Authorities destroy fake 3Com cards after raid The Guangdong Provincial Technical Supervision Bureau last week destroyed more than 3,500 fake 3Com network interface cards. The cards were confiscated after a raid on a Shenzhen factory in August last year and included 2,000 partially complete cards and 1,550 finished pieces. Raw materials used in manufacturing the fake cards were also confiscated and destroyed. Vanda in China financial projects worth $73m Hutchison Group subsidiary Vanda Systems and Communications has announced a series of technology projects with mainland banks and financial institutions. The contracts, worth more than $73 million, are to supply customised systems and applications for key institutions, including the People's Bank of China. Loh Tiak Koon, chief executive of Vanda Group, said a deal with China Foreign Exchange Trade Centre involved installing network equipment and services for 37 branches and 1,000 members across the mainland. Vanda set up the projects, all finalised during the past three months, with help from IBM and Cisco Systems. C&T Integration nets $2m network contract Computer and Technologies Integration has won a 2.2 million yuan (HK$2.06 million) contract from Hai Tong Securities to install a new network to provide Hai Tong with full redundancy for its existing network, providing a back-up connection to avoid data loss during stock transactions, even during incidents at the securities exchange. IBM takes lead in Hong Kong storage market IBM China/Hong Kong has taken first place in Hong Kong's storage systems market during the first half of this year. IBM captured 34.7 per cent of market revenue, gaining 9 per cent market share from competing storage firms. While IBM recorded 17.8 per cent growth in storage system revenues, its nearest competitor saw revenues fall by 20 per cent. SanDisk expands retail presence in mainland Removable storage giant SanDisk has signed up its first three retail distributors in China and its products are now available from more than 200 outlets. Regional computer resellers Genuine C&C and Princeton Technology C&C and camera reseller Nice Gain Digital will distribute SanDisk's flash memory cards, USB drives, digital photo viewers, card readers and card adapters.