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China has Almost Half a Billion Online Gamers

The online game market had been expanding, with domestic game firms continuing to invest in overseas game developers and beefing up product export, said the report

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online games
Representational image. Pixabay

China had 494 million online game players by June, accounting for 57.8 per cent of all netizens in the country, according to a report on China’s Internet development released Friday.

Among them, 468 million play games on mobile phones, 9.23 million more than the previous year, Xinhua news agency reported.

In the first half of the year, the online gaming population increased by 9.72 million, said the report released by the China Internet Network Information Center.

pubg
Launched in 2017, the main version of the controversial game ‘PUBG’ has already crossed the 100-million-download mark on Google Play Store. (Representational image). Wikimedia Commons

From January to June, cloud service was highlighted in industrial development, which was widely adopted by game developers and created better user experience.

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The online game market had been expanding, with domestic game firms continuing to invest in overseas game developers and beefing up product export, said the report. (IANS)

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Samsung Electro-Mechanics Plans To Close HDI Unit of Production in China

The company has reportedly been struggling to make a profit in recent years due to fierce competition from low-cost Chinese and Taiwanese rivals

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HDI
Samsung Electro-Mechanics has been expected to pull away from the HDI business due low profitability. The company previously announced its HDI production line in Busan will be transferred to Vietnam. Wikimedia Commons

Samsung Electro-Mechanics Co., an electronic components maker affiliated with Samsung Electronics, has said it will shut down one of its Chinese units that produces high density interconnect (HDI) substrates due to low profitability.

Kunshan Samsung Electro-Mechanics Co. in Jiangsu, China, will halt production and sales, Samsung Electro-Mechanics said, adding that it also plans to sell assets of the Chinese unit.

Kunshan Samsung Electro-Mechanics produces HDI, a type of printed circuit board used in electronic devices, including smartphones and laptops, Yonhap news agency has reported.

The company has reportedly been struggling to make a profit in recent years due to fierce competition from low-cost Chinese and Taiwanese rivals.

HDI
Samsung Electro-Mechanics Co., an electronic components maker affiliated with Samsung Electronics, has said it will shut down one of its Chinese units that produces high density interconnect (HDI) substrates due to low profitability. Wikimedia Commons

To help the Chinese unit wind up its business, Samsung Electro-Mechanics will purchase 383.6 billion won worth of new shares issued by Kunshan Samsung Electro-Mechanics so the company can pay off its debts.

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Samsung Electro-Mechanics has been expected to pull away from the HDI business due low profitability. The company previously announced its HDI production line in Busan will be transferred to Vietnam. (IANS)