Industry & Market
Industry & Market
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Sinohydro Signe a Contract with Contractual Value of About USD 1.69 Billion
Sep 2, 2013Sinohydro (SHSE: 601669) announced on August 29 that its subsidiary Sinohydro Corporation Limited signed a EPC contract on the Karuma hydropower station with the Ugandan ministry of energy and mines, with contractual value of about USD 1.69 ...
Tags: Metallurgy, Mineral, Energy
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Sanan Opto-Electronics Will Hold a 19.9% Stake in Formosa Epitaxy as Majority Shareholder
Sep 2, 2013Sanan Opto-electronics Co., Ltd. (SHSE: 600703) said that it has been approved by government regulators for subscribing for shares offered by Formosa Epitaxy. As revealed earlier, wholly owned Xiamen Sanan Optoelectronics Technology Co., ...
Tags: Opto-Electronics, Electrical, Electronics
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Cisco Gains Have Been Badly Affected by The Disclosure of Prism of The US in China
Sep 2, 2013Leading global network equipment maker Cisco Systems Inc. (NASDAQ: CSCO) is proved to have been badly affected by the disclosure of PRISM of the US in the Chinese mainland. China Telecom Corp. Ltd. (NYSE: CHA and SEHK: 0728), the biggest ...
Tags: China Telecom, Electronics
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Mecox Reported a Net Loss of USD 6.2 Million for The Quarter Ended June 30 This Year
Sep 2, 2013Chinese online apparel and accessory retailer Mecox Lane Ltd. (NASDAQ: MCOX) reported a net loss of USD 6.2 million for the quarter ended June 30 this year. It released unaudited financial results for the quarter on August 14 and ...
Tags: Mecox, webservice
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Chinese Online 3C Retailer JD.com Required All of Its Employees to Use Yixin
Sep 2, 2013Chinese online 3C retailer JD.com required all of its employees to use Yixin, a mobile instant messaging (IM) tool similar to WeChat, when they conduct business communications. It said in an internal email on August 26 that in order to ...
Tags: JD, webservice
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Xi'an Janssen Pharmaceutical Ltd. Is Expected to See Days Be Harder in The Future
Sep 2, 2013Xi'an Janssen Pharmaceutical Ltd., the biggest subsidiary of US healthcare giant Johnson & Johnson in the Chinese mainland, is expected to see days be harder in the future. It was established by Janssen-Cilag, a subsidiary of Jonson & ...
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Shanghai Yunda Express Is Said to Have Begun Making Preparations for an IPO
Sep 2, 2013Shanghai Yunda Express Logistics Service Co., Ltd., a leading private Chinese express delivery service provider, is said to have begun making preparations for an IPO. People in the know disclosed in an interview on August 28 that Yunda ...
Tags: Transportation, Logistics Service
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Corning Announced a Technical Collaboration Through High Performance Displays with AU
Sep 2, 2013Corning Incorporated announced a technical collaboration through its High Performance Displays organization with AU Optronics Corp. (NYSE: AUO). Corning is exhibiting AUO’s 5-inch HD720 AMOLED panels that feature Corning Lotus™ ...
Tags: Amoled Panels, Corning Lotus Glass
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China's Software Industry Generated Total Revenues of CNY1.661 Trillion
Sep 2, 2013China's software industry generated total revenues of CNY1.661 trillion (US$270.7 billion) in January-July 2013, growing 23.8% on year, according to statistics by the Ministry of Industry and Information Technology (MIIT). The total ...
Tags: Software Industry
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San'an will Investment in Formosa Epitaxy
Sep 2, 2013The Investment Commission approved for Chinese LED epitaxy manufacturer San'an Optoelectronic Co. to invest in Taiwan LED chip supplier Formosa Epitaxy Inc. (ForEpi). Cooperation between the two companies marks a new milestone and will ...
Tags: Formosa Epitaxy, Lighting
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China's Fuzhou Imports,Has Reported Cotton in Jan-July'13
Sep 2, 2013Fuzhou, in southeast China’s Fujian province, has reported cotton imports of 19,760 tons during January-July 2013 period, which shows a record 1,137 percent increase in cotton imports over the same period last year, the entry-exit ...
Tags: cotton imports, cotton price
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MOEA Approved The Investment by China-Based LED Epitaxial Wafer
Sep 2, 2013Taiwan's Ministry of Economic Affairs (MOEA) on August 29 approved the investment by China-based LED epitaxial wafer and chip maker Sanan Optoelectronics in Taiwan-based fellow maker Formosa Epitaxy with some conditions attached, according ...
Tags: Formosa Epitaxy, Lighting
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The KIA Niro Concept Could Give Life to a City-Sized Production SUV
Sep 2, 2013The Kia Niro concept could give life to a city-sized production SUV if it receives a positive reaction from the public at next month’s Frankfurt motor show. Kia says its dramatically styled Niro concept hints at a possible future ...
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Chongqing Steel Announced That in The First Half of This Year
Sep 2, 2013On August 29, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel) announced that in the first half of this year, its operating revenue totaled RMB 9.29 billion ($1.52 billion), down 9.6 percent year on year. ...
Tags: Chongqing Steel, Mineral
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The Market Value of The Global Hydraulic Industry Reached USD32.7 Billion in 2012
Sep 2, 2013Affected by the sluggish global economy and Chinese construction machinery market, the market value of the global hydraulic industry reached USD32.7 billion in 2012, showing a year-on-year decline. China still lags behind the United States ...
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