LG Electronics said Thursday that its operating profit rose 28 percent to 2.7 billion won in the fourth quarter on the strong performance of its mobile phone business. Its sales came in at 15.3 trillion won, up 5 percent year-on-year. The fourth-quarter earnings report came a day after LG Electronics released its annual earnings numbers in compliance with a local rule that requires large firms to disclose results if there’s a change in profit or sales by 15 percent or more.
Facebook has an office in Taiwan mainly for educating local enterprises on how to use Facebook to attain commercial goals and training local Facebook advertising agents, according to Asia Pacific regional vice president Dan Neary for Facebook. For these purposes, Facebook plans to hold various workshops, hackathons and roadshows, targeted specifically at advertising and media agencies, small- to medium-size businesses, brand vendors and application developers, Facebook said.
The Export Processing Zone Administration (EPZA) of the Ministry of Economic Affairs (MOEA) has has approved applications from Hoya Marketing, Madhatter Technology, and Edispay Solutions, to invest and station at the Kaohsiung Software Park (KSP). The total investment amounts to around NT$25.6 million (US$819,761).
The South Australian government has adopted a strict stance against hosting public sector information in offshore data centre facilities, as it takes its first steps towards a whole-of-government cloud panel. The state expects to start taking applications for the pre-approved data centre scheme before the end of March, and has made clear that providers using offshore facilities need not apply. “The state’s data must be at all times hosted from a pre-approved hosting facility from within Australia only. This includes any back-up hosting facilities,” the government outlined in its industry fact sheet.
US business lobby groups have called for “urgent discussions” with the Chinese government over new infosec regulations that would force technology vendors to hand over secret source code and adopt Chinese encryption algorithms. Cybersecurity has been a significant irritant in US-China ties, with both sides trading accusations of abuses. In a letter to China’s top cybersecurity policy group dated Jan. 28, the American Chamber of Commerce in China and 17 other US business lobbies urged Beijing to postpone the implementation of the new policies.
KT has teamed up with Qualcomm of the United States to jointly develop devices and equipment for creating secure gateways to the Internet of Things (IoT). “Under the agreement, Qualcomm will develop customized LTE (long-term evolution) chipsets, and KT will develop equipment and other IoT security integrated systems,” announced KT Thursday. Spokesman Kim Young-wan said that they aim to commercialize IoT security services based on LTE technology by the end of the first half of this year.
NEW DELHI: Aiming to ramp up its cloud services business in India, software solutions major Oracle today said it will hire 200 people to strengthen its cloud services sales team. “Oracle India is ramping up its cloud business with the addition of a dedicated sales force that will sell Oracle Cloud solutions,” the company said in a statement. Indian organisations are undergoing a major shift in the way they implement IT and cloud is being strongly considered as an alternate form of enterprise computing, it added.
Naver said Thursday its operating profit in the fourth quarter grew 30.3 percent from a quarter ago, led by robust growth from its advertisement sales. The nation’s largest Internet service provider said in its regulatory filing on Thursday that it has posted 196.1 billion won between October and December, compared to 150.6 billion won a year ago. Its sales stood at 750.2 billion won in the same period, up 19.3 percent from last year’s 628.8 billion won.
Tokyo, Jan 30, 2015 – (JCN Newswire) – NEC Corporation (NEC; TSE: 6701) announced today the global release of a solution employing NEC’s EXPRESSCLUSTER clustering software to improve availability of the in-memory database software, SAP HANA(R), running on the Amazon Web Services (AWS) cloud computing service. In recent years, cloud usage has gained heavy momentum, and the number of corporations using SAP HANA on cloud-based service platforms has been increasing.
BEIJING/SAN FRANCISCO – Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China’s banks, an acceleration of efforts to curb the country’s reliance on foreign technology that has drawn a sharp response from US business groups. But a translation of the proposed rules viewed by Reuters shows its immediate impact on foreign firms may not be as tough as feared.
Australia will experience a change in the business billing landscape and other Cloud-enabled offerings according to a panel convened by Frost & Sullivan. Industry leaders and analysts gathered to discuss the future of Cloud services and how they will affect Australian business going forward. The panel was moderated by Frost & Sullivan managing director, Mark Dougan. Participants included Asset.Guru chief executive and founder, Chris Petersen; Nimble Storage vice president Asia Pacific, Peter O’Connor; Unleashed Software chief executive, Gareth Berry; and Zuora vice president professional services APAC, Kim Benito.
Samsung released its Q4 2014 earnings report today, revealing an entirely expected slump in smartphone sales caused by sharper and cheaper competition around the world. So, Samsung’s phone sales are going down (though no unit sales figures are provided), and the company is instead bolstered by parts manufacturing for other firms.
Facebook shows no signs of slowing down in Asia Pacific. The social network’s 4th quarter earnings release shows that its expansion in the region continues to outpace Europe, US/Canada, and the nebulously titled, “rest of world.” Adding an additional 23 million monthly active users (MAU), Facebook now has 449 million MAUs in Asia, a 51 percent increase from the same period two years ago.
The software industry is nurtured by a stream of shared knowledge. The snazziest apps rely on open-source programming languages and frameworks. There’s an unspoken credo in Silicon Valley about giving back to the community. This distribution of free intellectual property led to the growth of the internet industry, and we’re seeing the same movement (embodied through Arduino) starting to impact hardware creation.
MUMBAI: Country’s largest software exporter Tata Consultancy Services (TCS) said today it has been picked as the best IT service provider in Europe in terms of both customer satisfaction and performance, according to a survey. The pan-European survey — conducted by Whitelane Research — polled 1,470 CEOs, CIOs, CFOs, COOs and CTOs from top IT spending European organisations controlling over 4,200 IT contracts across 13 countries.
Shipments of smartphones by China-based vendors declined 8.8% sequentially in the fourth quarter of 2014, affected by weaker than expected sales for some brand vendors, according to Digitimes Research. For the first quarter of 2015, China’s overall smartphone shipments are expected to suffer a further sequential drop of over 20% due to the impact of seasonality in overseas markets. As a result, vendors which have a high ratio of export sales, may suffer a decline of over 30% sequentially in the quarter.
NEW DELHI: Micromax’s fully-owned subsidiary Yu Televentures has Thursday sold 10,000 Yureka smartphones on Amazon in just 3 seconds, for its third online sale after launching the Rs 8,999 device last month. In the month of February, YU is looking at ramping up the availability of the device and will put almost double the amount of devices for sale, the company said in a statement.
Qualcomm has changed the estimated amount of Snapdragon 810 sales following the loss of a “large customer” – most likely Samsung – after reported trouble meshing with the Galaxy S6. Reports started circulating around a week ago that Samsung would drop the Snapdragon 810, following Qualcomm’s decision not to make a custom version for the Galaxy S6.
China’s software industry generated total revenues of CNY3.724 trillion (US$604 billion) in 2014, growing 20.2% on year, according to statistics from the Ministry of Industry and Information Technology (MIIT). The total value of software products and services exports in the period was US$54.5 billion, accounting for 9.03% of the total revenues and rising 15.5% on year.
NEW DELHI: Within a year of its exclusive partnership with Flipkart in India, Motorola has sold over 3 million devices in one of the fastest growing smartphone market in world. Moto G and Moto E smart phones which fall in the affordable category, make up about half of overall sales of Motorola devices. “We will be doubling up our efforts in India, which is a very critical market for us,” Amit Boni, head of India operations said.
Although white-box tablet shipments declined in the fourth quarter of 2014, global overall tablet shipments in the quarter still grew sequentiallyby 16.9% to reach 74.77 million units thanks to Apple and non-Apple first-tier vendors’ strong performances, according to Digitimes Research’s latest report on the global tablet industry.
A yearly report compiled by the communications regulator on the number of requests law enforcement agencies make to carriers for user metadata is “unnecessary”, “inaccurate” and should be scrapped, according to Australia’s third largest telco Vodafone. Vodafone’s general manager of industry strategy and public policy Matthew Lobb made the comments today as part of a hearing into the Government’s proposed data retention scheme.
Taiwan’s Foxconn Technology Group, the world’s largest contract electronics manufacturer and maker of Apple devices, is hoping to slim its global workforce with the help of robots. The group currently employs about 1.3 million people during peak production times, making it one of the largest private employers in the world. As a key Apple supplier, the company has had a solid run in recent years, but faces declining revenue growth and rising wages in China.
SEOUL: Apple caught up with Samsung as the world’s biggest smartphone vendor in the fourth quarter of 2014, thanks to booming sales of its new iPhone 6, market researcher Strategy Analytics said Thursday (Jan 29). Apple reported a record net profit of US$18 billion in the quarter, on the back of what the California tech titan described as “staggering” iPhone 6 sales – especially in China.
Australia’s largest telco Telstra has refused to disclose how much it expects the Government’s data retention scheme will cost to implement, claiming the figure as commercial-in-confidence. The telco refused to budge under sustained questioning by Labor MP Mark Dreyfus on the cost of the scheme today as part of hearings into the Government’s proposed data retention legislation today.
Mumbai: Maharashtra’s plans to promote Mumbai as a global financial centre have received a shot in the arm as Wall Street firm JPMorgan Chase & Co. and the Japanese government arm Japan External Trade Organization (Jetro) agreed to partner with the state government to hold road shows to attract financial services companies to Mumbai.
A government launches a new portal for people to get their social security benefits, but it’s not able to cope with the sheer number of people trying access it at the same time, and crashes. What can governments do to prevent such disappointment with public services? Red Hat explains. Cloud technologies can give governments the flexibility to keep up with the rising expectations citizens have of them, believes Bryan Che, General Manager, Cloud Product Strategy for Red Hat. “If I become wildly successful because a lot of users coming in, I can scale up to meet my demand,” he said.
UTStarcom, a global telecommunications infrastructure provider, participated in the 23rd Convergence India Exhibition and Conference in New Delhi, India in 21-23 January 2015. The Company showcased its advanced broadband and optical network infrastructure technologies offering to the Indian market and mapped out its operating strategy to serve the rapidly growing demand in the market for bandwidth from cloud-based services, mobile, streaming, and other applications.