Sohu Launches Smarter Browser
Sogou.com, the search engine operated by Chinese web portal Sohu.com Inc (Nasdaq: SOHU), released the beta version of a smarter Sogou Browser, which is embedded with a recommendation feature. The recommendation feature proposes content similar to the page being viewed, allowing viewers to search without opening another search box or typing keywords. The recommendation feature currently offers tips related to news, shopping, videos, comics, gaming and travel, and will expand in the future.
Qihoo 360 Rumored to Be Improving TheWorld Browser
Qihoo 360 Technology Co (NYSE: QIHU), the developer of China's most used antivirus software, began developing a new version of TheWorld browser in May, Sina Tech reported. The new browser, which simulates Google Chrome, will reportedly have a clean and simple design and add what Google Chrome lacks, such as the function to support online banking in China. Qihoo 360 acquired TheWorld in 2011 from Phoenix Studio, the browser's original developer.
TV Makers See Drops in Shipment
Skyworth Digital Holdings Ltd (HKG: 0751) and TCL Corp (HKG: 1070), two Chinese TV makers, said their LCD TV sales totaled 336,000 and 282,000 units respectively in China in June, down 17% and 35% year on year respectively. The decline was due to the expiration of government subsidies for energy-saving home appliances, which ended May 31, CCB International says in a market research report. Skyworth saw stronger resilience than TCL as it shipped more higher-end products overseas.
Poly June Sales Rise from May and Fall from a Year Ago
Poly Real Estate Group Co (SHA: 600048), China's second largest developer by market value, said it sold 1.02 million square meters in floor space valued at 1.23 billion yuan in June. The sales volume was up 7% month on month and down 22.1% year on year, and the value was up 10% month on month and down 20.7% year on year. Average selling price rose 3% month on month to 12,115 yuan/square meter in June. In 1H 2013, Poly sold 5.62 million square meters in floor space valued at 63.63 billion yuan, or 11,324 yuan/square meter, up 28%, 27% and down 1% respectively from a year ago.
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