The development will have short term consequences for SoftBank given its relation with Huawei; it will find it hard to replace the pre-existing Huawei network equipment that has been customized to its requirements and thus is not easily interchangeable. On Monday, Japan’s Kyodo News News reported, the three biggest telecom operators of Japan, do not…
DealWatch’s report, citing anonymous sources, have named Nomura Holdings, SMBC Nikko Securities, JP Morgan, Goldman Sachs, Deutsche Bank, among the global coordinators for whats is likely to be Japan’s biggest ever IPO on November 12. According to a report from DealWatch, citing unnamed sources, SoftBank Group Corp’s mobile unit is expected to win an approval…
The IPO is likely to be Japan’s biggest to date with the majority of investors likely to come from within Japan. As per a report from DealWatch, a capital markets newswire, SoftBank Group Corp is preparing for an IPO of its mobile unit, which it plans on listing on the Tokyo Stock Exchange on December…
Having scrapped the $200 billion project Saudi Arabia said it will come announce a newer, broader strategy to renewable energy later this month. According to a report from the Wall Street Journal which cites officials from the Saudi government, Saudi Arabia has shelved its plan to build the world’s biggest solar powered project with SoftBank…
The Chinese facial recognition startup has attracted loads of investor attention so far this year. On Friday, as per a Bloomberg report, SoftBank Group Corp’s Vision Fund intends to invest nearly $1 billion in Chinese facial recognition startup, SenseTime Group Ltd. SoftBank’s Vision Fund and SenseTime are finalizing the terms of the deal and the…
Following a multi-year investigation, Japan’s regulator has found Apple’s contracts with mobile service providers to be in possible violation of the country’s antitrust rules. On Wednesday, Japanese regulators disclosed Apple Inc may have broken the country’s antitrust rules given the fact that it forces the country’s mobile service providers to sell its iPhones at cheap…
Sony Corp is the latest tech firm vying for market share in Japan’s highly regulated ride-hailing market and is set to partner with Daiwa Motor Transportation and 4 other domestic Japanese taxi firms for the same. On Tuesday, Japan’s Nikkei newspaper reported, Sony Corp is to become the latest tech firm which is jockeying for…
There is a strategic shift taking place in electronic components manufactured by tech companies. Computex Taipei, Taiwan’s top tech fair, is seeing a different energy this year. While traditionally the focus had mostly catered to electronic parts for smartphones, this year, chip manufacturers have latched onto burgeoning growth engines such as virtual reality, self-driving car…
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