Mobile content, software
  • China's software industry consisting of 39,211 companies generated revenues of CNY5.051 trillion (US$752.4 billion) in January-October 2018, growing 15.1% on year, according to China's Ministry of Industry and Information Technology (MIIT).
  • Data Systems Consulting's operational headquarters at Taichung Software Park
    The Ministry of Economic Affairs (MOEA) has unveiled Taichung Software Park in central Taiwan, aiming to attract enterprises engaged in AI, big data, IoT, cloud computing, information and communication technology, system integration and cultural innovation to station there.
  • China-based e-commerce operator Alibaba Group hit record global sales of CNY213.5 billion (US$30.9 billion) during the 2018 Double 11 (Singles' Day) online shopping festival, and it has set ambitious goals: by 2036, its online shopping services will cover two billion consumers, deliver merchandise...
  • Telecom operators Taiwan Mobile (TWM) and Far EasTone Telecommunications (FET) both have announced that they will join Line Financial Taiwan to form a web-based banking institution, Line Bank, in Taiwan.
  • Online game firms Gamania Digital Entertainment and Soft-World International have reported third-quarter 2018 net EPS of NT$8.59 (US$0.28) and NT$1.97 respectively for January-September.
  • China-based Tencent Holdings has reported third-quarter 2018 consolidated revenues reached CNY80.595 billion (US$11.716 billion), increasing 9.39% sequentially and 23.59% on year.
  • Jaye Chiang, planning director at Werold Game Studio  Photo: Mark Tsai, Digitimes, November 2018
    AR (augmented reality) will surely integrate AI and IoT to facilitate wider applications to rehabilitation medicine, city tour guide or cultural promotions, and traditional human tourist guides will be replaced by AR, according to Jaye Chiang, planning director at Werold Game Studio, a Taiwan startup...
  • Taiwan-based web portal and e-commerce operator PChome Online has reported net loss per share of NT$8.40 (US$0.27) for January-September.
  • Samsung unveils Infinity Flex Display
    Samsung Electronics has unveiled a flexible display along with new developer tools for its Bixby and SmartThings platforms.
  • China-based e-commerce operator Alibaba Group Holding has released third-quarter 2018 consolidated revenues of CNY85.148 billion (US$12.398 billion), increasing 54.47% on year.
  • jio
    India-based telecom operator Reliance Jio is expected to become the world's 10th largest handset brand in 2018 with its shipments totaling 25-30 million units in the year, according to an estimate of Digitimes Research.
  • Alibaba Group already started pre-ordering on October 20 for the upcoming Singles' Day shopping festival, according to the company.
  • PChome Online president and CEO Kevin Tsai
    Taiwan-based PChome Online aims to generate transactions totaling NT$3 billion (US$97.2 million) during this year's Singles' Day, doubling the sum recorded in four days around the November online shopping festival in 2017, according to company president and CEO Kevin Tsai.
  • Taiwan-based live video streaming and interaction app 17 Media has become the largest one of its kind in the Japan market, according to the operator M17 Entertainment.
  • The end-user market for 5G networks in China may not enter a stage with meaningful growth until after 2022, as telecom operators there are aiming to kick off commercial operations of their 5G networks in 2020 leveraging the expertise they gained from the participation in the setting of the TD-LTE standards...
  • Four startup business accelerators, BE Accelerator, Center of Industry Accelerator and Patent Strategy (IAPS), SOSV-MOX, and ParkLabs Taipei, will be stationed at Taiwan Tech Arena (TTA) in Taipei, according to the Ministry of Science and Technology (MOST).
  • Jackie Yang, co-founder of Translink Capital
    Co-founder of Translink Capital Jackie Yang has accumulated 21 years of experience in venture capitalism since he first set foot in the field in 1996. Having witnessed the rise and fall of Taiwan industries and changes in technologies, Yang thinks although the PC and semiconductor industries that have...
  • Total transactions for B2B2C, B2C and C2C online shopping in the Taiwan market in first-half 2018 amounted to NT$124 billion (US$4.07 billion), increasing 6% on year and accounting for 5.9% of the period's total retail sales of NT$2,095.8 billion, according to Ministry of Economic Affairs (MOEA).
  • China's software industry consisting of 38,656 companies generated revenues of CNY3.446 trillion (US$540.9 billion) in January-July 2018, growing 14.8% on year, according to China's Ministry of Industry and Information Technology (MIIT).
  • Alibaba Group has reported its second-quarter 2018 consolidated revenues reached CNY80.920 billion (US$12.229 billion), increasing 61.25% on year. But net operating profit decreased 54.25% to CNY8.020 billion, while net profit dived 40.85% to CNY8.685 billion.
  • Taipei's Department of Information Technology, to promote its smart city program, will cooperate with OK Mart convenience store chain to set up a no-cash retail store at the city hall on a pilot basis.
  • Chester Wang, Acorn Campus co-founder and co-chairman of SVT Angels
    Co-chairman of SVT Angels and co-founder of Acorn Campus Ventures, T Chester Wang taught college courses in Saudi Arabia and invested in real estate in Silicon Valley before he began angel investing. From investing in real estate to investing in high-tech startups, from investing by himself to founding...
  • Hsing Kung, LuxNet chairman
    LuxNet chairman, Hsing Kung, has founded three companies. Among them, SDL was established in 1983, specializing in manufacturing optical communication devices. It was sold for US$41.1 billion 16 years later, awarding early investors a 10,000 times return on their investment. Then, Kung soon started...
  • China-based Internet service provider Tencent has reported second-quarter 2018 net operating profit of CNY21.807 billion (US$3.16 billion) and net profit of CNY17.867 billion. the former decreasing 28.95% sequentikally and 3.34% on year, and the latter slipping 23.28% and 2.00% respectively.
  • Bob Lin, co-founder of Acorn Campus
    Co-founder of Acorn Campus Ventures Bob Lin started six businesses, three of which succeeded and the others failed. In addition to being an angel investor, Lin is also the author of top-selling books. Lin has been through it all, from making a fortune to losing every penny. He put his thoughts and...

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