News Digest: August 15, 2014

The following press releases and media reports about Chinese companies were carried on August 15. To view a full article or story, click on the link next to the headline.
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• China Mobile (HKEx: 941) Cuts $2 Bln From Phone Subsidy Budget (English article)
  Chinese Group Proposes To Buy US Chipmaker OmniVision (English article)
• Dangdang (NYSE: DANG) Announces Q2 Results (PRNewswire)
• UPS, Fedex Get Approval For Express Services In More Chinese Cities (English article)
• MediaTek: Xiaomi Chipset Technology Leaked To Spreadtrum (English article)
• Latest calendar for Q2 earnings reports (Earnings calendar)