Qihoo 360 Offers Portable WiFi Router
Qihoo 360 Technology Co (NYSE: QIHU), the developer of China's most used antivirus software, is reportedly planning to manufacture an easy-to-use wireless network router known as 360 Pocket WiFi. Users just need to connect the device with a USB port on a computer to create WiFi coverage, without any other installations or settings. The router would only be 19.9 yuan ($3.25). This is another move for Qihoo 360 to step into the hardware market after it teamed up with Nokia Corp (NYSE: NOK) to make a tailor-made phone late last year.
China Unicom 3G Customer Addition Nets 4 Million in May
China Unicom Ltd (NYSE: CHU, HKG: 0762, SHA: 600050) said net addition of 3G service users was 4 million in May, down 1.8% from April as net loss of 2G users climbed to record monthly high of 270,000. China Unicom is expected to post larger net addition of 3G services as more mobile service users are upgrading to higher generations.
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