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China 'needs 4,960 planes by 2031'

China will need 4,960 commercial planes over the next 20 years, representing a value of $563 billion, the official Xinhua news agency said Tuesday, as air travel demand is expected to increase.

dateNov 13, 2012 in Business
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Lenovo overtakes HP as biggest PC maker

Worldwide shipments of PCs fell sharply in the third quarter, as some consumers spent their electronics dollars on smartphones and tablets and others held off for a new version of Windows.

dateOct 10, 2012 in Business
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Obama blocks Chinese purchase of US wind farms

(AP)—Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare ...

dateSep 28, 2012 in Energy & Green Tech
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Apple faces new legal challenge in China

A Chinese technology firm has filed a legal challenge accusing US giant Apple of infringing its patented voice recognition software with its Siri function on the iPhone, the company said Saturday.

dateJul 07, 2012 in Business
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China court: Apple pays $60M to settle iPad case

Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.

dateJul 02, 2012 in Business
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Alibaba.com $2.5B privatization bid approved

(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...

dateMay 25, 2012 in Business
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Chinese court seeking to mediate iPad dispute

(AP) -- A Chinese court is mediating between Apple Inc. and the Chinese company challenging its right to use the iPad trademark, seeking to get the companies to settle an awkward standoff over the issue.

dateApr 23, 2012 in Business
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Apple assembly line gets pay raise, fewer hours

(AP) -- Chinese workers who often spend more than 60 hours per week assembling iPhones and iPads will have their overtime hours curbed and their pay increased after a labor auditor hired by Apple Inc. inspected ...

dateMar 30, 2012 in Business
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