China’s Ministry of Industry and Information Technology (MIIT) issued a notice today requiring developers to register with their real names when publishing their mobile apps to the public, according to Techweb. The aim is to discourage developers from anonymously pushing apps containing pornographic content and viruses, both of which are illegal in China. The notice also states that MIIT will create a blacklist database for developers who break the rules. Telecom operators, smartphone makers, and app stores will all be responsible for obtaining the names of developers who publish on their respective platforms.
The impending release of a new flagship Apple smartphone has failed to dampen sales of current iPhones, with the consumer electronics giant reporting a jump in quarterly profit off the back of strong smartphone sales. Apple sold 35.2 million iPhones in its fiscal third quarter, the company announced today – a 13 percent rise on the same period last year, and the second quarter in a row it has posted double-digit percentage growth in iPhone sales.
GREATRESPONDER.COM – This was announced by the VMware today that, it is going to establish a partnership with China Telecom, the IT/ Telecom giant of the most dynamic economy of the world to expand its business footprints in the hybrid cloud computing service sector. It was further informed through an official statement of the company that a memorandum of understanding (MoU) has been signed between the two giant companies in the domain of cloud computing, and information technology.
Apple’s (NASDAQ:AAPL) newest financial earnings report (for fiscal 2014 Q3; or April to June in human time) shows stellar growth in China. Here’s Apple’s break-down (PDF) in revenue across Asia-Pacific for the past quarter :
Greater China (inc. Hong Kong and Taiwan): US$5.94 billion – up 28 percent year-on-year Japan: US$2.56 billion – up 1 percent year-on-year
Rest of Asia-Pacific: US$2.16 billion – up 6 percent year-on-year
Taiwan-based server ODMs including Quanta Computer, Wistron and Inventec may obtain orders arising from the beginning of Project Scorpio 2.0, the second version of a project to boost low-cost and highly scalable data center infrastructure jointly by China-based Internet service operators Baidu, Alibaba and Tencent through collaboration with Intel, in September 2014, according to Taiwan-based supply chain makers.
China’s rush to the Internet is slowing, with the country adding only 14.4 million new Internet users in the first half of 2014, the lowest half-year growth in eight years. There were 632 million Internet users in China in June, according to the government-linked China Internet Network Information Center (CNNIC). Although China has long reigned as the country with the world’s largest Internet population, the services are still struggling to take off in the rural areas, where about 450 million people never go online, said the CNNIC in its bi-annual report.
Chinese home appliances group Midea is expecting a huge jump in its 2014 earnings. The company published its semi-annual performance prediction for 2014, stating that during the first six months of 2014, the company’s net profit is expected to increase by between 45% and 60% over the same period of last year; its earnings will reach between CNY6.059 billion and CNY6.686 billion; and its earnings per share will be about CNY1.44 to CNY1.59.
SINGAPORE: China’s smartphone maker Xiaomi has revealed its latest smartphone, the Mi 4, on Tuesday (July 22), touting that the device is its “fastest” and would come with 4G capability. A Xiaomi representative told Channel NewsAsia that the Mi 4 will be on sale in China from July 29 and will be compatible with telco China Unicom’s mobile network, but the release dates for other markets – including Singapore – are not confirmed.
Beijing-based consumer electronics company Xiaomi, Inc’s. rapid four-year growth has led it to target the potentially rich smartphone markets in India. Xiaomi outdid sales of Apple, Inc. in China when it offered competitive and inexpensive smartphones and tablets. The emerging company has used social media to gain market share in other Asian markets. Now, it is teaming up with Flipkart.com to sell its newest device, the Mi3.
China now has 632 million internet users, according to the latest report from the China Internet Network Information Center (CNNIC). These numbers for June 2014 reveal internet penetration in the country is still shy of the halfway mark at 46.9 percent. Mobile internet users continued to surge to 527 million from 460 million six months ago. 83.4 percent of netizens access the web via mobile device, which for the first time ever has surpassed those who access the web via PC at 80.9 percent.
Apple (NASDAQ:AAPL) is set to open its 11th store in mainland China later this month. The upcoming Chongqing Apple Store will open on July 26, according to the company’s own website (hat-tip to 9to5Mac for spotting this). Chongqing is a municipality in central China with over 30 million people. This isn’t Apple’s first foray into central China – far from the usual hubs around Shanghai or Beijing – as the firm opened a store in neighboring Sichuan province (in Chengdu) in late 2012.
Ecommerce titan Alibaba has a new social network. It’s a sort of Instagram that’s based around tagging brand names that appear in your photos. Rather than making it a standalone app, Alibaba’s newest effort, called Fun, is built into its Tmall shopping app and is rolling out to users in an update for iOS and Android. Tmall is an online marketplace for large vendors and major brands.
BEIJING: China is now home to 632 million Internet users, a government agency said Monday, although use of social networks has dropped amid a crackdown. The Asian giant’s Internet population — defined as those who have gone online at least once in the past six months — has increased by 14 million since January, according to the China Internet Network Information Centre (CNNIC).
NEW DELHI: Chinese handset maker ZTE is expected to launch its premium ‘Nubia Z7 Max’ handset in India ahead of the festive season to compete in the fiercely contested smartphone market. Nubia Z7 Max, priced at around Rs 26,000, will be the first device from ZTE’s premium phone range to debut in India, the world’s fastest growing smartphone market. ZTE will launch the device around September-October in the Rs 24,000-26,000 range, sources said.
The Consumer Electronics Association (CEA)® today announced it will produce the 2015 International CES Asia scheduled to run May 25-27 in Shanghai, China. This inaugural event will take place at the Shanghai New International Expo Center (SNIEC) and will draw global businesses to showcase the latest products and technologies entering the Asian marketplace. CEA is co-organizing the event with Intex Shanghai Co., Ltd., a prominent producer of international tradeshows in China.
Ecommerce titan Alibaba took a 28 percent stake in Autonavi nearly a year ago. And then in February this year the firm proposed a full buy-out of Autonavi for a premium of US$21 per share. (UPDATE on July 16: Autonavi shareholders today voted in favor of the deal. The merger will be finalized later this month and then Autonavi will delist from NASDAQ). Today Autonavi confirmed it has accepted the deal for that acquisition price, pending the approval of shareholders. Autonavi closed trading yesterday at $20 per share. For shareholders it’s a large premium over the $16.54 value per share when it was first proposed in February.
As part of its agreement with SoftBank VMware will build, manage, operate and support the vCloud Hybrid Service, and provide the primary sales route to market through VMware’s ecosystem of partners. SoftBank will provide datacentres and network capacity for the service, as well as a dedicated salesforce. VMware said its hybrid cloud service, which enables users to extend their VMware-based on premise kit to the cloud, is already available to clients in Japan as a private beta and will become generally available in Q4 of this year.
Three Chinese telecom operators announced they are pooling their resources to organize a joint infrastructure company that will focus on building and running the telecom towers. The new joint venture, China Communications Facilities Services, also intends to rehabilitate state-controlled telecom companies by promoting competition. State-owned China Mobile has the biggest market share, or 40 percent in the newly established company. China Unicom has 30.1 percent and China Telecom 29.9 percent.
Today, Xiaomi revealed just how committed it is to breaking Samsung’s hold on the Indian smartphone market with the launch of its flasghip smartphone, the Mi3, slated for July 22. The cheaper Xiaomi Redmi 1S and Redmi Note will launch later.
Xiaomi Mi3 is priced at INR 13,999 (US$232) now available for pre-order ahead of July 22 shipping. Xiaomi Redmi 1S for Rs 6,999 (US$116) will go on sale soon. Xiaomi Redmi Note will be INR 9,999 (US$166), also due soon.
Masayoshi Son’s SoftBank empire has been getting a lot attention in recent months, with a US$20 million splash of venture funding for the Phillipines, the debut of Pepper, the family friendly robot, and, the impending financial windfall from Alibaba’s IPO. Today, at the SoftBank World 2014 event, Alibaba’s founder and executive chairman, Jack Ma, talked about Alibaba’s business philosophy and the coming shift of Customer to Business (C2B) corporate strategies.