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  • August 23, 2014
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  1. Business - Companies - TECHNOLOGY

    ARM sees boon in chip technology licensing in China

    Posted Jul 23rd 2014, 01:33am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com British chip technology supplier expects mainland 4G push to boost licensing deals ARM banks on boom in smartphone sales ARM Holdings, the world's leading supplier of smartphone chip technology, aims to build up its licensing business on the mainland, where 4G mobile network expansion is driving global growth in smartphone sales. The British ...

  2. Business - China Business

    New private players fail to crack China mobile market

    Posted Aug 18th 2014, 04:01am by Sophie Yu

    ... Xiang Ligang, founder of information technology and telecommunications portal operator CCTime in Beijing. "In China's market, this is as good as negligible." The number of mobile users reached 1.26 billion by the end of May, according to the Ministry of Industry and Information Technology, about 90 per cent of the mainland population. Beijing has allowed 11 firms ...

  3. Business - Companies - IN BUSINESS

    Don't get carried away by advances in technologies

    Posted Jan 29th 2014, 05:02am by Stephen Vines

    ... by advances in technologies Automation, said Google chairman Eric Schmidt, is "a race between people and computers [that] people need to win". It's the kind of crowd-pleasing ... Economic Forum, which spent much of its time focusing on the impact of new technology. As far as I can gather, the consensus view of these self-important people is that new technology ...

  4. Property - International - ACQUISITIONS

    China Metallurgical wins tender for Singapore site with S$471.62m bid

    Posted Aug 22nd 2014, 11:24am by Peggy Sito

    ... square metres (about 608,414 square feet). The development will comprise 700 flats, together with commercial spaces. China Metallurgical said the acquisition would strengthen its position ...

  5. Property - Hong Kong & China - ACQUISITIONS

    SOHO China on lookout for acquisitions in prime locations

    Posted Aug 21st 2014, 02:03pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The mainland’s largest developer of prime office space, SOHO China, says it will continue to explore buying opportunities in prime locations in Beijing ... profit, excluding net valuation gains, rising about 128 per cent to 1.22 billion yuan (HK$1.54 billion) in the first half of the year on a stronger contribution from sales of commercial space ...

  6. Business - China Business - LISTINGS

    Lenovo start-up fund to float more holdings

    Posted Aug 22nd 2014, 01:21am by BLOOM

    ... that backed iDreamsky Technology through its initial public offering in the United States this month has three more candidates that are almost ready for share sales. LeFund, a US$100 million ... of cloud-based facial recognition technology. It competes with Face.com which was acquired by Facebook in 2012. Song said Face++ had a valuation of about US$100 million. Another investment is in Zaker, ...

  7. Business - Companies

    Amazon in Shanghai, Wal-Mart in drugstores

    Posted Aug 21st 2014, 06:58pm by Doug Young

    ... the space. Both of these stories highlight how the big international names are trying to use their clout and global connections to carve out a space in China's fast growing but highly competitive e-commerce space, which is now dominated by the domestic pair of Alibaba and JD.com (Nasdaq: JD). Let's begin with the more intriguing of the two news bits, Amazon's announcement ...

  8. Business - China Business - TECHNOLOGY

    Tencent enables users to pay utility bills through WeChat

    Posted Aug 22nd 2014, 12:24pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Users of Tencent’s WeChat platform can now use it to pay their utility bills as the mainland web giant seeks to expand in the mobile payment market. The service is being offered in cooperation with Shanghai Fufeitong Information Technology, a company that enables residents to pay utility bills online. A Tencent spokeswoman said users ...

  9. Business - Commodities - DIVERSIFICATION

    Shipbuilder China Rongsheng in oil and gas move amid widening losses

    Posted Aug 22nd 2014, 01:21am by JING YANG

    ... increase of oil output through upgrade and consolidation of the existing exploration technology and thereby to generate steady operating cash flows," it said. The shipbuilder plans to finance ...

  10. Business - China Business

    China to double spending on tourism sector

    Posted Aug 22nd 2014, 01:21am by Reuters

    ... and cultural protection would be emphasised, the numbers of people allowed into popular sites controlled and better planning for things like parking spaces enforced, it added. Tourism companies would ...




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