Hewlett-Packard Co, the world's biggest personal-computer maker, won a license from the Chinese government to sell more models of mobile phones in the country.
In December 2005, regulators granted the company a license to sell just one mobile-phone model in China, Liana Teo, a Singapore-based spokeswoman for HP, said today by telephone.
The new license allows the Palo Alto, California-based company to make and sell a wider range of handsets, Teo said, declining to elaborate before a formal announcement.
The introduction of more handset models will help HP add customers in the world's biggest mobile-phone market by users. Nokia Oyj, the world's largest handset maker, sold 4.91 billion euros (US$6.8 billion) of phones last year in the Greater China region, which includes Taiwan and Hong Kong, compared with 2.81 billion euros of revenue from the US.
In the second quarter, Nokia had a 29.5 percent share of the Chinese market, followed by Motorola Inc with 18.5 percent and Samsung Electronics Co with 10.8 percent, researcher Analysys International said.
Lenovo Group Ltd (
HP had less than 1 percent of the market, Analysys said. The US company received permission to sell its hw6515 iPAQ model of phones in 2005. The handset runs Microsoft Corp's Windows Mobile operating system and includes word-processing and spreadsheet applications.
Dutch brewing company Heineken NV yesterday said that it has reached an agreement to acquire a subsidiary brewery of Taiwan’s Sanyo Whisbih Group (三洋維士比集團). Heineken is to assume majority ownership and management rights of the Long Chuan Zuan Co (龍泉鑽興業) brewery in Pingtung County’s Neipu Township (內埔), the Dutch company said. It would become the first multinational brewing company to operate brewery in Taiwan once the acquisition is completed. The deal has been approved by the Ministry of Economic Affairs’ Investment Commission, but details of the financial transaction cannot be disclosed at this time, as terms of the settlement have not been completed,
Had Audrey Hepburn and Gregory Peck hopped on an electric scooter rather than a Vespa in the classic film Roman Holiday, their spin around the Eternal City might have ended in tears. The number of crashes and near-misses involving the two-wheelers has prompted Rome authorities to impose some order on a booming rental market that began two years ago. The havoc came to a head earlier this month when two US tourists attempted a night-time drive down the Spanish Steps, causing more than 25,000 euros (US$26,392) worth of damage to the 18th-century monument. Caught on security footage, the couple in their late 20s
LOOK WHO OWES: China’s exposure to Taiwanese banks was the second-largest, with Luxembourg third, followed by Hong Kong and Japan, the central bank said The US remained the largest debtor country to Taiwan’s banking sector for a 27th consecutive quarter in the first quarter of this year, with its exposure rising 8.3 percent from a quarter earlier on the back of an increase in US bonds, the central bank said on Friday. Data compiled by the central bank showed that outstanding international claims by Taiwanese banks on a direct risk basis to the US stood at US$125.38 billion as of the end of March. Department of Financial Inspection deputy head Pan Ya-hui (潘雅慧) said that the US Federal Reserve’s launch of a rate hike cycle in
GREEN CITY: The company is set to invest US$8 billion to make electric vehicles and batteries for a new city that would rely entirely on renewable energy sources Indonesia said that Hon Hai Precision Industry Co (鴻海精密) is considering investing in the country’s new capital city, a move that would bolster the US$34 billion construction project. Hon Hai, which is known as Foxconn Technology Group (富士康科技集團), is looking at setting up an electric bus system and an Internet of Things network at Nusantara, as Indonesia’s new capital is to be called, Indonesian Minister of Investment Bahlil Lahadalia said in a statement yesterday. Hon Hai chairman Young Liu (劉揚偉) met with Indonesian President Joko Widodo on Saturday to discuss the company’s plan to invest US$8 billion to build a manufacturing plant
RSS