BEIJING (Reuters) – Industrial and Commercial Bank of China (ICBC)(601398.SS: Quote, Profile, Research, Stock Buzz) has deployed a new IBM (IBM.N: Quote, Profile, Research, Stock Buzz) mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant’s credentials in the country.
IBM’s joint announcement with ICBC, the world’s largest bank by market capitalization, shows IBM is still doing business with China’s state-owned banks despite widely circulated media reports in May that suggested China’s central government had ordered banks to remove IBM equipment because of cyber security concerns.
BEIJING (Reuters) – A Chinese antitrust regulator said on Tuesday that Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) had not been fully transparent with its sales data on the software it distributes in China, including information on sales of its media player and web browser software.
Microsoft has expressed willingness to cooperate with ongoing investigations, Zhang Mao, the head of the State Administration for Industry and Commerce (SAIC), told reporters at a briefing in Beijing.
BEIJING, Aug 22 (Reuters) – IBM will help China’s
largest server vendor Inspur International design
server systems, the two companies said on Friday, an unexpected
development in what has been a politically charged rivalry in
the Chinese technology market.
Since last year Inspur has aggressively marketed its servers
to Chinese state-owned firms as a replacement for IBM
(International Business Machines Corp) systems while U.S.-China
relations have worsened dramatically over mutual suspicions of
BEIJING (Reuters) – Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time that the tech giant is storing user data on Chinese soil.
BEIJING, Aug 14 (Reuters) – China Mobile Ltd,
China’s largest telecom provider, saw first-half net income
slide 8.5 percent as fierce competition from rival carriers and
Internet-based service providers heaped pressure on its slowing
Net profit was 57.7 billion yuan ($9.38 billion), largely in
line with a consensus analyst estimate of 55.7 billion yuan,
according to Thomson Reuters SmartEstimate, but represented the
fourth consecutive quarter of year-on-year profit decline.
BEIJING (Reuters) – China’s Lenovo Group said first-quarter profit jumped 23 percent, beating estimates, as a surge in smartphone sales showed how quickly the world’s biggest personal computer maker is transforming itself into a major player in mobile technology.
Beijing-based Lenovo said on Thursday net income climbed to $214 million in the three months through June from $174 million in the same period a year earlier, the opening quarter of its fiscal year. That was ahead of estimates of $202 million, according to a Thomson Reuters SmartEstimate poll of analysts.
BEIJING (Reuters) – Xiaomi Inc said it had upgraded its operating system to ensure users knew it was collecting data from their address books after a report by a computer security firm said the Chinese budget smartphone maker was taking personal data without permission.
The privately held company said it had fixed a loophole in its cloud messaging system that had triggered the unauthorized data transfer and that the operating system upgrade had been rolled out on Sunday.
Aug 11 (Reuters) – On a trip to Beijing a decade ago, Bill
Gates was asked by a senior government official how much money
Microsoft Corp made in China. The official asked the
interpreter to double check Gates’ reply as he couldn’t believe
the figure was so low.
It’s a problem that hasn’t gone away. Indeed, Microsoft’s
current issues in China conceal a deeper problem for the U.S.
software giant – despite the popularity of its Windows operating
system and Office suite, few people in emerging markets are
willing to pay for legitimate copies.
BEIJING (Reuters) – Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) products such as laptops and tablets are not banned from Chinese government procurement lists, according to the country’s chief procurement center, refuting a report claiming Apple was blacklisted on national security concerns.
According to a Bloomberg News report published on Wednesday, 10 Apple products, including MacBook laptops and iPad tablets, were taken off a government list of approved hardware due to security concerns.
BEIJING (Reuters) – International Business Machines Corp said on Thursday it would provide cloud-based risk analysis for a Chinese financial data firm in a deal that executives heralded as a model for future business in China, where state-owned enterprises are increasingly shunning foreign technology on security grounds.
Under the new software deployment model, financial data provider Shanghai Wind Information will send publicly available data to IBM’s cloud for risk analysis without having to disclose specific portfolio holdings or having to install IBM software or hardware on its servers.