1st step to intelligent cars
EVEN if you are a newcomer to London, Paris or New York, you can drive through the zigzagging roads or back streets without getting lost with an intelligent transportation system (ITS) in your car.
Philips builds two bases for research
PHILIPS launched two research facilities recently in Shanghai and Xi'an, capital city of Northwest China's Shaanxi Province.
Container shipping brisk
CHINA'S composite index for export containers was 1,153.8 points yesterday, up 1.2 per cent over last week, Liu Xiaoliang, a spokesman with the Shanghai Shipping Exchange said.
Shopping from home the next big thing
HOME-SHOPPING is expected to net 5 to 8 billion yuan ($605-967 million) in total sales in 2005 and account for about 4 per cent of total retail sales in the city.
Centre to regulate ad market
SHANGHAI now has China's first advertisement clearing house established to level the playing field in the nascent advertising market.
More input urged to fund industrial R&D
INDUSTRIAL companies have been urged to allocate more sales revenue for research and development projects to maintain Shanghai's leadership in China's industrial development.
Housing sales in 15% yearly gain
THE property market in Shanghai achieved an increase of 21.1 billion yuan ($2.6 billion) in transaction value in 1999, a 15 per cent increase over 1998, according to the latest statistics released by Shanghai Municipal Statistics Bureau.
Huashan Rd 'Butterfly' for sale
KERRY Development (Shanghai) Co Ltd will begin sales of its new residential properties this month in Shanghai.
Lucent opens 4th China R&D centre
LUCENT Technologies, a US-based global telecommunication company, has opened its fourth China-based research and development centre in Shanghai to develop up-to-date technology on the next generation of high-speed switching and transmission systems.
Xilinx launches Virtex-EM family
XILINX, an innovator of complete programmable logic solutions, recently announced the launch in Shanghai of its Virtex-E Extended Memory (Virtex-EM) family, the company's newest family of FPGAs (field programmable gate array) that provides greater block RAM and higher memory bandwidth for special applications.
Website set up for express delivery
DAZHONG Group last weekend set up a website for express delivery services in the hope to increase its share of the competitive logistics market.
Nortel to speed Internet services
HELP is on the way for Internet surfers here who once suffered from the slow transmission speeds and high costs resulting from the narrow bandwidth of the Internet service providers (ISPs). Nortel Networks, a leading telecommunications company, is planning further involvement here. "China is the world's largest potential market for Internet and telecommunication industries," said Yuan-Hao Lin, chief technology officer of Nortel Networks (China) Co, citing the fact that China's Internet users have had skyrocketing growth in recent years. Predictions are that the number of Internet users will surpass 50 million before 2003, compared with the current number of about 10 million in the domestic market. Despite some insiders' speculations that the Internet is a huge bubble that will weaken the economy, Lin said Internet-related businesses, such as e-commerce, e-entertainment, e-mail, even e-life, will top the most booming sectors in the upcoming years. Facing such a growth opportunity, Lin said his company is to develop a new "revolutionary" optical Internet that is set to greatly improve the transmission efficiency of the Internet networks. Optical Internet - the Internet using optical fibre to transmit the data, voice and video - would be the major breakthrough for the backbone networks' transmission facilities. So far, Nortel is providing its customers a list of services, including the optical Internet, Internet Protocol phone services, and wireless Internet services around the world. Lin claimed market demand is destined to drive the current transmission bandwidth to broaden by 100 to 200 times within the next four years. (Star News)
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