By: Direct / Business World
Published August 28, 2013 11:20
The Taiwanese phone manufacturer HTC is developing an operating system for smartphones for Chinese consumers.
say people familiar with the project, writes the Wall Street Journal.
The operating system, which is said to offer a deep integration of Chinese applications like the twitter-like micro-blog Weibo, could be launched before the end of 2013 .
The project reflects increased demand from Chinese consumers, but is also a result of China’s stated willingness to invest in proprietary software in counterbalance to the American giants Google and Apple. According to sources, the project is monitored by HTC Chairman Cher Wang, who has been in discussions with the Chinese authorities.
The data are in line with HTC’s plans to develop its own operating system, a goal the company stated for two years ago.
The sources point out, however, the Wall Street Journal that it is unclear if HTC’s Chinese operating system is fully autonomous, or if it is built on top of Google’s Android operating system.
By: Direct / Business World
Mail reporter
Further reading from News
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Riksbank’s overstatement of inflation has contributed to the tight monetary policy, with higher unemployment and lower inflation, writes AO.
Stockholm stock exchange opened as expected minus after continued waning risk appetite in the shadow of the Syria issue.
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confidence indicator for the total business sector rose more than expected in August.
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Board of Wesc would conduct a fully underwritten rights issue of approximately SEK 55 million.
Ryanair ordered by the UK competition authorities to reduce its stake in the Irish airline Aer Lingus to less than 5 percent.
Stockholm Stock Exchange opened Wednesday’s trading with an initial decline of 1.4 percent, which is within a few minutes, rebounded to more moderate 0.4 percent.
The management of the company Dometic, owned by Swedish private equity firm EQT, has tried to empty the warehouse of a closure threatened factory in Italy, according to the employees.
The Norwegian oil company Statoil has made a new oil discovery in the Bay du Nord prospect off the Canadian coast of Newfoundland.
Asian stock markets continued to fall in the shadow of general uncertainty and a flight from risk ahead of a possible U.S. military intervention in Syria.
John Boehner says he’s ready for a “real game” with President Barack Obama to raise the federal debt ceiling.
Moody’s sees a slightly slower global growth than three months ago, that they wrote in a report on the macroeconomic outlook.
Rising concern about a possible U.S. military strike against Syria sent down the indexes to their lowest levels in several weeks.
U.S. can carry out three-day attack
U.S. stockpiles of crude oil rose 2.5 million barrels in the previous week.
Home prices in 20 major metropolitan areas around the United States rose 12.07 percent in June compared with the same month in 2012, according to S & P / Case-Shiller index.
black gold continues to reward the Norwegian economy. In the struggle to avoid being the victim of the so-called Dutch disease appears, however, another problem up.
Swiss Defence Committee recommends its national council to vote to buy 22 Gripen aircraft.
The Hungarian central bank cuts key interest rate again.
value of eljätten Vattenfall has halved. Now cut the company. But who wants to buy the rotten European half
Financial Markets Minister Peter Norman’s comment on possible additional buffers are negative for överkapitaliseringscasen in the banking sector. Shares fall heavily.
ÅF has signed a two year agreement with Volvo Car Corporation, which primarily relates to robotics.
Sweden’s GDP is expected to grow by 3.1 percent in 2014. It writes Swedbank in its economic forecast.
A new statutory regulation of the Swedish gambling market will be delayed until after the election next year.
Carl Bernadotte manages CB European Quality Fund. Learn which stocks he believes in and what he chooses away.
Handelsbanken Capital Markets has analyzed a Swedish engineering share.
Ifo index of business climate in Germany rose in August, compared with the previous month, reports Bloomberg News.
SEB Equities has raised its recommendations for three companies.
MFI loans to households rose 4.8 percent in July compared with the same month last year.
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Riksbank is expected to cut the repo rate more, instead is expected to gradually increasing. Writes SEB in its economic forecast.
national security committee in parliament should decide whether the Gripen is the best option and approve the financing of multi-billion purchase.
Venue Retail Group acquires the Swedish retail chain Deco Bags for an estimated purchase price of SEK 54 million.
U.S. will hit the debt ceiling of 16.700 billion dollars in mid-October. This was written by U.S. Treasury Secretary Jack Lew in a letter to Congress.
Geopolitical concerns weighed heavily on Asian stocks on Tuesday although positive data from China contributed to a slight recovery.
The U.S. electric car maker Tesla Motors share price rise continued on the New York Stock Exchange on Monday. Continued optimism among investors about the increasing demand for the company’s electric cars sent shares to greater heights.
Hidden ice Hans Lindblad had a key role in Sweden were rescued from the financial crisis. As the Debt Office’s new boss he now manages a national debt of 1,200 billion.
Trading Northland Resources shares was halted after heavy price developments.
BYGGmax director Stig Notlöv, a building supplies chain’s founder and former CEO, has reduced its holding in BYGGmax.
- Follow Byggmax Group on the stock market
Two of Enforcement’s most anticipated tax exiles living a life of luxury beyond the law’s long arm. And in social media shows the unabashedly up on pictures of what appears to be a very comfortable existence.
Riksbank welcomes the Government’s proposals for future financial crises must be prevented and managed. It says Deputy Governor Kerstin af Jochnick.
Medical technology company Raysearch has on Monday received the first customer order for treatment planning system RayStation from China.
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Electrolux from Sunday August 25 resumed normal production in Egypt.
UD Trucks, which is part of the Volvo, is launching on Monday a new range of heavy trucks, Quests, specifically designed for emerging markets.
authorities have clear mandate and an obligation to cooperate is a good solution for Sweden.
Skandiabanken decreased its revenues for the first six months. CEO Øyvind Thomassen argue that Skandiabanken started the journey towards becoming a double bank in 2018.
Börsveckan look in this week’s edition closely at some of the smaller IT consulting companies on the stock exchange and sinks also be worth buying some shares.
Opinion Support for the Sweden Democrats will increase by 2.3 percentage points to 9.9 percent in August. The party stealing votes mainly from the Moderate Party.
Despite the recent steep rise in share prices, the share is an appetizing dish and Dagens Industri recommend the purchase.
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