China Telecom (CHA.NYSE, 728.HKG) began selling Apple’s (AAPL.Nasdaq) iPhone in China last week, but analysts are skeptical that the US tech giant can expand its market share against Samsung Electronics (SMSD.LSE, 005930.SEO), Bloomberg reported. Apple has 7.5% of the smartphone market in China, compared to 24.3% for Samsung, according to data from the market research firm Gartner. The 16.8% […]
Category: Tech, Media & Telecom
A congressional advisory panel warned that a Chinese cyberattack on the US would be near-certain in the event of conflict and that the US lacks a policy to determine an appropriate response to such an action, The Wall Street Journal reported. A Northrop Grumman (NOC.NYSE) report for the US-China Economic and Security Review Commission, which […]
Have a yoke [of foreign domination] and a smile; The Proview vision
A court in China’s southern Guangdong province told Apple (AAPL.Nasdaq) to attempt an out-of-court settlement with Proview Technology (part of Proview International, 334.HKG) over its iPad trademark in the country, the South China Morning Post reported. The case, heard before the Guangdong Higher People’s Court on Wednesday, is an appeal after a lower court ruled […]
Sina Corp (SINA.NASDAQ) warned Tuesday that a new government requirement to verify the identities of users on its popular microblog service could negatively impact its business, The Wall Street Journal reported. The Chinese internet company said it swung to a fourth-quarter profit of US$9.3 million, or 14 cents a share, compared with a year-earlier loss […]