China Tech News — Alibaba has agreed to sell four of its American e-commerce assets to U.S.-based social shopping platform OpenSky. Alibaba will give OpenSky 11main.com, Auctiva, Vendio and SingleFeed in exchange for about a 37% stake in OpenSky. No financial details or exact timing on the deal are yet available, according to reports in foreign media.
Times of India — NEW DELHI: Japanese electronics giant Sony is all set to make in India, though the products will be contract-manufactured at Taiwanese maker Foxconn’s upcoming facilities in the country. Sony looks at local sourcing for the second time after it stopped the practice in 2004 when it opted to only import.
Digi Times — The new Xilinx MPSoC series – dubbed Zynq UltraScale Plus – combines seven user programmable processors including a quad-core 64-bit ARM Cortex-A53 application processing unit, a dual-core 32-bit ARM Cortex-R5 real-time processing unit, and an ARM Mali-400 graphics processing unit. The Zynq UltraScale+ MPSoC family also includes a host of integrated peripherals, safety and security features, and advanced power management.
Digi Times — Makers in the iPhone supply chain have started delivering parts and components to the two iPhone OEMs Foxconn Electronics and Pegatron for production of next generation iPhone devices, which are widely expected to come in September, according to sources at the supply chain. Initial shipments of new iPhone devices in the fourth quarter of 2015 are expected to total at least 50 million units, estimated the sources.
IT News — Travellers on the new Sydney-Haneda Qantas flights are likely to receive a glimpse of the future upon landing as the Tokyo-based airport begins a major project to put robots in all passenger terminals. Haneda’s operator, Japan Airport Terminal Co (JAT), yesterday signed a memorandum of understanding with Cyberdyne, the Japanese university spinout best known for its exoskeletal suit HAL.
Digi Times — Japan-based Nintendo is planning to launch its next-generation games console in 2016 and has recently asked its supply chain partners to start pilot production in October, at the latest. The console will be manufactured by Foxconn Electronics (Hon Hai Precision Industry), but Pegatron Technology is aggressively trying to snatch some of the orders, according to sources familiar to the plan.
Want China Times — Taiwanese computer maker Acer said Wednesday it is holding discussions with 10 local companies on the possibility of supplying them with cloud computing storage solutions. The new cloud storage solution, developed in collaboration with Taiwan-based Hope Bay Technologies, is suitable for use by companies that have 100 to 1,000 employees, said Towny Huang, president of Taiwan operations at Acer.
IT News — Telstra today cut the ribbon on its ReadyCare telemedicine service, allowing customers to consult with a general practitioner remotely using voice or video. The ReadyCare service is a joint venture with Swiss online health service provider Medgate. It provides customers medical advice, treatment, diagnosis and prescriptions from registered Australian doctors.
Digi Times — MediaTek has posted a filing with the Taiwan Stock Exchange (TSE) stating it was not the source of a Chinese-language Economic Daily News (EDN) report indicating the company is considering a merger with Nvidia. MediaTek added it does not comment on market rumors.
Digi Times — The global cellular baseband processor market registered a strong 27% on-year increase to reach US$5.8 billion in the first quarter of 2015, according to Strategy Analytics. The market was led by Qualcomm, which grabbed a 61% share, followed by MediaTek with a 18% share and Spreadtrum with 7%, said Strategy Analytics. Samsung and Marvell rounded out the top-five cellular baseband processor suppliers.
Digi Times — Wuhan, Hubei province will likely be chosen to develop China’s home-grown DRAM industry, according to DRAMeXchange. Wuhan Xinxin Semiconductor Manufacturing (XMC), a local 12-inch foundry, will serve as the main production base for DRAM. Wuhan is set to beat out five other candidates for China’s DRAM production hub, said DRAMeXchange.
IT News — PayPal will buy digital money transfer provider Xoom for US$890 million (A$1.2 billion) as it muscles into a growing international remittance market and expands in countries like Mexico, India and China ahead of a spinoff from eBay. The offer price of US$25 per share in cash represents a premium of about 21 percent to Xoom’s closing price of US$20.70.
THE music streaming world just got a whole lot more competitive, especially in Malaysia, with a new player joining the ranks of Spotify, Deezer and Raku in an already crowded marketplace. On June 26, Tencent Holdings Ltd introduced Joox, its online music streaming service. Tencent is also the owner and operator of the hugely popular WeChat instant messaging software.
The Star — Ratan Tata, chairman emeritus of the holding company of India’s Tata conglomerate, has bought a stake in online taxi-hailing firm Ola, the company said. Tata, a respected business leader who was the chairman of salt-to-software Tata Sons for more than two decades, has previously invested in start-ups ranging from online retailer Snapdeal to Chinese phone maker Xiaomi.
Want China Times — Chinese internet video site Leshi TV (LeTV), one of the newer entrants to China’s smartphone sector, has purchased an 18% stake in domestic phone maker Coolpad through a Hong Kong subsidiary. The shares reportedly cost LeTV 2.19 billion yuan (US$353 million), making it the second-largest shareholder in Coolpad, reports Sina’s tech new portal.
IT Web — NBN will give developers the opportunity to ditch aerial cables for free-to-air television in their greenfields developments by offering the infrastructure through fibre. The national network builder today revealed it was working on a TV infrastructure offering for new developments, which it is planning to make available in the first quarter of next year. NBN would charge for the service on top of the fees it levies on developers to connect their apartment blocks and estates with fibre.
Digital News Asia — IT is estimated that the elderly population (above 64 years of age) in Singapore will reach 600,000 by 2020 and 900,000 by 2030. It’s no wonder then that using technology to improve the lives of senior citizens is a key area of focus for the country’s Smart Nation initiative. One such solution was demonstrated by MediaTek and Hutcabb Consulting at the IoT Asia Exhibition and Conference back in April – an ‘Elderly Care System’ which focuses on fall detection and assistance.
Economic Times — NEW DELHI: Prime Minister Narendra Modi’s ‘Digital India’ drive will open up huge opportunities in health and education for rural areas, creating a large number of jobs, billionaire Anil Agarwal said today. Agarwal, who heads the mining giant Vedanta Resources Plc, is the Non-Executive Chairman of Sterlite Technologies Ltd (STL) which is involved majorly in laying the optical fibre network to connect 2.5 lakh gram panchyats.
India Times — KOLKATA| NEW DELHI: HTC has finalised its ‘Make in India’ plans, becoming the second major global smartphone maker to produce handsets in the country, after South Korean rival Samsung Electronics. The Taiwanese premium smartphone maker has entered into an agreement with Global Devices Network, which set up a manufacturing and assembling unit three months ago in Noida, to make the handsets on contract.
Times of India — NEW DELHI: Starting Tuesday, people can see traffic information for 12 new cities, including Kolkata, Thiruvananthapuram and Bhopal, on Google Maps, a company statement here said. The other cities for which the facility would now be available are Coimbatore, Lucknow, Surat, Indore, Ludhiana, Visakhapatnam, Nagpur, Kochi and Madurai.