Hong Kong-based China Light & Power said mainland power supplies could exceed demand next year and for the two following years as new plants come on line. Speaking at a Singapore energy conference, CLP Power Asia Executive Director Stefan Robertson said while China would add 30,000 megawatts of power supply a year, demand growth would […]
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Leading contract chip maker Semiconductor Manufacturing International Corp, which just opened its new facility for making large plate 300 mm wafers, said it will produce high-end 90-nanometre semiconductors for Texas Instruments, the world's top mobile phone chip supplier. Test samples will be delivered in next year's first quarter.
Ministry of Commerce data showed an expanded European Union is now on the verge of displacing Hong Kong as China's biggest investment and trading partner. Sino-EU trade volume has been growing at over 30% a year, topping US$111.64 billion in the first eight months of this year�up 36.6% over the same period a year earlier. […]
US-based video game producer Electronic Arts said it would hire as many as 500 people for its new mainland studio to develop online games in China. International Data Corp estimates the online games market should grow fourfold, to US$622 million, between now and 2007. Online players pay around RMB 0.3 yuan an hour to compete […]
Kerry Properties announced yesterday that Kerry Electricity Jiangxi, a wholly owned subsidiary, had signed a HK$4.71 billion (US$603.84 million) joint-venture agreement to build and operate a 2×600 MW coal-fired power plant in Jiangxi province. Kerry Electricity will take a 33% stake in the venture, with the remaining shareholding held by three mainland partners.