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Baidu eyes wireless Internet as investment focus
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TMCNet:  Baidu eyes wireless Internet as investment focus

[September 03, 2010]

Baidu eyes wireless Internet as investment focus

Sep 03, 2010 (Xinhua via COMTEX) -- BEIJING, Sept. 3 (InfoChina) -- Baidu (BIDU.NASDAQ) is eyeing the wireless Internet business as a new investment focus, reported Cnstock.com, citing Baidu vice president Wang Zhan early on Friday.

The report said that the company would take advantage of its edge in PC netizen sector -- where Baidu boasts a 90 percent market share and expects to have 630 million Internet users by 2013 -- to seize the chances alongside China's integration of telecoms, cable, and Internet networks and the 3G mobile era.

On August 19 Baidu set up a wireless Internet department. Yue Guofeng, the department manager, said previously that Baidu will work to improve the wireless search engines and try charging mobile phone owners to use them.

The company will integrate more appliances into its search box to better user experiences, the report quoted Yue as saying.

Up to now, Baidu has struck up strategic partnerships with China Telecom (0728.HK) and China Unicom (600050.SH,0762.HK).

Moreover, a number of mobile phone producers such as Nokia, Sumsung, and Lenovo (0992.HK) have embedded Baidu search services in the Internet systems of their products. (Edited by Duan Jing, duanjing@xinhua.org)

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