Tag Archives: China
“Because of the pandemic, healthcare services and academia are the new spaces which are emerging as targets for malicious cyber actors, while the usual areas such as critical infrastructure, government, financial services, continue to be on their radar,” Bahl said.
5G focus for China’s Guangdong as manufacturing hub pledges to build 20 hi-tech industrial estates by 2022
China’s manufacturing heartland of Guangdong province has pledged to build 20 industrial estates by 2022 for firms that develop new industrial and business applications using 5G technology.The move by the provincial government is part of China’s programme outlined by President Xi Jinping to build “new infrastructure” to boost its economic recovery from the effects of […]
Chinese beverage chain Luckin Coffee has named Guo Jinyi, a co-founder and the company’s acting chief executive officer as its new chairman and CEO, replacing founder and former chairman Charles Lu. Why it matters: The power struggle in the topmost ranks of the embattled Chinese coffee chain may finally be drawing to a close. However, its future […]
Telco’s collaboration with China Unicom and Bridge Alliance allows enterprise customers of both mobile operators to make embedded SIM changes over-the-air, bypassing the need to manually configure their device SIM cards to change networks in Singapore or China.
As China’s legislature contemplates a sweeping legal framework to overhaul the patchwork governance of China’s data sector, Chinese data security experts criticized a draft as lacking in specific details. The draft Data Security Law was opened for review by the National People’s Congress Standing Committee on July 3. Why it matters: The draft data security […]
In just two years, budget phone Realme has become so popular outside its home market of China. How did this former Oppo sub-brand do that?
Startup Impact Summit 2020 lends insight to break into Hong Kong startup industry in 2-day virtual conference
Startup Impact Summit 2020 (#SIS20), a part of StartmeupHK Festival 2020, has wrapped up its online conference. Hosted by WHub, Hong Kong’s startup community platform and connector, and organised by Invest Hong Kong, the conference claimed to have attracted over 5,000 attendees across two days. The conference featured a series of keynote sessions, panel discussions, […]
Huawei reported a 13.1% year-over-year revenue growth in the first half of 2020, even if countries around the world continued to weigh up bans on its equipment and smartphone sales shrink amid the pandemic, the telecom giant said in a brief on Monday. The firm’s revenue reached 454 billion yuan ($64.88 billion) in the period, […]
According to Fashion United, the Fashion industry was riding an enormous success in the past decade with the market value at a whopping US$406 billion. However, the tables soon turned with the dawn of COVID-19, and the global retail scene soon became one of the industries reeling the hardest from its impact. Depending on the […]
Trade tensions between the US and China have been the talk of the town since the year 2018. With the two world powers undergoing a lengthy trade dispute, there are unending speculations on the impacts on both nations, and also the probable spillover effects on the Southeast Asian (SEA) countries. Rumour has it that Vietnam […]
Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network on Tuesday in a momentous decision that will delight Washington, dismay Beijing and signal the end of a two-decade long partnership with the country’s biggest mobile operator.The United States has pushed Johnson to reverse his January decision to grant Huawei a limited […]
As of today, the economic implications of COVID-19 are felt very palpably all over the world. While China maintains an optimistic position, business confidence in many other Asia Pacific countries has declined. US firms are some of the hardest-hit despite signs of state lockdowns ending soon, while buyer intent is also slightly down in Europe […]
Apple has left foreign video game developers scrambling to stay afloat in China, according to analysts, after the technology giant started removing thousands of unlicensed games from its local App Store this month to comply with the country’s regulations.A total of 2,394 unlicensed games had been removed by Apple from its China App Store on […]
Huawei said Monday its revenue during the first half of the year grew 13.1%, a significant slowdown from the same period last year as the company faces stricter sanctions from the United States. Why it matters: The Shenzhen-based telecommunications gear maker’s business in the first six months of the year was hit by a double whammy—a […]
Robotics start-up CloudMinds returns to China after US sanctions hurt its business in Silicon Valley
Cloud robotics and artificial intelligence start-up CloudMinds has abandoned plans to go public in the US, as it eyes a move to Shanghai and listing on China’s new Nasdaq-style board, after its business was hit by rising tensions between the world’s two largest economies.The company was founded in Silicon Valley in 2015 by Bill Huang, […]
Amid intense scrutiny over TikTok, WeChat, the essential tool for Chinese people’s day-to-day life, is also taking the heat from the U.S. White House trade advisor Peter Navarro told Fox Business on Sunday that “[TikTok] and WeChat are the biggest forms of censorship on the Chinese mainland, and so expect strong action on that.” Navarro […]
Tencent in talks to acquire Warframe’s parent company, a startup hits eight-digit funding pre-series A, and another helps you auction off used vehicles
BeiGene, once a target for short sellers, attracts jumbo deal from Amgen, hedge fund eyeing China’s red-hot pharmaceutical sector
China’s red-hot pharmaceutical and biotechnology sector is drawing in billions of dollars from US investors.No example is more surprising than the windfall that has come the way of cancer drugs developer BeiGene, a company once accused by a short seller of inflating its sales.The Nasdaq-listed firm boosted its cash hoard by US$2.1 billion in the […]