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China's Xiaomi Technology said on Tuesday it would spend US$1 billion to expand its internet TV content as the world's third largest smartphone maker ramps up its push into the living room, and a market estimated to be worth US$3 billion.
Reuters
Sony is to pull back significantly from the Chinese mobile market and appoint a new executive to head its mobile division as the company steps up efforts to fix its struggling smartphone business.
The Financial Times
Microchip Technology missed revenue targets for its second fiscal quarter ending September 30 and said the next quarter will see single-digit declines.
EE Times
The iPhone 6 will be sold in China from Oct 17, after rigorous regulator scrutiny led to Apple reassuring the Chinese government that the smartphones did not have security "backdoors" through which US agencies can access users' data.
Reuters
Amazon has stepped up its presence in China with a strategic partnership with the Shanghai Free Trade Zone (FTZ).
BBC News
China has condemned the US move to impose sky-high anti-dumping duties on solar imports, saying the action would strain the trade relations between the countries further.
International Bussiness Times
Foreign investment in China fell in May to its lowest level in 16 months, partly due to slowing growth.
BBC News
New York Times
16 Apr 2014
Despite the increase, it is a slowdown from 7.7% growth in the final quarter of last year.
BBC News
At an IBM factory in southern China, more than 1,000 workers have staged a strike to protest the company's plan to transfer employees to the Chinese PC arm, the Lenovo Group.
EE Times
Broadcom has announced that Datang Mobile, a core subsidiary of the Datang Telecom Technology and Industry Group, has selected Broadcom's dual-mode TD-SCDMA/TD-LTE system-on-chip (SoC) to develop a new family of enterprise and residential small cell solutions.
Company release
The companies are already selling lots of phones. But most of those sales are coming in China, and both companies admit they have work cut out for them elsewhere, including in the United States.
New York Times
Profits at Sina, owner of China's largest Twitter-like site Weibo, surged in the fourth quarter, boosted by a jump in advertising revenue.
BBC News
Qualcomm is under investigation in China for allegedly overcharging and exploiting its market position, which will see the US chipmaker facing fines of over US$1 billion.
ZDNet
Samsung Electronics Co said a memory chip plant being built in China will start operations as planned in the first half of 2014 and the company will remain flexible about further investment in the factory.
Reuters
Wang Yu-chi and Zhang Zhijun, the top cross-strait officials from each side, are both attending the four-day talks in Nanjing.
BBC News
Qualcomm may be hit with a record fine exceeding US$1 billion in a Chinese antitrust probe, raising the specter of harsh penalties for foreign firms facing an increasingly aggressive regulator.
Chicago Tribune
China and Taiwan officials set a date for talks next month, the United Daily News reported today, paving the way for the first official government-to-government meetings since a civil war six decades ago.
Bloomberg
Phablets, smartphones with displays 5.6 inches and above, are forecast to flourish in Far East and China, Juniper Research said in its new report.
Company release
China's Commerce Ministry has condemned a $1.1 trillion spending bill passed by the United States Congress last week over clauses that limit technological purchases from China, saying the limits clash with the principles of fair trade.
New York Times
ARM's chief executive has said the emergence of low-cost smartphones and Apple's move into China will drive sales at the British microchip designer.
Daily Telegraph (UK)
The deal is undergoing a second-phase anti-trust probe by China's commerce watchdog, which is taking longer than the usual 30 days, reportedly due to concerns from domestic handset makers over a potential Nokia licensing fee hikes.
ZDNet
The new 358,000 square-foot facility will become TI's seventh assembly/test (A/T) operation. Located on the same property as TI's existing wafer fab in Chengdu, the site will become the company's only end-to-end wafer fabrication and A/T facility.
Company release
As part of the agreement, iPhone 5s and iPhone 5c will be available from China Mobile's expansive network of retail stores as well as Apple retail stores across mainland China beginning on Friday, January 17, 2014.
Company release
Samsung Electronics built the world's largest smartphone business by tapping China's cheap and abundant workforce. Not for much longer: it's shifting output to Vietnam to secure even lower wages and defend profit margins as growth in sales of high-end handsets slow.
Bloomberg
So for Twitter to effectively grow its audience in Asia, it will be crucial to understand and appreciate the differences in user behavior between that region and the US - especially with regards to China.
CNNMoney
Qualcomm said the probe involved China's anti-monopoly law, but added that regulators told it the "substance of the investigation is confidential."
BBC News
A Wuxi court has approved Shunfeng Photovoltiac International's purchase of Suntech Power's manufacturing arm, taking the protracted saga closer to conclusion.
PV-Tech
Taiwan announced stricter rules for investment projects by Chinese companies as President Ma Ying-jeou seeks to overcome lawmaker resistance to legislation that would boost economic ties with China.
Bloomberg
The focus of the US operations will be to find and support partners that can leverage XMC's customized manufacturing capabilities. XMC is currently in production technology nodes down to 45nm. Its leading-edge fabrication facilities in Wuhan China can be configured to produce up to 60,000 300mm wafers per month.
Company release
China's exports rebounded to relatively strong growth in October while imports accelerated, adding to signs of a recovery in the world's second-largest economy.
Washington Post
Taiwan signed its biggest trade deal yet with a country that has diplomatic ties with Beijing, as the island tries to integrate its economy with the rest of Asia's and to diversify economic allies beyond China.
Bloomberg
US-listed chipmaker RDA Microelectronics said it received an US$18 per share buyout offer from China's state-owned Tsinghua Unigroup, which is funded by the Tsinghua University, marking it a second such bid in more than a month.
Reuters
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