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Mobile giant linked with 2 insurers

CHINA Mobile is planning to invest 2 billion yuan (US$305 million) to secure stakes in two insurance firms owned by China Merchants Group, according to a third-party investor linked to the deals. IT ...

May 24, 2016, Tuesday


Q1 global smartphone sales up 3.9% at 349m

SALES of smartphones around the world in the first quarter rose 3.9 percent year on year to 349 million, according to US-based research firm Gartner. South Korea’s Samsung continued to dominate the market, ...

May 24, 2016, Tuesday


That could come in handy

A robotic hand mimics the gestures of two young visitors to the 16th Harbin International Manufacturing Equipment Expo in northeast China’s Heilongjiang Province yesterday. More than 600 companies involved in high-tech manufacturing are participating in the show, which ends on Tuesday. ...

May 23, 2016, Monday


Hikvision buys UK alarm firm

HIKVISION, a leading Chinese video surveillance manufacturer, has bought an English intrusion alarm manufacturer, it was reported yesterday. Pyronix, which is based in the South Yorkshire town of Rotherham, ...

May 21, 2016, Saturday


Google to fight order to remove global data

Alphabet Inc’s Google yesterday appealed an order from the French data protection authority to remove certain web search results in response to a European privacy ruling, escalating a fight on the extra-territorial...

May 20, 2016, Friday


Alibaba’s ‘special deal’

Hong Kong’s securities regulator said yesterday that Alibaba Group breached takeover rules in the purchase of a health care firm in 2014 because it also bought a company owned by the brother of the first...

May 19, 2016, Thursday


Tencent net up 33%

Tencent said its first-quarter net profit rose 33 percent year on year to a record 9.2 billion yuan (US$1.4 billion)....

May 19, 2016, Thursday


Nokia set to rejoin handset market

NOKIA, once the world’s top mobile phone maker, yesterday announced its return to the fiercely competitive handset and tablet market years after being crushed there by Samsung and Apple. Now a leading ...

May 19, 2016, Thursday


Vodafone ends 8-year profit slide

A woman walks past a branch of Vodafone in London. The British telecoms giant yesterday posted its first annual rise in operating profits in eight years, boosted by growth in Europe and emerging markets. Earnings before interest, tax, depreciation and amortization grew 2.7 percent to 11.6 billion pounds (US$16.8 billion) in the year to March, the company said in a statement. ...

May 18, 2016, Wednesday


Telecom providers join forces on broadband

CHINA Unicom and China Telecom said yesterday that they will work together to provide their users with better broadband services and standardized set-top boxes. The move is likely an effort to better ...

May 18, 2016, Wednesday




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