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!
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Chinamemes.com - Observing China's Digital Revolution
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China, a good opportunity for
business venture? Yes, of course,
you are only a shallowminded MBA
graduate whose primary care is
profits.
But do you realize what you are
doing by investing in China and
its artifically lowered yuan,that
is itself against the basics of
free trade concepts?
By supporting and investing in
China's lucrative business deals
you ARE ENCOURAGING THE INHUMANE
PRACTICE OF FORCED LABOR IN THE
WORLD'S MOST BLOODTHIRSTY REGIME.
Here's how it is accomplished,
Chinese leaders literally enslaved
their enormous population of
workers to work seven days a week
and for little or even no wages at
all. Often the Chinese leaders
hire thugs and gangs to beat and
drug the workers so the workers
would remain in their obedient
state of working. For reference
PLEASE CHECK THE BRICK KILN NEWS
recently discovered in China.
However, due to the extreme censor
in China and the enormous amount
of money these Chinese leaders
have spent to cover up their
shames, such news are rarely ever
covered in their own media AND
BARELY ALLOWED TO BE LEAKED TO
WHAT THEY CALLED "ANNOYING FOREIGN
MEDIA."
NOW YOU KNOW HOW YOUR PROFITS AND
HOW YOUR OPPORTUNITIES ARE
ACCOMPLISHED. WHAT DID CHINESE
WORKERS DO TO DESERVE THIS TORTURE
? ARE THEY NOT EQUALLY HUMAN?
DO THEY NOT DESERVE TO BE TREATED
WITH RESPECT?
Yes, go ahead, ignore this fact, I
just want to you to understand this
injustice practiced in this so
called "LAND OF OPPORTUNITIES"
From now, every time you make a
little money, just think about
those poor workers who are forced
into this torture and disrespect
in a HORRIFICALLY POLLUTED
ENVIRONMENT.
AND DO NOT WORRY, WHEN YOU DELETE
MY COMMENT, JUST KNOW THAT I have
already SUCCESSFULLY published
this message to MANY LIBERAL
WEBSITES, WHICH ARE MUCH MORE
POPULAR THAN YOURS.
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I have a web site where I do research on stocks under five dollars and also under 1 dollar. I have many years of experience with these type of stocks. I would like to comment about open table new issues are almost always bad investments the vast majority of these stocks are way over priced on purpose. I always recommend that investors stay away from these stocks and with the exception of stocks trading under 1 dollar that traded on the over the counter bulletin board or pink sheets. that if they decide to buy penny stocks they should stay with stocks trading between 1 dollar and 5 dollars a share that trade on the new york stock exchange or nasdaq. and only buy stocks that have up to date complete financial infomation available. apple computer was trading at only 5 dollars a share in 1998 today the shares trade at 340 dollars a share. and ford motors stock traded at just 1 dollar a couple years ago. today the shares trade at 16 dollars. their are many stocks today that once traded under 5 dollars a share. I think stocks under 5 dollars carefully chosen can sometimes be great great investments unlike new issues.
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