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.

U.S.-based Eastman Chemical Company has acquired Tongxiang Xinglong Fine Chemical Company, a cellulose-based specialty polymers manufacturing facility located near Shanghai.

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.

According to Chen Min, vice president of the Shenzhen-based PC company Hasee Computer, with the improvement of the cross-strait relationship, Hasee will enhance cooperation with Taiwan and the company is considering setting up a research and development center on the island.

Chinese e-commerce giant Alibaba.com has one less competitor to worry about as Ninetowns Internet Technology Group Company Limited is terminating its own B2B online sourcing website Tootoo.com.

Japanese television maker Hitachi may reduce its TV business on the Chinese mainland and cut up to 2,000 employees.

Chinese PC maker Lenovo has announced plans to cut 450 jobs in its global function departments in China and most of the adjustments are expected to be completed before the end of March 2009.

Fujitsu Quality Laboratory Limited has announced the establishment of a subsidiary in Suzhou which will offer local quality and environmental assurance services to companies in the electronics sector.

Taiwan-based technology manufacturing group Hon Hai Precision will become the general agent for Apple's products on the Chinese mainland and the company will start its large-scale deployment in the mainland channels market later this year.

Chinese monitor maker TPV Technology Group has announced plans to invest no more than USD15.4 million to acquire the exclusive rights of Philips' computer monitor business for five years.