Information Technology
China Youzan widens loss to US$31m in Q2
This dropped further from RMB97.8m (US$15.11m) in Q2 2020.
Techtronic Industries profit climbs over 57% to US$524m in H1
The group also recorded “exceptional” sales growth of 52%.
Deloitte, HGC Group to provide cyber protection to HK companies
The partnership will offer prediction and prevention, detection, protection, and response to HK companies against cyber risks.
Over 750,000 ransomware attacks HK firms monthly
Ransomwares like Revil and TrickBot were the usual suspect.
HR Briefing: Will machines take over Hong Kongers’ jobs?
Around 56% say they are threatened by the rising dependence on automation by local business, but analysts say there will also be opportunities.
Johnson Electric’s sales climb 70% to US$877m in Q1
This is higher than US$517m in the same period last year.
Hong Kong raises fund for 5G deployment
The funding was raised to $100m from $50m.
SUGA net profit surges 186.1% to $79.3m amidst COVID
The group’s electronic products segment recorded a 24.3% increase to $1.69b.
Lenovo profit climbs to an “all-time high” of US$1.17b in 2021
This reflected a 77% increase compared to the previous year.
Five ways the Hang Seng-Cyberport alliance can help entrepreneurs
It is expected to open up opportunities for Cyberport community companies in the Greater Bay Area.
HKSTP rolls out programme for new gen AI, Data Science professionals
The programme will run from May to June 2021.
ASM Pacific Technology hits record US$1.01b bookings in Q1
It surpassed its US$700m booking guidance for the quarter.
Awareness of IP rules remains high: survey
Over 87% of Hong Kongers are aware that copyright, trademarks, and patents are protected under law.
Tencent Holdings gains 30% profit in 2020
Its total revenues amounted $573b (RMB482.06b) for the year.
China Technology Excellence Awards 2021 is now accepting nominations
Deadline for submission of entries is on 25 June 2021.
Cloud tech plays key role in future of HK businesses: report
It has been implemented in 65.3% of local firms.
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