Date
21 August 2018

Tech

  • Atos to set up fifth global center in Chongqing, paper says

    Jan 29, 2014 8:51am
    French information technology services company Atos SE plans to set up its fifth global center in Chongqing to focus on the automobile industry, China Securities Journal reported Tuesday, citing a statement on the city government website. It has...
  • Alibaba posts profit ahead of potential IPO, Bloomberg says

    Jan 29, 2014 8:10am
    Alibaba Group Holding Ltd. swung to a quarterly profit ahead of a potential initial public offering, Bloomberg reported Wednesday. Net income attributable to ordinary shareholders was US$792 million in the three months ended September, up from a...
  • TCL to launch Xbox-like console this year, paper says

    Jan 28, 2014 12:18pm
    Chinese television maker TCL Corp. is releasing its first video game console similar to Microsoft Corp.’s Xbox later this year, China Daily reported Tuesday, citing a company executive. The Guangdong-based firm did not give a launch date....
  • Nippon Electric Glass sets up Xiamen LCD plant, paper says

    Jan 28, 2014 11:40am
    Nippon Electric Glass Co. Ltd., a leading Japanese manufacturer of specialty glass for flat panel displays, has agreed to invest 70 billion yen (US$681.68 million) to set up an LCD (liquid crystal display) factory in Xiamen,...
  • Everyone’s a winner as reality shows sweep China

    Jan 28, 2014 10:55am
    Before appearing in the singing competition series I am a Singer {我是歌手}, Hong Kong Cantopop singer-songwriter Gloria Tang Tsz-Kei {鄧紫棋}, nicknamed G.E.M. (Get Everybody Moving), was not so well-known on the mainland. But she instantly shot...
  • Hon Hai eyes NT$10 trln annual sales in 5-6 years, paper says

    Jan 27, 2014 11:44am
    Taiwan’s Hon Hai Precision Industry Co. Ltd., the parent of Foxconn Technology Group (02038.HK), is aiming for revenue expansion of 15 percent this year, much more than the annual growth targets in the past few years, Economic Daily...
  • Has Sina Weibo lost it?

    Jan 27, 2014 10:53am
    Has Sina Weibo lost it? That’s the question observers are asking as talk grows of more people switching to Tencent’s popular messaging app WeChat from the Twitter-like Sina Weibo. The China Internet Network Information Center (CNNIC) issued...
  • VAT scheme for telcos could begin in April, paper says

    Jan 27, 2014 10:41am
    The telecom industry could see business tax being replaced with a value-added tax regime as soon as April this year, Economic Information Daily reported Monday, citing what it said were authoritative sources. Under the new scheme,...
  • Next challenge for Chinese phone makers: the upgraders’ market

    - Jan 27, 2014 8:58am
    Major domestic smartphone makers have exceeded expectations in deepening their market penetration. But with nine out of 10 people forecast to own at least one smartphone this year, manufacturers would need more than just a low-price advantage...
  • Support policies for IC board industry on the anvil, paper says

    Jan 27, 2014 8:17am
    The Chinese government is said to have completed the drafting of a new round of support policies for the integrated circuit board industry, with an emphasis on supporting the design and manufacturing of such boards, the...
  • IBM-Lenovo deal likely to spark US security review, WSJ says

    Jan 24, 2014 2:53pm
    International Business Machines Corp. has agreed to sell its low-end server business to Chinese computer maker Lenovo Group Ltd. but the deal could spark a security review by the United States, the Wall Street Journal reported...
  • Tuniu.com targets US$100 mln US listing, paper says

    Jan 24, 2014 11:55am
    Domestic travel website tuniu.com is said to be planning to list in the United States to raise US$100 million, the National Business Daily reported Friday. It has reportedly appointed Credit Suisse and Morgan Stanley to handle...
  • Scramble on as tech players look for cloud cover in China

    - Jan 24, 2014 11:39am
    The booming business of cloud computing services was one of the few bright spots in IBM’s latest quarterly report, growing at a stunning 69 percent year on year in sharp contrast to sluggish sales elsewhere in...
  • Telcos may allow users to trade unused data quota, paper says

    Jan 24, 2014 9:37am
    China’s big three telecom carriers — China Mobile Ltd. (00941.HK), China Telecom Corp. Ltd. (00728.HK) and China United Network Communications Group Co. Ltd. (China Unicom) (00762.HK, 600050.CN) — may launch a service this year that allows...
  • CITIC 21CN deal could be Alibaba’s fund-raising Plan B

    - Jan 24, 2014 9:21am
    Everyone knows that Alibaba Group Holding Ltd., China’s biggest e-commerce company, has been eyeing an initial public offering in Hong Kong to raise funds, and also its plans to buy back some stake held by Yahoo...
  • Taiwan detains ex-Foxconn executive in bribery probe, SCMP says

    Jan 24, 2014 9:19am
    Taiwanese authorities on Thursday detained a former executive of Foxconn Technology amid a probe into suspected bribery involving suppliers, the South China Morning Post reported Friday. Three other ex-Foxconn employees, accused of taking bribes from suppliers, were...
  • 2011 Consumer Electronics Show (CES)

    The Big Picture: LENOVO DEAL

    Jan 24, 2014 8:30am
    Lenovo Group Ltd. (00992.HK) has agreed to acquire the low-end server business of International Business Machines Corp. (IBM) for US$2.3 billion, in what is said to be the largest-ever overseas tech acquisition by a Chinese firm. The...
  • Alibaba, Yunfeng Fund take 54.3% stake in CITIC 21CN, paper says

    Jan 24, 2014 7:53am
    Chinese internet giant Alibaba Group Holding and Yunfeng Fund have pumped US$170 million into CITIC 21CN Co. Ltd. (00241.HK), a subsidiary of CITIC Group, Shanghai Securities News reported Friday, citing company announcements. Alibaba and Yunfeng, a...
  • Lenovo to acquire IBM server business at US$2.3 bln, filing says

    Jan 23, 2014 6:19pm
    Lenovo Group Ltd. (00992.HK) has proposed to acquire the x86 server hardware and related maintenance service business of International Business Machines Corp. (IBM) for US$2.3 billion, the company said in a regulatory filing Thursday. The Chinese...
  • China tightens rules on online video, SCMP says

    Jan 23, 2014 3:04pm
    Chinese authorities are requiring makers of online films to gain licenses and report their content before it is posted, signaling a tightened regulatory regime on internet video content, the South China Morning Post reported Thursday. Under a...

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