Columnist writing about Asia technology for Bloomberg Gadfly. I represent myself, not my boss

Line's Shopping List

bloomberg.com — Line, the Asian messaging app that's not WeChat, is in the market for acquisitions, CEO Takeshi Idezawa told Bloomberg's Yoolim Lee and Yuji Nakamura. After raising $1.3 billion in its Tokyo and New York offerings last month, the Japanese company has a team scouring the globe for possible targets to help it become a smart portal.

Kobe's China Education Play Is No Slam Dunk

bloomberg.com — American venture capitalist Kobe Bryant may soon learn that a drive to the basket doesn't always end with two points. Bryant, an 18-time NBA All-Star and co-founder of venture capital firm Bryant Stibel, this week announced he's investing some of his firm's cash in Chinese education-technology company VIPKID.

Strange Things Are Happening in Chip World

bloomberg.com — Semiconductor companies have a reputation for being volatile, capital intensive and brutally cyclical. The sector's in one of its periodic slumps, with revenue expected to fall again for the second year in a row because of weak demand in China, a dearth of hit products from Apple and Sony, and the fading appeal of desktop computers.

Meitu IPO Docs Show Smartphone Maker in App Clothing

bloomberg.com — Initial share sale documents filed by China's Meitu to the Hong Kong exchange Monday unveil a side of the technology group hitherto hidden from view. Much like the millions of users who've downloaded its beautifying photo software, Meitu's image as a selfie-app maker stands in stark contrast to the reality that it is, in fact, a smartphone company.

The Chinese (Smartphones) Are Coming

bloomberg.com — In the next five years, a majority of U.S. consumers will have bought a Chinese-brand smartphone. Such a prospect may raise the hackles of purported American patriots and presidential candidates, but it's reality. Outside of Apple and Samsung, Chinese brands rule the global smartphone market.

Intersil Talks Give U.S. a China Headache

bloomberg.com — Lawyers for Japanese chipmaker Renesas may need to get a little creative if they're to pull off a reported acquisition of U.S. chip designer Intersil. Regulators in Washington D.C. face a bigger headache. Renesas is in talks to buy Intersil for about $3 billion, a person with knowledge of the matter told Bloomberg News.

Memo to Momo: Focus on Business Not Stock Shenanigans

bloomberg.com — The great thing about Chinese companies' delist-relist strategy is that they can make a bucket of money for select shareholders without having to worry too much about the annoying reality of running a business. Unfortunately, when it all goes pear-shaped, executives have to focus on pedestrian issues like growing users, boosting revenue and controlling costs.

Lenovo's Less-Bad Strategy Scores

bloomberg.com — Lenovo beat earnings estimates with a simple strategy: Don't make an awful situation even worse. Net income for the June quarter outpaced the street by 56 percent, for the largest upside surprise since 2009, when PCs were last cool.

Tencent's Baidu Battle

bloomberg.com — As if a slowing economy, stricter advertising regulations and rising costs to attract users weren't enough, Chinese search engine Baiduis now having to contend with an interloper on its territory: Tencent.

This Little Accounting Rule May Trip Up Foxconn's Plan

bloomberg.com — It seems Foxconn shareholders aren't sure whether or not to forgive the company's terrible earnings. Here's some help. The company's Taipei-listed flagship Hon Hai Precision Industry fell 3.7 percent on Friday, recovered about a third of that Monday, before dipping again Tuesday.
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Aug 24, 2016

@labboudles I bet you got immediate delivery, and fantastic miles per gallon.

Aug 24, 2016

@labboudles Dunno. Never bought a car either. I'm considering a Tesla or a Ferrari. Ferrari has a shorter waiting list.


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