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Chinese smartphone billionaire is doubling Xiaomi's bet on India
BANGALORE/SYDNEY (March 31): The worst may be over for Xiaomi Corp.
March 31, 2017
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.
March 14, 2017
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.
February 06, 2017
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.
February 03, 2017
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.
January 13, 2017
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.
November 23, 2016
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.
November 21, 2016
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.
November 02, 2016
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.
October 12, 2016
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
October 11, 2016