Three new investors have committed capital to expand Semiconductor Manufacturing International Corporation's new research business in Shanghai. Huawei, a Chinese telecom device maker; IMEC, a nanoelectronics research and development center; and Qualcom…

First-quarter expansion would have been less than 6% were it not for collapse in price of materials

Alibaba Group may soon enter into an agreement with Micromax, a mobile phone manufacturer in India, to purchase a 25% stake in the latter for USD700 million. According to reports in Indian local media, this will become the first time for Alibaba to buy Indian phone maker shares as a foreign investor if the deal […]

Beijing launches emergency measures to halt equities slump