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Articles about Yuan

Huawei campus Shenzhen

Huawei rakes in £2 BEEELLION in profits

Chinese tech success story and NSA spy target Huawei has seen profits jump by a third over the past year to 21 billion yuan (£2bn) on the back of strong growth from its enterprise and consumer businesses. The Shenzhen-headquartered firm cemented its place as one of the Middle Kingdom’s most internationally successful technology …
Phil Muncaster, 01 Apr 2014
alibaba logo

Chinese shoppers spend £100 MEEEELLION online in SIX minutes

The world’s biggest online shopping day got off to a flyer on Monday with Chinese e-commerce giant Alibaba recording 1 billion yuan (£102.5m) in sales on its Tmall site in the first six minutes alone. The 11.11 sales were first dreamt up back in 2009 as a way for merchants on the B2C site to make more money in the lull between …
Phil Muncaster, 11 Nov 2013

China's mobile underground revealed in new report

China plays host to a vast and highly sophisticated “mobile underground” where cyber criminals can buy the tools to launch attacks for as little as 100 yuan (£9.70), according to a new report from security vendor Trend Micro. The Mobile Cybercriminal Underground Market in China is the firm's follow up to two separate reports on …
Phil Muncaster, 04 Mar 2014
Spam

Chinese cops cuff 1,500 in fake base station spam raid

China’s police have arrested over 1,500 people on suspicion of using fake base stations to send out mobile SMS spam. The current crackdown, began in February, according to Reuters. Citing a Ministry of Public Security missive, the newswire says a group operating in north-east Liaoning province, bordering North Korea, is …
Phil Muncaster, 26 Mar 2014
Huawei Shenzhen headquarters

Huawei dismisses NSA backdoor claims as profits soar

It’s been a mixed week for Chinese telecoms giant Huawei after the firm announced impressive financials but was forced again to deny allegations of security weaknesses in its products. The device and telecoms kit maker announced its unaudited financials on Wednesday, claiming sales revenue for 2013 will reach between 238 billion …
Phil Muncaster, 16 Jan 2014

China turns screws on Bitcoin with third party payments ban

The emperor’s-new-clothes world of Bitcoin trading suffered another major blow this week after reports emerged that China has banned all third party payment providers from offering clearing services for digital currency exchanges. The Middle Kingdom’s central bank, the People’s Bank of China (PBOC), met with over ten payment …
Phil Muncaster, 18 Dec 2013

IT bloke inadvertently broadcasts smut on vast public screen

A Chinese techie who was supposed to be fixing a big screen overlooking a public square in Jilin instead accidentally broadcast 10 minutes of a Hong Kong grumble flick over the giant LED telly. According to the Beeb, Yuan Mou kicked back to admire Forbidden Legend: Sex and Chopsticks on his laptop, blissfully unaware it was …
Lester Haines, 04 Jul 2013
That expensive glass door before it was broken, credit Apple press photo website

Scalpers gouge China's fanbois for Genius Bar appointments

Chinese scalpers have found a new way to make a few extra yuan: book up all the Genius Bar slots in the nation’s Apple Stores then sell them on at a profit. Black market traders are snapping up time slots months in advance and then charging 10-40 yuan (£1-4) for each appointment on third party sites like the popular C2C trading …
Phil Muncaster, 31 Jul 2013
The Register breaking news

China fines Samsung and LG for LCD price-fixing

Samsung and LG Electronics, along with four Taiwanese companies, have been fined by the government for jigging LCD screen prices between 2001 and 2006. The secret negotiations held the prices of LCD screens artificially high, China's National Development and Reform Commission found - affecting the manufacture of phones, laptops …
Anna Leach, 04 Jan 2013
Xiaomi Mi3 smartphone

Xiaomi plans global domination with fast smartphones and software

The established smartphone vendors should prepare for challenge from China: Xiaomi, a firm started just three years ago by a Chinese serial entrepreneur and Google's ex-head of engineering, has announced plans to move out of the Middle Kingdom and onto the world stage. The first time many people in the Western world heard of …
Iain Thomson, 06 Sep 2013
Qinling panda

Panda-peddlers cuffed for chess gambling gambit

Two Chinese virus writers jailed in 2007 for spreading the info-stealing Panda (Fujacks) malware have been nabbed again after setting up an illegal online gambling site on their release from prison. After getting out of the slammer, Zhang Shun and Li Jun decided to go straight and launch an online gaming company, however things …
Phil Muncaster, 17 Jun 2013
Evil Android

Android update process gives malware a leg-up to evil: Indiana U

Researchers from Indiana University Bloomington have tagged a vulnerability in the way Android handles updates, which they say puts practically every Android device at risk of malicious software. As ThreatPost explains, the vulnerability uses the update process to “ramp up the permissions given to malicious apps once Android is …

Hong Kong to welcome planet's second EVER Bitcoin ATM

Hong Kong is set to make waves in the crypto-currency industry after it was revealed as the location for the world’s second Bitcoin ATM. Robocoin Technologies CEO Jordan Kelley told the South China Morning Post the company is looking at several potential sites in the Chinese SAR. "I think Hong Kong is a very progressive …
Phil Muncaster, 06 Jan 2014

China shutters Windows ‘rival’ Red Flag Linux

China’s homegrown answer to Windows has gone the way of the dodo after failing to make an impact on the domestic market for operating systems. Red Flag Linux has terminated all staff contracts and gone into liquidation, according to a notice pinned to the door of its deserted headquarters in Beijing, spotted by TechInAsia. The …
Phil Muncaster, 14 Feb 2014

Chinese cops cuff Hong Kong Bitcoin scammers

Chinese police have nabbed three people suspected of running Bitcoin exchange GBL, which closed down abruptly in October taking with it over 25 million yuan (£2.5m, $US4.1m) of investors’ money. The three were arrested all over the country, in Guizhou province, Anhui province and Shenzhen city, according to Xinhua. They are a …
Phil Muncaster, 04 Dec 2013

China cuffs 60,000 pirates in 2013 crackdown

Police in China arrested just shy of 60,000 people suspected of copyright abuses last year, in cases worth 173 billion yuan (£17bn). A total of 59,222 perps involved in 55,180 cases were cuffed in 2013, according to Ministry of Public Security stats revealed by state-run newswire Xinhua. Some 1,260 criminal networks were …
Phil Muncaster, 24 Jan 2014
gavel_judgment_channel

Apple loses again in Chinese App Store copyright case

Apple has lost another copyright case in China after it was held responsible for content third parties uploaded to the bookish corner of its App Store. The company was ordered to pay three Chinese writers more than 730,000 yuan (£76,600) in compensation after allowing their content to be uploaded and sold on the App Store …
Phil Muncaster, 26 Apr 2013
xiaomi Mi Wi-Fi router

Xiaomi taps the HYPEGEIST with 10 pence DIY Wi-Fi router

What do you get for the geek who has everything this Christmas? Well, if you’re in China and you have 1 yuan (10p) to spare, Xiaomi has just launched in beta a self-assembly smart Wi-Fi router with a 1TB hard drive. Announced by former Android product manager Hugo Barra in a Google+ post on Monday (h/t TechInAsia), the new Mi Wi …
Phil Muncaster, 17 Dec 2013

Apple lifts skirt, flashes leg at shoppers on Chinese web mall

Apple has taken the unprecedented step of touting its wares on a third party e-commerce platform in a bid to step up sales in China, with the launch of a TMall storefront. A spokesperson for parent company Alibaba confirmed to The Reg that the Apple Store at apple.tmall.com is an official Cupertino venture. The news comes on …
Phil Muncaster, 08 Jan 2014

Apple supplier's '11-hours-a-day' toilers have '1 day off a month'

A Hong Kong rights group has accused supplier Biel Crystal of mistreating workers who are making touchscreens for Apple, Samsung and other smartphone makers. The Students & Scholars Against Corporate Misbehaviour (SACOM) released a report which claimed that Biel was forcing employees to work 11-hour shifts, seven days a week …

Chinese government to spend $277 BEEELION on air-quality improvements

The Chinese government has launched an ambitious – and expensive – new plan to aggressively combat some of the world's worst air pollution. According to a report in the US edition of China Daily, the central government has pledged to invest 1,700 billion yuan ($277bn) in support of the effort, which will focus on improving air …
Rik Myslewski, 26 Jul 2013

China's central bank hit by DDoS after Bitcoin blitz

Angry Bitcoin users are suspected of DDoS-ing the website of China’s central bank following tough new restrictions it levied this week which appear to have forced the world’s biggest Bitcoin exchange into meltdown. Chinese news site 163.com (via The Diplomat) claimed that the People’s Bank of China (PBOC) web site and weibo …
Phil Muncaster, 19 Dec 2013
Smartphone user on Tube

Hate Skype now it's part of Microsoft? How about a Chinese clone, then?

Look out Skype; China Mobile has launched a new VoIP service in a bid to snag international users making or receiving calls from the People’s Republic. Launched by China Mobile International, the Hong Kong based subsidiary of the world’s largest operator, Jego is available free of charge to iOS and Android users. Any user …
Phil Muncaster, 21 Nov 2013
cloud

Amazon cuddles up to Chinese public sector with AWS rollout

Amazon has sent its cloud service floating high over China for the first time after announcing a limited rollout of its AWS cloud platform, making the Middle Kingdom the 10th country to be offered the service.. A "select group of China-based and multinational companies" will be offered the chance to try out the cloud at the …
Team Register, 18 Dec 2013

Chinese Bitcoin exchange DISAPPEARS, along with £2.5 MEEELLION

Chinese Bitcoin exchange GBL has shut down, taking with it over 25 million yuan (£2.5m, $US4.1m) of investors’ money, in another warning to those who don’t look before they leap with the digital currency. Users first suspected something was up on October 26th when they could no longer access the site of Global Bond Limited (GBL …
Phil Muncaster, 12 Nov 2013
The Register breaking news

Chinese court orders Apple to cough £100k to writers for violating copyright

Apple got a nasty post-Christmas present in China on Thursday when a Beijing court hit it with a 1.03m yuan (£102,000) fine after ruling the fruity tech titan was responsible for applications which appeared on its App Store containing unlicensed content. The Beijing No 2 Intermediate People's Court concluded that Apple had …
Phil Muncaster, 30 Dec 2012
Apple iPhone 4S

Apple the victim after Chinese scammers exploit returns policy

The on-going saga over Apple’s “unfair” after-sales service in China has taken another twist after it was revealed that scammers exploited its returns policy to exchange fake parts for real ones, enabling them to build and sell new devices. Five employees at an electronics store selling Apple goods were arrested in the Chinese …
Phil Muncaster, 15 Apr 2013
Baidu Logo

Chinese web firms sue search giant Baidu for video piracy

A group of Chinese web and film companies have banded together to take search giant Baidu to court over allegations of video piracy. The group, which includes companies like Tencent Holdings, Sohu.com and Youku Tudou, call themselves the Joint Action Against Online Video Piracy in China. They are looking for 300 million yuan ($ …

Chinese cloud firm offers 'love bonus' to amorous staff

A Chinese cloud computing company has taken a novel approach to improving staff morale, ignoring all workplace common sense by encouraging its employees to hook up with each other, and with those of rival firms, in return for a financial reward. Chengdu Cloud Computing, based in the booming tech hub of Chengdu, in western China’ …
Phil Muncaster, 20 Nov 2012
EU Kids Online

China's Qihoo unveils kids' smart watch for nosy parents

Controversial Chinese web and AV firm Qihoo 360 has entered the smart watch market with a new device aimed at paranoid parents who want to track their children’s whereabouts. The wrist-mounted gadget has been designed to “help parents protect their children from human trafficking and other tragic accidents”, Qihoo founder Zhou …
Phil Muncaster, 31 Oct 2013
Edward Snowden's asylum documents. Source: RT

Chinese firm applies for 'Edward Snowden' trademark

A Chinese electric vehicle (EV) company has made a bold attempt to cash in on the publicity surrounding PRISM whistleblower Edward Snowden by filing an application to register his name as a trademark. Beijing-based Hong Yuan Lan Xiang (HYLX) wants to register the name in both Chinese and English for its “top secret technologies …
Phil Muncaster, 21 Aug 2013
The new Twitter logo. Pic: Twitter

Sorry Dick: 3 reasons why Twitter will NEVER be unblocked in China

Twitter CEO Dick Costolo is in China this week visiting the country but rumours of the microblogging platform’s resurrection there have been greatly exaggerated. Twitter and Facebook have been blocked in the Middle Kingdom since 2009, when the government claimed they had been used by protesters to organise ahead of deadly anti- …
Phil Muncaster, 18 Mar 2014
Geak Ring China

'Smart ring' revealed by upstart Chinese mobe-maker

Glasses and smartwatches dominate talk about wearable technology, but there's a new piece of binary bling to consider: a smart ring from new Chinese mobe-maker Geak. The little-known company yesterday introduced the Android-powered Mars and Eye smartphones alongside the Geak Watch and Geak Ring. The wearable devices serve as …
Phil Muncaster, 18 Jun 2013
The Register breaking news

Nine sentenced in Chinese kidney-for-iPad scheme

Note to Apple fanbois: If anyone approaches you with an offer to fund your iOS addiction in exchange for your internal organs, that person might be a criminal. So says the shocking verdict from the Chenzhou Intermediate People's Court in Hunan province, China, which on Thursday found nine people guilty of illegally purchasing a …
Neil McAllister, 30 Nov 2012
Huawei campus Shenzhen

Huawei set to leapfrog Ericsson ... if the sums add up

Chinese telecoms kit maker Huawei could be set to leapfrog market leader Ericsson after it estimated 2012 revenue will jump eight per cent year-on-year to 220.2 billion yuan (£22.4bn). The Shenzhen-based company released unaudited results yesterday in which it said it expected profits to surge 33 per cent from 2011 to reach 15.4 …
Phil Muncaster, 22 Jan 2013
Great Wall of China

China's lifting of internet blockade denied by state media

Hopes that the Chinese government was about to relax its strict internet censorship regime in Shanghai appear to have been dashed after state-run media ran stories denying previous reports. An “exclusive” from Hong Kong’s South China Morning Post on Tuesday, referencing anonymous government sources, claimed that the Great …
Phil Muncaster, 26 Sep 2013
Generic mast

China bets the house on LTE TDD

Swedish telecoms kit maker Ericsson has scored something of a coup by landing a deal with China Mobile to deploy LTE TDD, the variant of the LTE standard favoured in China, to 15 Chinese provinces that house 63 per cent of the nation's population. China Mobile's decision to go with LTE TDD on such a wide scale is significant …
Phil Muncaster, 20 Nov 2013
Intel IDF Beijing Inspur Itanium server

Inspur's K1 marks China's high-end server debut

Little-known Chinese vendor Inspur has finally unveiled what it claims is the country’s first fully home-grown, high-end server. The Inspur Tiansuo K1, which was actually showcased at IDF Beijing last year, has taken four years and 750 million yuan (£76m) to develop, according to Xinhua. Its development was part of the “863 …
Phil Muncaster, 24 Jan 2013
Artist's rendering of the concave Vdara hotel

Chinese hotel guests find data spaffed all over the internet

Chinese hotel-goers beware – newspaper reports from the Middle Kingdom claim that the personal details of thousands of guests from major hotel chains have been leaked online. The personal information appeared in a page on e-commerce platform Taobao, where a seller offer 8GB of data for 2,000 yuan (£203), and on a website called …
Phil Muncaster, 22 Oct 2013
Photo of the iPhone 5S in various colors

One more thing ... Beijing green lights iPhone in China

Apple's infamously stage-managed launch events have been upstaged by China's government, which let it be known the fruity phone company has been granted a license to operate its new iPhone 5S and 5C models on China Mobile’s forthcoming 4G network after its Beijing launch yesterday. The Ministry of Industry and Information …
Phil Muncaster, 12 Sep 2013
ChinaRemote-sensing satellite "Yaogan V" is launched with a Long March-4B

Pakistan signs up for China's GPS rival

China’s home-grown sat-nav system Beidou (BDS) is expected to add yet another customer after Pakistan signed up to host ground stations for the service. Pakistan will follow Thailand, Laos and Brunei in becoming a Beidou customer later this month, according to China Daily. Huang Lei, international business director of Beijing …
Phil Muncaster, 20 May 2013
Picture of the Miss Piggy puppet

Chinese gaming giant NetEase opens pig farm

Chinese online gaming giant NetEase has made a surprise move into the commercial pig-rearing business. The firm, which runs the hugely popular 163.com web portal, announced revenues of two billion yuan (£199m) in the second quarter from its massively multiplayer online games and other services. Now founder William Ding, who …
Phil Muncaster, 19 Oct 2012
shanghai 336x191.jpg photo credit: setosupraenergy licensed under creative commons

China ready to unblock access to Facebook, Twitter et al

The Chinese government may have finally relented in allowing unfettered access to previously blocked sites such as Facebook and Twitter, but only for users within the newly-created 28km2 Shanghai Free Trade Zone. Anonymous government sources told Hong Kong newspaper The South China Morning Post that senior leaders in Beijing had …
Phil Muncaster, 24 Sep 2013

Apple said to ink deal with China Mobile, adding 760 million potential iPhone customers

Apple has reportedly signed a deal with the world's largest mobile phone service provider, China Mobile, although a conflicting report says that the telco giant is "still negotiating" with Cupertino. The original report comes from The Wall Street Journal, citing that ever-loquacious "person familiar with the situation." A China …
Rik Myslewski, 05 Dec 2013
medical_doctor_health_channel

Kidney-for-iPad fanboi sues after illness strikes

An 18-year-old Chinese lad who used money from selling one of his kidneys to buy an iPhone and iPad 2 is now suing for compensation of 2.27 million yuan (£227,785). The misguided fanboi from Anhui province, surnamed Wang, was 17 when he agreed to the illegal transplant procedure in April 2011. In total, he received just 22,000 …
Phil Muncaster, 13 Aug 2012

Alibaba comes again with Android-unfriendly mobile OS

Chinese e-commerce giant Alibaba Group has unveiled a new plan to reinvigorate its home-grown mobile operating system (AMOS) after a high profile fall-out with Google last year effectively prevented the world’s major handset makers from partnering on the OS. The cloud-based AMOS, formerly known as Aliyun OS, hit the ropes last …
Phil Muncaster, 16 Apr 2013
Still from Iron Man. Pic: Paramount

Behold: China's robot noodle army!

Former chef Cui Runguan has created an army of noodle-slicing robots that he hopes will staff restaurants across China. The 'Chef Cui' appears to be modelled on the upper torso of 1960s Japanese TV robot hero Ultraman, complete with rather sinister yellow flashing eyes. Its left hand holds the ball of noodle dough while the …
Phil Muncaster, 22 Aug 2012
grab_that_cash

Fraudsters nick BILLIONS from China's e-commerce Wild West

China’s burgeoning e-commerce industry has been remorselessly exploited by internet fraudsters to the tune of 30 billion yuan (£3bn) over the past 12 months despite police efforts to clamp down on dodgy sites. Industry group the China Electronic Commerce Association (CECA) was behind the concerning stats. CECA claimed that out …
Phil Muncaster, 15 Aug 2012

Peak Apple: Has ANYONE at all ordered a new iPhone 5c?

Apple has failed to disclose the sales figures for its new iPhone for the first time since 2009, sending fanbois and investors into a spiral of doubt and fear. The fruity firm normally thrusts upon the world a boastful press release announcing how many gazillions of new iMobes ordered even before the things have hit the shelves …
Jasper Hamill, 17 Sep 2013

Microsoft claims £3.6m piracy scalp in China

Microsoft’s anti-piracy efforts in China chalked up a big win last week when Shanghai retailer Ruichuang Network Technology agreed to pay 36 million yuan (£3.6m) to the software giant in compensation for several infringements. The firm posted a statement on its popular 2345.com portal site expressing “profound apologies” to …
Phil Muncaster, 03 Dec 2012