SINGAPORE: ST Telemedia and China’s GDS Services (GDS) announced on Wednesday (July 30) that they are partnering to expand and develop the latter’s portfolio of data centres. With the partnership, ST Telemedia agreed to invest an approximate 40 per cent stake into the Chinese data centre services provider. The tie-up will aid GDS accelerate the development of new data centres in key locations in China, according to the companies’ joint statement.
WeChat receives a fair amount of attention from the English-language press for its grasp on China’s mobile messaging market, its steady forays into ecommerce, and its strategic importance to parent company Tencent. But one of the app’s most overlooked qualities is its role as a hub for online media. News outlets, small businesses, and solo bloggers alike will push posts through their subscription accounts, and the app even features a simple but effective “read it later” feature.
Huawei Technologies recently made an investment in XMOS, a British fabless semiconductor company and leader in intelligent multicore microcontrollers. This marks the Chinese telecom device maker’s first equity investment in a British technology company. Apart from Huawei, Robert Bosch Venture Capital GmbH of Germany and Xilinx Inc. from the U.S. also participated in the strategic investment round. The three companies invested a total of USD26 million in XMOS. XMOS’ valuation during this round of financing reached over USD100 million; however, XMOS gave no comment on the rumor.
On July 19, Vietnamese learned that Redmi Note, a Chinese Xiaomi’s smartphone model, contained spyware. Some days later, they heard that not only Xiaomi’s products, but many Chinese mobile devices available in the Vietnamese market contain spyware as well. So Hoa, a website updating technology news site, reported that when conducting experiment with a Redmi Note device, the smartphone always creates the connection to the IP address 42.62.xx.xx. The address has been defined as connecting with a server located in China.
Earlier on Tuesday (29 July), Xiaomi Mi3 went on for the second sale this month and the response from the public was even more overwhelming than the previous time. Last week, Xiaomi phone got sold out within 40 minutes; today the company ran out of Mi3 stocks in a record 5 seconds time. Xiaomi boasted the feat on the company’s official Facebook page, thanking the fans for the tremendous response.
China now has close to half a billion 3G subscribers, according to the newest data from the country’s three telcos. Four years and eight months after China first slipped the switch on 3G mobile data, the numbers have gone from zero to 486.5 million. How about 4G? After a very late start last December caused by a preference for pushing the homegrown TD-LTE standard for 4G, China now has a total of 13.97 million 4G subscribers, says Zhang Feng, chief engineer at the State Council Information Office (SCIO).
BEIJING–Sohu.com Inc., operator of a popular Chinese Internet portal, says it lost US$45 million in the latest quarter while revenue rose 18 percent to US$400 million. Sohu said Monday the loss for the three months ended June 30 compared with a US$69 million loss in the previous quarter and an operating profit of US$64 million in the same period of 2013.
Xiaomi Mi3 made a remarkable debut in India (via Flipkart) last week, with stocks running out within 40 minutes of its release. And now, the feature-rich smartphone is all set to go sale again on 29 July. Xiaomi’s exclusive e-commerce partner Flipkart has announced that Mi-3 sale will kick start at 2:00 pm noon, 29 July. It has to be noted that users must be pre-registered with the e-retailer, in order to buy the phone on Tuesday.
Microsoft disclosed in a statement that China is investigating the company in an antitrust probe after China government officials paid unexpected visits to the software firm’s offices. Representatives from China’s State Administration for Industry and Commerce, which is responsible for enforcing business laws, made the visits to Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu. In a statement released by Microsoft the company said it was working with officials, ”We will actively cooperate with the government department’s investigation and answer related questions.”
With a newly-minted IPO under its belt, Chinese e-commerce giant JD.com Inc. announced today that is now taking pre-orders for Microsoft’s Xbox One gaming console. As part of an agreement between the companies, JD.com will have the exclusive right to accept pre-orders for Xbox One in China from July 28-30, 2014, through JD.com’s Mobile QQ and WeChat entry points. On July 31, the JD.com website and JD.com’s exhibition booth at the ChinaJoy Expo in Shanghai will also begin taking pre-orders.
Chinese search engine company Baidu announced in Tianjin that the company’s developer start-up center in the city has been formally established. This is Baidu’s newest regional start-up center following those already operational in Chengdu and Xiamen. This new Tianjin Baidu developer start-up center is located in Hongqiao district. With an office area of over 3,000 square meters, it can accommodate more than 20 start-up teams.
We saw the official release of Xiaomi’s flagship smartphone Mi3 earlier this week. Now, fellow Chinese company OnePlus is slated to foray into the Indian market. OnePlus’ official blog administrator Carl Pei has hinted that the company has plans to enter Indian market, inciting excitement among many Indian fans. “It’s safe to say that we’re interested in India. Being such a young company, we also know that India is a huge challenge.
Innovation distinguishes a leader from a follower — Steve Jobs — On Tuesday, around the time some 100,000 pre-registered Indian consumers were going berserk trying to get their orders through for Xiaomi’s Mi 3 platform on e-commerce local heavyweight Flipkart’s website, the Chinese budget handset maker was living up to its image of the Apple of the East back in Beijing.
Two months after Google unveiled its driverless and steering wheel-less car prototype, it turns out that Chinese search engine giant Baidu (NASDAQ:BIDU) is working on the same tech as well. A Baidu representative confirmed to Tech in Asia this afternoon that it’s working on a self-driving car, but stated that the program is “at a very early stage.” This came in response to rumors on Chinese tech blogs earlier today. The Baidu driverless car project is being driven by its “deep learning” labs. No other details are available at this time. Baidu has R&D labs in this specialist arena in both China and Silicon Valley.
Starting September, China Telecom will start selling Microsoft’s Xbox One video game console in China. China Telecom’s plan of distributing the Xbox One is to seek growth from their value-added services. On the other hand, Microsoft’s branch in China wants a significant move to break into the world’s largest consumer-electronics market. China recently permitted Microsoft to sell its products in China after banning the sale of the Xbox and other video game consoles for a decade.
Chinese search giant Baidu reported a 34 percent jump in profit for the second quarter, with mobile ad sales accounting for almost a third of revenue for the first time. Baidu’s profit reached 3.5 billion yuan (US$571 million) for the quarter, while revenue soared 59 percent to 12 billion yuan, at the upper end of its forecast. Mobile made up 30 percent of revenue, which was a first for the company, CEO Robin Li said in a statement. A day earlier, Facebook said it more than doubled its profit in the second quarter, with mobile a big factor.
On July 22, the Xiaomi Mi3 smartphone went on sale on the website of India’s largest online retailer, Flipkart. This was an exclusive launch introducing Xiaomi’s phones to India. Given the marketing bonanza enveloping the launch, a sea of online buyers logged on the site. Buyers started seeing an HTTP Error 503 Service Unavailable response. Amod Malviya, CTO, Flipkart, says the outage wasn’t due to an infrastructure failure. “In fact, we have almost never gone down in the past three years because of that sort of an issue,” he says.
SHANGHAI, July 25 — Displaying its smart glasses for the first time in prototype form in its native China yesterday, the company is hoping to attract developers’ and manufacturers’ attention ahead of an official launch in October. Lenovo wants to make its take on smart glasses, called the C1, the central hub of the connected home or office of tomorrow.
Baidu (NASDAQ:BIDU), China’s top search engine, released its Q2 earnings report overnight. The financials were dull (see here; PDF), but the conference call with Baidu execs yielded some interesting user numbers and a few new milestones. With a strong focus on mobile – now that China’s mobile internet users outnumber its PC web users – Baidu CEO Robin Li hailed the fact that the company’s “mobile revenue, which is largely comprised of mobile search revenue, accounts for 30 percent of our total revenue.”
Due to oversupply of smartphone components and price-cut pressure from China-based smartphone vendors, many small- to medium-size China-based smartphone component makers are likely to be forced out of the market in the second half of 2014, according to supply chain makers. Demand for low-priced components in China is continuing to increase and makers are seeing increased pressure to find low-cost solutions, which is pushing out makers in the supply chain while others are seeing significant performance declines.