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Revenue Rises In China for CDC Corporation (Mar 8)
Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009. Adjusted EBITDA in the fourth quarter of 2009 was USD14.0 million, an increase [...]


Neusoft Begins Medical Information Project In Hainan (Mar 8)
Chinese IT solutions and services provider Neusoft has signed a medical information software project with the provincial government of Hainan, and the company will invest CNY600 million to build a information industry base in Hainan Ecological Software Park. An agreement jointly signed by Hainan Health Department, Hainan Industry and Information Technology Department, the government of Chengmai [...]


IBM Unveils Power7 Processor In China (Mar 8)
The international technology giant IBM has unveiled its new-generation Power processor, Power7, in China, aiming to expand the application fields of its Power processor brand. Compared with its Power6 processor, which was launched three years ago, Power7 adopts the 45-nanometer technology and the previous dual-core had been upgraded to eight cores. Each of these eight cores [...]


China Telecom Includes 100 Enterprises In Its CDMA2000 Alliance (Mar 7)
Initiated by China Telecom, the operator of the CDMA2000 network in China, China's "CDMA2000 Mobile Phone Design and Development Industry Alliance" has been founded in Beijing with over 100 members, including mobile phone chip platform providers, mobile phone design companies, and brand manufacturers with independent development abilities. Yang Xiaowei, vice general manager of China Telecom and [...]


Japanese Electronics Retailer Plans China Entry (Mar 7)
Yamada Denki, one of the largest electronics retailers in Japan, is planning to open a flagship store in China. Yamada Denki has signed an agreement with Tianjin government agencies to open a flagship store of about 32,000 square meters in the Binhai High-tech Zone in Tianjin. The store will be the first flagship store of Yamada [...]


China's 360 Launches Free Mobile Phone Security Software (Mar 7)
Chinese security software provider 360 has announced plans to launch a permanently free-of-charge mobile phone security software product to help users solve increasing problems of spam SMS and nuisance calls. Zhou Hongwei, chairman of 360, told local media that combining 360's security technologies with successful experience in fighting malware, trojans, and viruses, the company will provide [...]


China's Kingsoft Forms Partnership With Thailand's Asiasoft (Mar 4)
Chinese software and online games company Kingsoft has announced that its Kingsoft Duba has reached cooperation with Thai online game operator Asiasoft, and the two parties will jointly launch a Thai-language edition of Kingsoft Duba. This move marks Kingsoft's formal entry into the Thai market and it is also the company's first major measure in the [...]


China's Baidu.com Adjusts Alliance Policy, Creates New Client Department (Mar 4)
Chinese search engine company Baidu.com has recently adjusted the policies of its Baidu Alliance and will stop business cooperation with some members. So far, the members affected are mainly non-contracted website navigation sites and the traffic involved is estimated at nearly one million daily visitors. This policy adjustment is implemented following Baidu Alliance's evaluation of cooperating partners [...]


China's Shanda Enters E-book Market With "Bambook" (Mar 4)
Shanda Interactive Entertainment has set up a new subsidiary, Guoke Electronics, to be in charge of the research and development of its new e-book product "Bambook". According to reports in Chinese local media, Shanda is expected to integrate the resources of this newly established subsidiary with those of Shanda Literature, the Internet literature subsidiary of the [...]


Internet Recruitment Slows In China, 51job.com Posts 5% Annual Revenue Decline (Mar 4)
Showing that Chinese businesses were slow to hire new employees in 2009, Chinese online recruitment company 51job Inc. just revealed its unaudited financial results for the fourth quarter of 2009 and for the fiscal year ended December 31, 2009, and stated that revenues fell 5% from 2008. While total revenues at 51job.com for the last quarter [...]