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
VMware and SoftBank Commerce and Service (a SoftBank Telecom subsidiary) have brought VMware’s vCloud Hybrid service to Japan, the first Asian market for the Palo Alto, California, company’s Infrastructure-as-a-Service offering. For its part , VMware will build, manage, operate and support the vCloud service and provide the primary sales route to market through its ecosystem of partners. SoftBank will contribute its data centers, network and a dedicated sales force, including more than 7,000 re-sellers in Japan.
SEOUL: Line Corp, a Japan-based social messaging service firm, has filed for an initial public offering in the United States, Bloomberg News reported on Friday, citing unidentified sources. Line’s parent company, South Korea’s Naver Corp, said on Wednesday that Line had filed for an initial public offering in Tokyo. Banking sources with direct knowledge of the matter told Reuters on Wednesday that the listing will ultimately be either a dual US-Japan listing or a listing only in the United States.
Tokyo police on Thursday arrested a systems engineer accused of stealing millions of customer names from the computer database of a large education firm to sell them for profit. Masaomi Matsuzaki, a 39-year-old temporary staffer, was arrested for violation of the unfair competition prevention law, a spokesman for the Metropolitan Police Department said. Matsuzaki allegedly copied personal data related to at least 7.6 million customers of Benesse, the parent company of Berlitz language schools in Japan.
Masayoshi Son always has another trick up his sleeve. Despite discussing seemingly everything about the future of his company during the firm’s two-day festival “Softbank World” earlier this week, Son put out a stunning announcement Friday morning. Nikesh Arora, a 10-year Google (NASDAQ:GOOG) veteran who most recently served as its Chief Business Officer, will leave Mountain View and join the ranks of Softbank (TYO:9984), Japan’s most aggressive telco.
Nissan Motor Co chief executive Carlos Ghosn said some car makers remain reticent about working with technology giant Google Inc as it develops driverless vehicles for fear of their brands’ identities becoming submerged. Ghosn, who also heads France’s Renault, said car makers can benefit from collaborating with Google, which offers its Android software for cars and which is building prototypes of self-driving cars. “But at the end of the day, I think all car makers are extremely cautious about maintaining control on their own cars,” he told a news conference in Tokyo on Thursday.
Setting on an ambitious space business, Japan’s NEC Corporation has opened a new facility for the assembly, integration and testing of satellites at its existing plant in Fuchu City, a suburb of Tokyo, the technology company announced on 14 July. The new “Satellite Integration Centre” adds to NEC’s Fuchu plant’s existing operations, and enables NEC to assemble as many as eight satellites in parallel, the company said in a statement.
Katsuaki Sato, founder and CEO of app monetization startup Metaps, sees no need to hide his company’s global amibitions. Where many young entrepreneurs are content to steadily grow in Japan and then carefully consider international markets, Sato has fought to create an international service since 2010, the firm’s third year of existence. His aggressive expansion has been a success. The priority of the Japanese market has given way to the United States and China’s where Metaps’ have helped local apps monetize.
Thai shoppers, rejoice – popular Japanese chat app Line, which has 24 million registered users in the Land of Smiles, just rolled out a standalone ecommerce app specifically for its fans in Thailand. The move follows the company’s release of a similar app for Japan last March. We took that app for a test drive but couldn’t really get more than a superficial understanding of what it was about due to this writer’s inability to read Japanese. Luckily, however, Thailand’s Line Shop is partially in English, so it’s time to jump iTunes’ fence again and go for a spin.
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.
TOKYO, JAPAN: VMware, the global leader in virtualization and cloud infrastructure, SoftBank Telecom Corp. and SoftBank Commerce & Service Corp. (SoftBank C&S) today announced the expansion of VMware vCloudHybrid Service in Japan – the first Asian market and third in the world to deploy this Infrastructure-as-a-Service (IaaS) public cloud solution.
Both Reuters and the Wall Street Journal say this afternoon say they have it on good authority that messaging app Line is set to file for a huge IPO with the Tokyo Stock Exchange (TSX). No other details are available. This is contrary to the words of NHN CFO Hwang In-joon last year when he said that the firm was considering listing Line in the US in order to boost its global standing.
SoftBank founder and CEO Masayoshi Son took the stage at SoftBank World 2014 this morning to share his revolutionary ideas for reversing Japan’s declining economy. If you’ve been following SoftBank recently, it should come as no shock that one of Son’s proposed remedies is the implementation of a robotic workforce. He also stressed the importance of utilizing existing technology – smartphones, tablets, and cloud computing – to gain an edge over the competition.
Corporate venture funds have been in vogue in Japan for the past few years, but accelerators and incubators remain a rarer breed. KDDI, typically known as one of Japan’s top telecommunication providers, has chosen the path less traveled and established both a venture fund (which is renewed yesterday for US$50 million) and an accelerator.
KDDI (TYO: 9433) revealed a flurry of investment plans today. First, the telecommunications firm announced the KDDI Open Innovations Fund (operated by Global Brain) deposited US$8 million into four American startups. Education firm Edmodo, digital media publishing platform Issuu, seat upgrade app Pogoseat, and TechCrunch competitor VentureBeat all received funding but individual terms were not disclosed. KDDI noted that a key reason for investing in these companies is their collective potential for trying to enter the Japanese market.
According to Frost and Sullivan, “NTT Communications is positioned in the Champions quadrant, recognition of the company’s vision and performance in the Unified Communications-as-a-Service market. Its ability to offer solutions from different UC vendors in one unified platform that is both highly scalable and flexible puts NTT Com in a unique position.
Fujitsu is injecting 200 billion yen (US$1.97 billion) over the next two years to expand its Fujitsu Cloud portfolio in infrastructure-as-a-service, platform-as-a-service, software-as-a-service, and cloud integration service, in hope to boost its cloud sales to 350 billion yen (US$3.45 billion). Cameron McNaught, Fujitsu executive vice president of solutions and global delivery, said the investment will help bring business innovation, social innovation, and strengthen the company’s global delivery capabilities.
TOKYO: Japan has seen a surge in cases of irregular access to government computer systems and cyberattacks on operators of critical social infrastructure, and Tokyo is considering ways to respond, a top official said on Thursday. Japan is striving to harness information technology to help revive the economy as well as looking to bolster cybersecurity in the run-up to the 2020 Tokyo Olympic and Paralympic Games.
Murata, a global leader in the design, manufacture and supply of electronic components and solutions is the latest member to join the Dynamic Spectrum Alliance. Murata joins a host of international companies, such as MediaTek, NICT, Google, Microsoft and Facebook, as the Alliance works to promote regulatory policies which will pave the way for innovative new wireless technologies, addressing growing wireless data challenges and bridging the digital divide.