Forbes — Two years ago China’s Tsinghua Unigroup was nothing more than an obscure state-backed company peddling scanners and herbal medicine drinks. But a reported deal to buy U.S. chipmaker Micron Technologies for $23 billion has brought it into the spotlight. Tsinghua Unigroup, 51% owned by state-run Tsinghua Holdings, is still in talks with Micron, despite the steep national security concerns the deal faces.
Digi Times — The China government will support local IC-design companies’ development in the MCU, CPU,FPGA, MEMS and memory chips sectors through acquisitions during its current five-year economic plan running from 2015-2020, accordingto Digitimes Research. Since most China-based IC-design houses engaged in MCU, CPU, MEMS and memory products are at their infant stages at present, it is an established policy of the China government to provide financial support to local IC companies to acquire related businesses globally for capacity ramps or technology upgrades.
Business Wire — SHENZHENL: ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced that first-half net profit rose 43.2% as the company increased sales of 4G LTE network equipment to carriers. Net profit attributable to shareholders of the listed company jumped to RMB 1.62 billion (US$252 million) in the first six months, according to the results announcement posted by ZTE today. Basic earnings per share climbed to RMB 0.47, while revenue increased 21.8% to RMB 45.9 billion.
Cloud Wards — Chinese e-commerce giant Alibaba is looking to compete with Microsoft and Amazon through its cloud-computing sector– Aliyun. The company has launched “China’s first” AI platform, called DT PAI, to improve its cloud offer. According to Alibaba, the platform will allow developers and companies that use its e-commerce sites to analyze huge amounts of data. This will enable them to predict industry trends and user behavior.
Computer Weekly — Alibaba’s cloud computing arm is opening a data center in Singapore, which is good news for Asean businesses looking for more cloud options. Aliyun is set to open its latest cloud data center in Singapore next month. The Singapore facility will be the seventh globally for the cloud computing arm of Alibaba Group. Aliyun said its headquarters for overseas business will be based in Singapore to drive its overseas expansion plan.
Digi Times — More China-based Internet service providers are looking to enter the local smartphone market later in the second half of 2015, according to sources at Taiwan’s IC design houses. Alibaba and Qihoo 360 will launch their own brand models in cooperation with handset makers, said the sources. As new entries in the local smartphone market, both Internet service providers will be gearing up for China’s National Day holiday in October and Single’s Day promotions in November, the sources indicated.
Want China Times — After entering emerging markets such as India and Brazil, leading Chinese smartphone maker Xiaomi is gunning for the African market as early as September, reports the Shanghai-based China Business News. Xiaomi reportedly will introduce the Xiaomi 2 and 4 smartphones to African counties, priced at US$160 and US$320, respectively.
TechCrunch — Aliyun, the cloud computing unit of Alibaba Group, is launching an artificial intelligence service that it claims is the first in China. Called DT PAI, the platform combines algorithms used by Alibaba with machine and deep learning techniques and presents them in a simple drag-and-drop interface. Aliyun says developers can use DT PAI to predict user behavior without having to write new code.
Want China Times — The craze for pyramid-style micro e-commerce schemes using social networking platforms in China appears to have subsided following extensive closures and sales declines, according to Shanghai’s National Business Daily. Feng Jianjun, a specialist in daily necessity commodities, said micro e-commerce businesses have been plagued by falling sales and bankruptcies.
SCMP — Oracle, the world’s second-biggest software company, is betting on increased investment in manpower, research and development to fuel its growth in mainland China, despite Beijing’s drive to promote indigenous information technology suppliers. “It’s very important to get our technology China-ready, and make sure we have the ability to sell and support our products in the country. Those are our primary investments,” Oracle co-chief executive Mark Hurd told the South China Morning Post.
Want China Times — The growth of leading Chinese smartphone manufacturer Xiaomi has been slowing down as the country’s smartphone market becomes saturated and domestic rivals Huawei, Meizu and Lenovo catch up with innovative models and diversified sales channels, reports the Guangzhou-based 21st Century Business Herald. Xiaomi sold 34.7 million handsets in the first half of the year, 33% growth over the same period last year.
Deal Street Asia — Aliyun, Alibaba Group’s cloud computing arm, will be establishing a new cloud data centre based in Singapore, which will serve as headquarters for its international cloud computing business and drive Aliyun’s overseas expansion. Scheduled for an early September 2015 launch, the Singapore facility will be Aliyun’s seventh data centre globally. Leveraging on Alibaba Group’s recent $1 billion investment in cloud computing, the strategy behind the new data centre to target businesses – both international and China-based – riding on the economic growth of the Southeast Asia.
Sentinel Republic — The Singapore facility will become operational in September. He also revealed that Aliyun was building a new portal to serve the different language and payment needs of businesses based in an economically and culturally-diverse region such as South-east Asia. Although the new data center won’t open until next month, Aliyun has started accepting pre-orders for “elastic” cloud services and computer resources such as storage, processing power, and network bandwidth.
Want China Times — Chinese telecom giant China Mobile’s net profit dipped 0.8% to 57.3 billion yuan (US$9 billion) in the first six months of the year as it faced fierce competition, it said on Thursday. Revenue was up 4.9% to 340.7 billion yuan (US$53.3 billion), while its subscriber base rose to more than 810 million, up 3.4%, including 190 million 4G users, the company said in a filing to the Hong Kong bourse, where it is listed.
Global telecommunications giant Huawei on Wednesday furthered their innovation and talent development, investing A$30 million (US$22.1 million) in a new training and innovation center in Sydney. Inaugurating the center on Wednesday, Huawei Global rotating chief executive Ken Hu said innovation is part of the giant’s DNA, investing at least 10% of revenue into research and development since the companies founding in 1987.
Want China Times — China’s e-commerce giant Alibaba Group said on Wednesday that it will open a data center next month in Singapore, the second overseas database to be launched this year by Aliyun, its cloud computing arm. Alibaba said the center will provide a range of cloud computing services to companies operating in Southeast Asia, with an initial focus on Chinese businesses.
Digi Times — China Mobile on August 20 released its financial report for the first half of 2015, with consolidated revenues reaching CNY340.727 billion (US$54.77 billion) up 4.94%, while China Telecom posted revenues of CNY164.953 billion, decreasing 0.6%, according to the companies. China Mobile’s first-half 2015 consolidated revenues consisted of CNY299.527 billion from telecom services, 33.7% of which came from wireless Internet-access services, and CNY41.2 billion from sales of mobile terminal devices and others.
Digi Times — China Unicom and China Telecom have been actively establishing FDD LTE networks in China since they obtained FDD LTE licenses in late February 2015, and aim to complete installing 500,000 and 460,000 base stations, respectively, by the end of 2015, according to China-based media reports.
Digi Times — China-based IC foundries including Semiconductor Manufacturing International (SMIC) and Huali Microelectronics (HLMC), and backend firms such as Jiangsu Changjiang Electronics Technology (JCET) and Nantong Fujitsu Microelectronics (NFME) are soliciting orders from Taiwan’s fabless IC firms, according to industry sources.