Tech In Asia — Will all stores eventually move online? Or will the first-mover advantage of offline stores mean that they forever remain an important and significant part of the way people shop? Indian ecommerce site Snapdeal’s latest launch, Janus, shows that it may just be a hybrid of the two. Janus is an omni-channel platform that integrates all aspects of ecommerce – from ordering a product online to customizing it and getting it delivered offline.
IT News — Westpac-owned subsidiaries St George, BankSA and Bank of Melbourne spent half the long weekend fielding complaints from customers after a routine systems upgrade downed online, phone and mobile banking services for a day and a half. Customers began reporting problems accessing the services early on Sunday. The three banks later advised customers online, phone and mobile banking would be offline from 11:30pm Sunday to 5am Monday as they performed systems upgrades to address the problem.
Times of India — NEW DELHI: India’s fifth largest software services firm Tech Mahindra has bagged a contract from Bombardier to develop an aircraft ground support system (AGSS). Under the agreement, Tech Mahindra will develop the AGSS for Bombardier’s Aircraft Health Management System (AHMS) for the C Series family of aircraft, a statement said. The financial details were not disclosed.
Network Aasia — China Motor is employing SmartCLOUD, taking advantage of the platform’s dense network and ubiquitous bandwidth in the Greater China Region. The firm has incorporated its ERP system into 40 branch offices in Greater China, establishing a foundation to develop the new market, while enhancing management efficiency and reducing HR costs. China Motor was established in 1969 and began technology exchanges with Mitsubishi Motors in 1970 to produce a variety of car and motorcycle parts.
Times of India — When Tanuj Mendiratta hit the road in December to raise money for his mobile marketing firm Appiterate, he found not many venture capital funds were keen on investing in business-to-business startups such as his. He needn’t have worried. The company’s product, already being used by online marketplaces such as Snapdeal, drew a lot of interest from Indian internet companies looking to beef up their mobile applications.
Want China Times — Advanced Semiconductor Engineering (ASE), the world’s largest integrated circuit packaging and testing services provider, has taken legal action to try to stop a special shareholders meeting scheduled by Siliconware Precision Industries to let electronics manufacturing giant Hon Hai overtake ASE as its biggest shareholder.
Tech In Asia — But the reality is that IoT is already in a lot of different industries, changing them slowly but fundamentally. Thailand-based startup Drvr (pronounced “driver”) is putting the technology to use in fleet management for logistics companies using telematics – technology used in devices for sending and receiving information remotely.
Times of India — WASHINGTON: India may soon displace China as Silicon Valley’s next frontier, a leading American daily has said, days after Prime Minister Narendra Modi visited the headquarters of technology giants Tesla, Facebook and Google. “China may be a Silicon Valley obsession, but India increasingly is in the conversation and may soon displace its Asian neighbour as tech’s next big frontier,” the popular USA Today said yesterday in a news dispatch from San Francisco.
Network Asia — Intel and Samsung separately announced new solid-state drives (SSDs). Intel’s boasts the company’s fastest speed to date at 5Gbps. Intel’s new P3608 Series PCIe SSD comes in 1.6TB, 3.2TB and 4GTB capacities and delivers up to 850,000 I/Os per second (IOPS) random reads and 150,000 random writes. The drive has a sequential read/write speed of up to 5,000MBps (5Gbps) and 3,000MBps (3Gbps), respectively.
The Star — SEOUL: Kakao Corp, the operator of South Korea’s largest mobile messaging app, said Tencent Holdings Ltd and eBay Inc have joined its bid for a new South Korean Internet bank license. Tencent and eBay will make their investments through subsidiaries, which are expected to take stakes of 4% or less in the bank should a license be gained, a Kakao spokesman said. He declined to comment on financial terms.
Tech In Asia — Japanese telco SoftBank just made a big bet on the booming financial tech (fintech) industry. SoftBank yesterday announced a US$1 billion round of funding for San Francisco-based SoFi, an online service that allows America’s debt-laden students to refinance their federal or private student loans.
China Topix — Chinese music-streaming fans may now subscribe to iTunes Movies and iBooks as Apple Inc. has finally announced that its services are now available to Android users in China. Included on their long list of artists are both Chinese and international performers. Thus, subscribers may choose from a vast library of songs also being offered in other countries worldwide.
The Register — Despite what Qualcomm claims, its main foe, MediaTek, claims that the core wars are not over. Qualcomm has argued – like a politician saying that “left and right is old thinking” – that it isn’t about how many cores you had, but what you did with them. Qualcomm recently announced impressive performance figures for its new Snapdragon 820 chip, which has four cores, and it doesn’t use the standard ARM architecture in the 820 – and will claim that for the spin it’s applied and the process it’s using, four cores is plenty.
TechCrunch — When I moved to Taiwan in 2007, I was struck by the large number of independent designers in the city—and how hard it was to find them. Most only sold at weekend craft markets and their online presences were scattered across different blogging platforms and social media sites. In just four years, however, Pinkoi has dramatically changed that, serving not only as an e-commerce platform for small studios, but also as a community hub.
Tech In Asia — India’s mobile internet boom has brought in a new fund for startups. Giant chipmaker Qualcomm today announced an India-specific US$150 million venture capital fund for startups in the mobile and internet-of-everything (IoE) ecosystem. This fund will be established through its venture arm, Qualcomm Ventures.
Digi Times — Asustek Computer was the largest gaming notebook vendor in the first half of 2015 and acquired a share of around 40% in shipments of gaming notebooks featuring Nvidia GeForce GTX 950M, 960M, 970M and 980M graphics cards, according to sources from the supply chain. Following Asustek, Lenovo was the second largest with a shipment share of 30%, mainly relying on demand from China, the sources said.
Digi Times — Commenting on Foxconn Electronics’ (Hon Hai Precision Industry) current plans for the 5G industry during the 12th Cross-Strait Information Industry and Technology Standards Forum, Foxconn vice president Lu Fang-ming said that Foxconn will mainly focus on small cell, remote radio head (RRH) module and Cloud radio access network (Cloud RAN) applications, looking to have in-house developed basic technologies and will then gradually push into patent and products, following cross-strait government policies.
Computer Weekly — Streaking across the Taiwanese hinterland on its superfast bullet-train service, presented with an apparently endless vista of light industrial units, crowded freeways and shabby apartment blocks, something becomes immediately obvious to the first-time visitor: Taiwan is taking capitalism to the extreme.
ZDNet — Samsung’s mobile payment service has seen $30 million in transactions and recorded approximately 36 percent of its users as active in its first month, with about 10 percent of those using Samsung Pay daily, according to the South Korean tech giant. Samsung Pay is currently available for Galaxy S6 and S6 Edge owners, as well as those using the Galaxy Note 5. The firm said around 60 percent of transactions took place with the Note 5, which was launched earlier this month.
Digi Times — Cadence Design Systems has announced that its Allegro system-in-package (SiP) and physical verification system (PVS) implementation technologies have been enabled for TSMC’s integrated fan-out (InFO) packaging technology. By providing an integrated solution that automates the design-rule checking (DRC) flow, the Allegro SiP design tools and PVS enable TSMC customers to shorten the InFO design and verification cycle.