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.
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).
Huashan Rd 'Butterfly' for sale
KERRY Development (Shanghai) Co Ltd will begin sales of its new residential properties this month in Shanghai.
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.
Lucent opens 4th China R&D centre
By Zeng Min
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. Up to now, Lucent has pumped $15 million into its four R&D centres in China with projects in the IT-related sector, such as optical and wireless networks, Internet infrastructure and high-speed switching and transmission, said Ahmed Nawaz, president of Lucent's Integrated Circuits Division. The global market for communi-cation systems, software and support services will jump to $815 billion from $480 billion last year, and China is expected to be the growth leader at an annual rate of 22 per cent during the period, he said. The Network Communication Centre of Excellence, in Jiaotong University, a leading technology university in China, will help keep China abreast of global technology upgrading. All the researchers will be recruited from leading Chinese universities. It has already recruited 40 from Chinese universities including Jiaotong and Qinghua universities, Beijing, and the workforce will grow to 80 by the end of the year. Lucent will set up an R&D centre in Shanghai later this year to develop latest optical communication networks, systems, solutions and service, Nawaz said. The anticipated centre will be Lucent's major R&D centre for global optical communication business. Lucent will transfer R&D projects in its research and development centres in Europe and the United States to the Shanghai-based centre, which will recruit more than 500 researchers here to serve Lucent's global market, he said.
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