At Huawei’s Global Analyst Summit, the company’s rotating CEO and deputy chairman Xu Zhijun said Huawei will launch public cloud services in China in July 2015. This launch will put Huawei in direct cloud service competition with Alibaba’s Aliyun service. Microsoft and Amazon already launched their public cloud services in China, but those services will ultimately not be able to compete on a large scale because of their foreign investment structures.
Chinese tech giants Baidu, Alibaba and Tencent are likely to become major players in the mobile medical industry in China given their tremendous capital and well-developed platforms, reports our Chinese-language sister newspaper Want Daily. Tencent invested US$70 million in China’s largest medical and health website Dingxiangyuan in September last year, followed by an investment of US$100 million in the leading website used for making hospital appointments in China, Guahaowang, in October last year.
Beijing Higher People’s Court explained why it asked a Chinese government agency to review a company’s voice recognition patent validity, which has a dispute with Apple. On Tuesday, the court ruled in favor of Apple for a patent case. It said the voice recognition patent of Shanghai Zhizhen Network Technology should be declared invalid and asked the Patent Review Committee under the State Intellectual Property Office to review it.
Chinese telecom equipment supplier Huawei is thriving in Latin America, as the firm grows as a hardware supplier and starts to work with local partners in research and innovation. Huawei, a global telecommunications technology and equipment provider, and manufacturer of consumer electronics, has been operating in the region for 16 years and has offices in seven countries, from Argentina in the south to Mexico in the north.
SHENZEN: The Apple Watch goes on sale but Chinese factories are already churning out cheaper alternatives, to the delight of local consumers. “Our product has all the functions Apple Watch has, and even surpasses them,” said Zheng Yi, founder of a firm whose electronic watches can make phone calls, browse the internet and play movies. His profits may lag behind the US tech giant, but Zheng told AFP he “started working on smart watches eight years ago, long before before Apple”.
Peer-to-peer lending startup Jimubox has just secured $84 million in series C funding. It comes seven months after the Beijing-based firm attracted US$37 million from Xiaomi and ShunWei Capital, a venture capital fund headed by the phone maker’s founder, Lei Jun. This time round the lead investor is UK’s Investec Bank. Haitong Kaiyuan Investment also joined in, along with new investors Mandra Capital and Zhong Capital Fund. Existing Jimubox backers Matrix China Partners, Xiaomi, Shunwei, Ventech China, and Magic Stone Alternative also threw in some cash.
China is stepping up efforts to establish its own DRAM industry, which will likely pose a threat to the current industry leaders such as SK Hynix and Micron Technology in 2017, according to industry sources. China’s government is looking to support local companies to develop home-grown memory technologies, said the sources. Efforts include help for local firms to make mergers and acquisitions overseas, and to encourage partnerships and cooperation between the local and international companies, the sources indicated.
There were 1.294 billion subscribers of mobile communication services in China as of the end of March 2015, growing 0.35% on month and 3.65% on year, and 475.90 million (36.78%) of them were 3G users, 161.93 million (12.51%) were 4G users and 899.84 million (69.54%) were mobile Internet-access users, according to statistics published by China’s Ministry of Industry and Information Technology (MIIT).
Spreadtrum Communications has announced that its quad-core mobile chipset, the SC7730ST, and its dual-core mobile chipset, the SC7727S, have been adopted by Samsung Electronics in a series of tablets and smartphones. The SC7730ST is now shipping in Samsung’s Galaxy Tab 3 V tablets, which are 7-inch models available with WCDMA (SM-T116 series) and Wi-Fi ( SM-T113 series) features. These tablets, designed with Spreadtrum’s 1.3GHz quad-core processor, feature a 7-inch WSVGA display, a 2MP camera, 8GB internal memory and 1GB RAM, a 32GB MicroSD slot and extended battery life of up to eight hours on video playback.
SHENZHEN, China, April 22 — China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei’s rotating chief executive Eric Xu told Reuters yesterday. Xu’s remarks are a rare example of a top Chinese CEO openly questioning the direction of Beijing’s information security policy, already a source of concern for countries that fear it will limit opportunities for their technology firms.
Japan-based Rakuten has taken a minority stake in Fanli.com, one of China’s online rebate and rebate-based flash sale companies. The C-series round values the Chinese online shopping company at approximately USD1 billion. As part of this investment, Kevin H. Johnson, CEO of Ebates, a Rakuten Group company, will join Fanli’s board of directors. Rakuten’s investment gives it less than a 10% stake.
Consumer complaints during the first quarter of 2015 for Internet shopping increased by 174.4% year-on-year to 24,100 cases, according to statistics published by State Administration for Industry and Commerce of China. The State Administration revealed that China’s nationwide industry and commerce administrative units received a total of 1.701 million consumer complaints, reports and inquiries in the first quarter of 2015, representing a year-on-year increase of 18.7%.
China’s tech giants are working hard to make sure that consumers use their phones to pay for things. Today Alipay Wallet, the Alibaba-affiliated mobile wallet, announced it now enables Chinese users to fulfill municipal fees in 12 cities. Clicking on a new “City Services” tab inside Alipay Wallet draws up a menu with options to book hospital appointments, pay for parking tickets, settle gas and water bills, and even buy gasoline. Users can also look up information regarding traffic and public transportation, and manage other minor bureaucratic tasks.
China based enterprise customers of Huawei will be the first in the world to be able to subscribe to the company’s new Public Cloud Computing Services when it launches in July said Eric Xu, Huawei’s deputy chairman and rotating CEO. Speaking at Huawei’s Global Analyst Summit in Shenzhen Xu did not remark on which of China’s telecom carriers the company would partner with although he did say that he did not expect this strategy to create competitive friction with Chinese carriers, which have already indicated they plan to offer public cloud services as the Cloud did not represent a big part of their current business.
Manufacturers in different industries are jumping into the smartphone business in China, resulting in fiercer competition and a less profitable market, reports the Beijing Morning Post. Over the past few months, several Chinese hardware and software makers alike, including 360 Security, LeTV, Gree Electric, Meitu, Datang and others, announced the launch of smartphones. The newcomers are carrying their brands from different industries hoping to make as much money as existing players.
SHENZHEN: Chinese telecom equipment maker Huawei Technologies said on Tuesday it will launch its public cloud computing services for Chinese corporate customers in July, becoming the latest Chinese company to enter the fast-growing market. Speaking at Huawei’s Global Analyst Summit in Shenzhen on Tuesday, Huawei rotating chief executive Eric Xu did not name the Chinese telecom carrier with which it would partner to offer the service. But Xu said the strategy would not create competitive friction with Chinese carriers, which have already indicated they plan to offer public cloud services.
According to the security firm, the group of 30 hackers, called APT 30, could have been the culprit behind cyberattacks on governmental organizations, businesses and news agencies. The report said the APT 30 attacks kicked off in 2005, targeting neighboring countries, including Vietnam. “There’s no smoking gun that shows this is a Chinese government operation, but all signs point to China,” FireEye’s APAC CTO Bryce Boland said in TechCrunch.
Zhiguoguo, an online legal services startup specializing in intellectual property, announced today it secured US$3.7 million in series A funding led by Matrix Partners China, according to 36kr. Legend Star, theventure capital arm of Legend Holdings, also participated in the round. Legend Holdings is the parent company of Lenovo, and it recently announced plans for an initial public offering on the Hong Kong Stock Exchange. The startup says its valuation has reached RMB 100 million (US$16.1 million) after taking an undisclosed amount of angel funding in June last year.
Ever since reaching a sales zenith in 2013, Samsung smartphones have been facing an increasing challenge from their Chinese counterparts, losing ground to Chinese brands such as Huawei, Lenovo and Xiaomi in the mainland market in 2014 and also suffering strong competition from Chinese rivals in international markets, according to the Shanghai-based China Business News (CBN).
After vying against each other in mobile payment, online retail, and taxi-hailing, Chinese internet giants Tencent and Alibaba have taken their battle to a new field–government smart city initiatives. Several announcements from both Tencent and Alibaba over the past month suggest the two firms are deepening their involvement in local government’s initiatives to improve administrative efficiency and transparency.