After coming off its best quarter in China, Apple turned in markedly lower revenue for the region for its fiscal third quarter. But not too worry, CEO Tim Cook told analysts, China is still a "huge opportunity" for the software and hardware maker.
Apple on Tuesday said it earned $4.65 billion in revenue from sales in Greater China, which includes China, Hong Kong, and Taiwan. The amount was down an astounding 43 percent from the previous quarter when Apple made $8.2 billion from the same market. The China revenue figure was also 14 percent lower from … Read more
An iPhone being recharged is getting blamed for shocking another user in China, leaving a man in a coma for the past 10 days.
Wu Jian Tong received an electric shock when he picked up an iPhone 4 while it was recharging, according to a report in Beijing Wan Bao that was translated by ZDNet. The incident, which according to Wu's sister occurred July 8 when Wu was plugging in the handset, left the 30-year-old man in a coma at a Beijing hospital.
The charger was later found to be either a counterfeit or third-party product, according to the … Read more
Baidu, China's largest search engine and an increasingly strong force in the country's mobile market, plans to acquire a Chinese app platform company.
Baidu announced its plans on Monday, saying that it will acquire all issued shares in 91 Wireless for $1.9 billion. Baidu will acquire 57.4 percent of 91 Wireless from its parent company, NetDragon Websoft. The remaining shares will be bought from other shareholders who own the company's issued stock.
The acquisition, the largest ever for Baidu, is an important one for the company as it attempts to take on Android in China … Read more
Google's China chief has stepped down, the company has confirmed.
In an e-mailed statement sent to The Next Web on Monday, Google confirmed that John Liu has left the company to "pursue other opportunities." Liu led Google's China operation for nearly six years. In its statement, the company said Liu was "instrumental to developing Google's business in China."
Liu saw his fair share of troubles in China over the years. He was there as Google dealt with search complaints and censorship attempts from the Chinese government, led the initiative that took the search … Read more
Companies like Sony, Nintendo, and Microsoft may soon be able to sell their game consoles in China -- though there are a couple of catches.
The Chinese government is expected to terminate its 13-year-old ban on the sale of game consoles, the South China Morning Post reported on Wednesday. Lifting the ban is part of an overall strategy to create a "Shanghai free trade zone" in order to open up the Chinese economy to other countries, the Post said.
However, console makers who want to do business in China must agree to certain rules, sources told the Post. … Read more
The international tallest building arms race has been dominated by Dubai, with its Burj Khalifa, for several years, but China has upped the ante by unveiling what it calls the world's largest building.
The New Century Global Center building opened recently in Chengu, a city of more than 14 million people in southwest China's Sichuan province. It's described as "the world's largest standalone structure" by Chinese officials and is 328 feet high, 1,640 feet long, and 1,312 feet wide.
While Boeing's plant in Everett, Wash., is the world's biggest building by volume, the Chinese mall seems to be tops in floor space. Almost the area of Monaco, its 420 acres of floor space could fit nearly three Pentagons, four Vatican Cities, or 20 Sydney Opera Houses. … Read more
Amazon is facing a few demands from the Chinese government following charges of counterfeit book sales.
China's National Copyright Administration said it recently discovered 36 third-party Amazon sellers hawking books found to have violated copyright laws, according to Sina Tech, as reported by The Next Web.
To remedy the problem, the group wants the retail giant to make four changes: First, Amazon must shut down the 36 sellers in question. Second, it must tighten the criteria through which third-party sellers are approved. Third, it must improve communications between itself, publishers, and the National Copyright Administration and respond to customer … Read more
The embattled Sharp has entered into an agreement with state-run company China Electronics to form a joint venture focused on building LCDs.
Sharp's board of directors announced on Thursday (PDF) that they've formed a joint venture that will be known as Nanjing CEC-Panda LCD Technology, with China Electronics. That company, better known as CEC, will own 92 percent of the joint venture, leaving Sharp with 8 percent ownership.
According to Sharp, the newly formed company will start construction on an LCD production plant in August, and expects to start delivering panels in June 2015. It will focus its … Read more
South Korean news agencies and security officials say that cybercriminals have leaked the personal data of members of the U.S. military.
On Tuesday, South Korea suffered its latest round of cyberattacks on the day that marked the beginning of the Korean war 63 years ago. The South Korean Science Ministry confirmed that multiple government and private sites were affected. The Central News Agency, party newspaper Rodong Sinmun, national airline Air Koryo, and the presidential Blue House site were among those that experienced service outages.