Today popular messaging app Line revealed its revenues for the three-month span of July to September. If there were any doubts that the firm is poised to replace longtime heavyweights DeNA and Gree as Japan’s next big tech hope, the latest news should put them to rest. In those three months, the company raked in JPY 23 billion (US$211 million), a 16.6 percent rise from the previous quarter and a whopping 82.9 percent increase from the same period last year.
LAGUNA BEACH, Calif.—Huawei Technologies Co., which has been effectively shut out of the U.S. telecommunications-equipment market on security concerns, hopes that investments in advanced technology will help the Chinese company eventually break through. “It will take a longer time than it took in Europe and Asia for entering the U.S. market,” Huawei Senior Vice President Chen Lifang said at the WSJD Live global technology conference Wednesday. “My confidence comes from advanced technologies” like fifth generation, or 5G, mobile technology, optical networking, cloud computing and big data, she added.
Several days after the 123 Agreement on the US-Vietnam civil nuclear cooperation took effect on October 3, the cooperation agreement between the Vietnam Atomic Energy Institute (VINATOM) and Lightbridge Corporation was signed as a first step in the implementation. The agreement was signed by VINATOM’s director Tran Chi Thanh and Jonathan Baggett, Vice CEO of Lightbridge Corporation, in Hanoi on October 17. Local newspapers commented that the agreement showed significant improvement in the strategic relations between Vietnam and the US.
The U.S. National Security Agency has approved Samsung Electronics’ Galaxy devices for use by government officials to hold classified information. The four devices include Galaxy S4 and S5, Galaxy Note 3 and Galaxy Note 10.1 2014 Edition. This is on top of the NSA using the Boeing Black, a device developed by aircraft manufacturer, with a core focus on defense and security.
Hugo Barra, global vice president of Xiaomi, recently issued a statement that claims Xiaomi is moving its international user data from servers in Beijing to U.S. and Singapore. This is reportedly a response to previous incidents which exposed that Xiaomi smartphones automatically returned global user data to Beijing servers. Chinese telecommunications regulations require Chinese companies to store domestic data on local Chinese servers.
The Asia America Gateway (AAG) consortium recently selected Ciena (NYSE:CIEN) for a 100G expansion to significantly enhance its trans-Pacific cable network to address the growing demand for anywhere, anytime broadband access. Ciena’s converged packet optical solutions will add multi-terabit data capacity, and enable AAG’s network to reliably meet the demands of on-demand data networking services and traffic growth driven by mobile applications, high-definition video and cloud computing.
Back in July, blockbuster messaging app Line revealed a partnership with New York venture capital firm Collaborative Fund to give a boost to the Japan-based app’s western expansion. Today, the duo announced a pitch contest that will put six budding American startups on stage for a chance at future collaboration with Line. “The collaboration could be in the form of investment or partnership,” Sebastien Park, a Collaborative Fund associate, tells Tech in Asia. “The Line team will be at the event.”
Despite ambitions of boosting its enterprise business, Huawei is still finding the US a difficult market to crack. The Chinese tech giant is perhaps best known for making networking equipment for telecoms operators, though in recent years it has also been building up its enterprise tech and smartphone businesses. Speaking to journalists in Shanghai, William Xu, executive director and head of strategy at Hauwei, said the company will work to boost its enterprise business in the US
Shanghai — The U.S. Market remains on the focus of Huawei, although the U.S. government has labeled the Chinese giant IT and telecommunications company as a security threat. The main driver to grow in the U.S. market relies on the enterprise business, which, according to top executives listened by RCR Wireless News has “a pretty good development.”
Telstra has announced it will offer a point of presence on the East Coast of the United States for its VMware-based cloud infrastructure services, which are currently offered in the United Kingdom, Hong Kong, Singapore and Australia. Nathan Bell, Telstra’s global marketing director told iTnews that the telco aspires to offer a suite of cloud services across a global footprint and with a consistent configuration.”
The global law firm Jones Day announced today that David Carden, the United States’ first Ambassador to the Association of Southeast Asian Nations (ASEAN), will re-join the Firm, based in Singapore, as Partner-in-Charge of Asia. He was a partner based in New York and co-head of Jones Day’s Securities Litigation & SEC Enforcement Practice prior to confirmation of his ambassadorship in March of 2011.