Nokia launched three new phone models on Thursday, unveiling the handsets in China as it targets new clients in fast-growing emerging markets. All three new models, the Nokia 1112, 2310 and 2610, are expected to hit shops in the April-June quarter.(CE.cn)

SVA Group's SVA Communications Co, Baosteel's Shanghai Baosight Software and Changan Group's CAIT have teamed up with foreign IT giants including Oracle and IBM. SVA and Oracle opened a research hub called the SVA-Oracle Center of Excellence for High-tech Manufacturing in Shanghai yesterday. SVA Communications, founded in 1999 with 150 million yuan (US$18.63 million) in registered capital, has attracted clients such as China Mobile and Founder using Oracle's enterprise resource planning software. (Shanghai Daily)

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