The Beijing Olympics will disrupt auto production at Hyundai Motor Co’s China unit for two months as the government restricts traffic to ease pollution during the games, a South Korea’s Maeil Business Newspaper said.
The traffic restrictions will disrupt the delivery of auto parts, the paper said, citing an unidentified Hyundai official.
Tags: Auto, auto-parts, Hyundai
Great Wall Motor Co, China’s largest sport utility vehicle (SUV) maker, will start selling a pickup truck in Italy later this year, its second vehicle in the west European market, a company executive said on Monday.
Great Wall began shipping its Hover SUV to Italy in late 2006, although another vehicle, the compact GWPeri, was banned [...]
Chery Automobile Co is preparing to go public before the end of this year at the latest, company Chairman said, according to the Economic Observer newspaper.
“We have had our IPO date postponed repeatedly amid share market gloom, but it will be come no later than the year-end,” Yin Tongyao said.
Tags: Auto, Chery, engine
Samsung Electronics Co. is spending more than $100 million on its sponsorship of the Beijing Olympics, a sum that is helping fuel faster growth in one of the company’s biggest and most important markets, its top China executive said.
China has long been a major manufacturing base for Samsung, and sales of its cellphones and other [...]
Huawei Technologies Co Ltd. (”Huawei“), a leader in providing next generation telecommunications network solutions for operators around the world, today announced the successful development of its 100G wavelength-division multiplexing (WDM) prototype. This is another breakthrough by Huawei in the optical network domain after its 40G transmission solution was recognized at Broadband World Forum Asia 2008 [...]
Bilateral trade between Taiwan and mainland China in the five months to May rose 21.6 pct from the corresponding period last year to 46.39 bln usd, the Board of Foreign Trade said.
The figure accounted for 21.7 pct of Taiwan’s total external trade during the period, compared with 21.4 pct a year earlier, the Board said, [...]
