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Shanghai Daily,上海日报


Sony expects annual loss at US$2b

Sony Corp President and CEO Kazuo Hirai bows during a news conference at the company’s headquarters in Tokyo yesterday. Sony expects its annual loss to swell to US$2 billion and has canceled dividends this fiscal year for the first time since it listed in 1958 after writing down the value of its troubled smartphone business, citing intense competition, especially from Chinese rivals....

September 18, 2014, Thursday

ZTE to double sales to 20m units in US

ZTE Corp aims to double sales to 20 million units in the US market this year, the Chinese telecommunication company said yesterday.ZTE planned to surpass LG to become the No....

September 18, 2014, Thursday

Jack Ma denies emigration ahead of Alibaba IPO

Jack Ma, expected to become China's richest man this weekend after Alibaba's initial public offering (IPO) in New York, said on Wednesday he will not emigrate. The Alibaba founder said on the company's ...

September 17, 2014, Wednesday

Alibaba boosts price range to seek up to US$25.03b to fuel expansion

Chinese e-commerce giant Alibaba has boosted the price range for what was already seen to be the biggest stock offering on record, to raise as much as US$25.03 billion....

September 17, 2014, Wednesday

Huawei set to tap financial demand

Huawei Technologies Co will strengthen its cloud computing, big data and server business in the next decade to meet booming demand from Internet users in the financial and government sectors,...

September 17, 2014, Wednesday

Alibaba may raise IPO size in US

Alibaba Group Holding Ltd plans to increase the size of its US initial public offering because of “overwhelming” investor demand, people familiar with the deal said yesterday.The Chinese e-...

September 16, 2014, Tuesday

Mr Black comes to mobile screens

China’s classic cartoon character Black Cat Detective, or Mr Black, will appear in a newly created mobile game, giving a lift to homegrown game developers in domestic and overseas markets....

September 16, 2014, Tuesday

Tencent among investors to restructure Sinopec Sales

CHINA’S largest Internet company Tencent said it has joined hands with one of the nation’s top insurers and an asset management company to invest 10 billion yuan (US$1.6 billion) for a 2.8 percent stake ...

September 15, 2014, Monday

Apple’s aura continues to shine and create buzz in IT industry

Chinese consumers and business were disappointed to learn that the mainland won’t be among the first markets for the global sales of new Apple products unveiled last week. Still,...

September 15, 2014, Monday

Samsung accuses LG executives of vandalism

Samsung Electronics Co has accused senior executives of domestic rival LG Electronics Inc of intentionally vandalizing its washing machines at retail stores in Germany and has asked for an official ...

September 15, 2014, Monday


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