US ban on China’s ZTE forces telecoms to rethink business, sources say

LONDON, July 17 ― The US trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters….

Stepping up for Digital Sarawak

Over the past few years, under the stewardship of Chief Minister Datuk Patinggi Abang Johari Tun Openg, Sarawak has been placed on the fast track to developing its digital economy as part of the government’s effort to further boost Sarawak’s economic position in Malaysia. As Sarawak syncs itself with a world that’s growing constantly more […]

ZTE soars after US signs deal to lift tech-purchase ban

HONG KONG, July 12 — ZTE Corp’s shares surged after it inked an agreement with the Trump administration to allow the company to resume doing business with American suppliers, meeting a key Chinese government demand amid escalating tensions…

Broadcom to buy CA Technologies for US$18.9b cash

NEW YORK, July 20 — Broadcom Inc, a semiconductor maker whose acquisitions have reshaped the chip industry, agreed to acquire CA Technologies for US$18.9 billion (RM75.9 billion) in cash, branching out into corporate software to diversify its…

Samsung opens world’s biggest smartphone factory in India

NEW DELHI: Samsung opened the world’s largest smartphone factory in India, a move Prime Minister Narendra Modi said would help transform Asia’s third-largest economy into a global manufacturing hub. Modi and South Korean President Moon Jae-in inaugurated the giant assembling plant – an expansion of an existing Samsung facility – in the city of Noida […]

Xiaomi’s ill-timed debut sows doubt about its internet ambitions

HONG KONG, July 9 — Xiaomi Corp’s market debut has failed to convince investors that it’s capable of shedding a reliance on cheap phones and becoming an internet giant. The Chinese smartphone giant now faces intense scrutiny while it tries to…

Fujifilm debuts first Wonder Photo Shop in Penang

KUCHING: Fujifilm Malaysia this week unveiled its first Wonder Photo Shop in Penang, making it the fourth concept store of its kind for the ultimate photo printing and brand experience in Malaysia, alongside three other Wonder Photo Shops at Sunway Pyramid, Plaza Shah Alam and Isetan, Lot 10. Located at Queensbay Mall, the latest Wonder […]

Huawei says does not expect US sanctions

PARIS: China’s Huawei, the world’s largest maker of telecommunication network equipment, does not see itself becoming the target of US sanctions and will keep buying US chips this year, one of its three rotating chairmen told a French newspaper. Huawei, also the world’s third-largest smartphone maker, is a private company but has found itself battling […]

Trade war already threatens to ruin Christmas for retailers

NEW YORK, July 7 — It may only be July, but Christmas is fast-approaching for US retailers — and the threat of an escalating trade war with China has industries that have so far been spared increasingly worried their goods will be next on the…

Samsung says Q2 profit likely grew 5.2pc, slowest pace in over 12 months

SEOUL, July 6 — South Korean tech giant Samsung Electronics Co Ltd estimated today earnings would grow at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings….