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Chip maker Qualcomm is introducing six new processors meant for entry-level phones in China and emerging markets.The processors are part of Qualcomm's Snapdragon 200 class, a chip line that offers support for lower-end specs compared to the company's Snapdragon 400, 600 and 800 chip series, the company said Thursday.The six new processors lack support for 4G LTE, but are built for HSPA+ networks, and TD-SCDMA (Time Division Synchronous Code Division Multiple Access), a 3G standard used by China's largest mobile carrier, China Mobile.The Qualcomm chips will be available to vendors in late 2013. The new processors are built using a 28-nanometer manufacturing process, and feature dual and quad-core CPUs. The chips also have support to handle two, or even three SIM cards, a feature that is popular with consumers in Asia.To read this article in full or to leave a comment, please click here

Chip maker Qualcomm is introducing six new processors meant for entry-level phones in China and emerging markets.read more

The Vampire Club has some fantastic pictures of Ian Somerhalder for Harper’s BAZAAR China. Check them all out in the gallery below. The pic of him and the kitty together is so cute

More bad news from China here as the Flash PMI falls to a 9 month low (via Markit): Flash China Manufacturing PMI™ at 48.3 (49.2 in May). Nine-month low. Flash China Manufacturing Output Index at 48.8(50.7 in May). Eight-month low. The HSBC Flash China Manufacturing Purchasing Managers’ Index™

July 9-10, 2013 San Francisco, CA Tickets On Sale Now It was a big day for funding today. Here’s the quick overview, with links to full stories. Fab raises $150 million Fab announced last night that it has raised $150 million in a fourth round of funding led by Chinese company Tencent, who’s also appointing a director to the company’s board. The company’s valuation, excluding the new funding, was $1 billion, and this is only the first tranche of it’s fourth round. Fab started life as a gay social network, the pivoted — and what a pivot it was — to an online design store. More info ThousandEyes raises $5.5 million Cloud performance monitoring company ThousandEyes emerged from stealth mode to help IT teams at companies like Equinix, Evernote, Priceline, ServiceNow, Twitter, Zendesk and Zynga resolve performance problems quickly. “Performance management products have not kept pace with the innovation in cloud services. Legacy products are ineffective in solving problems enterprises face today, creating migraines for IT,” said Mohit Lad, co-founder and CEO of ThousandEyes. “We have built a product from ground up for the cloud era to help companies get the best performance out of their cloud applications.” The Series A round was led by Sequoia Capital and un-named Silicon Valley angel investors. Cortica raises $6.4 million Image software startup Cortica announced its second round of funding today for $6.4 million. Cortica creates image recognition software that function similarly to the human brain. It can see something such as a landmark and then provide contextual information about that place. It has a lot of potential for advertising, particularly in wearable computing devices such as Google Glass. The company announced a portion of the funding in May – $1.5 million from Russia’s Mail.Ru. Today’s funding was led by Horizons Ventures, and others. SocialRadar raises $12.75 million SocialRadar combines location-based mobile technology and social media information to make you aware of the people and connections around you. It seems a lot like Highlight, which generated a lot of fanfare at the SXSW conference in 2012 but hasn’t made much noise since. SocialRadar is still in the development phase and is working with iPhone, Android, and Google Glass to “change the way people connect.” Founder and CEO Michael Chasen was a cofounder and former CEO of ed-tech behemoth Blackboard, where he took the company public in 2004, and then sold it to Providence Equity Partners in 2011 for $1.7 billion. More info CRM startup Intercom snags $6 million Intercom, a software startup that promises to simplify customer relationship management (CRM), has just announced a healthy first round of funding. The $6 million infusion was led by the Social+Capital Partnership with participation from previous investor Freestyle Capital and David Sacks, the founder and chief executive officer of Yammer. More info Entelo raises $3.5 Million Entelo is building the next generation of talent acquisition tools focused on helping companies better leverage social data. To address demand for its solutions, Entelo will use the funds to accelerate its growth and research and development efforts, specifically to develop additional products leveraging its impressive data set and predictive analytics engine. The $3.5 million in financing was led by Battery Ventures with participation from Menlo Ventures. Bunch raises $1 million Bunch is a platform that lets people share and discuss things online that they are truly passionate about. Bunch users form communities around topics, and the platform allows these users to publish, and then engage around, longer-form content. The company’s vision is to provide users deeper engagement around topics they care about and to be the first social publishing and discussion platform built for the average Internet user. The company raised $1M from Real Ventures, 500 Startups, BDC Venture Capital, an

A strong Australian dollar has done little to stop travellers from flying into Sydney from China and Singapore.

Qualcomm has announced that it has added six new processors in its Snapdragon 200 line-up for China and emerging markets. These processors are manufactured on a 28nm process technology and feature support for key modem technologies like HSPA+ (up to 21Mbps) and TD-SCDMA. “With the expanded line of Snapdragon 200 processors, Qualcomm Technologies is building on its dual- and quad-core processor portfolio for entry-level smartphones and tablets, bringing key process technology and modem features to all Snapdragon tiers,” said Jeff Lorbeck, senior vice president of product management, Qualcomm Technologies, Inc. The new processors will also support dual cameras, with an 8 megapixel rear-facing camera and up to a 5 megapixel front-facing one, as well as feature a single platform for all SIM variants, including Dual SIM, Dual Standby, and Dual SIM, Dual Active, and Tri SIM Tri Standby. According to a press release issued by the company, these new additions to Snapdragon 200 come with Adreno 302 GPU for better graphics support; integrated IZat Location functionality and support of Qualcomm Quick Charge 1.0; support for the latest Android version; RxD support; and a single, multimode modem enabling faster data rates, fewer dropped calls, and better connections. These processors as well as their Qualcomm Reference Design counterparts are expected to be available in late-2013. The post Qualcomm adds new processors in Snapdragon 200 line-up for emerging markets appeared first on AndroidOS.in.

China's seven day repo rate hit a record high of 12% according to Bloomberg, the biggest one-day increase since 2006. Meanwhile the overnight repo rate was quoted near 25%. The liquidity squeeze in China first began ahead of the Dragon Boat festival earlier this month. Spikes in interbank rates are common right before holidays. But Diana Choyleva at Lombard Street Research said this is symptomatic of a bigger problem. She said capital flows had "become a more important driver of domestic liquidity conditions in China's managed exchange rate system." In a new note to clients Bank of America's Ting Lu wrote: "There are many factors behind the interbank liquidity squeeze that might be cited, but we believe that the ultimate reason is the central bank’s tough stance as the PBOC can practically provide unlimited liquidity to ease every squeezeif it wishes to." So why isn't the Chinese central bank stepping in? As we previously explained the People's Bank of China seems to be in no mood to support banks' constant demand for liquidity. "It seems that the PBoC and some other regulators could be taking the opportunity of the tight funding conditions to ‘punish’ some small banks which had previously taken advantage of the stable interbank rates to finance their purchase of higher-yield bonds," wrote Lu. This also elicited some worrisome responses from some of our favorite China experts on Twitter. I hope you do realise that by now, China is on crisis watch. — Also sprach Analyst (@theanalyst_hk) June 20, 2013 SHIBOR at 25% basically means there is no functioning interbank market in China - it's like money markets seizing up post-Lehman — Patrick Chovanec (@prchovanec) June 20, 2013Join the conversation about this story »

Prime Focus will open a new office in Beijing later this year, the visual-effects company said Wednesday. In addition to effects work, Prime Focus said it will also offer 3D conversion and animation work. The company, which has worked on recent big-budget films such as "The Great Gatsby" and "World Wars Z," expects to open its doors in the third quarter of 2013. Related Articles: Rhythm & Hues Filing for Bankruptcy After Deal With Prime Focus Collapses After Rhythm & Hues, Visual-Effects Community Asks: What Now? Prime Focus to Handle 'Phantom Menace' 3D Conversion read more

Prime Focus will open a new office in Beijing later this year, the visual-effects company said Wednesday. In addition to effects work, Prime Focus said it will also offer 3D conversion and animation work. The company, which has worked on recent big-budget films such as "The Great Gatsby" and "World Wars Z," expects to open its doors in the third quarter of 2013. Related Articles: Rhythm & Hues Filing for Bankruptcy After Deal With Prime Focus Collapses After Rhythm & Hues, Visual-Effects Community Asks: What Now? Prime Focus to Handle 'Phantom Menace' 3D Conversion read more