Chinese computer giant Lenovo said Tuesday it is in negotiations on a "potential acquisition," following media reports the deal could be for IBM's server division. In a letter released to shareholders, Lenovo said its board "noted certain ...
Tags: Lenovo, IBM, Consumer Electronics, Electronics
China Mobile, the country's biggest services provider, on Friday begins selling Apple's iPhone to its millions of customers, ending a six-year wait in a crucial market for the US technology giant. The combination of China Mobile's ...
Tags: Mobile Firm, Apple iPhone
China’s Keer Group has unveiled plans to set up the company’s first textile plant in the US, creating more than 500 jobs over the next five years. The 230,000sq ft manufacturing facility in Lancaster County, South Carolina, ...
Tags: Keer Group, textile
Luthai Textile Co. Ltd., a global leader in the field of specially yarn dyed fabric with strong business relationships, is intending to invest US$ 8 million to set up a wholly-owned subsidiary Luthai (Cambodia) Co. Ltd., in Cambodia. ...
Tags: Luthai Textile, Garment Unit
Shuanghui International, a Chinese food giant, is seeking to raise up to $6bn through an initial public offering (IPO) in Hong Kong in the second quarter of 2014. The Chinese firm recently acquired US-based hog and pork processor ...
Tags: Shuanghui International
Hearts must have sank at 58.com and Qunar Cayman Islands late last month when a report from short seller Muddy Waters sent shares at the US-listed Chinese firm NQ Mobile plummeting by 47%. The two firms, both based in China, planned to list ...
Tags: Chinese Listings, Investors
US-based Interdigital, Inc. (IDCC) has been required by a court in the Chinese mainland to compensate Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. for monopoly with CNY 20 million. A court in ...
Tags: Huawei, Electronics
Two months before the expected third round of bidding for shale gas exploration rights, a Chinese firm on Friday successfully tested extraction equipment. The equipment will operate in complex geographic conditions, according to the ...
Tags: Shale Gas, Extraction Machine
Colombian mining and energy minister Amylkar Acosta shows that Colombia is in in-depth talks with a Chinese company on building a railway leading to Pacific coastal region so as to lower costs of exporting coal to Asia. The minister says ...
Tags: Railway Construction, coal, Metallurgy, Mineral, Energy
Belkin Corp., a maker of smartphone cases and computing accessories, aims to launch a product with annual sales volume of over one million units in the Chinese market firstly. Ben Thacker, vice president responsible for commercial ...
Tags: Belkin, Xiaomi, Consumer Electronics, cell phone
PSA Peugeot Citroen is preparing a three billion euro ($4.3 billion) capital increase that would give Chinese firm Dongfeng Motor Corp and the French government matching stakes in the ailing car maker. French Government officials are in ...
US investment bank Goldman Sachs is said to have sold out shares controlled in Chinese automaker Geely Automobile Holdings Ltd. (SEHK: 0175). Sources said on October 8 that Goldman Sachs would sell a total of 580 million shares ...
Tags: Auto, Transportation
Accidentally leaked user manuals from PC maker Lenovo show that the company is preparing a new laptop that runs Android instead of Windows. Called the IdeaPad A10, the laptop has a 10.1 inch HD screen and is listed as an Android device, ...
Tags: Lenovo, Android Laptop
Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
Chinese company Jin Baohua Carpets has manufactured the largest one-piece rug ever made by using more than 3000 kg of New Zealand wool. The giant rug covers 1018 sq m, and was made by a team of 100 workers who took two months to finish it. ...