Huawei Takes a Minority Stake in 3Com Acquisition: Forecast Calls for Hot Air
Computerworld reports:
3Com Corp. announced on Friday that it has agreed to be acquired by a unit of investment firm Bain Capital LLC in a $2.2 billion deal that will also result in an affiliate of former joint venture partner Huawei Technologies Co. taking a minority stake in 3Com.
In addition, 3Com said China-based Shenzhen Huawei Investment [...]
Enough Cyberespionage, Let’s Party!
The Financial Times reports an interesting twist in the ongoing cyberespionage brouhaha:
The September edition of the Chinese Cadres Tribune was recalled quietly from circulation and replaced with a version that did not include the five-page article by Lou Qinjian, vice-minister of the Ministry of Information Industry.
…Russell Leigh Moses, a political analyst in Beijing, said Mr [...]
Retailing Microsoft Office in China: Microsoft, Lenovo, and Gome
Pacific Epoch reports that Gome and Microsoft have signed an agreement that Gome will only pre-install and sell legal copies of Microsoft software in its stores.
The deal has limited significance for Microsoft. While the Chinese market continues to be saturated with pirated software, Microsoft is slowly winning the battle. The Gome deal is [...]
A Hollywood Ending to the Great Panda Virus Caper
The Caper
In January of 2007 Kaspersky Labs received reports of a new and nasty virus in China that changed icons into pandas and stole IDs and passwords for online games and the QQ IM service. The virus was so terrible that the Shanghai Information Technology Service Center was driven to issue their first-ever five [...]
1.3 Billion Customers are for Suckers
Shanghai Daily reports that Dell has found a local partner to implements its retail sales strategy:
Under the deal, announced yesterday, Dell computers will be marketed in 700 Gome Electrical Appliance stores within three to five months, 70 percent of the chain’s total outlets in China, according to Gome Vice President Wang Junzhou.
There’s a quote from [...]
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