Gerry's Feed
Sep 12, 2014

Huawei Technologies uncovers corruption in internal probe

BEIJING, Sept 12 (Reuters) – Huawei Technologies Co Ltd
, China’s largest telecom equipment maker, found four
employees in violation of the company’s policies on corruption
as part of an internal inspection, a source familiar with the
matter said.

In response to the findings, Huawei has held training
sessions to educate employees on how to steer clear of possible
bribery, the source said, declining to be identified because he
was not authorised to speak about the matter to the media.

Sep 11, 2014

China misses out on first wave of new iPhone releases

BEIJING, Sept 11 (Reuters) – Millions of people in China,
increasingly a critical pillar of Apple Inc’s business,
may have to wait until the year-end before they can buy the new
iPhone 6.

Although the iPhone 6 and iPhone 6 Plus will go on sale on
Sept. 19 in the United States and other markets, Apple is yet to
set a release date for China, the world’s biggest smartphone
market. China Mobile, the key distributor of the new
iPhone with more than 700 million subscribers on its sprawling
network, declined to comment.

Sep 4, 2014

Symantec dismisses talk of Chinese government ban as ‘noise’

BEIJING, Sept 4 (Reuters) – U.S.-based Symantec Corp
has continued to do business with Chinese government
agencies despite media reports last month suggesting that China
has blacklisted the firm’s security software in favour of
domestic products, said a top executive.

Adrian Jones, a former Oracle executive who was named
Symantec’s senior vice president for the Asia region in June,
dismissed reports of a government ban as “noise”, saying he
expected positive sales growth in China this year, potentially
outpacing the country’s economic expansion.

Aug 28, 2014

Microsoft CEO Nadella to visit China amid antitrust probe – source

BEIJING (Reuters) – Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company.

It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China’s antitrust regulators.

Aug 28, 2014

Exclusive: Microsoft CEO Nadella to visit China amid antitrust probe – source

BEIJING (Reuters) – Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company.

It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China’s antitrust regulators.

Aug 26, 2014

ICBC deal shows U.S. tech giant IBM still engaged in China

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.

Aug 26, 2014

China antitrust regulator says Microsoft not transparent with sales information

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.

Aug 22, 2014

IBM to help China’s Inspur to design servers

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
cyber-spying.

Aug 15, 2014

Apple starts to store user data on servers in China for first time

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.

The data will be kept on servers provided by China Telecom Corp Ltd (0728.HK: Quote, Profile, Research, Stock Buzz), the country’s third-largest wireless carrier, Apple said in a statement on Friday.

Aug 14, 2014

China Mobile profit falls 8.5 pct as rivals encroach

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
business.

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.