15 July 2018

Tech, Media & Telecom

  • China Mobile is offering an Apple package that is 64 percent cheaper than those in the market. Photo: Bloomberg

    China Mobile cuts prices to win hearts and minds of HK consumers

    - May 23, 2014 3:16pm
    State-owned China Mobile (00941.HK), one of the world’s largest wireless telecom operators, is trying to lower a psychological barrier that may be preventing it from gaining a bigger share of Hong Kong’s crowded mobile market. Amid consumer concerns...
  • Richard Liu, 41, has reason to smile like that. just made him China's newest tech tycoon with a record debut on NASDAQ. Photo: Bloomberg

    Rousing debut mints China’s newest internet tycoon

    - May 23, 2014 12:40pm
    It’s official. E-commerce giant Inc. is a US$57.14 billion company thanks to a 20 percent surge on its NASDAQ debut Thursday. China’s second largest e-commerce website after Alibaba also became the biggest tech IPO on...
  • Jonathan Jaglom, Stratasys AP Ltd. general manager for Asia Pacific and Japan, says lack of awareness about 3D printing is a big challenge.

    3D printer firm Stratasys rides China innovation wave

    - May 23, 2014 11:59am
    Stratasys AP Ltd., a leading 3D printer manufacturer, is looking to benefit from China’s switch from manufacturing to innovation. “If China is only about manufacturing, there would be less of a need for a 3D printer....
  • Tencent's Pony Ma plans to invest up to 10 billion yuan in Shenzhen's Qianhai district. Photo: Reuters

    Tencent wins 1.5 bln yuan site in Qianhai for Penguin Bank

    May 23, 2014 10:46am
    Tencent Holdings Ltd (00700.HK) on Thursday won a public auction for a land parcel in Shenzhen’s Qianhai district for 1.55 billion yuan (US$251.6 million), according to Shenzhen Land & Real Esate Exchange Center. The technology giant...
  • Alibaba has signed an exclusive deal to carry gaming app Dots on Taobao free of charge. Photo: Bloomberg

    Alibaba launches Dots free on Taobao

    - May 23, 2014 8:43am
    Alibaba Group Holding Ltd. will launch mobile game Dots on its online platform Taobao free of charge under an exclusive deal with its developer, the Hong Kong Economic Journal reported Friday. It is the first such...
  • The planned job cuts will affect almost all of HP's business units. Photo: Bloomberg

    Embattled HP to cut 16,000 jobs

    May 23, 2014 8:16am
    Hewlett-Packard will cut as many as 16,000 employees, or another 5 percent of its workforce, as the embattled technology company tries to turn its business around. The sackings are in addition to 34,000 layoffs previously announced by...
  • China Mobile chairman Xi Guohua (right) expects significant growth in 4G business revenue. Photo: HKEJ

    China Mobile continues to boost capex for 4G development

    - May 23, 2014 7:42am
    China Mobile (00941.HK), the nation’s largest mobile phone services provider, is boosting capital expenditure for development of its fourth-generation (4G) network, a business segment that will be the group’s major focus in the next five to...
  • Volvos are at the ready to take Yongche customers along for the ride. Photo: HKEJ

    Volvo hitches up to Yongche for China rental ride

    - May 22, 2014 5:08pm
    Volvo hitches up to Yongche for China rental ride Looking for cachet on wheels but don’t have the cash? Want arrive in comfort but don’t have much room to move on the budget? A Volvo rental could be...
  • Samung has outlined its aim to take a bite of the content market on mobile devices. Photo: Bloomberg

    Content the next battlefield for Apple and Samsung

    - May 22, 2014 2:29pm
    After flagging off a music streaming service called Milk Music in March, Samsung Electronics is now launching a video-on-demand streaming app, setting the stage for a new battle with US rival Apple Inc. in content offerings....
  • Chairman and CEO Yang Yuanqing says Lenovo is facing intense competition in China. Photo: Bloomberg

    Lenovo posts 28.7% profit surge, aims to be top tablet maker

    May 22, 2014 12:50pm
    Lenovo Group (00992.HK), already the world’s largest personal-computer maker, aims to be the largest producer of laptops and tablet computers in two years, the Hong Kong Economic Journal reported Thursday, citing chairman and chief executive Yang Yuanqing. Net...
  • Facebook is expanding its video advertising service to markets outside the US. Photo: Bloomberg

    The new ad model: short video on social media

    - May 22, 2014 11:07am
    What can one achieve in just 15 seconds? According to social media giant Facebook, it shouldn’t take more than that to sell a product or promote a brand. As the company expands its video advertising service...
  • Facebook will introduce a mobile application that will tell you the music or television show your friends are enjoying. Photo: Bloomberg

    As if drowning in your friends’ selfies were not enough …

    May 22, 2014 10:18am
    Are you sometimes tempted to unfriend some people on Facebook because they clutter your account with dozens of selfies — and that’s just in the past half hour — or snapshots of the breakfast they had...
  • Tencent's brand value has soared 97 percent to US$53.62 billion in the past year. Photo: Bloomberg

    Tencent top Asian brand in global ranking

    - May 22, 2014 9:03am
    Chinese internet giant Tencent is Asia’s most valuable brand, trumping China Mobile, the world’s largest mobile phone company by subscribers. Tencent’s brand value rocketed 97 percent to US$53.62 billion from last year, the Hong Kong Economic Journal...
  • China Mobile and its two major rivals collectively operate 600,000 mobile phone sales outlets nationwide, the biggest brick-and-mortar operation in the industry. Photo: Bloomberg

    Where’s the big three telcos’ internet spirit?

    - May 22, 2014 8:45am
    China’s telecom behemoths are literally bursting at the seams with all manner of technology but in reality, they’re closer to a brick-and-mortar operation than an internet-era industry. Consider this: China Mobile, China Telecom and China Unicom...
  • Baidu has rolled out a smart car product CarNet, tapping a new and fast-growing opportunity. Photo:

    Internet of cars: Tech giants’ latest battlefield

    - May 22, 2014 8:28am
    Taxi-hailing apps such as Didi Dache or Uber have drawn a lot of buzz in recent times, but the big story in the industry is now something else: internet of cars. Technology giants Apple, Google, Intel,...
  • eBay is the latest entity to reveal that it has fallen victim to a cyber attack. Photo: Reuters

    Ebay falls prey to hacker attack

    May 22, 2014 8:26am
    E-commerce giant eBay is asking its registered users to change their passwords after a cyber attack in which hackers were able to access passwords, phone numbers, addresses and other personal data on the online platform. An...
  • Apple is a global company but it needs to localize its approach to China. Photo: Bloomberg

    Ahrendts and Apple’s next big thing: China

    - May 21, 2014 2:42pm
    Angela Ahrendts has the future of the world’s most valuable company on her shoulders. The new retail head of Apple Inc. has been charged with steering the gradual transformation of the company’s retail business as rivals...
  • Smartisan founder Luo Yonghao talks about the features of Hammer phone at the product launch in Beijing on Tuesday. Photo: Xinhua/

    Hammer aims to be a smash hit in China smartphone market

    May 21, 2014 2:07pm
    No, it’s not what you want to do to your phone when its battery runs out and you can’t make an urgent call. “Hammer phone” is the nickname given to the latest smartphone model in the...
  • Do robots have a place in the boardroom? Photo: Bloomberg

    Big Data robot gets seat at corporate table

    May 21, 2014 1:39pm
    Artificial intelligence is getting a seat at the boardroom table with a Hong Kong-registered Japanese firm naming a robot as a company director, Sky Post reported Wednesday, citing the Daily Mail. Japanese venture capital firm Deep Knowledge...
  • Qvod Player's website cannot be accessed now. A notice posted on the home page says the company  will accept administrative penalties, and that it has begun to transform its business model. Photo: HKEJ

    Qvod may face 260 mln yuan fine over piracy

    May 21, 2014 1:00pm
    A notice of punishment was seen pasted outside the Shenzhen headquarters of internet video streaming operator Qvod on Monday, suggesting that the local market supervision authority plans to fine the company about 260 million yuan (US$41.67...

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