Media Focus on Multinational Corporations





The world-leading toymaker Lego Group and Chinese internet giant Tencent unveiled on Sept 19 a sandbox game for Chinese players, the first mobile game developed between the two sides to provide a creative and safe digital experience. The game, dubbed Lego Cube, is developed and operated by Tencent Games under the license of the Lego Group, featuring Lego bricks, minifigures and other iconic Lego properties. (China Daily)


3M has vowed to expand investment in the safety and healthcare sector in China, as wealthy Chinese consumers express stronger demand for healthier lives and a better environment. '3M will continue to invest where we see opportunity, and investments in China in the areas of safety and healthcare will help us move toward our vision of having 3M innovation improve every life,' said Stephen Shafer, president of 3M China. (China Daily)


European aircraft manufacturer Airbus SE said it is witnessing the fast and stable growth of China's civil aviation market, and its A320 family final assembly line in Tianjin is increasing its capacity. Currently, Airbus assembles an average of four-and-a-half A320 aircraft a month in Tianjin, and it will deliver a total of 52 A320s this year. Early next year, it will produce five A320 aircraft a month, and by the end of 2019, it will produce six A320s a month, according to the company. (China Daily)


World leading food and beverage producer Nestlé launched its first organic full cream milk powder product Nido in China on Sept 20, to compete in the high-end organic dairy product market. The product was trial launched in China last year through the cross-border e-commerce channel last year. (China Daily)


Starbucks China launched its delivery services on Wednesday in Beijing and Shanghai before expanding to more than 2,000 stores in 30 cities in the country by the end of this year. This means more than half of its current Starbucks stores in China will be covered and the coverage will continue to grow in 2019. (China Daily)


Chinese e-commerce company Alibaba Group Holding unveiled on Wednesday its ambitious plans to develop a proprietary artificial intelligence (AI) chipset, and it said it will establish a semiconductor company to meet this goal.  The chip company is to be called Pingtouge, a name chosen by Jack Ma Yun, founder of Alibaba. The name is also the nickname of honey badger, a fearless animal that dares to challenge other, larger creatures. (China Daily)


Chinese tech giant Huawei said it has become one of the first fully owned technology companies in Qatar, state-run Qatar News Agency reported Wednesday. 'Huawei, a leading global provider of communications and information technology (ICT) infrastructure and smart devices, became one of the first technology companies with 100 percent ownership in Qatar,' Huawei said in a statement on Tuesday evening. (Global Times)

Swiss pharmaceutical giant Roche announced it will build an 863 million yuan ($125.87 million) innovation center in Shanghai's Pudong New Area. Set to open in 2019, it will be the company's third-largest strategic center after those in Switzerland and the United States. The state-of-the-art innovation center is expected to boost the city's top-level medical research and development capabilities by becoming a dream workplace for pharmaceutical scientists, said Shen Hong, head of medicinal chemistry and head of external innovation at Roche Innovation Center Shanghai, Roche R&D Center (China) Ltd. (China Daily)


Microsoft, SAP and Adobe make the announcement at Microsoft's Ignite conference in Orlando, Florida. Microsoft CEO Satya Nadella invited other companies and customers to join the initiative. The move comes as their customers increasingly adopt cloud software and infrastructure, which can make it more difficult to draw conclusions based on all the data stuck in various disparate systems. (CNBC)


Tencent Co Ltd will take more efforts in building intelligent risk-prevention system based on advanced technologies, aiming to enter the field of financial risk prevention and control, according to the company's top management. 'With the development of financial technology and the innovation of transactional means, financial crime has become more hidden and complicated, posing big threat to the current financial risk-prevention system,' said Lan Liehua, vice-president of Tencent Financial Technology. (China Daily)


Starbucks Corp is planning to make 'significant changes' to its organizational structure, while an industry expert said the coffee giant's new delivery services in China won't serve as a major boost. According to a letter sent to employees by CEO Kevin Johnson, the restructuring, which could include corporate layoffs, is an attempt to combat the popular coffee retailer's falling sales and reignite investor interest, Bloomberg reported on Monday. (China Daily)


German auto maker BMW will recall more than 7,800 cars in China over defects with the exhaust gas recirculation (EGR) systems or the fuel pump systems, according to the country's market regulator. BMW China Automotive Trading Ltd. will recall 939 imported diesel-powered X5 vehicles manufactured between July 19, 2013 and June 5, 2015, starting from Oct. 29, according to a statement from the State Administration for Market Regulation. (China Daily)


Nissan Motor Co. said Wednesday that inspectors giving priority to meeting shipment schedule while having insufficient recognition of the importance of inspection were among the major reasons behind its data fabrication scandal revealed. The Japanese automaker said in a report to the Transport Ministry that 'due to prioritization of the need to meet production and shipment plans, the importance of inspections was not sufficiently recognized at plants.' (