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Qualcomm Says It's Here to Stay in China

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Qualcomm Says It's Here to Stay in China War looming Big stake Wanda prepares for battle Perfect link Chinese groups buy 65% with ‘old brand’ Walt Disney Initiative connects Chinese share in MP & Silva > PAGE 16 with UK expertise> PAGE 14 > PAGE 17 BUSINESS 13 CHINA DAILY » CHINADAILY.COM.CN/BUSINESS Thursday, May 26, 2016 TECH POLICY Buffer period given on taxing imported goods sold online By MENG JING early April on cross­border year window to rethink their [email protected] e­commerce activities. procedures and plan well Customs officials were una­ ahead, said Lu. E­commerce companies have vailable to comment on the China started levying taxes been given a one­year buffer latest move on Wednesday, immediately on retail sales on period to rethink their cross­ but Beijing­based JD.com Inc cross­border e­commerce plat­ border strategies, after the gov­ and another major e­com­ forms in early April, as well as ernment released new merce platform, which asked placing stricter regulations on regulations,whicheasecontrols not to be named, both con­ gaining import permits for introduced in April on certain firmed they had received the goods sold online. imported goods sold online. reprieve notice. The aim was to create a The country's customs Lu Zhenwang, an e­com­ more level­playing field, said authoritysaiditwillcontinueto merce expert and chief execu­ officials, for e­commerce plat­ allow the direct import of cos­ tive officer of Shanghai­based forms and traditional retailers metics, baby formula, medical Wanqing Consultancy,said the and importers. equipment and healthcare­re­ April regulation required The regulations, however, lated food in 10 pilot cities, e­commerce companies to triggered mixed reactions without permission, or the fil­ obtaincertificatesfirstinorder among buyers and sellers, ing of special applications. to get their goods through cus­ with many simply expecting Companies have been told toms, but that had already led prices of imported goods sold Visitors walk past the Qualcomm Inc stand at the Mobile World Congress held in Barcelona. REUTERS they have until May 11, 2017 to to a fall in import volumes. online to be driven higher, bring imported goods into “Many companies have resulting in a fall in sales. bonded warehouses in the cit­ faced challenges in maintain­ Gao Hongbin, head of Ali­ ies — including Shanghai, ing stock levels because of the Research, a think tank affiliat­ Hangzhou, Ningbo, difficulty in completing all the ed with Alibaba Group Zhengzhou, Guangzhou and customs­related paperwork,” Holding Ltd, said cross­border Shenzhen — without having to he said. e­commerce is not a realistic Qualcomm says it’s complete customs clearance But the new regulation now competitor to traditional forms originally required from gives them effectively a one­ importers. here to stay in China LEISURE Distribution of Wanda Cities US chip giant says sector,which is now dominat­ “It is still unclear whether The Nanchang Wanda City opens in May ed by Intel Corp. ARM can offer computing The Hefei Wanda City is expected to Guizhou joint venture “The server chip business is power strong enough to sup­ be open in September. very investment­intensive. In port data centers,”Sheng said. The Wanda Cities in Harbin, Harbin will be massive Guangzhou, Wuxi, Chengdu, the next five years, we have to But according to Aberle, and Guilin are under construction. growth engine invest a lot of money before the company’s scale and pow­ we see our return,” Aberle er with the mobile chip busi­ By MA SI and YANG JUN said in an exclusive interview ness can give it an edge in the in Guiyang with China Daily on the side­ Derek Aberle, president of server chip market. [email protected] lines of the ongoing China Big Qualcomm Inc Qualcomm also sees big Data Industry Summit in potential for the internet of Derek Aberle, president of Guiyang. things, which the company Qualcomm Inc, said on But five years later, the number of internet data cen­ said a lot of technologies it Wednesday the mobile chip joint venture, Guizhou Huax­ ters have mushroomed, trig­ has already developed in giant is dedicated to long­ intong Semiconductor Tech­ gering a huge demand for mobile chips can be applica­ term investments in China to nology Co, will be “one of our server chips. ble to. Wuxi expand its server chip busi­ biggest growth engines (in According to research firm “The white goods market, Chengdu Hefei ness, as the country’s Internet China)”,he added. International Data Corp, Chi­ for instance, turns out to be a Plus initiative is fueling an “We want to enable the na consumed about 3.7 mil­ big opportunity,” Aberle said, explosive growth of internet joint venture to build up its lion units of server chips in adding that once home appli­ Nanchang data centers. own capability and be able to 2015, and the figure is expect­ ances are connected to the Aberle’s comments came as take our technology and ed hit 8.6 million units by internet, they can do more the US company unveiled a develop its own systems on 2020. intelligent things, which will Guilin new investment arm, Qual­ chips for the China market,” Roger Sheng, a senior ana­ demand much more comput­ Guangzhou comm (China) Holding Co Aberle said. lyst at research firm Gartner ing power. Ltd, in Guiyang, capital of Qualcomm is now working Inc, said it remains to be seen The company is working Guizhou province, to better hard to seek future growth how Guizhou Huaxintong with Chinese companies such Source: Wanda Group LIU LUNAN / CHINA DAILY tap into opportunities in are­ points as its major revenue can help Qualcomm break as Haier Group and Midea as such as the internet of source — chips used in smart­ into the Chinese server chip Group Co to make home things. phones and tablets — is being market, where the mobile appliances better compatible Earlier this year, Qual­ affected by the slower growth chip heavyweight has limited with each other across the Wanda to open new complex comm formed a 1.85­billion­ rate of the global smartphone experience. smart home ecosystem. yuan ($280 million) joint market. Qualcomm is building venture with the Guizhou But as China intensifies its server chips based on the Online By HU YUANYUAN and holidays, compared with provincial government, as efforts to upgrade its tradi­ ARM architecture, a chip See more by huyuanyuan@ Disney’s 370 yuan, and 499 on part of its efforts to build up tional industries with infor­ design that is widely used in scanning the chinadaily.com.cn corresponding days. presence in the server chip mation technologies, a large smartphones and tablets. code. Liu Mingsheng, Wanda’s Wanda Group will open its Wanda’s pricing spokesman, said its ticket pri­ first outdoor entertainment ces have been calculated complex in province of Jiangxi will be competitive, based on its investment at the INDUSTRY on Saturday. site: Nanchang Wanda City The launch of its Nanchang though its opera­ cost 20 billion yuan, com­ Wanda City looks perfectly tional experience pared with 34 billion yuan for Dell has big ideas for cloud computing timed by the company’s ambi­ Disneyland Shanghai. tious founder, billionaire US theme parks giant Uni­ Wang Jianlin, to take at least may lag behind versal Studios Inc also plans By MA SI and YANG JUN Huang Chenhong, presi­ tech giant that is seeking for some of the thunder from its Disneyland.” to open a flagship site in Bei­ in Guiyang dent of Dell Greater China, local partnerships to tap into biggest potential rival. jing, but most of Wanda’s said Guizhou YottaCloud will China’s IT market as local On June 16, the gates are Ben Cavender, principal of China complexes are in cheaper Dell Inc is eyeing a bigger be one of the vehicles for the governments and State­ due to be thrown open to what Market Research Group second­tier cities, helping presence in China’s cloud­ company to sell cloud servi­ owned enterprises are in is arguably the country’s most­ the company build more in computing market by help­ ces to small and medium­ favor of homegrown tech anticipated park ever, Disney­ the future. ing its local partner establish sized enterprises and local companies’ products and ser­ land Shanghai, the US its venues will beat Disney After Nanchang, Hefei Wan­ a new firm on Wednesday, as governments. vices amid concern over entertainment giant’s first hands down in terms of visitor da City in the capital of Anhui the country intensifies “Dell will offer technology national security. venture on the mainland. numbers and total revenue province is expected to open in efforts to encourage enter­ support to the new compa­ Kitty Fok, director of Inter­ According to the Chinese once it has rolled out what September, and there are five prises to embrace digitaliza­ ny,” Huang said, but he national Data Corp China, Tourism Academy, total could eventually be as many as others already under construc­ tion. declined to comment on said the biggest overseas domestic tourism revenue last 20 Wanda Cities nationwide. tion in Harbin in Heilongjiang The new company, named whether Dell has made giants have all tied up with year soared to 4 trillion yuan Ben Cavender, the principal province, Guangzhou in Guizhou YottaCloud Technol­ financial investments into local companies, especially ($616 billion), about 230 bil­ of China Market Research Guangdong, Wuxi in Jiangsu, ogies Co Ltd, was unveiled as the new company. State­owned enterprises. lion yuan of which was gener­ Group, however, is rather ChengduinSichuanandGuilin Michael Dell, CEO and chair­ Guizhou Wing Cloud High “An SOE identity and cut­ ated by theme parks.
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