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Lei Jun

Tech

Chinese smartphone billionaire is doubling Xiaomi's bet on India

BANGALORE/SYDNEY (March 31): The worst may be over for Xiaomi Corp. 

M&A

Technology M&A saw notable West-to-East value shift in 2016. Here’s why

SINGAPORE (March 14): Technology mergers and acquisitions (M&A) have hit an all-time global value record of US$466.6 billion ($660.1 billion) in 2016.

Broker's Calls

Analysts turn negative on StarHub

SINGAPORE (Feb 6): Market watchers have turned pessimistic on the outlook for StarHub, after the telco announced that it would cut distributions per unit by 20% for FY17 as operating expenses for its main mobile business continue to climb.

Results

StarHub posts 33.2% earnings decline in 4Q16 to $54 mil

SINGAPORE (Feb 3): StarHub has reported earnings of $54 million for 4QFY16, 33.2% lower than the earnings of $80.8 million in 4QFY15.

Broker's Calls

Skies remain overcast for M1

SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.
Mobile World Congress in Shanghai, China

Tech

How Apple lost China to two unknown local smartphone makers

BEIJING (Nov 23): Two years ago, Oppo and Vivo couldn’t crack the top five in China’s smartphone market. Now they outrank everyone after elbowing Apple aside, thanks to people like Cheng Xiaoning.

Tech

Galaxy Note 7 recall did not damage Samsung brand in US: Reuters/Ipsos poll

SAN FRANCISCO (Nov 21): A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt US consumers' willingness to buy Samsung Electronics phones, a Reuters/Ipsos opinion poll released on Sunday showed.

Results

StarHub’s 3Q earnings drop 27.6% to $86 mil from lower mobile services revenue, decline in non-operating income

SINGAPORE (Nov 2): StarHub reported a 27.6% fall in earnings to $86 million in 3Q from a year ago.
Samsung Galaxy Note 7

Tech

Samsung scraps Galaxy Note 7 over fire concerns

SEOUL (Oct 12): Samsung Electronics Co Ltd scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns.
Samsung Galaxy Note 7

Tech

Samsung tells partners to stop new Note 7 sales, replacements

SEOUL (Oct 11): Samsung Electronics Co. urged retail partners to stop sales and exchanges of its Galaxy Note 7 smartphone, the latest blow for the company buffeted by last month’s recall of the high-end device after reports the handsets were catching fi
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