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  • October 26, 2014
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  1. News - Hong Kong - CRIME

    Smartphones worth HK$820,000 seized on lorry at Lok Ma Chau

    Posted Sep 23rd 2012, 12:00am by Amy Nip

    ... Parallel traders bought the phones from customers as they left Apple's Central store for HK$3,000 more than the official retail price, planning to resell them over the border. ...

  2. News - Hong Kong - TECHNOLOGY

    Interest in iPhone 5 lower than usual, Hong Kong parallel-import shops say

    Posted Sep 14th 2012, 12:00am by Amy Nip

    ... the iPhone 5, at parallel-import shops is anything to go by. Vendors said interest in the Apple device had been waning in the past two years. Samsung smartphones, on the other hand, had been gaining ... said Lau Chi-kong, who runs G-World Mobile. It sells parallel imports of phones in Sin Tat Plaza. The lack of surprises in the device, coupled with an abundance of smartphone competitors, also ...

  3. The Christmas fairy tale of the iPhone and the US trade deficit

    Posted Dec 24th 2010, 12:00am by Tom Holland

    ... iPhone sold in America this Christmas, the US trade deficit with China will go up by around US$170. (Actually that figure is based on an iPhone 3G. For each iPhone 4, the US deficit goes up ... to this year's US trade deficit with China, which is on target to hit a record US$270 billion (see the first chart below). That means iPhones alone will account for 1 per cent of the bilateral trade ...

  4. Business - Economy

    Trade-off between productivity gains and job losses isn't so simple

    Posted Feb 19th 2014, 02:06pm by PATRICK LOW

    ... be traded off for improved productivity, decision-makers are in an unenviable bind. If they pursue productivity growth, embrace new technologies, and foster innovation, they can climb aboard ... to all of them. If jobs must be traded off for improved productivity, decision-makers are in a bind Most economists believe the notion of a technology trade-off is ill-founded and flies ...

  5. Apple fans give new iPad a cool reception

    Posted Mar 09th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com The new iPad hype may be exceeding reality in Hong Kong, with the public unenthusiastic about the latest Apple product, if weak parallel import orders are to be judged. Lau Chi-kong, manager of G-World Mobile in Mong Kok, said he would import 100 new iPads and had begun to take orders. But so far he had only received 20 orders. Parallel ...

  6. Lenovo beats Apple to unveil smart television

    Posted Jan 10th 2012, 12:00am

    ... tablets. Introduced ahead of tomorrow's opening of the four-day International Consumer Electronics Show, the industry's biggest trade show in Las Vegas, the K91 is powered ... and games for download). That vision, however, parallels what Apple has already achieved with the integration of its online App Stores and new iCloud platform with the iPhone, iPod, iPad, iMac ...

  7. Business - Companies - Google

    Google shares soar past US$1,000 on strong earnings

    Posted Oct 19th 2013, 03:25pm by Agence France-Presse in New York

    ... Google is benefitting from increased screen fragmentation,” the broker said. Google reported its earnings after trade closed on Thursday. “We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device.” Google chief Larry Page The shares soared beyond the US$1,000 barrier in early trade on Friday, topping US$1,015 before settling at the close ...

  8. Business - Banking & Finance - TRADING

    HKEx opens stronger and faster computing centre

    Posted Feb 01st 2013, 12:00am by Ray Chan

    ... Chung-kong said the new data centre should lift overall trading service levels in the areas of clearing and data processing, as well as turnover. The centre aimed to boost the exchange's technological infrastructure and its competitiveness; it was not purely for high-frequency trading, said HKEx chief executive Charles Li Xiaojia. The exchange operator has increased the trading ...

  9. Trading portal for shipping eyes IPO

    Posted Nov 07th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com A mainland online trading portal for the shipping industry is planning to set up a joint venture with logistics firms and freight forwarders before ... from trading fees associated with these and the online booking services within the next two or three years. One industry insider said the system was similar to Tradelink in Hong Kong ...

  10. Record sales forecast as Apple rolls out third iPad version

    Posted Mar 05th 2012, 12:00am

    ... which rings an average of between 10 to 20 iPad 2 purchases each day. Lam said he had been besieged with inquiries about the iPad 3's release in Hong Kong. He expected parallel importers ... the world's biggest technology company. It has also moved firmly ahead of Exxon Mobil as the most valuable company worldwide, with a market capitalisation of US$508.31 billion at the close of trading ...




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