Motorola will lay off 3,000 people; postpone spin-off mobile phone business
Motorola will lay off 3,000 employees, and put off spin-off the loss mobile phone business; moreover, the company claimed to their performance had declined, which could caused the fourth-quarter achievements below market expectations.
Motorola Q3 has 397 million U.S. dollars net deficit; Company will not lay off employees in China
Motorola announced the fiscal report in third-quarter; net loss is 397 million U.S. dollars, which is the seventh consecutive quarter of declining sales of mobile phones.
Ren Weiguang leaves Motorola, which is the chain reaction of financial crisis
According to the news on Oct.31, 2008, global vice president of Motorola, General Manager of China Mobile Terminal Business Department, Ren Weiguang this week will officially decide to leave Motorola.
United States will provide relief assistance of 1 million U.S. dollars to Pakistan
U.S. Agency for International Development on 30th, issued a statement declaring that the United States would provide relief assistance of 1 million U.S. dollars to the victims of the earthquake-disaster area in Pakistan through international agencies and non-governmental organizations.
The Chinese government donated 1 million U.S. dollars to the Pakistan earthquake-disaster area
Chinese Ambassador in Pakistan Luo Zhaohui at the presidential palace on the 30th, met with Pakistani President Zardari, and handed over the president’s message of Chinese President Hu Jintao on the Balochistan earthquake Zardari, with sympathy and on behalf of the Chinese government and people donated 1 million U.S. dollars of spot exchangeto the disaster area.
SCO’s member countries held the seventh meeting of the Prime Minister
SCO, the seventh meeting of the Prime Minister of Shanghai Cooperation Organization’s member countrieson on 30th was held in Kazakhstan’s capital, Astana.
SCO: deepen cooperation and common development
At the meeting, the Prime Minister continued to carry out the “long-term good-neighborly Treaty of Friendship and Cooperation of Shanghai Cooperation Organization member countries” and the Dushanbe summit consensus, deepen pragmatic cooperation between member states and study how to deal with the current international economic situation, to deal with common challenges and achieve mutual benefit in win-win situation.
SCO will set up the disaster relief center
Premier Wen Jiabao at the wide range of meeting speeched that the Chinese side is willing to further strengthen communication with the other members of the coordination, in a firm, responsible and timely manner take effective measures to minimize the impact of financial crisis.
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