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SAN FRANCISCO, March 7 (Xinhua) -- The world's leading hard rive producer Western Digital Corp. on Monday announced that it has agreed to buy Hitachi Ltd.'s hard disk drive unit for about 4. 3 billion U.S. dollars, a move that will create a dominant player in the industry.Western Digital said that it plans to acquire Hitachi Global Storage Technologies, a wholly-owned subsidiary of Hitachi Ltd., in cash and stock.The proposed combination will result in a customer-focused storage company with the industry's broadest product lineup backed by a rich technology portfolio, Western Digital said.According to their agreement, the resulting company will retain the Western Digital name and remain headquartered in Irvine in the U.S. state of California.The transaction has been approved by the board of directors of each company and is expected to close during the third quarter of 2011.With the purchase, Western Digital will claim 49.6 percent share of global hard disk drive unit shipments based on latest quarterly statistics, compared to 29.4 percent for Seagate Technology LLC, the industry's No. 2 supplier, research firm iSuppli pointed out.The deal will give Western Digital a lead of 20.2 percentage points over Seagate, up from a mere 2 points without the acquisition, iSuppli said in a research note released Monday.The acquisition will also allow Western Digital to enter the critical enterprise hard disk drive segment, where it currently is only a marginal player.Analysts believed that the purchase might be a consequence of declining hard disk drive shipments, which are being impacted by the rising sales of tablet computers, which don't use hard disk drives and are cutting into the sales of mobile PCs, a major market for hard drives."Amid weaker industry conditions, organic sales growth is more difficult to achieve, prompting hard disk drive suppliers to engage in acquisitions to gain market share," iSuppli noted.

BEIJING, May 5 (Xinhua) -- A Chinese official has vowed to take every possible measure to ensure food safety in the country, saying the government has decided to launch national overhauls this year on sectors including milk products, cooking oil, health foods, meat and alcohol.Zhang Yong, director of the executive office of the food safety commission under the State Council, or Cabinet, said in an interview with Xinhua that the food and drinks in these five sectors are consumed in enormous quantities each day and they will do great harm and have an extensive social impact if a problem arises.Through special campaigns to overhaul these five sectors and by solving the most prominent problems, the government aims to accumulate experiences and create administrative systems in a bid to prevent food safety incidents and raise the overall level of food safety, Zhang said.The central government initiated a prolonged and stringent fight against the illegal use of additives in food last month, detailing measures to intensify supervision, upgrade safety limits, and increase penalties for violators.Vice Premier Li Keqiang warned of the great harm from illegal additives in food at a high-profile national meeting last month, promising a "firm attitude, iron-hand measures and more efforts" in dealing with the problem.Zhang Yong admitted "China is in a period when food safety incidents are likely to arise" since the country's food industry is on a fast track for development and a large number of food producers and catering operators are running their businesses in a small-scale or scattered way."It makes it more difficult for the government departments to conduct supervision on food quality and safety," Zhang said."We will take every possible measure to consolidate the feeble foundation to ensure food safety and curb food safety incidents as soon as possible," he said.According to Zhang, the government will also make efforts to improve supervision and emergency handling capabilities, raise the credibility and personnel quality of the involved enterprises, and severely punish violators.The Chinese government made the moves after a series of food safety scandals emerged despite the authorities' efforts to revamp the country's food industry. They included steamed buns dyed with unidentified chemicals, the use of "lean meat powder", also known as clenbuterol, a kind of fat-burning drug, as well as the use of illegal cooking oil known as "gutter oil."

BEIJING, Jan. 26 (Xinhua) -- Chinese Premier Wen Jiabao Wednesday invited more foreign talents to continue their careers or start businesses in China, pledging better conditions for them.During a seminar with more than 20 veteran foreign experts at the Great Hall of the People a week before the Chinese New Year, Wen thanked the foreign friends for their contributions to China's achievements in 2010.Wen said 2011 is a new starting point for China's modernization, as the country implements its 12th five-year plan for economic and social development."China's development is much more associated with the world and the supply of talents than before," Wen said, adding that China will adopt a more open policy to attract overseas experts.Last year, foreign experts made more than 300,000 visits to China, according to Ji Yunshi, general director of the State Administration of Foreign Experts Affairs.

SAN FRANCISCO, April 7 (Xinhua) -- A latest research has shown that worldwide camera phone sales, driven by fast growing high- tier camera phone market, will top 1 billion units for the first time in 2011.According to the study by Strategy Analytics, a global independent research and consulting firm, sales of camera phones are projected to grow by 21 percent from 918 million units last year to 1.114 billion units in 2011, which will be the first time that annual volumes of camera phones have exceeded the 1-billion mark."The fastest growing segment of the camera phone market will be the high-tier. We forecast camera phones with sensors of eight megapixels and above to grow a healthy 240 percent worldwide during 2011," Neil Mawston, director at Strategy Analytics, said in a statement on Thursday.He added that smartphone vendors, such as Nokia and HTC, are increasingly loading their flagship models with more megapixels to deliver improved imaging quality for premium operator services.Statistics from Strategy Analytics show that some 4.2 billion camera phones have been sold worldwide since 2000.

N'DJAMENA, Feb. 16 (Xinhua) -- Chadian President Idriss Deby Itno said Wednesday while meeting visiting Chinese Foreign Minister Yang Jiechi that his country is willing to expand cooperation with China in infrastructure building, agriculture, health care and other fields.During the meeting with Yang, who arrived here Tuesday for an official visit, the president said the Chadian-Chinese relations are based on equality, mutual respect and noninterference in each other's interior affairs. He said China has successfully completed a number of aid projects in Chad, which greatly facilitated the social and economic development of the African country.Deby said Chad is willing to boost cooperation with China in such areas as infrastructure construction, agriculture and health care, and hopes to strengthen coordination with China on international affairs.For his part, Yang said Chad has undertaken the path of national reconciliation, political stability and social progress under the leadership of President Deby, and has made significant achievements in economic development and improvement of the welfare of the Chadian people.He said bilateral relations are developing rapidly since the re-establishment of diplomatic ties, with cooperation and exchanges at different levels significantly increased. The two sides have improved mutual political trust, supported each other on matters regarding each other's core interests, and seen continuous progress in trade and economic cooperation, said the foreign minister.Yang said China sees Chad as an important partner in Africa, and China is willing to further boost mutual political trust with Chad, expand trade and cooperation in infrastructure building, telecommunications as well as education sectors.The visiting Chinese FM also met with his Chadian counterpart Moussa Faki Mahamat Wednesday on further improving bilateral relations and cooperation.