Microsoft released a statement Wednesday that the company will cancel the third quarter of this year, two in the European market launch of the original plan Kin series phones; the other hand, Microsoft will work with its local mobile operator Verizon Wireless to cooperate to sell the remaining in the United States Kin series phones. Market fell for the first-tier suppliers, and online games industry shows slump, Yahoo IFC investment in science and technology CEO Lin Jiaxi connection. Linjia Xi said Chinas online game industry caused by the market downturn for three reasons. First, growth in new users of online games is not before. Second, because of first-line gaming companies have been listed, they operate largely on the existing users in order to meet the requirements of the capital market must be to maintain stable growth performance, so not in the game for the existing value of the user to do too ARPU more articles. Did not occur again, the recent fine masterpiece. Like the film markets, if not large, the box office will not be good.
Since reform and opening, Chinas sustained and rapid development of communications, is also accelerating the pace of reform. In particular the Ministry of Information Industry in 1998 inception, conscientiously implement the Party Central Committee and State Council decision to implement the separation of enterprise in the industry, post and sub-camps and telecommunications restructuring, also set up provincial, district and municipal communications authority. China Telecom has formed a different size, different business enterprises of different ownership competition in the market, initially established a telecommunications regulatory system more complete. In a large development, implementation and management mechanisms to manage large systems change. In recent years, greater efforts in the communications industry in the reform, the case of a heavy task to overcome difficulties, to a relatively short time, through a number of developed countries need seven or eight years to finish the journey of reform and maintain the industrys development efforts unabated. Chinas fixed telephone and mobile phone users has reached 300 million 5 thousand households, the network scale ranks first in the world overall strength of the communications industry has achieved a historic leap.