Date
21 April 2018

Tech, Media & Telecom

  • iQiyi rides universal appeal of Korean star-crossed lovers

    - Feb 28, 2014 12:36pm
    She’s an actress, he’s an alien and the show is a close encounter that’s proving an out-of-this-world-smash hit in China. So much so that one online game developer in Xiamen reportedly gave its workers a day...
  • Dangdang returns to black in fourth quarter, filing says

    Feb 28, 2014 12:36pm
    E-Commerce China Dangdang Inc. reported a net profit of 21.7 million yuan (US$3.54 million) for the three months to December from a loss of 122.09 million a year earlier, the company said in a regulatory filing. It...
  • Ad-skipping browser riles video giants, paper says

    Feb 28, 2014 11:09am
    Beijing-based web browser Maxthon said it will keep its unique function that allows users to skip advertisements despite alleged intimidation and threats from domestic online video providers, Global Times reported Thursday. Since its Feb. 20 launch, the controversial...
  • A brand new TCL in the making

    - Feb 28, 2014 10:37am
    Tough competition and low margins in its traditional home appliances and mobile phone business is prompting TCL Group to turn its gaze to services such as video-on-demand and internet finance. The move underscores the pressure that...
  • Hainan inks deal with Alibaba for ‘digital city’, paper says

    Feb 28, 2014 8:55am
    Hainan government has signed a preliminary agreement with Alibaba Holdings to jointly develop the southern island province’s pilot area for international tourism into a digital internet city, the National Business Daily reported Friday, citing the local...
  • China Unicom 2013 net profit up 46.7%, filing says

    Feb 28, 2014 8:54am
    China Unicom (Hong Kong) Ltd. (00762.HK) reported on Thursday a net profit of 10.41 billion yuan (US$1.698 billion) for 2013, marking an increase of 46.7 percent over the previous year. Operating revenue reached 295.04 billion yuan,...
  • Tencent faces a less than perfect scenario amid buying spree

    - Feb 28, 2014 8:05am
    Like there’s no tomorrow, internet behemoth Tencent (00700.HK) has been snapping up assets left and right, the latest of which is restaurant rating site Dianping which was added to its e-commerce business portfolio earlier this month....
  • Huawei names Kenya CEO, Xinhua says

    Feb 28, 2014 7:23am
    Telecoms equipment maker Huawei has appointed a new CEO for Kenya to help expand uptake of information and communication technology services in the country, Xinhua reported Thursday, citing a company statement. The new chief executive, Dean...
  • Network superpower push to favor local firms, paper says

    Feb 28, 2014 7:09am
    President Xi Jinping {習近平} has vowed to build China into a network security superpower, the Securities Times reported Thursday, citing a China Central Television bulletin. According to CITIC Securities Co., Ltd. (06030.HK, 600030.CN), the central government...
  • China Mobile unveils integrated messaging service, paper says

    Feb 27, 2014 2:40pm
    China Mobile Ltd. (00941.HK) announced at the Mobile World Congress in Barcelona a new integrated communications service that allows customers to combine messaging, voice services and contacts on their handsets, Beijing Times reported Thursday. The new...
  • Dull market may bring exciting chance for Chinese handset makers

    - Feb 27, 2014 1:41pm
    After the excitement of the past two years, when the leading smartphone makers unveiled their most creative models onto the market, the year 2014 is fast turning out to be a tepid anticlimax — if one...
  • Mt Gox shutdown sparks China bitcoin gold rush, SCMP says

    Feb 27, 2014 9:28am
    Chinese investors rushed to buy bitcoin after the value of the virtual currency fell in the aftermath of the Mt Gox bitcoin exchange shutdown this week, the South China Morning Post reported Thursday. More than 30,000...
  • Baidu 4Q revenue pushes past estimates, WSJ says

    Feb 27, 2014 9:06am
    Dominant mainland search engine Baidu Inc. showed continued growth in ad sales by topping its hearty projections for fourth-quarter revenue, the Wall Street Journal reported Wednesday. The company’s total revenue increased by half to 9.52 billion yuan...
  • Alibaba may add Japan message app to line-up, paper says

    Feb 27, 2014 8:57am
    Alibaba Group, China’s largest e-commerce company, may soon acquire Japanese online messaging service provider Line Corp. as it seeks to cement its market position and compete with rival Tencent Holdings Ltd.’s popular WeChat application, Shanghai Daily...
  • Huawei to build Czech 4G networks, paper says

    Feb 27, 2014 7:58am
    Huawei Technologies Co. Ltd., the world’s second-largest telecommunications equipment vendor, said the company is going to construct a fourth-generation Long Term Evolution networks for three telecom carriers in the Czech Republic. Reuters quoted officials from Huawei’s Czech...
  • Hon Hai chief outlines benefits of BlackBerry tie-up, paper says

    Feb 26, 2014 12:51pm
    Hon Hai Precision Industry Co. chairman Terry Guo has outlined the benefits of his group’s partnership with BlackBerry, saying the Canadian firm’s strengths in information security and B2B solutions can help Hon Hai in its 4G...
  • China Telecom lets virtual operators set tariffs, paper says

    Feb 26, 2014 12:36pm
    China Telecom Corp. Ltd. (00728.HK) will leave its virtual network operators to set mobile tariffs themselves, a move market analysts say will trigger a price war among carriers, Economic Information Daily reported Wednesday. The Ministry of...
  • Weibo spinoff can be win-win for Sina, Alibaba

    - Feb 26, 2014 10:26am
    After last week’s blockbuster Facebook-WhatsApp deal, the internet industry appears set for more excitement in the coming months. According to media reports, Chinese online media giant Sina Corp. is looking to spin off its popular Weibo...
  • Tencent can do no wrong? Not so fast

    - Feb 26, 2014 10:12am
    Tencent shares have been scaling new heights. It’s a recurring theme powered by surging investor confidence in the company’s future. It seems the online game and social media giant can do no wrong. With a market...
  • Chairman Li to rebuild TCL from online out, paper says

    Feb 26, 2014 9:56am
    TCL Corp. (000100.CN) chairman Li Dongsheng said the electronics multinational will overhaul its business so that in five years it will be largely reliant on the internet and services will account for half of the company’s...

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