Date
25 May 2018

Tech

  • Taiwan clears Xiaomi proposal with conditions, paper says

    Oct 29, 2013 10:00am
    Chinese mobile phone maker Beijing Xiaomi Technology Co. has been given the nod Monday by Taiwan’s Ministry of Economic affairs to set up a unit on the island for sales and maintenance business of its phones...
  • Apple 4Q Greater China revenue up 6%, statement says

    Oct 29, 2013 9:56am
    Apple Inc.’s Greater China revenue rose 6 percent year on year to US$5.73 billion in the fourth fiscal quarter, the company said in a statement Tuesday. Its total revenue during the period climbed 4 percent to...
  • Taiwan legislators seek ban on mainland 4G equipment, paper says

    Oct 29, 2013 9:52am
    Several Taiwanese legislators from the opposition Democratic Progressive Party on Monday have asked the government to ban the purchase of 4G telecommunications equipment from mainland China on security grounds, Want Daily reported Tuesday. One of them...
  • Tonic raises HK$1.92 bln in private placement, filing says

    Oct 29, 2013 7:38am
    Consumer electronics maker and retailer Tonic Industries Holdings Ltd. (00978.HK) sold about 940 million new shares through private placement on Tuesday at the price of HK$2.05 (US 26 cents) per share, a 22.3 percent discount compared...
  • Rise of web-based insurers changes non-life insurance ecology

    Oct 29, 2013 7:30am
    Non-life insurers saw an average 20 percent earnings growth in the first three quarters, according to the China Insurance Regulatory Commission. Although that’s a decent expansion clip, the rise of web-based players is posing an increasing threat...
  • Sohu posts US$65 mln net loss in 3Q, statement says

    Oct 28, 2013 6:10pm
    Sohu.com Inc. (SOHU.US), a Chinese online media company, recorded a net loss of US$65 million for the three months to September after paying a special dividend of US$82 million to shareholders of Sogou, its search engine unit. Total revenue...
  • China Telecom Jan-Sept net profit up 17.1%, filing says

    Oct 28, 2013 3:00pm
    China Telecom Corp. Ltd. (00728.HK) posted a net profit of 14.71 billion yuan (US$2.42 billion) for the nine months to September, up 17.1 percent from the same time last year, according to a stock exchange filing...
  • Xiaomi seeks to set up sales unit in Taiwan, paper says

    Oct 28, 2013 10:50am
    Chinese mobile phone maker Beijing Xiaomi Technology Co. has submitted an application to Taiwan’s Ministry of Economic affairs for permission to set up a phone wholesale and retail unit on the island, Commercial Times reported Monday,...
  • Ministry cultivates ag e-commerce info service, paper says

    Oct 28, 2013 10:07am
    The Ministry of Commerce is building a website to give farmers more accurate information about online demand for agricultural products, Beijing Business Today reported Monday, citing Nie Linhai, deputy inspector of the ministry’s e-commerce and information...
  • HTC faces the essential question

    Oct 28, 2013 9:28am
    How much longer can HTC hang on? This question came up in a recent blog under the IT section of the 21st Century Business Herald regarding the Taiwanese smartphone maker’s shaky future after it slid into...
  • Danger lurks in internet funds’ untested waters

    Oct 28, 2013 7:28am
    In just two years, the internet finance market has exploded from nothing to a field with about 30 competing investment products, according to the China Securities Journal. The offerings have surged in popularity with the promise...
  • Huawei allies with Dubai construction firm on IT, Xinhua says

    Oct 28, 2013 6:38am
    Huawei and Dubai-based infrastructure company Drake and Scull International (DSI) will work together on information and communications technology projects in the Middle East and Northern Africa, Xinhua reported Sunday, citing a joint statement to the Dubai...
  • Alibaba founder and chairman Jack Ma said if the company lists in the United States

    Alibaba won’t list in HK without partnership set-up, Ma says

    Oct 25, 2013 5:40pm
    By Ayishah Ma in Hangzhou Just a day after top officials of Alibaba Group said the e-commerce giant still preferred Hong Kong as the venue of its initial public offering, its founder and chairman Jack Ma...
  • China online spending world’s second largest in 2012, paper says

    Oct 25, 2013 10:34am
    Chinese consumers spent a total of US$126 billion on online shopping in 2012, next only to the US$206 billion spent by consumers in the United States, which had the No.1 rank, China News Service reported Thursday,...
  • China Unicom Jan-Sept net profit up 53.6%, filing says

    Oct 25, 2013 10:14am
    China Unicom (Hong Kong) Ltd. (00762.HK) said on Thursday that its net profit for the nine months to September stood at 8.37 billion yuan (US$1.38 billion), up 53.6 percent compared to the same period last year....
  • Mobile carriers must stamp out spam messaging, MIIT says

    Oct 25, 2013 9:42am
    The Ministry of Industry and Information Technology (MIIT) said spam text messages are tough to stop but mobile operators are ultimately responsible for the problem, People’s Daily reported Thursday, citing Zhu Jun, deputy director for MIIT’s...
  • Govt unveils information industry blueprint, paper says

    Oct 25, 2013 9:20am
    China has released a blueprint for the information industry through 2015, China Business News reported Friday, citing the Ministry of Industry and Information Technology. Under the plan, the country envisages more than 850 million netizens by...
  • Ministry to boost internet backbone, website says

    Oct 25, 2013 9:02am
    The Ministry of Industry and Information Technology will add seven new internet backbone nodes, bringing the total to 10 nationwide, news website caixin.com reported Thursday, citing Zhu Jun, deputy director general of the Department of Telecommunication Development....
  • HKEx chief urges rethink of partnership structure

    Oct 25, 2013 7:44am
    Hong Kong Exchanges and Clearing Ltd. (HKEx) (00388.HK) should reconsider its rules on partnership structure and not close the door to innovative, trend-setting companies, chief executive Charles Li said in a blog post Thursday. The remarks...
  • Alibaba chief executive Jonathan Lu says the group hopes to return to Hong Kong at the right time while its plan to list in New York is not yet final.

    Hong Kong bourse remains top priority for Alibaba’s listing plan

    - Oct 25, 2013 6:00am
    E-commerce giant Alibaba Group said Hong Kong remains its preferred destination for an initial public offering, although it has reportedly secured informal approval to list in New York.  For the moment, the company does not consider...

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