China Tech Roundup - February 24, 2007

China Internet and Technology Roundup provided by Chinamemes.com:

Dell Grows in China, Lenovo Losing Steam
In the fiscal third quarter of 2006, Dell reported a 33% growth in the number of computers it made and sold in China - roughly double the pace of China's overall market growth. In China, Dell is the fastest-growing player and in less than a decade it has grown to be third-largest PC vendor with a 10% share, behind home-grown Lenovo, which has more than a third of the domestic market, and Founder Technology.

Looking at Tencent
Travis Johnson from the "One Guy's Investments" Blog analyzes China's Instant Messaging services King Tencent.

Report: China will not issue 3G licenses before 2008
The Chinese government will not issue licenses for 3G (third-generation) mobile services until the first quarter of 2008, according to a Chinese report. Delaying the release of the 3G licenses will give China's homegrown 3G technology TD-SCDMA and its backers additional time to close the gap with more mature 3G technologies, WCDMA (wideband CDMA) and CDMA2000 EV-DO (evolution data optimized).

Can Baidu Survive Google's Ferocious Uppercut?
Google vs. Baidu - with the hometown hero decisively winning the first few skirmishes with the global godzilla waking up from its slumber and getting down and dirty, real fast.

QQ - China IM Service Goes Web 2.0
Tencent is now recognized as the leading provider of Internet, mobile & telecommunications value-added services in China. QQ, Tencent's instant messaging service platform, officially launched in Feb 1999 and announced in its 2006 Q3 report that it has 221.4 million active users. What's more, the total registered user accounts has climbed to 572.3 million!

Advertisment:
Find Startup Capital
Find Angel Investors
Find Venture Capital

Chinamemes.com - Observing China's Digital Revolution

China Tech Roundup - February 17, 2007

China Internet and Technology Roundup provided by Chinamemes.com:

Social Bookmarking in China
China Web2.0 Review on Chinese Social Bookmarking Sites.

Baidu Thinks It Can Play in Japan
Faced with slower growth at home, China's No. 1 search engine looks to its island neighbor for new growth opportunities. Will it translate?

BBC in Content Deal with Chinese Portal
Users of Chinese web portal QQ.com can now learn English directly from the site thanks to a partnership deal with BBC. It is the first Chinese portal to enter content partnership with the BBC.

Ebay's Deal with Tom Online Offers Some Timely Lessons for Managers of Global Online Companies
Knowledge Wharton China looks at why eBay failed in China, quoting China experts Dwight Perkins, professor of economics at Harvard University.

China Gaming: Shanda's Back in the Action
The online-game producer is in the black again as its free-entry model, and sale of avatar accessories, clicks with young Chinese gamers

Chinese Netizens' Online Time Increases By 56% Annually
The "Report on the Internet Use of Netizens In Chinese Cities In 2006″ from CTR Market Research says that the time Chinese netizens spend on the cyberworld per day has increased from 88.2 minutes in 2002 to 137.8 minutes in 2006, an increase of 56% annually.

Advertisment:
Find Startup Capital
Find Angel Investors
Find Venture Capital

Chinamemes.com - Observing China's Digital Revolution

China Tech Roundup - February 9, 2007

China Internet and Technology Roundup provided by Chinamemes.com:

Shanda to Sell 4 mln Sina Corp Shares for 129.6 mln
China's online game operator Shanda Interactive Entertainment Ltd. said it agreed to sell about 4 million shares of online media company Sina Corp. to Citigroup Global Markets Inc. for $129.6 million. Following the sale, Shanda will continue to hold 2,118,278 SINA shares, representing approximately 3.9% of the issued and outstanding share capital of SINA.

An Open Letter to Google Founders--- to save Google in China and save Internet in China
By Venture Capitalist Isaac Mao: "I'm writing you the short letter on behalf of many Internet users in China to have some suggestions to resolve the current dilemma for Google in China ..."

Chinese Cozy Up to E-Commerce
China Market Research Group's Shaun Rein says a new breed of younger, more affluent consumers will drive e-commerce on the mainland.

Huawei Sales Hit $11B
Chinese Telecom Equipment Supplier Huawei announced that its global contract sales for 2006 reached USD11 billion, 65% of which comes from overseas market. 2006 global contract sales representing a year-over-year growth rate of over 34%. The increase is a result of continued market growth in the product areas of mobile network, next generation network ("NGN"), optical networks, data communications, software and applications and IP.

IBM sells 3.5% stake in Lenovo
Following an almost 10% run-up in Lenovo’s share price over the past few days, Citigroup executed a private placement on behalf of IBM on Monday afternoon and evening. The 300 million shares sold in the transaction amount to a 3.5% stake.
Following the sale, IBM – which sold its personal computer division to Lenovo in April 2005 in return for cash and a 15% stake in Lenovo – faces a 90-day lockup.

China Businesscast: Interview with James McGregor
Interview with James McGregor, author of the book "One Billion Customers, Lessons from the Front Lines of Doing Business in China". Topic: China's media industry and failures of foreign web companies.

China Mobile Wants to be a Big Face in the Global Market
China Mobile may already be the world's biggest wireless company in terms of both subscribers and market capitalisation, but the cash-flush company has not been shy about its plan to look for opportunities abroad to boost its earnings and scale.
To name a few, the Chinese company in the last two years has been linked to CSL, a Hong Kong-based mobile operator, China Resources Mobile, another Hong Kong firm, Pakistan Telecom, Reliance Telecom of India, Millicom, the emerging market mobile company.

Internet Boom in China Is Built on Virtual Fun
New York Times article on China's hottest Internet company Tencent which reaches more than 100 million users, or nearly 80 percent of the market.


Chinamemes.com - Observing China's Digital Revolution

China Tech Roundup - February 2, 2007

China Internet and Technology Roundup provided by Chinamemes.com:

Lenovo To Sponsor Williams Formula One Team
Chinese computer manufacturer Lenovo officially signed on today as a sponsor of the Williams Formula One racing team in the United Kingdom.

Huawei Chosen by France Telecom to be UMTS Mobile Equipment Suppliers
The Chinese firm Huawei Technologies has been chosen by France Telecom to be one of its UMTS mobile equipment suppliers.

Mozilla Sets up Shop in China
Mozilla.org, which makes the open-source Firefox browser, is opening a China office to do battle in the world's second-largest Web market.

IPTV In China Will Exceed 23 Million Subscribers By 2012
China’s flourishing broadband environment paves the way for IPTV to reach out to the potentially huge addressable market. In a new study, ABI Research forecasts the IPTV take-up in mainland China to pass the 23 million-subscriber mark by 2012.

Web Giants Urge State Dept. to Fight Censorship
After being criticized for bending to Internet censorship demands in China and other countries, Google, Yahoo and Microsoft defended themselves Tuesday and appealed for help from the U.S. government.

The9 Announces WoW Expansion
Chinese online game operator The9 announced on Tuesday that it has signed an amendment with Vivendi Games to release the expansion pack The Burning Crusade for MMORPG World of Warcraft in China.

Pirated Vista beats Microsoft to China's PCs
At least a week before the rest of the world got its first look at Microsoft Windows' new Vista operating system, bootleg copies of the software were widely available in China. The the pirated Chinese version of Vista was priced by vendors from $1.30 to $4.

Microsoft Setting up China R&D
Software giant Microsoft is setting up a $20 million research and development center in Shanghai for its online MSN service, its first such center outside the United States, sources familiar with the plan said on Wednesday.

China Readies 4G for a Mobile Revolution
China might ignore the 3G standard for mobile phones and go directly to 4G. In theory the new technology, developed by ten "leading domestic institutions" calling themselves collectively the "FuTURE Project", will allow data transmission at up to 100 megabytes per seconds — several times faster than current technology.

MySpace Set to Launch in China
News Corp. is finalizing a deal with partners, including private equity heavyweight IDG, to launch a networking Web site venture in China within a few months, financial and Chinese government sources said Friday.

Chinamemes.com - Observing China's Digital Revolution