Articles about Yuan

Microsoft-themed Monopoly board

China in MONOPOLY PROBE into Microsoft: Do not pass GO, do not collect 200 yuan

Chinese regulators have confirmed they are investigating Microsoft for possible breaches of anti-monopoly laws, following a series of surprise visits to Redmond's offices in cities across China on Monday. In a Chinese-language statement posted to its website on Tuesday (see robo-translation), China's State Administration for …
Neil McAllister, 29 Jul 2014

Microsoft delays Xbox One launch... Big Trouble in Big China?

Microsoft pushed back the release of its Xbox One console in China to the end of 2014 on Sunday, without explaining why the launch of its product in the People's Republic had been delayed. The Indian launch is expected to take place tonight. GeekWire reported that Redmond needed "a bit more time to deliver the best experiences …
Team Register, 21 Sep 2014
Can you figure out the mystery company?

Guess which US tech giant was just hit with a $137m tax bill in China?

The Chinese government doesn't want to embarrass whichever US multinational it just slapped with a US$140m bill in back taxes – but let's just say it's large and its name begins with the letter "M." OK, it's Microsoft. But neither China nor the software giant are coming right out and admitting it. According to a story from the …
Neil McAllister, 26 Nov 2014
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
closed_sign shut down under collapsed liquidation

China Mobile to quit WiFi rollout

After spending 17 billion yuan on WiFi hotspots – more than $US2.75 billion at the current exchange rate – China Mobile has quit on the rollout and will redirect its spend to LTE. The reason for the decision, reported in Sohu IT (original in Chinese, here), is simple: the hotspots don't make money. Sohu IT says the hotspots are …
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
Stock ticker board

Acer pair charged with insider trading for '$72k pre-results stock dump'

Two senior Acer staffers have been charged with insider trading – after allegedly offloading shares worth $72,300 just before the PC giant announced fresh financial losses. Former company mouthpiece Henry Wang and investor relations division senior manager Jiong Yuan Chen were charged in Taiwan late last week along with five …
Paul Kunert, 12 May 2014

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

Chinese biz bloke builds his OWN 3,500-mile Tesla charger network

Disappointed at the lack of charging stations for his Tesla S electric car in his home province, a Guangdong-based businessman has responded in typically Chinese fashion: he built his own. And not just one, either. According to English-language news site Caixin Online, 44-year-old Zong Yi used his own money to buy and install an …
Neil McAllister, 14 Jul 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
China's Tianahe-1A Supercomputer

China's world-beating Tianhe-2 super has brawn, not brains

China has put a lot of iron into its 2.5 billion yuan (roughly $US400 million) world-beating home-grown supercomputer, but concerns are now emerging that too much attention on the hardware has come at the expense of giving the system usable software. The latest TOP500 report reconfirmed the position of China's 3-million-core, …

Alibaba reports China's Singles Day is the world's biggest orgy of shopping

Black Friday and Cyber Monday, the orgy of shopping that takes place after the US Thanksgiving holiday, has lost its crown as the biggest shopping event of the year to China's Singles Day, after Middle Kingdom buyers splurged over US$9bn consoling themselves for being sad and alone. Singles Day, so named because of the date 11. …
Iain Thomson, 12 Nov 2014
Tesla's Elon Musk

Tesla trademark spat threatens Musk's China dream

Elon Musk’s electric wagon biz Tesla may be forced to retreat from China after Chinese businessman Zhan Baosheng claimed he owns the trademark "Tesla". Guangdong-based Zhan registered 特斯拉 (Te Si La) in 2006 – well before Tesla set up shop in the Middle Kingdom. According to Reuters, Tesla thought the dispute was resolved in …
Simon Rockman, 08 Jul 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

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

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
Bitcoins

Chinese Bitcoin farms: From scuzzy to sci-fi

Somewhere in very rural northeast China lies a dusty and dirty factory where the deafening roar of machinery leaks from an armada of Bitcoin mining rigs. Inside a secret north china bitcoin mine. Copyright Jacob Smith (Bitsmith) @ The Coinsman - used with permission Inside the secret north China Bitcoin mine. Copyright Jacob …
Darren Pauli, 12 Aug 2014
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

Huawei's turnover rockets upwards. Suck on that, US government

Execs at Chinese hardware maker Huawei are laughing all the way to the bank after reporting a healthy bounce in revenues and margins, despite being effectively blockaded by some governments in the West. The maker of telco kit, smartphones and enterprise networking gear today said that turnover for the first half of calendar '14 …
Paul Kunert, 21 Jul 2014
Slick looking picture of  xiaomi's Mi3 Android smartphone

Xiaomi: Hidden Android dragon is growing fast, despite being unknown in the West

Xiaomi - the fastest growing mobile phone manufacturer - is now Number Three in China and setting its sights on the top spot. The company has said through its blog that it sold 26.11 million phones in the first six months of the year and has set a target of 60m phones for the full year. The figure shows extraordinary growth of …
Simon Rockman, 02 Jul 2014
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
Sorry we're closed

Samsung supplier halts assembly line amid child-labor probe

Debt collectors are literally circling the factory of a Chinese supplier to Samsung, where the assembly line remains halted following allegations that it hired underage workers. Samsung, which claims to have a "zero tolerance policy on child labor," said in a statement last week that it had temporarily suspended its relationship …
Neil McAllister, 21 Jul 2014
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

Get BENT: Flexy supercapacitor breaks records

It doesn't sound like a huge number, but 6.3 milliwatt-hours per cubic mm is a breakthrough: it's the highest volumetric energy density so far achieved in a microscale carbon-based supercapacitor. Such devices are keenly sought in electronics research to drive the growing wearables market, since battery life is a big issue among …
Mi Pad

Xiaomi launches Mi Pad fondleslablette – your (legal) move, Apple

Chinese manufacturer Xiaomi, whose CEO models himself on Steve Jobs, has released a tablet the same size and shape as an iPad mini with the somewhat-derivative name Mi Pad. Mi Pad Look familiar? The Mi Pad has a 7.9-inch screen with a resolution of 2048-by-1536 – the same resolution as the iPad mini with Retina Display. It …
Iain Thomson, 15 May 2014

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

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
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 …
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

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

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
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

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
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

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
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 …
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

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

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
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
Baidu Logo

Chinese web firms sue search giant Baidu for video piracy

Updated 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 ($ …
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
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

Gung-ho Guangzhou college kids smash LINPACK cluster record

HPC blog It was the plucky home team from the capital of Guangdong which grabbed the crown and cash at this year's Asian Supercomputer Conference (ASC) Student Challenge. The students from Guangzhou’s Sun Yat-sen University screamed happily when they saw the results from the LINPACK portion of the ASC’14 Student Supercomputer Challenge …
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
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