Guangdong Galanz Enterprise Co., the world?s largest microwave-oven maker, will miss its earlier full-year profit estimate because of the yuan?s appreciation and rising labor costs, the paper said, citing the company?s export director Jackie Liu. Almost 60 percent of the company?s output is exported and labor costs have risen 50 percent, he said.

Galanz is now seeking export prices based on an exchange rate of 6.77 yuan to the U.S. dollar from a previous 6.83 yuan, he said.

Haier Group Co. may increase prices to offset the pressure of currency appreciation, the English-language newspaper said, without citing anyone.

Source : Konaxis

Chen Weiming, president of Zonbo Media, has told the local media that their plans for building the mobile phone film industry base has been approved by Chengdu Municipal Government, and it is designed to be a standard production site for mobile phone manufacturers, mobile phone films, mobile phone games, cartoons, accessory components suppliers and operators.

However, Chen has not disclosed the detailed amount to be invested on the project.

At present, there are up to 600 million mobile phone users in China. This is deemed to be a great potential for China’s mobile phone film industry.

Source : Chinatechnews

A consumer surnamed Wang told media that she was persuaded by a sales agent from Nanjing Tietong who claimed that she would be given a complimentary RMB1000 calling voucher if she paid RMB1000. She paid the fee as prepayment and an additional RMB200 which was said to be used to activate the prepayment, but it later turned out that the service she paid for could not be used at all.

Aside from Wang, a lot of other consumers are complaining about Nanjing Tietong for a delay in canceling their services. An 80-year woman said a so-called salesperson of Nanjing Tietong came to her home in June last year and lured her to use Nanjing Tietong’s long distance services saying that it would offer her more benefits, but after she paid RMB200 and realized that there was no benefit at all and wanted to cancel the service, she could not get through to Nanjing Tietong.

Dong Wei, a representative from Nanjing Tietong’s After-sales Department, says that consumers can directly go to Nanjing Tietong to cancel the service or ask for refund if they are not satisfied with the company’s service. Dong says as Nanjing Tietong has subcontracted some service to some agent companies, there are some difficulties for it to manage those companies that hire sales persons of different qualities. Dong admits that some of their services are not necessary for the consumers at all, but the salespeople might lure consumers to use the service in order to increase their own sales performance.

Xue Zhengyi, a commissioner of Nanjing Political Consultancy Commission, says that Nanjing Tietong is damaging its own image by sub-contracting its businesses to some irresponsible third parties.

Source : Chinatechnews

Google says the new domain name, which is one of the shortest in the world, is more friendly to Google’s fans in China as it is easier to type and easier to remember.

This new domain name, which is designed especially for Chinese users, is probably one of the most important steps that Google has taken for localization in China. However, Google says that the original domain name Google.cn won’t be canceled with the appearance of G.cn, for it still stands as a standard domain name for Google China.

A search engine market survey released earlier shows that Baidu accounts for 74.5% of the search users in China, while Google only took about 14.3%. The appearance of the new domain name is expected to win more users for the embattled company’s operations in China.

Source : Chinatechnews