TAIPEI, June 24 — Apple Inc’s suppliers will begin mass production of new iPhones in China next month, according to people familiar with the plans. Apple is ramping up on two bigger-screen iPhones, said the people, who asked not to be identified because the plans are private. One model will have a 4.7-inch screen that may be available to ship to retailers around September, said two of the people. A larger 5.5-inch version is also being prepared for manufacturing and may be available at the same time, the people said.
The money transfer option in WeChat is a relatively small step in WeChat’s long march to turn itself from being China’s ubiquitous messaging app into a useful mobile wallet service. It already encompasses online payments, ecommerce, an online personal finance fund, and online taxi ordering. This evolution first started last summer with the introduction of WeChat Payments for the app’s Chinese users.
Wearable device shipments are expected to surge in the third quarter as most vendors have decided to launch devices during the quarter. Vendors which originally planned to release products in the first half, have also postponed their plans as they wait for the market or product designs to mature, according to sources from the upstream supply chain. Vendors including Apple, Samsung Electronics, Epson, Sony, Acer, Asustek Computer and Adidas have already prepared or launched wearable devices for the third quarter. Upstream chip supplier Qualcomm will also join the competition with devices.
LONDON (Alliance News) – Cloud computing company RapidCloud International PLC Monday said it has been awarded two contracts with a combined revenue value in excess of GBP1 million, which is expected to be recognised in the current financial year. The software solutions provider said it has won a contract to assist with the development of a cloud management system with the national legislature of an unnamed country in Southeast Asia.
MUMBAI, INDIA/SINGAPORE: Global Cloud Xchange (GCX) today announced its latest investment into the Asia Pacific region. The new ICX cable infrastructure is part of the company’s strategy to provide a direct subsea route to bridge an important gap in the emerging markets corridor, specifically delivering a direct Mumbai-Singapore route to bypass current outage prone terrestrial routes between Mumbai and Chennai.
TAIPEI, Taiwan — Terry Gou (郭台銘), the chairman of Hon Hai Precision Industry Co. (鴻海精密), the world’s largest contract electronics manufacturer, said yesterday that the company will expand its investment effort in Taiwan starting in July. With the iPhone 6 expected to be rolled out in fall, investors are upbeat about Apple contract manufacturer Hon Hai’s performance down the road, which was reflected in Hon Hai’s record-high share price yesterday.
China smartphone vendors’ shipments started weakening in mid-May with the upstream supply chain also seeing orders turning week despite the fact that several China-based smartphone players are still able to deliver over 10 million units each quarter, according to Digitimes Research. Among the players, those with tighter relationships with China-based telecom carriers are seeing their 3G smartphone inventories rising rapidly as carriers have been reducing and canceling their subsidies for 3G models and turning to subsidize 4G models.
SINGAPORE — (Marketwired) — 06/23/14 — iBuy Group, the parent company of DEAL.com.sg, has emerged as the number one e-commerce player in Southeast Asia, based on turnover, according to a ranking by Business Insider Singapore, the Singaporean edition of a leading business and technology news website. iBuy Group, topped four other ecommerce sites to emerge as the winner in the ranking, with a turnover of S$153 million.
The investment arm of global networking products major Cisco Monday announced a $40 million (Rs.241 crore) fund for early-stage firms (start-ups) in India which are focused on products and technologies relevant to the country and other emerging markets. “The funds will also be made in firms which work on cost-optimised designs, industry vertical solutions and applications on cloud computing,” the Indian subsidiary of the US global telecom products firm said in a statement here.