Archive for April, 2008

ZTE expands in West African markets

China’s ZTE is starting to take root in the West African mobile device market, as more operators offer deals on the company’s handsets.
Early this month, Celtel Sierra Leone introduced the ZTE C160, complete with a SIM (Subscriber Identity Module) pack offering call credit and free SMS (Short Message Service), for US$26.

Tags: GSM, mobile, Motorola, SMS, [...]

China’s SMIC expects to return to profit in Q4

China’s biggest contract chipmaker, Semiconductor Manufacturing International Corp (0981.HK: Quote, Profile, Research), is confident it will return to profit in the fourth quarter of 2008 after it posted deep losses in the first three months of this year, a senior executive said.
The second and third quarters should remain tough for the company but the fourth [...]

New 3Com CEO to be based in China

Edgar Masri was removed as chief executive of data network equipment maker 3Com Inc. and immediately replaced by Robert Mao, a fluent Mandarin speaker who will be based in China.
The Massachusetts-based firm sees the nation as its biggest market.

Tags: 3Com, Huawei

Japan, China Still Apart in Gas Talks, Machimura Says

Japan and China still have “some distance”to go before an agreement is reached on disputed gas- exploration rights in the East China Sea, the Japanese government’s top spokesman said today.
Chinese and Japanese officials have been discussing the dispute in the hope of having an agreement ready for when the president of China, Hu Jintao, visits [...]

EU extends anti-dumping duty against Chinese shoes to Macao

The European Union (EU) has decided to extend its anti-dumping duty against Chinese leather shoes to Macao, which the EU alleges was used by Chinese shoemakers as a transit for re-exports to Europe.
The measure, approved by EU governments in Luxembourg Tuesday, aims to prevent Chinese shoe exporters from evading a 16.5-percentanti-dumping duty, the EU said.

Tags: [...]

Australia: Chinese investment important to economy

Australian Treasurer Wayne Swan said on Wednesday Chinese investment has a role to play in the Australian economy.
The Australian government welcomed foreign investment and did not discriminate in terms of the source country, Swan told the Skynews.

Tags: foreign-investment, investment

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