China’s New Heavy-Lift Rocket Launch Fails

The Long March-5 Y2 rocket takes off from Wenchang Satellite Launch Center in Wenchang, Hainan Province, China July 2, 2017. Credit: Reuters

China’s launch of a new heavy-lift rocket, the Long March-5 Y2, carrying what the government said was its heaviest ever satellite, failed on Sunday, official news agency Xinhua said.

The same rocket type had been expected to take China’s latest lunar probe to the Moon this year and to return with samples. It is not clear how the timetable for that mission could be affected by the failed launch.

President Xi Jinping has prioritised advancing China’s space program to strengthen national security and defense, and the government has stressed it is a purely peaceful initiative.

“An anomaly occurred during the flight of the rocket,” Xinhua said after the rocket blasted off early evening from the southern island province of Hainan.

“Further investigation will be carried out,” it said, without elaborating.

China’s space program has largely operated without many major hitches, though it still has a way to go to catch up with the United States and Russia.

In late 2013, China’s Jade Rabbit moon rover landed on the Moon to great national fanfare, but ran into severe technical difficulties.

The US Defense Department has highlighted China’s increasing space capabilities, saying it was pursuing activities aimed at preventing other nations from using space-based assets in a crisis.

China is preparing to send a man to the Moon, state media cited a senior space official as saying last month.

In 2003, it became the third country to put a man in space with its own rocket after the former Soviet Union and the United States.


China’s Authorities Tighten Noose Around Online Video, Audio Content

China's Authorities Tighten Noose Around Online Video, Audio Content

China already keeps a close watch over the Internet
It seems necessary to ensure national security and social stability
Weibo, ACFUN, and have been told to stop video service
China has told three major web portals to shut down their video and audio streaming services, saying they carry politically-related material that breaks state rules and social commentary which incites negative opinions.

China keeps a close watch over the Internet, deleting comments on social media it deems harmful and blocking popular foreign websites including Google and Facebook.

It has defended tight controls as necessary to ensure national security and social stability.

China’s Twitter-like service Sina Weibo, popular online video site ACFUN and news portal will have to stop video streaming services that violate the country’s regulations, the TV and film watchdog said on Thursday.

It did not give any specific timeframe for when these programmes should be taken down and whether the move was permanent.
“This will provide a clean and clear Internet space for the wide number of online users,” the State Administration of Press, Publication, Radio, Film and Television said in a brief statement on its website.

Weibo Corp said it was communicating with relevant government authorities to understand the scope of the notice and will also evaluate the impact of the government’s move on its operations and its administrative options.

ACFUN and were not immediately available for comment.

China’s Internet shares tumbled after news of the clampdown with Weibo Corp’s down 9 percent, while SINA Corp, which has a stake in Weibo, fell 6 percent.


Foxconn Gets Green Light From China’s Antitrust Regulator for Sharp Deal


Foxconn Gets Green Light From China's Antitrust Regulator for Sharp Deal

Taiwanese tech giant Hon Hai said antitrust authorities in China had approved its takeover of ailing Japanese electronics maker Sharp, clearing the last obstacle to the drawn-out deal.

The purchase, which was supposed to close last month, has reportedly been held up by China – one of the countries that was reviewing the deal over concerns that it could lead to a monopoly on LCD screens.

Hon Hai gains Sharp’s cutting-edge LCD panel technologywith the $3.5-billion buyout, giving it a 66 percent controlling stake.

“Our application for antitrust review in various regions is completed,” the company said in a statement to the Taiwan stock exchange late Thursday.

“Both sides will carry out the handover procedures as soon as possible according to the contract,” it said.

The announcement fulfills an ambition of Hon Hai founder Terry Gou, whose firm first pursued Sharpfour years ago.

Gou’s company – also known as Foxconn – is the world’s biggest electronics supplier, with Apple a key customer for smartphone components.


But the smartphone giant is squeezing its suppliers as sales of its iPhones slow, dropping 15 percent last quarter year-on-year.

Hon Hai shares slumped in Taipei Friday on weaker-than-expected quarterly earnings.

“From the results, we can see that Apple is pressuring its supply chain on prices,” Fubon analysts led by Arthur Liao said in a note.

Hon Hai said Thursday that its net profit dropped 31 percent to TWD 17.7 billion ($565 million) in the April-June period, the third straight quarterly decline.

It missed the TWD 24.6 billion estimate by analysts polled by Bloomberg News.

Shares slumped 3.69 percent Friday. underperforming the benchmark index.

Analysts are expecting better performance in the third quarter, when Apple’s new iPhone 7 series is rumoured to be launched.

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Tags: Apple, Foxconn, Home Entertainment, Hon Hai, Laptops, Mobiles, PC, Sharp, Tablets, iPhones



China’s President Xi Jinping Pledges extra guide For technology corporations

China's President Xi Jinping Pledges More Support For Technology Firms

China’s President Xi Jinping said the united states of america will “provide larger aid for technice=”hide”>companies=”hide”>agencies|businesses|companies|groups|organizations|corporations=”tipsBox”>”,especially small and medium-sized companies. it will also reorganise research institutes and universities. (report photo)
BEIJING, CHINA: China’s President Xi Jinping has vowed to growth government help for era first-rate=”hide”>companies=”hide”>agencies|businesses|companies|groups|organizations|corporations=”tipsBox”>,state media stated, in an try to improve the united states of america‘s competitiveness that mightadditionally in addition fuel worries over protectionism.

Beijing has put forward so-known as net Plus and Made in China 2025 strategies, which intention to makechinese language corporations global technology leaders and contact for modern increases in homeadditives in precedence industries which include robotics and aerospace gadget.

overseas businessgreat=”hide”>groups=”hide”>agencies|businesses|companies|groups|organizations|corporations=”tipsBox”> have voiced issues that such policies ought to limit overseas companiesopportunities in China and in the long run starve innovation.

“To be the sector‘s fundamental clinical and technological strength, the kingdom will need to champion 7339ff1fc90882f8f31ca1efdd2ac191 institutes, studiesoriented universities and innovation-orientatedcorporations,” the official Xinhua information organisation referred to Xi as announcing at a scienceoccasion on Monday.

Xi said the us of a will “provide larger assist for tech first-class=”hide”>companies=”hide”>agencies|businesses|companies|groups|organizations|corporations=”tipsBox”>”,specifically small and medium-sized corporations, reorganise studies institutes and universities, and plantowns and regional centres to be attractive to innovation industries.

“Our largest advantage is that we, as a socialist u . s . a ., can pool assets in a prime project,” Xi stated, in feedback reported overdue on Monday.

He additionally vowed to provide scientists more energy in allocating investment and directing theirstudies, Xinhua mentioned.

Xi did now not specify if help would be geared in the direction of domestic-grown technologycorporations. chinese officers have said their regulations do no longer unfairly take goal at overseasbest=”hide”>companies=”hide”>agencies|businesses|companies|groups|organizations|corporations=”tipsBox”>and feature repeatedly promised to ramp up highbrow property rights protection to attract moreoverseas investment.

nevertheless, China has long sought to set up a firm grip over the country‘s sensitive technologyinfrastructure, mainly inside the face of what it says are developing security threats including terrorism.

Many overseas generation corporations were placed on the protective as their China commercial enterprise suffered inside the wake of data leaks by using former national protection organization (NSA) contractor Edward Snowden in 2013.

Frustration additionally has been mounting inside the overseas commercial enterprise network overgradual progress on China’s promised marketplacestarting reforms.