Singapore October 16, 2014
Singapore August 12, 2014
Samsung’s troubles are far from over, says credit rating Fitch, predicting that the company’s share of the smartphone market will fall from 31 percent last year to 25 percent next year, reports the WSJ.
Nitin Soni, a Singapore-based director of corporate ratings at Fitch, warned that Samsung had lost its edge with consumers as Chinese companies like Xiaomi, Lenovo and Huawei make cheaper and cheaper products that meet most consumers’ needs.
He added that innovations like wearable devices and curved screens – two of Samsung’s recent tricks – are “unlikely to change the trend” …
Singapore July 2, 2014
Samsung, HTC and Motorola are likely to be looking a little nervously over their shoulders as Chinese smartphone manufacturer Xiaomi more than doubled its year-on-year sales. The company announced (via TNW) that it sold 26.1M phones in the first half of this year, more than it sold in the whole of 2013.
These are impressive sales for a company which sold its first smartphone just three years ago, and whose sales were initially limited to China. Its growth has been fuelled by expansion into Singapore, Malaysia, India and the Philipines, with the company now eyeing up Latin America as its next market … expand full story
Singapore December 10, 2013
Google’s proposed data center (red icon) location in the Tseung Kwan O Industrial Estate in Kowloon, next to a golf course.
News that Google was building new data centers in Hong Kong have circulated since the beginning of the year. Google has, however, now decided to cancel the project in Hong Kong. The company blames real estate acquisition issues as the reason for the decision. It isn’t immediately apparent if Google’s contentious relationship with the Chinese Government is to blame or if Honk Kong’s operation costs were at issue. It was reported in September 2011 that Google had already acquired 2.7 hectares of land n the Tseung Kwan O Industrial Estate in Kowloon which was expected to employ 25 full-time Googlers by this year…
Singapore June 13, 2013
Singapore May 30, 2013