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.

Wuxi-based Suntech Power Holdings, a manufacturer of crystalline silicon photovoltaic modules, has announced that it is the first solar company in Asia to be awarded the VDE Test Data Acceptance Program certificate in accordance with all the requirements of IEC 61215.

Japan's Toshiba and Jiangsu-based Nantong Fujitsu Microelectronics have signed a memorandum of understanding to set up a system LSI chip assembly and testing joint venture in Wuxi.

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.

Wuxi-based Suntech Power Holdings, a Chinese manufacturer of photovoltaic modules, recently announced that it had achieved a new world record conversion efficiency of 15.6% on a commercial grade multi-crystalline silicon PV module.

Despite the global economic slowdown, Luxembourg-based logistics company Logwin has opened a new operation in Zhangjiagang in southeast China.

Semiconductor company Hynix has announced plans to build a semiconductor back-end joint venture in Wuxi with Wuxi Industrial Development Group.

Circuit protection products company Littelfuse has announced restructuring plans which include consolidating the company’s Taiwan wafer fabrication facility into Wuxi in China.

Despite the slowdown in the global economy, Bridgestone Corporation, Japan's largest tire maker, has said that it plans to invest an additional USD98 million to expand the capacity of one of its plants in east China.

Achievo Corporation, a software outsourcing and information technology services provider, has opened a new research and development center in Wuxi, China.