Huawei said Wednesday it wants to participate in the Korean government’s project to establish a public emergency communication network. The Chinese network equipment company underlined that its products will help the country to quickly respond when the public is in danger. “Huawei’s public safety broadband network is easy to deploy and has various customized features based on the company’s expertise in narrowband network technology,” said Huawei Technologies’ long-term evolution (LTE) product line Vice President Wang Qingwen during a press conference at the Lotte Hotel in central Seoul, Wednesday.
NEW DELHI: Chinese handset maker Xiaomi will start selling smartphones in India later this year through its own portal as it looks to beef up its presence in one of the world’s fastest growing devices market. Xiaomi, which currently sells devices in India through homegrown eCommerce major Flipkart, will bring in its website ‘Mi.com’ to India in the latter part of the year.
NEW DELHI: Handset maker Xiaomi will set up a research and development unit in Bangalore, its first such facility outside of China, as it looks to beef up presence in the booming Indian smartphone market. The company, which expects the centre to be operational in the next few months, will focus on localising its products and features for the Indian market through the unit.
Foxconn Electronics (Hon Hai Precision Industry) will make assisting its China-based handset clients including Xiaomi Technology, Meizu and MIT boost their sales to emerging markets one of its major goals in 2015, according to industry sources. Xiaomi began to push its smartphones to a number of emerging markets, including Brazil, India, Indonesia, Russia and Turkey, in 2014 but initial results have been lower than expected, said the sources.
Intel has closely cooperated with China-based IC design houses Spreadtrum Communications and Rockchip Electronics to promote its platforms in the China market in order to compete with Qualcomm and MediaTek for smartphone- and tablet-use chip solutions, according to Taiwan-based supply chain makers. Intel is set to ship 44 million tablet processors in 2015 and the volume is estimated to account for one-third of non-Apple tablet shipments.
Alibaba set a strong tone with its first earnings release since its record breaking IPO, beating analysts’ conservative estimates. However, as the initial hype has died down, investors will be looking for strong results from the fourth quarter in order to meet their high expectations. Here are the four key points that investors should focus on when Alibaba releases its fourth quarter earnings on Thursday 29th January before the opening of the market.
The funding round was confirmed today to be worth US$350 million, with the investment contributed by CITIC, Tencent, JD, Dianping, and Sequoia China. Tencent binds a lot of this together as it owns a 15 percent stake in JD and a 20 percent stake in the Yelp-like Dianping. This move could result in Ele.me’s food ordering service being integrated into Dianping and/or Tencent’s WeChat messaging app. The headline has been amended with the new information. The original article from January 13 is unchanged below.)
SHENZHEN: China’s Huawei Technologies is targeting $16 billion in revenue for its consumer business group this year, the head of the unit, Richard Yu, said on Tuesday. The Chinese consumer product maker, which competes with Apple and Samsung Electronics for smartphones, said in December it shipped about 75 million smartphones in 2014, a 40% year-on-year increase but lagging its target of 80 million units.
Lenovo Group and the Hong Kong Cyberport Management Company Limited (Cyberport) have entered into a collaboration to establish the region’s first cloud service and product development center, as reported by Laura Luo on Datacenter Dynamic’s Chinese website. Paul Chow, chairman of Cyberport and Yang Yuanqing, chairman and CEO of Lenovo signed the Memorandum of Understanding (MoU). Under the agreement, the two parties will cooperate in a number of areas, including research and development (R&D), personnel training and employment, cloud computing, assisting start-ups, big data, and Internet industry development.
The genesis of the Alibaba Group, which you likely know simply as “Alibaba,” dates back to 1999 when English teacher Jack Ma created the B2B portal Alibaba.com, a platform to connect Chinese manufacturers with overseas buyers. Today, Hangzhou-based Alibaba Group is a publicly traded group of eCommerce businesses that raised US $25 billion with its IPO in September 2014. As the largest IPO ever, it gave Alibaba a market valuation post-IPO day valuation of of $231.4, topping valuations of American giants such as Walt Disney and Boeing and beating out eCommerce rivals such as Amazon and eBay.
BEIJING: Motorola, the mobile handset maker bought by China’s Lenovo Group Ltd from Google Inc for $2.9 billion, is optimistic about its prospects in the Chinese market, its president told Reuters. Lenovo’s acquisition, completed three months ago, ended Google’s move into the consumer mobile handset business. The deal has turned personal computer-maker Lenovo into a challenger in the higher-end smartphone market, competing with Samsung Electronics and Apple Inc.
TAIPEI, Taiwan — Amazon Web Services, Inc. (AWS) yesterday announced the launch of its traditional Chinese-language website to enable more local developers and businesses in Taiwan to easily learn and access the most up-to-date information in their local language, according to an AWS press release. Since AWS launched its Taipei location for Amazon CloudFront (as part of the AWS global network of 52 locations for content delivery), as well as establishing of an office in Taiwan early last year, there has been rapid adoption of AWS by Taiwanese organizations of all sizes to drive business agility and accelerate their time to market, the AWS stated.
Just a few days after testing ads in the WeChat timeline, Tencent has brought WeChat advertising live. Regular ads in the service began appearing in users’ timelines over the weekend, and among the first ones to pop up were advertisements for global brands BMW and Coca-Cola. Chinese smartphone maker Vivo also has ads on the service. It’s no surprise that global brands are interested in getting in on the ground floor of WeChat advertising. The service current boasts nearly 500 million active users, and it continues to grow.
Chinese telecom device maker ZTE recently revealed that the company achieved operating revenue of CNY81.242 billion in 2014 — a year-on-year increase of 7.99% — and its net profit attributable to shareholders reached a year-on-year increase of 94.17%. Meanwhile, the company reported that its operating profit was CNY104 million during the reporting period and its total profit was CNY3.629 billion, a year-one-year increase of 98.54%.
Alibaba founder Jack Ma was at Davos last week, and in his public chat he said some pretty interesting things. But during his time there, he also sat down for an exclusive interview with Chinese website Sina Tech. In it, he waxed lyrical on everything from the symbolic nature of China’s internet sector to how he thinks China’s young entrepreneurs should view the world.
Users started reporting they were able to access Instagram over the weekend. Tech in Asia staff stationed on the mainland confirmed the app is no longer blocked, though sometimes images won’t load or only partially load. Whether or not it works might depend on your internet service provider and location.
China is clamping down on unrestricted access to the Internet by blocking services that allow users to get around government censorship. Several foreign-based operators of virtual private network (VPN) services said Friday that access to their services in China had been disrupted as a result of the crackdown and users are facing a harder time getting to some foreign websites.
Virtual private networks work by establishing an encrypted pipe between a computer or http://www.arnnet.com.au/article/564689/china-tightens-internet-control-by-blocking-vpn-services/
LG Group Chairman Koo Bon-moo and Chinese Vice Premier Wang Yang have agreed to bolster partnerships between LG and Chinese companies. In his meeting with Wang, Saturday, Koo expressed his thankfulness for Beijing’s support of LG’s business in the country and asked Wang to provide more of this in the future. They met at the Shilla Hotel in downtown Seoul. In response, Wang said China and Korea are important business partners in trade and expressed his hope that LG would contribute more to stronger China-Korea ties.
Samsung Electronics Vice Chairman Lee Jae-yong met with Chinese Vice Premier Wang Yang at the Shilla Hotel in Seoul Friday to discuss partnership. The Lee-Wang meeting came a year after they talked about key issues in Beijing, China, in February, the company said. “Samsung will expand partnership with Chinese provincial cities, regional governments and main Chinese companies to boost trade between the two countries,” Lee was quoted as saying in a statement.
TAIPEI–MediaTek Inc., Taiwan’s leading fabless semiconductor company, announced Sunday that its MT6975 smartphone chip has received certification in record time by China Mobile. According to sources close to the industry, the Taiwanese chip maker received certification by the world’s largest mobile phone operator, as measured by subscribers, in three weeks, much faster than the average of one to two months.