Online game developer and operator Soft-World International has reported net profit of NT$610.6 million (US$20.2 million) and net EPS of NT$5.00 for 2019.

Demand for software as a service (SaaS) has been on the rise, highlighted recently by needs for remote working in the wake of the coronavirus outbreak, which has prompted more firms to adopt cloud-based collaborative operations, according to Kdan Mobile Software founder and CEO Kenny Su.

Taiwan's Ministry of Science and Technology (MOST) and StanShih Foundation, established by Acer founder Stan Shih, on March 20 jointly hosted a three-day training camp on entrepreneurship via online conferencing, avoiding a physical meetings in response to the coronavirus outbreak.

While planning to launch an array of 5G devices including handsets to cash in on the commercialization of 5G operations in Taiwan in July, Samsung Electronics is also keen to promote its B2B and other service application solutions in the local market, according to sources at Samsung Taiwan.

DDTMAP Technology, a Taiwan-based developer of applications of AR, VR and human-machine interaction technologies, will launch WebAR web-based AR platform for simulating spatial placements of furniture to help consumers choose items that can match their home decor, according to company founder and CEO...

Online game developer and operator Gamania Digital Entertainment has posted net EPS of NT$5.10 (US$0.17) for 2019.

Taiwan-based startup Velodash has developed an app to allow cyclists to plan cycling routes and arrange group rides as well as to provide management system, including route planning and real-time tracking of cyclists,for cycling event organizers. It has recently raised NT$21 million (US$698,300) in...

Digital multimedia software solution developed CyberLink has reported 2019 consolidated revenues of NT$1.455 billion (US$48 million), with net profit for the year reaching NT$379.9 million.

China-based e-commerce operator Alibaba Group has reported consolidated revenues of CNY161.456 billion (US$23.19 billion) for fourth-quarter 2019, increasing 35.66% sequentially and 37.67% on year.

The cancellation of the annual Mobile World Congress (MWC) will prompt the ICT industry to explore and try new marketing campaigns online.

Mobile World Congress (MWC) 2020 has been canceled out of health concerns in the wake of the coronavirus outbreak, the organizer has confirmed.

The Taiwan government has been promoting mobile payment since early 2018, aiming to have it penetrate 90% of all retail sales transactions in 2025, according to Ministry of Economic Affairs (MOEA).

By virtue of high transmission speeds and low latency 5G will be able to make cities smarter, realize smart applications in many sectors, such as medical care, finance, transportation, and introduce new entertainment, according to Leland Lai, managing partner at phireGEN Advisory Group.

5G-based innovative technologies will focus on user experience and feeling, according to startup investment expert Jay Onda from Orange Silicon Valley.

Unity Operating System (UOS), an in-house developed operating system by China-based software designers including NewStart, Wuhan Deepin Technology and stated-owned CEC, is expected to make the first version available at the end of 2019.

Alibaba Group has reported consolidated revenues of CNY119.017 billion (US$16.65 billion) for third-quarter 2019, increasing 3.56% sequentially and 39.78% on year.

China-based Internet value-added service provider Tencent Holdings has reported third-quarter 2019 consolidated revenues reached CNY97.236 billion (US$13.84 billion), growing 9.47% sequentially and 20.65% on year.

China's software industry consisting of 39,392 companies generated total revenues of CNY4.487 trillion (US$656.4 billion) in January-August 2019, growing 14.9% on year, according to China's Ministry of Industry and Information Technology (MIIT).

International Games System (IGS) saw the proportion of consolidated revenues for mobile online games increase from 70% in 2018 to 81% in first-half 2019, and arcade game machines' decrease from 30% to 19%, according to company chairman Lee Ko-chu.

China-based Internet service provider Tencent Holdings has reported second-quarter 2019 consolidated revenues of CNY88.821 billion (US$13.02 billion), growing 3.93% sequentially and 20.56% on year.

The recent unveiling of Samsung Electronics' Galaxy Note 10 lineup and Huawei's Harmony OS seems to have pointed out a direction for IT products' development in the 5G era.

Huawei has resumed pulling in new orders for notebooks and also restarted the development of 5G-enabled notebook models, according to sources from the vendor's Taiwan-based supply chain.

Mobile online game and arcade game machine developer International Games System (IGS) has reported consolidated revenues of NT$501.7 million (US$16.1 million) for July, hitting the monthly record for the third consecutive month with growth of 18.96% sequentially and 108.88% on year.

Apple and Intel have signed an agreement for Apple to acquire the majority of Intel's smartphone modem business. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The transaction, valued at US$1 billion, is expected to close in the fourth quarter...

Taiwan startup Mind & Idea Fly (Mifly) has rolled out an AR editing tool, dubbed MakAR, to help users create their own AR content within 5-10 minutes, which, coupled with a subscription system, targets the emerging enterprise web AR market, according to company founder and CEO Roger Lu.