Softbank, Alibaba collaborates for a B2B service
Softbank, Alibaba have together announced the launch of a new service that would connect Japanese business people with Chinese customers.
Alibaba chief executive Jack Ma said in a statement that this collaboration is a really important strategic movement for them.
They are already providing access to Japanese market to more than [...]
Sharp to enter china mobile market with high end mobile phones
Japanese tech giant Sharp has said that they are now entering the Chinese mobile phone market.
The company would target the upscale customers as they see no point in competing with Nokia and Samsung in the cheap mobile phone segment.
The first of their mobile phones would [...]
Softbank reports enhanced profits
Japanese telecom company Softbank has come out with their latest revenue report and the company has posted improved profits.
The company’s profit has now nearly quadrupled as they gain from the mobile business operations.
Softbank posted a group net profit of 108.62 billion yen for the fiscal year ending March.
The operating profits are [...]
Softbank wants a bigger stake in Oak Pacific Interactive
Japanese telecom company Softbank has said that they are now trying to increase their stake in the Chinese company Oak Pacific Interactive.
They had earlier acquired a 14 percent stake in this Chinese company for around $96 million. They have the right to increase the stake to 40%.
Softbank [...]
NTT DoCoMo suffers a drop in market share in Japan
NTT DoCoMo might no longer remain the dominating mobile service provider in the Japanese market as their market share has now dropped to below 50%.
This is the first time in almost 10 years that their market share has gone down so low.
The company is facing intense [...]
Softbank post improved profits
Softbank Corp. has come out with their latest revenue report and the company has said that their profit more than tripled in the fiscal first half.
The Japanese telecom company gained as more customers joined their services.
Softbank posted a profit of $405.1 million during the six months ended Sept. 30. This is much [...]
NTT DoCoMo in crisis over subscriber loss to rival companies
Japan allowed number portability some time ago allowing mobile users to take away their numbers to rival mobile service providers.
This decision has managed to hurt the country’s leading mobile service provider NTT DoCoMo the most.
The company admitted that they have lost about 1 million subscribers in [...]
