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BANGKOK: State-owned China Mobile Ltd is set to buy an 18% stake in Thailand telecoms group True Corp via a private placement, valued at around US$581mil based on the current market price, as part of the Thai group plan to secure a foreign partner, sources familiar with the matter said.
SEOUL: Samsung Electronics Co is considering purchasing mobile memory chips from rival SK Hynix Inc for future products including its new flagship Galaxy S smartphone to be launched this month, J.K. Shin, head of Samsung's mobile business, said on Thursday.
PETALING JAYA: Winsun Technologies Bhd is diversifying into the mobile application business with the proposed acquisition of a mobile-multimedia firm for RM14.5mil.
PETALING JAYA: OCBC Bank (Malaysia) Bhd is setting out on a regulatory sandbox testing of a secure chat banking mobile application for a period of one year, after obtaining approval from Bank Negara last month.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has registered a 91% rise in the mobile banking monetary transactions during the first nine months of this year compared to over 40% via desktop.
Axiata Group Bhd is offering Wikipedia on mobile devices free of data charges to Axiata customers throughout Asia under its partnership with the Wikimedia Foundation.
TOKYO: Japan's NEC Corp is in talks to sell its struggling mobile phone unit to its personal computer venture partner Lenovo Group Ltd , a source familiar with the discussions said, confirming media reports of the negotiations.