The first Chinese-made electric-powered car to hit the U.S. market is on its way. The Miles XS500 is “rather nondescript,” according to Forbes, but “What’s sexy is inside: Under the hood is an electric motor powered by a 700-pound lithium-ion battery.” A California-based startup company called Miles Electric Vehicles is importing the car (from China), [...]
According to an auto sales company in Beijing, the prices of Chery lineup have gone down, with Chery A5 posting the largest drop, after the carmaker’s mark-up of the prices of some models. Now the 1.8L A5 is priced at 74,800 yuan ($10,762), falling by 9000 yuan.
The price of 1.8L Chery Eastar now has dropped [...]
Hutchison Telecommunications has sealed a deal with Apple Inc to market the U.S. firm’s popular iPhone handset in the city and Macau as soon as the next quarter, a Hong Kong newspaper reported on Friday.
Existing subscribers of Hutchison Telecom, a unit of conglomerate Hutchison Whampoa, were expected to be the first users of the iPhone [...]
Huawei Technologies Co. Ltd. has signaled its intention to be a major player in the telecom software world by creating an independent business unit, Huawei Software Technologies Co., that will chase OSS and applications development business at the world’s telecom operators.
The move comes just as Huawei’s main rivals in the telecom infrastructure market, such as [...]
China Steel Corp., Taiwan’s biggest maker of the alloy, will raise prices by an average 18 percent in the third quarter to cover rising raw material costs.
The company will increase prices of hot-rolled steel, a benchmark product, by an average NT$4,500 a metric ton, China Steel said an e-mailed statement yesterday.
Tags: Baosteel, iron-ore, material, steel
China Oilfield Services Ltd (COSL), the subsidiary of China National Offshore Oil Corp (CNOOC) offering drilling services, announced in a statement yesterday its first maritime drill in Libya successfully started working on Tuesday.
COSL signed its first overseas maritime drill contract last December with Libya, to offer the latter two maritime drills. The second drilling equipment [...]
