News Digest: April 7, 2011

The following press releases and media reports about Chinese companies were carried on April 7. To view a full article or story, click on the link next to the headline.

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◙ HTC (Taipei: 2498) passes Nokia, RIM in market value (Chinese article)

◙ ZTE (HKEx: 763; Shenzhen: 000063) Explains Tussle with Ericsson (Stockholm: ERICb) (Chinese article)

◙ China to Raise Fuel Prices Today After Crude Oil Costs Climb, Planner Says (English article)

◙ China Mobile (HKEx: 941; NYSE: CHL) Selects Spirent for Fibre Channel Switch Testing (Businesswire)

◙ US-China Based Ascletis Raises $100 Million from Private Chinese Investors (Businesswire)