Posts Tagged ‘China Electronics Corporation’

Dazhong To Sign Exclusive Cooperation Agreement With Nokia In China

According to an insider of Chinese electronics retailer Dazhong, Nokia (NOK) has agreed to sign an exclusive cooperation agreement with the appliances retailer to make Dazhong the first seller of Nokia’s new handsets in Beijing in September 2008.


CEC Plans To Sell Stakes In China Digital Cable TV

China Electronics Corporation has put the 45% of its stake that it holds in China Digital Cable TV Co., Ltd on sale at the Beijing Equity Exchange with a reference price of CNY450 million, which is the same as its initial investment in the company.


Great Wall Denies Plans To Acquire Amoi’s Laptop Business

Shenzhen-based Great Wall Computer Company has denied a rumor saying that Great Wall Computer will acquire the laptop computer business of Amoi.


CEC Will Eliminate 400 Subsidiaries Within Year

Xiong Qunli, president of China Electronics Corporation, has told Chinese media that CEC will conduct a major business restructuring and adjustment in the coming three years and reduce the number of its subsidiaries by 50%, which is about 400, within the year.