ATI Newswire - Subscriber Only

German Court rules Huawei, ZTE products infringe patents

November 16, 2018

DENVER, Colorado - MPEG LA said today that the District Court in Dusseldorf, Germany had ruled that Huawei Technologies Deutschland GmbH (Huawei) and ZTE Deutschland GmbH (ZTE) had infringed patents of two patent holders in MPEG LA's AVC Patent Portfolio License by using their technologies in mobile phones that implement the AVC/H.264 (MPEG-4 Part 10) Standard.

Tencent, Shangri-La form strategic partnership

November 12, 2018

SHENZHEN - Tencent and Shangri-La Group have signed a strategic partnership which will focus initially on developing and deploying Smart Hotel solutions to transform hotel operations and services for Shangri-La.

Future collaboration will expand across various businesses within the Shangri-La Group worldwide.

The partnership will help drive technology innovation and business transformation of traditional industry models and enhance service quality and guest experience for hotel operators.  

UOB, Grab form alliance to accelerate digital services in ASEAN

November 12, 2018

SINGAPORE - United Overseas Bank Limited (UOB) and Grab have entered a strategic alliance to accelerate the use of digital services in ASEAN. The alliance will enable UOB to deliver financial services to Grab's ASEAN-wide user base and to accelerate the Bank's efforts to service the region's fast-growing 'mobile-first' and 'mobile-only' consumers.

National winners of Hong Kong-Australia Business Awards named

November 7, 2018

SYDNEY - Winners of the National Hong Kong-Australia Business Awards for 2018 are ROBAM Appliances Co Ltd  (QLD), Import of Goods/Services of The Year award;  Australian Institute of Company Directors ( NSW), Export of Goods/Services of The Year award;  AGRIFresh Pty Ltd (WA), Business Excellence;  and BGI International Pty Ltd (QLD), Business Development.

eCargo takes 85% of Metcash China export business

November 9, 2018

SHANGHAI - ECG, a China-based eCommerce technology company trading in China and Australia as eCargo, is to acquire 85% of Metcash's China export business.

Metcash supplies and supports more than 10,000 independent retailers and over 90,000 wholesale customers across the food, grocery, liquor and hardware industries in Australia and a number of supermarkets and retail groups in China.

It also operates cross-border e-Commerce stores in key platforms of Alibaba's Tmall Global and JD Worldwide.

Chinese exports gained ground in Q3, but economy slowed

November 6, 2018

HONG KONG - In a new research note, French banking group Natixis says China's economic slowdown is more likely to be a result of domestic issues (such as lower returns on capital) than on external shocks. It says that while the market tends to attribute slower growth to the US-China trade war, the ironic reality is that, in the third quarter,  China's exports continued to gain ground, even into the U.S. market.

Taiwan up two spots in World Bank Doing Business report, above Australia

November 2, 2018

TAIPEI - Taiwan improved two spots to 13th among 190 economies worldwide and fifth in the Asia-Pacific, according to the World Bank's Doing Business 2019 report. Scoring 80.9 out of 100, up 0.24 of a point from the previous edition, Taiwan finished ahead of regional neighbours Malaysia, 15th; Australia, 18th; and Japan, 39th, but trailed New Zealand, first; Singapore, second; Hong Kong, fourth; and South Korea, fifth.