Toshiba subsidiary Toshiba Semiconductor (Wuxi) Company Ltd. has signed an agreement with Nantong Fujitsu Microelectronics Company Ltd. on the establishment of an assembly and test joint venture in China.

China's "shanzhai" mobile phone manufacturers are planning to bring their production facilities to India to gain recognition of India's huge mobile phone market and obtain legal status for their products in India.

Chinese business process outsourcing firm iSoftStone Holdings Limited has closed a round of undisclosed amount of financing from a collection of private equity and venture firms.

In the midst of a clampdown in China on domain name registrations, Chinese business-to-business online company Alibaba.com has completed its share purchase agreement of a local website domain name registrar.

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.

Telecommunications International Limited, has signed a USD422.2 million contract with the Chinese telecom equipment manufacturer Huawei to expand its network in Indonesia.

South Korean LCD manufacturer LG Display has announced that it will invest over USD3 billion to build a Guangzhou-based LCD flat-panel plant, which will be the company's first LCD flat-panel factory in China.

Inspur Group, parent of Inspur International Limited, has announced that it has acquired the Xi'an research and development center of the German-based memory chip maker Qimonda AG for CNY30 million.

According to reports in Taiwanese local media, Taiwan's economic agencies will begin in July 2009 to discuss possibilities to lift limits on Taiwanese companies' investments in mainland China's high-end semiconductor industry.

Chinese home appliances maker Haier has announced that the company has become a major shareholder of the New Zealand's Fisher & Paykel Appliances via an equity financing program.