For a company of its size, Apple (Nasdaq: AAPL) has been surprisingly conservative about its investments in China, opening just a few of its trademark stores in a country that is already one of its top global markets but otherwise making few major investments. But that could soon change with talk that the world’s biggest tech company is aiming to open a research and development center in China, which has become an unspoken prerequisite for any company that hopes to successfully do big business in the country. Apple clearly needs to think about such high-profile, big investments in China if it ever wants to streamline some of the bureaucracy that has kept some of its most popular products out of the market for months after their global launches.
Tag Archives: Apple
News Digest: January 16 报摘：2013年1月16日
The following press releases and media reports about Chinese companies were carried on January 16. To view a full article or story, click on the link next to the headline.
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- Alibaba’s Jack Ma To Stand Down As CEO, Move To Chairman Role (English article)
- Apple (Nasdaq: AAPL) Hopes To Set Up Beijing R&D Center (Chinese article)
- Trina (NYSE: TSL) Obtains Rights to Develop 50 MW Solar Project in Gansu (PRNewswire)
- Wi-Fi + Cellular Models of iPad Mini & 4th Generation iPad Available in China On Friday (Businesswire)
- BYD (HKEx: 1211) Delivers 500 Electric e6 Police Cars to Shenzhen PSB (Businesswire)
Baidu Sniffs Kingsoft, Xioami Next? 百度与金山软件洽商合作 接下来与小米联姻？
The headlines have been buzzing this week with word that Baidu (Nasdaq: BIDU) could soon form a tie-up with software maker Kingsoft (HKEx: 3888), with many speculating the move by China’s leading search engine would be a direct assault on recent Baidu nemesis Qihoo 360 (NYSE: QIHU). But a far more interesting possibility in this potential new tie-up would be a future related deal that would bring together Baidu with the up-and-coming young smartphone maker Xiaomi, whose co-founder Lei Jun has strong ties with Kingsoft.
News Digest: January 12-14 报摘：2013年1月12-14日
The following press releases and media reports about Chinese companies were carried on January 12-14. To view a full article or story, click on the link next to the headline.
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- Sina (Nasdaq: SINA), Netease Youdao Partner on Microblog Translation (English article)
- China Mobile (HKEx: 941) Says Apple’s CEO Cook Discussed Cooperation Issues (Chinese article)
- Citic Telecom (HKEx: 1883) Buys 79 Pct of Macau Phone Operator (English article)
- Sohu (Nasdaq: SOHU) Announces Changyou (Nasdaq: CYOU) Mgmt Changes (PRNewswire)
- Robin Li Takes Direct Oversight of Baidu’s (Nasdaq: BIDU) Mobile Division (Chinese article)
News Digest: January 11 报摘：2013年1月11日
The following press releases and media reports about Chinese companies were carried on January 11. To view a full article or story, click on the link next to the headline.
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- Alibaba Group Reorganizes into 25 Business Units (English article)
- Founder of Group Buying Site 24Quan Confirms Company Has Closed (Chinese article)
- Apple’s (Nasdaq: AAPL) Tim Cook Meets With China Mobile (HKEx: 941) Chmn (English article)
- Tencent (HKEx: 700) to Fully Open Cloud Service (English article)
- Morgan Stanley (NYSE: MS) Buys 7.1 Pct of Youku Tudou (NYSE: YOKU) (Chinese article)
Smartphones: Xiaomi Sales, ZTE Tie-Up 小米迅速成长 中兴另辟蹊径
A couple of news bits from the smartphone space are shining a spotlight on 2 very different stories in the sector, with up-and-comer Xiaomi’s young but rapid growth moving ahead, while a struggling much larger ZTE (HKEx: 763) is trying a new approach to win more overseas business. The only common theme to these 2 different stories is the lightning pace of change that has developed in the dynamic smartphone space, where a manufacturer can now go from startup to superstar to laggard status in very short time.
News Digest: January 10 报摘：2013年1月10日
The following press releases and media reports about Chinese companies were carried on January 10. To view a full article or story, click on the link next to the headline.
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- Liu Qiangdong: Jingdong Mall Won’t Make IPO Before 2015 (Chinese article)
- China’s Insurance Regulator To Reject $9.4 Bln HSBC (HKEx: 5) Deal: Reports (English article)
- Xiaomi Sells 7 Mln Smartphones in 2012 (English article)
- ZTE (HKEx: 763), Telstra Launch Easy UI Customization for Global Operators (Businesswire)
- Apple (Nasdaq: AAPL) CEO Cook Visits China Unicom (HKEx: 762) This Morning (Chinese article)
Apple’s Cook Meets China Regulators 苹果CEO库克会见中国工信部部长
It may be cold and wintry in Beijing as the Year of the Snake approaches, but that isn’t stopping some of the world’s top high-tech CEOs from passing through the Chinese capital in pursuit of their own varied agendas. First Google (Nasdaq: GOOG) Chairman Eric Schmidt made a high-profile stop in Beijing en route to a visit to North Korea, and now we’re learning that Apple (Nasdaq: AAPL) CEO Tim Cook has also come calling on the nation’s capital this week. But whereas Schmidt’s visit seemed a bit whimsical to me, Cook’s trip looks much more practical, including an all-important stop at the nation’s telecoms regulator, the Ministry of Industry and Information Technology (MIIT). (Chinese article)
Apple’s Cook Meets China Regulators
It may be cold and wintry in Beijing as the Year of the Snake approaches, but that isn’t stopping some of the world’s top high-tech CEOs from passing through the Chinese capital in pursuit of their own varied agendas. First Google (Nasdaq: GOOG) Chairman Eric Schmidt made a high-profile stop in Beijing en route to a visit to North Korea, and now we’re learning that Apple (Nasdaq: AAPL) CEO Tim Cook has also come calling on the nation’s capital this week. But whereas Schmidt’s visit seemed a bit whimsical to me, Cook’s trip looks much more practical, including an all-important stop at the nation’s telecoms regulator, the Ministry of Industry and Information Technology (MIIT). (Chinese article)
News Digest: January 9 报摘：2013年1月9日
The following press releases and media reports about Chinese companies were carried on January 9. To view a full article or story, click on the link next to the headline.
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- Yum Brands (NYSE: YUM) Warns China Sales Fell More Than Expected (English article)
- Apple (Nasdaq: AAPL) CEO Tim Cook In China For Another Visit (Chinese article)
- MIIT Issues Draft For MVNO Service Trials (English article)
- China’s CDB Wavers On Funding HSBC’s Ping An (HKEx: 2318) Stake Sale: Sources (English article)
- Dangdang (NYSE: DANG) To Reduce Focus On 3C, Apparel (English article)
News Digest: December 28 报摘： 2012年12月28日
The following press releases and media reports about Chinese companies were carried on December 28. To view a full article or story, click on the link next to the headline.
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- Alibaba Group to IPO in 2013 – Source (English article)
- Taiwan’s Fubon (Taipei: 2881) Says To Buy China Bank Stake For $1 Bln (English article)
- LDK (NYSE: LDK) Ordered to Pay 297 Mln Yuan in Arbitration Ruling (PRNewswire)
- 8 Authors Win 400,000 Yuan in Copyright Case Against Apple (Nasdaq: AAPL) (Chinese article)
- Diodes (Nasdaq: DIOD) to Acquire BCD Semiconductor (Nasdaq: BCDS) (Businesswire)
