chinese home appliance maker Midea has announced its 2010 performance report, stating that due to the optimization of its product structure and sales increase, its operating revenue increased by 57.70% year-over-year to CNY74.559 billion and its net profit increased by 69% year-over-year to CNY3.127 billion. Midea said that during the year 2010, its business structure [...]
Laox, the electronics subsidiary of the Chinese home appliances retailer Suning, has published its report for the 2010 fiscal year, which was actually a report of nine months due to an adjustment of its reporting schedule, stating that the company lost about CNY3.86 million during the reporting period. The report also said that the operating [...]
3M plans to invest USD10 million to build a new research and development center in the northern part of Taiwan. According to George Buckley, chief executive officer of the company, this move is expected to help promote 3M's future investment in Asia. Joe Liu, vice president of business development for 3M Asia Pacific and China, [...]
China Unicom has reportedly started the public test of its online application store Wostore and the platform will be formally put into operation later this month. With the formal launch of Wostore, China's three major telecom operators will all have their own application stores. At the same time, the online application market will become a [...]
Chinese consumers seeking an easy way to purchase the new iPad or iPhone now have an easier path to part with their money. Apple has launched the Apple Store in China, and the company now offers Chinese consumers an online method to purchase products. "We are thrilled to open our newest online store in China," [...]
Konka Group, China's first Sino-foreign joint consumer electronics enterprise, has published its financial report for the third quarter of 2009. According to the report, the group make total revenue of CNY3.854 billion from July to September 2009, an increase of 13.15% compared with the same period of last year. However, its net profit attributed to shareholders [...]
Chinese social networking site Renren.com, previously known as Xiaonei.com, has reached strategic cooperation with the international mobile phone maker Nokia. Under the agreement signed by the two parties, Nokia will provide Renren.com's widget services in its latest released 3G mobile phones, N97 mini and N97i. With the pre-installed application program, users of Nokia's N97 mini and [...]
