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Tech, Media & Telecom

China tops half a billion internet users

China recorded about 505 million users at the end of November last year, Reuters reported, citing the China Internet Network Information Center (CNNIC). The internet penetration rate increased 3.4% from the end of 2010 to 37.7% by November this year, still much less than the 75.5% rate in Japan and 77.3% in South Korea, as […]

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Tech, Media & Telecom

Apple moves closer to China Telecom iPhone contract

Chinese regulators have approved specifications for an Apple (AAPL.NASDAQ) device which could operate on the network of China Telecom (CHA.NYSE, 728.HKG), bringing the technology giant one step closer to expanding its iPhone reach in the country, Bloomberg reported. In a statement posted to its website, the China Radio Management Office announced that it had approved […]

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Law & Regulation Tech, Media & Telecom

FBI probes hacking of US-China security group

The FBI is investigating the hacking of emails sent and received by members of a congressionally appointed group that reports on the economic and military relationship between the US and China, the Financial Times reported, quoting two people familiar with the matter. The probe thus far points to an Indian hacking group, which posted several […]

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Manufacturing Tech, Media & Telecom

Huawei cancels planned India factory

Huawei Technologies has dropped a plan to set up a new manufacturing unit in India due to weakening demand from that market, The Wall Street Journal reported, quoting a top executive at the firm’s Indian operations. The Chinese telecommunications maker instead plans to sign a contract with a unit of Singapore-based Flextronics International to manufacture […]

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Law & Regulation Tech, Media & Telecom

China may cap movie ticket prices

Chinese regulators have proposed a new cap on movie ticket prices, a move that could stifle the country’s booming cinema business, The Wall Street Journal reported. The State Administration of Radio, Film and Television, known as SARFT, may impose a price cap on movie tickets and require theaters to show more half-price screenings in a […]