Lenovo

MNCs in the News-2015-09-18

China and the US step up negotiations on a bilateral investment treaty (BIT). US companies face intensification of pressures to accommodate Chinese government’s information technology security anxieties. US backs off imposing sanctions against Chinese companies benefitting from commercial hacking activities. China’s General Administration of Quality Supervision, Inspections, and Quarantine tells FAW-Volkswagen to do more in regards to Sagitar defect. Chinese outward foreign direct investment (FDI) registers impressive growth in first eight months of 2015 and all of 2014 with One Belt, One Road (OBOR) investment continuing to soar. Lenovo is working to ensure its server products can be purchased by US government agencies. China will help set up infrastructure to promote China-ASEAN internet connectivity and the 21st Century Maritime Silk Road. Japan’s Kayaba Industries Co. pleads guilty to price fixing scheme and accepts large fine. Korea’s National Tax Service undertakes tax audit of Mercedes-Benz Korea. Korean government pushes foreign businesses to hire more workers, especially young workers. Indonesia is moving to implement incentives to boost foreign investment in refinery operations. Vietnam takes heed of complaints of Korean business community.

Dr. Amitendu Palit's picture

India as the New Destination for East Asian Assembling and Its Implications

Dr. Amitendu Palit
Posted: Aug 21, 2015

Chinese smartphone producer Xiaomi has tied up with Taiwanese electronics contract manufacturer Foxconn to manufacture mobile phones in India. The first batch of Xiaomi phones (Redmi 2 Prime) assembled by Foxconn in India’s southern state of Andhra Pradesh was launched recently. Greater low-cost phone production by Xiaomi in collaboration with Foxconn will be enthusiastically welcomed by Indian consumers given their voracious appetite for mobile phones:

MNCs in the News-2015-03-06

China’s draft counterterrorism law raises substantial concern among foreign companies. Foreign technology firms struggle to determine best way to defend their interests in China. Deputy Commissioner of State Intellectual Property Office (SIPO) asserts China’s intellectual property laws are not used to discriminate against foreign technology businesses. Premier Li Keqiang proclaims China will significantly revise Foreign Investment Catalog to reduce foreign investment restrictions. American Chamber of Commerce in Shanghai report indicates costs and operating challenges most concern foreign firms in China. Alibaba confronts penalties in Taiwan. Connecticut’s Attorney General investigates Lenovo’s pre-loading of Superfish software. Japan works to limit the power of Google. Japan moves to facilitate foreign investment with one-stop office. South Korean business and government leaders push multi-dimensional opportunities between the two countries. POSCO partners with Saudi Arabia sovereign wealth fund about possible automobile joint venture in Saudi Arabia.

MNCs in the News-2014-10-31

Hewlett-Packard networks to sell all or part of its H3C unit. China’s State Council opens, in principle, the domestic market to foreign clearing operations. Chinese industry association promulgates corporate social responsibility guidelines for Chinese outward mining investment. Xiaomi looks to start Indian data center to deal with worries about the security of user data. Lenovo-Google deal for Motorola Mobility concludes unexpectedly quickly. Japan and Turkey move to bulk up business and cultural cooperation. Japan rush to get gas from Louisiana shale oil plant in which Japanese firms invested. Japan expects new Indonesian trade minister’s multifaceted ties with Japan to boost economic links. South Korean court orders Japanese firm to pay compensation to World War II era slave laborers. Singapore moving to exploit multinational corporations growing interests in Southeast Asia. Taiwan’s Ministry of Foreign Affairs reports the situation of small- and medium-enterprises in China is troubled.