Asia Briefs: MPT to expand Myanmar network with Japanese funding, China Telecom plans VoLTE in 2017 & more

MPT to expand network with funding from Japanese partners Myanmar’s state-owned operator plans to expand its network by increasing the number of base stations from 2,000 to 5,000 by Q2 next year. Its Japanese partners KDDI and Sumitomo will contribute …

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Snapdeal hires Airtel CMO

Indian online marketplace Snapdeal has hired Bharti Airtel’s business-to-consumer CMO Govind Rajan and appointed him as its new chief strategy officer. Rajan, who also headed Airtel Money, will take on the new role in August. The appointment comes less than …

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New iPhone now in production, say Taiwan suppliers

Component suppliers in Taiwan have reportedly started deliveries to Foxconn and Pegatron – the two OEMs that manufacture iPhones — for production of the next-generation device, which is expected to be released in September. Initial shipments of the new iPhone …

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SoftBank, Bharti, Foxconn form renewable energy venture

Japan’s SoftBank, India’s Bharti Enterprises and Taiwan’s Foxconn have set up a joint venture that will invest an estimated $20 billion over 10 years into renewable energy projects in India. SoftBank will take a majority stake, while Bharti and Foxconn …

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SoftBank forms robot venture with Alibaba and Foxconn

Japanese mobile operator SoftBank is teaming up with China e-commerce giant Alibaba and contract manufacturer Foxconn to set up a robot venture to sell its human-like robot globally. Reuters reported that SoftBank, Japan’s third largest mobile player, would have a …

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Alibaba, Foxconn look to invest $500M in Snapdeal — report

Alibaba and Foxconn are discussing investing around $500 million jointly in Snapdeal, an Indian e-commerce startup, The Wall Street Journal (WSJ) reported, a move they believe makes more sense than doing so separately. The investment would value the company, an online marketplace …

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Cyanogen names Foxconn as latest investor

Device platform player Cyanogen said it had received a “strategic investment” from contract manufacturer Foxconn, closing out a $80 million funding round which also saw it taking cash from Twitter, Qualcomm, Telefonica Ventures and Tencent among others. Kirt McMaster, CEO …

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Hon Hai posts record Q1 sales, slower Q2 expected

Taiwan’s Hon Hai Precision continued to benefit from the huge popularity of the iPhone 6 and 6 Plus, posting a 15 per cent increase in sales in Q1 – its highest ever for the January-March period. The company, also known …

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Apple launches iPhone trade-in scheme in China with Foxconn

Apple is working with contract manufacturer Foxconn to introduce an iPhone trade-in programme in China to cater to the huge demand for the US-company’s used smartphones. Consumers will be able to trade their older iPhones at Apple stores for credit …

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