Posts Categorized: Business


foxconn chip thumb

Foxconn signs letter of intent to build factory in Indonesia

The letter of intent states that the city has committed to provide a 200-hectare plot of land in Marunda, Central Jakarta, for the upcoming ...

  • February 10, 2014
  • at 10:21 am
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bitcoin

Bitcoin will not be regulated in Indonesia, but it’s still illegal

Indonesia’s central bank has stated today it will not regulate Bitcoin, according to DailySocial. Still, Bank Indonesia’s initi...

  • February 6, 2014
  • at 8:23 pm
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Line messaging app

Line messaging app racks up $338 million in revenue in 2013

The company behind the messaging app Line has today revealed some financial figures for Q4 (October and December) and the whole of 2013. Acc...

  • February 6, 2014
  • at 11:10 am
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Bitcoin BTC China logo

Bitcoin exchange BTC China starts accepting deposits again

When BTC China in December stopped accepting deposits in its home currency, the renminbi, global Bitcoin prices went into free fall. Sinc...

  • January 31, 2014
  • at 4:00 pm
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OPPO launches in India

Chinese phone-maker Oppo set to launch tomorrow in India

Chinese phone-maker Oppo is set to launch officially in India tomorrow, bringing its Android-based smartphones to a massive new audience. Op...

  • January 29, 2014
  • at 7:59 pm
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Apple gets huge revenue boost from Asia, including a record $8.8 billion from China

Apple gets huge revenue boost from Asia, including a record $8.8 billion from China

Apple (NASDAQ:AAPL) has revealed its financials for the quarter ending December 28, 2013 (called fiscal Q1 2014). They show that the Cuperti...

  • January 28, 2014
  • at 2:09 pm
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baidu-hq

Baidu launches search engine in Thailand, Brazil, and Egypt (Update: all taken offline)

Baidu, China’s top search engine, has quietly launched its search site over the weekend in Thailand, Brazil, and Egypt. The sites are loca...

  • January 27, 2014
  • at 11:50 am
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India's Micromax enter Russia, aims to be a top 4 phone brand this year

India’s Micromax enters Russia, aims to be a top 4 phone brand this year

Just as it promised a few months ago, Indian phone-maker Micromax today started operations in Russia. The official launch in the country bri...

  • January 23, 2014
  • at 9:53 pm
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Qihoo search engine

Watch out, Baidu: Qihoo aims at 35% share of China’s search engine market by end of year

Chinese software maker Qihoo (NYSE:QIHU) exploded into the search engine market in the summer of 2012, and managed to garner 10 percent mark...

  • January 20, 2014
  • at 5:00 pm
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Google takes nearly 6 percent stake in Lenovo, worth $750 million, as part of last month's Motorola deal

Google takes 5.94% stake in Lenovo as part of last month’s Motorola deal (Update: Not yet)

It has emerged today that Google (NASDAQ:GOOG) ploughed $750 million into Lenovo (HKG:0992) at the end of last month. It’s related to ...

  • February 7, 2014
  • at 1:37 pm
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Sony sells VAIO PC business

It’s official: Sony ditches Vaio, will spin off TV business

Weeks after rumors concerning the fate of Sony’s Vaio PC arm began to circulate, the Japanese electronics company today officially an...

  • February 6, 2014
  • at 4:11 pm
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DeNA Q3 2013 revenue profit

Struggling against new gaming challengers, DeNA sees revenues and profits plunge

The team at DeNA must be wearing out the minus buttons on their calculators. The mobile social gaming company posted its Q3 financial report...

  • February 5, 2014
  • at 3:40 pm
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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

China’s second biggest e-store files for US IPO, aims to raise up to $1.5 billion

After years of speculation, one of China’s top e-stores, JD, has filed to list publicly in the US. According to JD’s filing with...

  • January 30, 2014
  • at 11:33 pm
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yahoo riding alibaba monkey dog

Yahoo rides on the shoulders of Alibaba as the Chinese e-commerce titan continues to thrive

In the west, Yahoo (NASDAQ:YHOO) has been on a slow decline for years now. Its share of the search market pales in comparison to Google’...

  • January 29, 2014
  • at 4:33 pm
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Record Q4 for LG pushes it to 47.6 million smartphones shipped in 2013

Record Q4 for LG pushes it to 47.6 million smartphones shipped in 2013

South Korean gadget-maker LG (066570:KS) has released its Q4 2013 earnings report today, which shows some strong numbers. LG fought back aga...

  • January 27, 2014
  • at 4:00 pm
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samsung accelerator silicon valley thumb

Samsung Q4 profits down, pressured on both sides by iPhone 5s and cheaper Android competitors

In the final quarter of 2013 (.pdf), Samsung‘s (KRX:005935) operating profit fell 18 percent from the previous quarter. Looking at ...

  • January 24, 2014
  • at 2:00 pm
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IDC says Asia-Pacific PC shipments see first ever double-digit drop in 2013

IDC: Asia-Pacific PC shipments see first ever double-digit drop

Research firm IDC has done some number crunching on PC shipments in 2013, and the resultant numbers are grim. PC shipments in Asia-Pacific (...

  • January 21, 2014
  • at 1:59 pm
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outsourcing in India

India still leads global outsourcing sector, Philippines a close 2nd

Throughout Asia as well as globally, India and the Philippines have both been popular destinations for business process outsourcing (BPO) by...

  • January 20, 2014
  • at 4:30 pm
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