Taiwan-based Hon Hai Precision Industry has announced plans to invest at least USD1 billion to build a new plant in Chengdu, capital of Sichuan province.

Chinese telecom equipment maker Huawei Technologies has announced the launch of its 2009 recruitment drive.

TCL Multimedia Technology Holdings has officially opened the group's LCD Integration Plant and held a ceremony for the third phase of TCL LCD Industry Park in Huizhou, Guangdong.

Hong Lei, webmaster of Tomatolei.com and maker of the pirated edition of Windows XP in China, has been sentenced to 3.5 years in jail in addition to a fine of CNY1 million.

Chinese B2C e-commerce company 360buy.com will start to explore the B2B market in China while continuing to enhance its existing B2C market.

U.S.-based consulting and outsourcing services company Amerson is setting up a global delivery center in Chengdu, Sichuan.

Chengdu-based Tianyin Pharmaceutical has received the production license of Tongbianling Capsules in dosage form of 0.25 gram per capsule and is due to market the new product in February 2009.

Zhong Shanshan, president of Nongfu Spring, told First Financial Daily that to support the earthquake relief of the disaster areas in Sichuan, Nongfu Spring will invest RMB300 million to build a mineral water factory in these areas.

Heart to Heart International Inc. and FedEx Express have delivered the first private airlift of relief supplies to China following a massive earthquake in Sichuan Province.

Zhang Zhengkui, special consultant to Terry Kuo, president of Taiwan based Foxconn, has donated RMB60 million to Sichuan earthquake victims on behalf of Terry Kuo, Foxconn Group and the company's employees. This is the largest sum of donation that Sichuan has received from a Taiwanese company.