Philips Electronic Inc. announced the release of a pair of Android smartphones, Sapphire Life V787 and Sapphire S616. The smartphones feature SoftBlue that makes anti-blue screen by reducing 86% of the blue lights emitted.
Asia/Pacific
China's imports plunges 12th month in a row
China's import dropped again in October for the 12th consecutive time, according to official data revealed Sunday. BBC News reported that China's imports on October went down 18.8 percent to $130.8 billion.
Japanese scientists will make mobile’s screen as strong as cast iron
Researchers at the University of Tokyo's Institute of Industrial Science Japan have created a new type of glass that is ultra-hard and equals in strength with cast iron. This glass will be available to use in buildings, cars, and even gadgets like smartphones and tablets.
Toshiba sues three former CEOs amid accounting scandal
Japan Electronics company Toshiba Inc has sued five former executives including three former Chief Executive Officers for huge losses on the biggest accounting scandal in Japanese corporates.
Different Apple Watch Categories Launched in India
Apple, the first-grade international technological device company, has been introducing new upgraded devices every year. According to Mashable, Apple 6 and 6S was recently launched in India, and the sales were upgraded through immense positive feedback. Now Apple has launched another of its best-selling device, Apple watches.
Latest News
Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.
Hyundai Motor Co. announced that it will launch a new standalone luxury car brand called Genesis, as the South Korean carmaker seeks to move upscale and to target higher profit margins.
More than 40% of goods sold on the Internet in China are fakes or shoddy, according to a report by an official of the standing committee of the National People's Congress, the country's top law-making body.
Taking positive cues from encouraging gains on Wall Street, Asian stocks with an exception to China moved up on Tuesday. Chinese stock market dropped following the jitters emerging from adverse developments in forms of corruption and illegal trading that dampened the market sentiment.
China revealed their first owned passenger plane manufactured by a Chinese initiative to compete with the leading global aircraft manufacturers for the largest passenger jetliners in Aviation market. Though, China is also among the mammoths in Aviation industry, the state still depends on Boeing and Airbus aircraft.
Japan's Purchasing Managers Index (PMI) has reached it's strongest in a year, with a seasonally adjusted reading of 52.4 for the month of October, as conducted by a business survey from Nikkei last Monday.
The leaders of South Korea and Japan have finally decided to break their long-standing diplomatic freeze in favor of combining forces to address North Korea's nuclear ambitions.
Indicating the prolonged sluggishness in the economy, China's factory activity dropped further again in October.
However, the marginal recovery in export orders has slowed down the drop in the manufacturing production. The PMI edged up in the previous month.
The US activist investor Daniel Loeb has bought a stake in a Japanese retailer Seven & I Holdings. Though the details about stake and valuation are not revealed, Loeb-run hedge fund Third Point is believed to have acquired stake below five percent. After the sale, the Japanese retailer is expected to take up restructuring exercise enhance profitability, reducing underperforming merchandise stores. Seven & I Holdings operates over 18,000 outlets under the brand 7-Eleven across Japan. Seven & I has decided to shut about 40 unprofitable Ito Yodado stores in the next five years.
