A letter of intent has been signed between the Yandu District in Yancheng, Jiangsu, and the China Electronics Enterprises Association department of the Ministry of Industry and Information Technology, on the building of an environmentally-friendly electronic park in Yandu.

Chinese consumer electronics manufacturer NIVS IntelliMedia Technology Group, has signed an OEM and ODM service contract with U.S.speaker manufacturer and developer Acoustic Research.

U.S.-based Planar Systems' proprietary thin film electroluminescent display technology is to be incorporated in industrial products manufactured by Hong Kong company Jetronic Technology for the domestic China market.

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

Dongfeng Motor Corporation and U.S. based Freescale Semiconductor plan to establish a joint automotive electronics lab in China.

European electronics manufacturing services firm Elcoteq SE has decided to launch an intense global restructuring plan that will see one of its China facilities close.

Hong Kong Highpower Technology, Inc. a developer, manufacturer and marketer of nickel-metal hydride batteries and related products, has announced its growth expectations and business expansion plans following the company's recent listing on the American Stock Exchange.

Hexagon AB, a global measurement technologies company, has entered into an agreement to acquire the Chinese company Serein Metrology (Shenzhen) Co., Ltd.

According to Chen Weiliang, president of Foxconn International, Foxconn will move its factories from Shenzhen to northern Chinese provinces such as Hebei and Shanxi where the average salary is more than 60% lower than that of Shenzhen, to save costs.

Lenovo has celebrated the grand opening of its first fulfillment center in the United States.