News
BEIJING -- China's government will subsidize appliance purchases by citizens in its poorer regions as part of a massive program aimed at recharging the domestic consumer electronics industry.
Under the new program, called Delivering Appliances to the Countryside, farmers will be given 13% subsidies toward the purchase of new refrigerators, washers, televisions and cellphones. The program set a goal of 480 million units sold under the program over the next four years.
China's National Bureau of Statistics estimates penetration rates of 94 color TVs, 26 refrigerators and 46 washing machines per every 100 rural households, well behind the marks of 138 color TVs, 95 refrigerators and 97 washing machines for every 100 urban households, according to published reports.
Under the new program, called Delivering Appliances to the Countryside, farmers will be given 13% subsidies toward the purchase of new refrigerators, washers, televisions and cellphones. The program set a goal of 480 million units sold under the program over the next four years.
China's National Bureau of Statistics estimates penetration rates of 94 color TVs, 26 refrigerators and 46 washing machines per every 100 rural households, well behind the marks of 138 color TVs, 95 refrigerators and 97 washing machines for every 100 urban households, according to published reports.
CHICAGO -- Research In Motion is asking a US court to invalidate a previous agreement with Motorola under which the firms agreed not to recruit each others' employees.
In a suit filed in a Chicago court, RIM, the world's top maker of smartphones, asserts improper and unfair competitive practices on the part of Motorola is preventing the hiring of perhaps thousands of laid-off workers. The terminated Motorola workers had signed nondisclosure agreements which in effect would make them unhirable by competitors.
In a suit filed in a Chicago court, RIM, the world's top maker of smartphones, asserts improper and unfair competitive practices on the part of Motorola is preventing the hiring of perhaps thousands of laid-off workers. The terminated Motorola workers had signed nondisclosure agreements which in effect would make them unhirable by competitors.
SHANGHAI -- Hon Hai will relocate tens of thousands of employees to lower-costs Chinese cities to take advantage of tax benefits and cut costs, according to published reports.
In order to cut operating costs by 20%, Hon Hai (Foxconn) will move up to 160,000 workers from a campus in Shenzhen farther inland to Wuhan and Jincheng, China Tech News said.
Press Releases
- Altus Reports Growing Demand for Guidance on Convection Reflow Oven Specification
- Coherix Opens New Adhesive-Dispensing Vision Center in Europe
- Pan Pacific Strategic Electronics Symposium Program Finalized
- The Most Critical 2 Inches in SMT Manufacturing – When a Splice Fails, the Line Fails, Full Stop. Throughput and Yield Depend on One Overlooked Moment