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Tag: asia

  • 22 5G devices announced to date

    22 5G devices announced to date

    A total of 22 5G user devices from 14 manufacturers have been announced to date, according to figures from mobile industry consultant Hadden Telecoms.

    The devices span a number of form factors, including smartphones, customer premises equipment, MiFi devices and USB models, and include the new category of foldable phones.

    These devices are expected to launch this year to support early 5G launches, with some announced devices being carrier or market specific.

    According to Hadden Telecoms’ research, as of this month 5G smartphones have been announced from Huawei, LG, Motorola, OnePlus, Oppo, Samsung, TCL, Xiaomi, and ZTE.

    Meanwhile Huawei has announced the largest number of CPE products at four. D-Link, HTC, Inseego, Netgear, Nokia, Samsung, and TCL have also unveiled 5G CPE.

  • Motorola is taking pre-orders on the phone it says will last up to three days

    Motorola is taking pre-orders on the phone it says will last up to three days

    If a huge battery is the most important feature you want on a new smartphone, you are in luck. Motorola has started accepting pre-orders for the Moto G7 Power. The phone’s claim to fame is the 5000mAh battery that Motorola says will keep the phone running as long as three days on a single charge. Hence, the use of the word “Power” in the phone’s name. With Turbo Charge, you’ll get up to 9 hours of battery life in just 15 minutes. The device is priced at $249.99.

    The Moto G7 Power comes equipped with a 6.2-inch LCD panel carrying a resolution of 720 x 1570 (HD+) and an aspect ratio of 19.63:9. The Snapdragon 632 Mobile Platform is under the hood along with 3GB of RAM and 32GB of native storage. A 512GB capacity microSD slot is available for those seeking additional storage. A 12MP camera adorns the back of the device (f/2.0 aperture) and there is a front-facing 8MP selfie camera. The phone is protected from spills, light rain and sweat thanks to P2i’s nano coating process.

    The Moto G7 Power is available in Marine Blue, and is priced at $249.99. If you finance the purchase, you’ll make 24 monthly payments of less than $11 each. And if you live in the states, the handset is compatible with each of the four major U.S. carriers including Verizon, AT&T, T-Mobile and Sprint. Pre-order the Moto G7 Power directly from Motorola, and you will get a $20 coupon to use on a future Motorola.com purchase.

    The Moto G7 Power is expected to be released on March 22nd.

  • Twitter confirms it is testing a new feature improving user experience

    Twitter confirms it is testing a new feature improving user experience

    A few days ago, Twitter pushed out an update allowing users to swipe to the left for access to the camera to take photos or stream live video. The update also adds a feature that results in hashtag recommendations based on the user’s current location. According to Twitter user Jane Manchun Wong (@wongmjane), who likes to dig through apps looking for future features, Twitter is testing a way for its members to follow a conversation on the app without having to like or respond to a tweet.

    Jane says that the feature is called “Subscribe to conversation,” and if a Twitter member signs up for it, he/she will receive a notification whenever there is a new reply to a particular conversation. After Jane disseminated her tweet stating that Twitter is testing “Subscribe to conversation,” the official Twitter Comms account tweeted back “This is part of our work to make Twitter more conversational.”

    It might be some time before this feature shows up on your Twitter app, but when it does, you won’t have to like tweets that you really don’t like, follow someone that you don’t want to follow, or post a response that you don’t want to post just to keep abreast of a particular conversation on Twitter.

  • Spotify says Apple Music has unfair advantages

    Spotify says Apple Music has unfair advantages

    The founder and CEO of Spotify, Daniel Ek, announced today in a blog post that Spotify has filed a complaint against Apple with the European Commission (EC). The executive says that when it comes to Apple Music and the App Store, the company gives itself an unfair advantage, violating EC antitrust regulations. Ek says that Apple does this through the “Apple Tax.” That is the 30% of monthly subscription fees that Apple takes on subscriptions made through its payment system.

    Ek says that because Spotify is forced to pay the “Apple Tax,” it has to raise its price in the App Store above that of Apple Music. Right now, both music streaming platforms have the same prices. That would be $9.99 a month for individuals, $14.99 a month for families with up to six members, and $4.99 a month for verified students. However, if you choose to pay your subscription fee through Apple (an in-app payment), Spotify charges $12.99 a month for individuals, $16.99 a month for families and $7.99 a month for verified students.

    Apple has released a statement criticizing Spotify for using the App Store to help it grow over the years without making any contributions to that marketplace.” The company refutes some of Spotify’s claims. For example, Apple says that it has allowed Spotify to update the app over 200 times. Apple says it rejected updates when Spotify didn’t follow the App Store rules. Apple also points out that 84% of the apps in the marketplace don’t pay it a dime, and accuses Spotify of wanting all the benefits of a free app without being free.”

    Additionally, the executive says that if it bypasses Apple’s payment system, Apple will limit Spotify’s communications with its subscribers. For example, Ek says that in some cases Apple won’t let it send emails to Spotify users who use the service on an Apple device. He states that “Apple also routinely blocks our experience-enhancing upgrades. Over time, this has included locking Spotify and other competitors out of Apple services such as Siri, HomePod, and Apple Watch.”

    “It’s why, after careful consideration, Spotify has filed a complaint against Apple with the European Commission (EC), the regulatory body responsible for keeping competition fair and nondiscriminatory. In recent years, Apple has introduced rules to the App Store that purposely limit choice and stifle innovation at the expense of the user experience—essentially acting as both a player and referee to deliberately disadvantage other app developers. After trying unsuccessfully to resolve the issues directly with Apple, we’re now requesting that the EC take action to ensure fair competition.”-Daniel Ek, founder, CEO, Spotify

    All Spotify wants, says its founder, is to be treated the same as apps that don’t pay the 30% tax such as Uber or Deliveroo. The executive says that all apps should be able to compete fairly, and Apple Music shouldn’t get an advantage because Apple owns the App Store. He adds that all App Store users should have a choice of payment systems, and not be locked into using Apple’s platform. And Ek says that all app stores should not be allowed to control communications, including marketing and promotions, between services like Spotify and its customers.

    If Apple is eventually found to have violated anti-trust regulations in the EU, it can be slapped with a fine and be forced to make some changes to the App Store.

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  • Cebu Pacific leads in Philippines-Australia flights

    Cebu Pacific leads in Philippines-Australia flights

    Budget carrier Cebu Pacific has kept its market share lead in the Philippines to Australia route, a statement on Thursday showed. Citing data from Australia’s Bureau of Infrastructure, Transport and Regional Economics from November last year, Cebu Pacific said it cornered a market share of 39.5 percent versus close competitor Philippine Airlines, which had a 38.1-percent share.

    Cebu Pacific flies between Manila, Melbourne and Sydney. It also competes with Qantas, however the Australian carrier’s operations are limited to Manila and Sydney.

    “As more brand-new aircraft enters the CEB (Cebu Pacific) fleet, we are now in a position to seriously study the possibility of expanding to more destinations in Australia. We are encouraged by our performance in the Australia market,” Candice Iyog, vice president for marketing at Cebu Pacific, said in the statement.

    The airline said demand has been going up. For Nov. 2018, some 48,000 passengers flew between Manila, Melbourne and Sydney. The figure represented a growth of 31.3 percent. Cebu Pacific alone carried 18,971 passengers, or a year-on-year growth of 56 percent.

    Cebu Pacific flies five times weekly between Manila and Sydney and thrice a week between Manila and Melbourne. Cebu Pacific is the only low-cost carrier with direct service from Manila to Sydney and Melbourne.

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  • Snapchat will integrate a cool new feature early next month

    Snapchat will integrate a cool new feature early next month

    As a result of Instagram’s dominance, Snapchat is no longer growing – the platform has actually started losing daily active users. Parent company Snap is aware of this and, in order to boost interest in the platform, will soon introduce a big new feature.

    According to a report by Cheddar, Snap will announce a new mobile gaming platform – codenamed “Project Cognac” – on April 4 at a Los Angeles summit for content and developer partners. The new platform will be integrated seamlessly into Snapchat and should feature a number of third-party games designed to work specifically within the app.

    In terms of what games can be expected, no titles have been confirmed yet. However, the company does appear to be developing some in-house offerings. Snap is said to be working with gaming giant Tencent on some exclusive titles and it also acquired gaming studio Prettygreat last year – an employee at this studio is behind both “Fruit Ninja” and “Jetpack Joyride.”

    The new games will provide an extra revenue stream for Snap, something that should please investors. At the moment, though, it’s unclear how the company will choose to monetize the games. Snap could either implement a variety of in-app purchases or rely solely on advertising. Alternatively, the social media giant could choose a combination of both.

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  • Huawei ready to replace Android if it loses legal battle

    Huawei ready to replace Android if it loses legal battle

    Huawei is being attacked from all sides, and even though the Chinese company seems to have been cornered, it still has the will to fight. Huawei recently sued the United States, as a means to fight a ban that prevents its telecom equipment from being purchased and used by government institutions.

    The same ban prohibits major US government contractors from using Huawei equipment, a major blow for the Chinese company’s local telecom business. Although the legal battle between Huawei and the US is just beginning, the former has everything prepared in case of a negative outcome.

    Huawei’s executive Richard Yu said in a recent interview with Die Welt that his company already has its own operating system ready to replace Android and Windows.

    We have prepared our own operating system, if it turns out we can no longer use these systems, we will be ready and have our plan B. Huawei started working on its proprietary ecosystem seven years ago, following a US investigation that also targeted ZTE. According to Yu, Huawei will continue to use Google and Microsoft operating systems, but if the legal battle intensifies, it won’t hesitate to switch to its own ecosystem.

    The bad news for fans of the Chinese brand is that not even Huawei believes in the success of its own ecosystem. A Huawei spokesperson was cited saying that the company doesn’t expect to use its “backup systems” and that it doesn’t actually want to use them.

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  • UOB Prices First Panda Bond

    UOB Prices First Panda Bond

    United Overseas Bank announced it has priced Singapore’s first Panda Bond at 3.49 percent, one of the lowest rates among all Panda bonds. The Singapore based lender UOB said that its three-year, 2 billion renminbi (S$404 million) offering garnered strong demand with a subscription rate of 2.7 times from asset managers and commercial bank investors across Asia. Thirty-eight percent was placed to China’s onshore investors and 62 percent to international offshore investors.

    «Our participation in China’s onshore debt market, one of the largest globally, enables us to grow our presence in China as the country continues to liberalize the renminbi and its financial markets. Further, through this offering, we can diversify our funding sources and continue to tap the increased connectivity between China and ASEAN arising from the Belt and Road Initiative to serve our customers’ needs,» said Wee Ee Cheong, CEO of UOB, said in a media statement.

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  • XYXX Innerwear received seed funding of 20 million from Sauce.vc, appoints Govind Shrikhande as Senior Advisor

    XYXX Innerwear received seed funding of 20 million from Sauce.vc, appoints Govind Shrikhande as Senior Advisor

    XYXX Apparels Pvt Ltd, the parent company of XYXX Innerwear brand, announced the first round of seed funding of 20 million from Sauce.vc. Sauce.vc is founded by private equity veteran and consumer angel investor Manu Chandra. Govind Shrikhande, ex-MD of Shoppers Stop has joined XYXX as a senior advisor.

    XYXX Innerwear is a premium men’s innerwear and loungewear brand which is rapidly gaining traction with the Indian consumer. It offers a wide range of comfortable and fashionable products using superior fabric such as MicroModal and Supima cotton at affordable prices. XYXX products are widely available online and have recently started retailing in multi-brand outlets in some regions. XYXX observed a monthly sale of one crore and is expected to double sales before July 2019.

    Manu Chandra, Managing Partner, Sauce.vc said, “We are proud to back XYXX and Yogesh. We believe there is tremendous potential for a premium innerwear brand that can offer better quality at affordable prices in the growing mass premium segment. Omnichannel distribution presence and supply chain management will be the key strengths this team will build on.”

    Yogesh Kabra, Founder & CEO, XYXX Apparels Pvt Ltd said, “XYXX offers a wide portfolio of inner and loungewear products made from luxury fabrics in a variety of appealing designs and prints. I am thrilled to have partnered with industry stalwarts Mr. Govind Shrikhande and Manu Chandra whose deep understanding and experience will help us make XYXX as a successful premium brand in the inner wear and loungewear category, with a sharp focus on premium quality and affordability.”

    Govind Shrikhande, ex-MD, Shoppers Stop and Advisor, Sauce.vc said, “I am very happy to partner with a young challenger brand like XYXX. The innerwear category is ripe for disruption by new home-grown brands. Yogesh and team are building a sound and scalable business with a deep understanding of textile and apparel manufacturing and supply chain. I look forward to contributing in this journey.”

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  • Eslite Taipei bookstore closing down

    Eslite Taipei bookstore closing down

    Eslite Taipei, the world’s first 24-hour bookstore, is scheduled to shut down next year.

    The popular Taiwanese bookstore chain will discontinue its flagship location in Dunnan, upon the expiry of its lease next year after 19 years of trading.

    The firm’s chairwoman Mercy Wu has admitted that no plans for the store are in the works following closure. She had previously stated that another Eslite location could have its hours extended to offer a 24-hour service to replace the Dunnan store.

    However, the firm’s previous experiments in round-the-clock bookstore service – including a trial in Hysan Place, Hong Kong – have proved not to be viable due to low customer turnout.

    Wu has been quoted as expressing hopes that Eslite stores will maintain their independence and “remain the first and last stop of book lovers in the next 10 years”.

  • Tumi powers solid Samsonite sales growth, focus in Asia

    Tumi powers solid Samsonite sales growth, focus in Asia

    Hong Kong-listed luggage giant Samsonite International has achieved its seventh consecutive year of sales growth following its listing in 2011.

    Net Samsonite sales were up 8.4 per cent on a constant-currency basis to US$3.797 billion in the year to December 31. Profit attributable to shareholders rose by 23.9 per cent before extraordinary items saw that figure reversed into a 29.2 per cent decline to $236.7 million.

    Net sales in Asia increased by 10.2 per cent year on year to $1.324 billion, driven by the Tumi, American Tourister, Samsonite and Kamiliant brands. Tumi’s sales increased by 29.5 per cent, due in part to the full-year contribution from having taken direct control of Tumi distribution in certain Asian markets during 2017, as well as increased brand penetration in key Asian markets.

    A boost in marketing saw American Tourister’s net sales increase by 8.9 per cent in Asia, while Samsonite sales rose by a more modest 2.1 per cent. The group’s entry-level brand Kamiliant achieved a 44.1 per cent increase in sales in Asia as it continued to take market share from other entry-level brands across the region.

    Overall, Asia recorded second-half net sales growth of 6.5 per cent and full-year growth of 10.2 per cent.

    CEO Kyle Gendreau said sales in Japan rose by 14.1 per cent and in India by 28.5 per cent, in the second half, but these gains were partially offset by slower growth in China, which recorded just 3.2 per cent growth as consumer sentiment weakened amid concerns about trade relations with the US; and in South Korea where net sales decreased by 1.5 per cent in the second half.

    “Our growth was underpinned by positive performances from our core brands,” said Gendreau. “Tumi continued to perform ahead of expectations, making great strides in enhancing its international presence, with strong growth in Asia and Europe.”

  • Samsung Galaxy flagship store to open in Tokyo

    Samsung Galaxy flagship store to open in Tokyo

    Smartphone brand Samsung has opened a new Galaxy flagship in Tokyo.

    The six-level location is the largest Galaxy showcase store worldwide, and features a front facade decorated with more than 1000 smartphones, celebrating the 10th anniversary of the product line.

    The store will offer a range of phones and wearable devices, as well as offer repair services.

    The opening coincides with Japan’s 500-day countdown to the 2020 Olympic Games. Samsung is an Olympic Partner in wireless communications equipment. The firm is seeking a stronger market share in anticipation of impending 5G network rollout across the country.

  • Zara growth slows down

    Zara growth slows down

    Zara growth is slowing substantially and analysts fear worse is to come.

    The fast-fashion brand’s Spanish parent Inditex says the slowing growth is due to a stronger euro, flat margins, less-frequent discounting and a store optimisation strategy that focuses on larger stores in prime locations and online growth at the expense of smaller stores.

    While the retail giant reported a 7 per cent sales increase at constant currency rates year on year to €26.1 billion, this was less than half the rate of growth the company reported a few years ago, Morgan Stanley said in a note.

    “[W]e believe it is evidence that the group’s growth profile is slowing sharply,” Morgan Stanley said.

    Like-for-like sales grew 4 per cent in last financial year, compared to 5 per cent in 2017. Online sales grew 27 per cent to €3.2 billion, or 12 per cent of net sales. This is on the low end for an apparel company, where online penetration tends to be higher.

    Inditex opened 370 stores during the year, and closed 355, which was nearly twice as many as the 200 stores it said it was planning to close last year. This may have had an impact on sales growth , an investor told, but could prove to be the right strategy long term.

    The group increased gross new space in prime locations by 8 per cent and is continuing to roll out its omnichannel store format, which integrates bricks-and-mortar and online channels. The group said it sees strong opportunities for growth in this space going forward.

    Inditex said global online sales are on track. Zara launched online in Australia and New Zealand last March and entered an additional 106 markets online in November, bringing the total number of markets it sells online in to 202.

    The company has reported a profit of €3.44 billion for the year, up 2 per cent on the previous year.

    In its first five weeks of the new fiscal year, the group lifted store and online sales 7 per cent at constant-currency rates. The company said it expects like-for-like sales to grow between 4 and 6 per cent this fiscal year, and gross space in prime locations to grow between 5 and 6 per cent.

    The fashion giant expects to open around 300 stores and close around 250 in the year ahead. As at  January 31, Inditex had 7490 stores worldwide across the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterque brands.

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  • Boardwalk Advendture vending machine cluster opens at Sentosa

    Boardwalk Advendture vending machine cluster opens at Sentosa

    Royal Vending has launched 35 cashless-enabled vending machines in a cluster it calls Boardwalk Advendture.

    Featuring more than 50 brands, Boardwalk Advendture is the first automation cluster set in a tourist attraction which the company says ushers in a new age of automated retail-tainment.

    “Boardwalk Advendture pushes the envelope and signals a new age of smart retailing,” said Jae Teo, Royal Vending MDr.

    “The innovative vending concepts of today can help hero made-in-Singapore brands, start-ups and host unexpected products. We hope that the Boardwalk Advendture will inspire other locales to embrace the next generation of retailing.”

    GOH meeting the artists from the Art Faculty by Pathlight

    GOH meeting the artists from the Art Faculty by Pathlight

    Starting off from VivoCity, the first ‘Fresh Point’ cluster kicks off with snacks, refreshments and essentials that visitors can grab to beat the heat and stay cool.

    The midway point houses a ‘Gift Street’ featuring quirky souvenirs, local crafts and tourist favourites from the city.

    There are other pleasant surprises dotted along the way, including ‘Fun Alley’ with game machines and outdoor must-haves that will keep both parents and children entertained.

    An air-conditioned ‘Foodie Zone’ is available at the end for tourists to re-fuel before heading into Sentosa.

    “With the support from Enterprise Singapore, Royal Vending was able to adapt its business model and curate a range of products that … enhance the customer experience as they walk down the Sentosa Boardwalk,” said Alan Yeo, director of Retail & Design, Enterprise Singapore.

    “We encourage more retailers to take the bold step to innovate and introduce differentiated retail concepts that can serve to delight their customers and ensure long-term business growth,” he added.

    Royal Vending’s Boardwalk Advendture will enrich the experience with 24-hour amenities such as food and beverage takeaways.

    Brands already signed up to the cluster include Art Faculty by Pathlight, beauty brand su:m37 and Singapore souvenirs and gift supplier Love SG.

    Royal Vending is one of Singapore’s largest vending machine companies, with more than 15 years of experience.

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  • Chinese Streetwear brand INXX Expands

    Chinese Streetwear brand INXX Expands

    Chinese streetwear brand INXX is officially launching its US e-commerce site.

    “We want to open up to a broader market and develop more forward-looking and global design paths while forming our own symbols,” said co-founder Henry Mao.

    Targeting global youth, INXX achieved US$3.5 million in sales on China’s 2018 Single’s Day and is now setting sights on the major fashions of worldwide street trends. By keeping roots in its blended Asian streetwear background, the brand has been able to forge a strong identity while growing into new markets.

    INXX made its 2018 debut with a presentation on Vfiles. In its showcase at New York Fashion Week SS19, INXX blended craftsmanship with an underground urban street aesthetic, mixing surreal grungy graphics and a strong focus on design detail to achieve “a look without boundaries”.

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