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Items tagged with China
The hits keep coming for Chinese telecom giant ZTE. Last week, the U.S. Department of Commerce announced that ZTE would be banned from buying components from U.S. companies for a period of 7 years due to its blatant disregard for a plea agreement to atone for previous transgressions. Now, a major Chinese regulator is coming down hard on ZTE, and is blaming the company for making the country look bad. China's State-owned Assets Supervision and Administration Commission (SASAC), which regulates domestic enterprises, said that ZTE's actions were simply "stupid and passive". SASAC went...
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Chinese hardware OEM ZTE has just been hit hard by the U.S. Department of Commerce after the company pled guilty to illegally providing telecommunications equipment to Iran and North Korea and lying about its actions. ZTE agreed to pay nearly $1.2 billion in civic and criminal penalties for shipping the goods, making false statements, and obstructing justice. While the financial penalties were no doubt significant, the Department of Commerce has an even stiffer penalty for the company that was announced today (terms of which ZTE agreed to comply with as part of the original plea agreement). American...
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The concept of smart glasses has not taken hold in the consumer sector, even when a company like Google was pushing the technology. Whether the timing was simply off or if the technology is not something consumers are ultimately interested in, it doesn't mean there is not a market to be had. Just ask China—local police in Beijing are testing out the use of smart glasses as security tools at highway checkpoints. According to Reuters, the smart glasses are made by LLVision. Using artificial intelligence technology, the smart glasses scan people's facial features and car registration plates,...
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LG is coming off its biggest year ever, in terms of overall revenue—it generated 64.1 trillion South Korean Won (around $55.4 billion U.S. currency) during all of 2017 and across all of its divisions, a 10.9 percent jump from the previous year. It also generated its highest profit since 2009, coming out ahead 2.47 trillion KRW (~$2.23 billion), so there is plenty to celebrate. However, its mobile division has been struggling, especially in China where LG has reportedly decided to stop selling smartphones. A Chinese-language news report quotes a representative at LG's Beijing office as saying...
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Just as the U.S. Navy looks to scrap its incredibly powerful railgun, the Chinese Navy have apparently installed a railgun of their own onto one of warships. A leaked image appears to give us our first glimpse at this immensely powerful weapon, but no real details are known about the Chinese weapon at this time. Image via NewScientist The image appears to show parts of the barrel of the railgun wrapped in camouflage (sort of like what we see automotive manufacturers using to hide the lines of their new vehicles during testing). If the weapon in the images is in fact a railgun, it would make China...
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Intel is in hot water after a report from The Wall Street Journal surfaced yesterday that claims that Intel announced to a handful of customers, including several Chinese companies, that its chips were susceptible to Meltdown and Spectre security flaws. Those two flaws affected chip technologies from Intel, AMD, and ARM. Security experts have taken issue with what Intel did because the early warning to the Chinese firms could have allowed the companies to alert Beijing officials on the flaws, giving China operatives extra lead time to exploit the vulnerabilities in the chips. Jake...
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Fans of the shooter genre in China will soon be playing PlayerUnknown's Battlefield under the watchful eye of Tencent. Tencent has announced that it has landed exclusive rights to PUBG in China, its home market. Tencent will run the servers for the game and has promised to deal with cheaters. Cheating in the game is a major problem; especially so in China. "PUBG has sold more than 20 million copies since we released the game in March 2017, and we expect our strategic partnership with Tencent to open up new horizons in the Chinese market," PUBG Corp chief executive officer CH Kim said. "We...
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Apple's decision to launch three different iPhone models has been met with a bit of intrigue since the plan originally came to light. Many figured that iPhone 8 sales might be sluggish as people held off for the fancier iPhone X. In China this has proven particularly true, as two major online retailers in China are already offering big discounts on the device to try and move iPhone 8 stock. Chinese e-tailer Suning.com is offering the iPhone 8 with discounts as large as 1,100 yuan, which works out to about $165.50 off the device. That discount makes it cheaper than pricing offered on the...
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The gloves are coming off in the legit brawl between two major players in the smartphone industry: Qualcomm and Apple. While we've detailed the legal bickering between the two tech giants on this site on numerous occasions, Qualcomm's latest move is aimed at crippling Apple's base of manufacturing in China. The majority of Apple's iPhones are manufactured in China, and Qualcomm has filed lawsuits in that country that seek to have production halted and ban all sales. Qualcomm alleges that Apple is infringing upon three non-standard patents, which include the technology that enables Force Touch on...
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A company called Blu Products is seeing red after Amazon, the world's largest online retailer, decided to halt sales of Blu brand smartphones over concerns that the company's handsets might contain spyware. Blu, which is based in Miami, denies that anything nefarious is going on and says that previous data collection capabilities through a third-party OTA application have been disabled. While Blu does not enjoy the same brand recognition as Samsung or Apple, it was able to carve out a following by selling lower cost Android devices. However, concerns over privacy started to mount after cybersecurity...
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Is your Apple ID and other data safe? Chinese authorities recently arrested twenty-two people accused of selling the personal data of Apple customers. It is currently unclear how many customers have been affected. Police officers from the provinces of Guangdong, Jiangsu, Zhejiang, and Fujian arrested the suspects this past weekend. Twenty of the the twenty-two suspects were “domestic employees of Apple” and worked for a “domestic direct sales company and outsourcing company”. The suspects reportedly used an “internal company computer system” to collect the data. We do not know the identities of...
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Apple has been criticized for not innovating as much as it could have with its iPhone 7, a handset that critics feel is an uninspired upgrade over previous iPhone models. If Apple is unwilling to listen to the critics, it may want to pay attention to the sales figures and market share reports, which seem to be saying the same thing. Over in China, Oppo is now the top dog while demand for the iPhone was "lower than expected." The latest figures from Counterpoint's Market Monitor service show that smartphone demand in China is still robust and growing. Smartphone shipments in the fourth quarter rose...
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The FBI is currently investigating a series of cyberattacks on the Federal Deposit Insurance Corporation (FDIC), that they believe the Chinese military to be responsible for. The attacks on high-level employees' computers started in 2010 and resurfaced again in 2011 and 2013. Victims included former FDIC Chairwoman Sheila Bair. The FDIC is one of three institutions responsible for regulating commercial banks in the United States. They manage confidential plans regarding how big banks would deal with bankruptcy. They also have access to the information of millions of individual American deposits....
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The supercomputer race has only just begun. Japan is currently planning to build the world’s fastest supercomputer. The machine, nicknamed AI Bridging Cloud Infrastructure (ABCI), would ideally be able to process 130 quadrillion calculations per second or 130 petaflops. Japanese Prime Minister Shinzo Abe has called for scientists, companies, and bureaucrats to work together in order to dominate robotics, renewable energy, and other up and coming industries. The Ministry of Economy, Trade and Industry will spend 19.5 billion yen ($173 million) on the supercomputer project and should commence in...
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