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Korea - Taiwan's biggest LED maker challenges Korean market Source: The Electronic Times (Korea), 09 May 2008 Everlight Electronic, Taiwan's biggest and the world's 10th largest LED maker, will begin the operation in Korea once again. As Nichia, Osram and other global LED makers nested, Korea is predicted to become a venue for their fierce competition. Everlight has entered the Korean market by investing in Luxpia, a Korean LED maker. However, it is the first time for the company to begin operation directly in Korea. Particularly, it is targeting the Korean mobile phone makers like Samsung Electronics and LG Electronics. China - Alibaba ties up with Intel on SME-market PCs Source: AFX Asia, 12 May 2008 Chinese e-commerce group Alibaba.com has entered into a tie-up with Intel Corp for a PC targeted at small and medium-sized enterprises (SMEs). There are 42 million SMEs in China. However, only a small number of them have launched E-commerce services, which will significantly limit their growth. Alibaba sees a significant potential in this market and will embed its new E-commerce platform into the PCs, while Intel will provide support on Internet security and services based on its chip platform. China - Olympic Games push up HDTV demand Source: Xinhua Electronics News, 12 May 2008 Chinese demand for high definition (HD) flat panel TV is soaring, probably driven by the approaching Beijing Olympic Games, which will introduce HD technology to broadcast. About 90% of consumers in such big cities as Beijing and Shanghai will primarily choose to buy flat panel TV. Total sales of flat panel TV in Shanghai Gome Appliance amounted to RMB300 million (US$42.9 million) during the sales season in May. TV set producers' sales volume is expected to grow 10% to 30% in 2008, promoted by the Olympic Games.   View an example of our experience in this industry. Back to list of articles.  Visit our website to sign up for free intelligence on Asian markets.

This Weekly News Update is a free newsletter, providing a round-up of the week's Asia-Pacific news from our core industry practices. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.

Fusion Consulting is a business intelligence consultancy providing clear strategic advice on Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and 400 industry consultants in 16 countries, we conduct custom research and consulting to help companies understand their markets, compete more effectively and grow into new areas of opportunity. Email more@fusionc.com or visit www.fusionc.com for more information.