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Grid computing in Asia remains low, but interest is high

Grid computing in Asia remains low, but interest is high Asia Pacific companies are well of aware of the benefits of grid computing technology but adoption remains low, a recent study commissioned by Oracle said. According to the third Oracle Grid Index research, Asia Pacific leads the world in terms of awareness and readiness to grid computing. However, very few companies in the region are implementing it due to various concerns such as security, difficulties in implementation, and the cost of doing it. The Oracle Grid Index research, done by third-party firm Quocirca, maps the readiness and adoption rates all over the world

O2 splits Asia market under two VP-sales

O2 splits Asia market under two VP-sales British communications major O2 has shuffled its management team in the Asian region by creating two new positions for vice-president sales. Chia Eng Keat, who was O2 Asia’s vice-president (sales and distribution) has een appointed vice-president (sales) North Asia & Middle East. In his new role, his mandate will be to oversee O2’s expansion in markets covering greater China, the Indian sub-continent and the Middle East. In India, O2 is engaged in the business of smart phones with its PDA mobiles. The company has also hired John Featherstone as vice-president (sales) for South-East Asia

Toyotas Sales Soar Outside Asia

Toyotas Sales Soar Outside Asia American depositary receipts of Toyota rose $ 1.10, to $108.10, on Friday after the Japanese carmaker reported that net income jumped 39% in its fiscal first quarter on strong sales in Europe and North America Toyota Motor (nyse: TM - news - people )reported sales of 5.64 trillion yen ($49 billion), an increase of 13.2% year-over-year. The company earned 371.5 billion yen ($3.2 billion), or 115.6 yen ($1.01) per ADR. That was up from 266.9 billion yen ($2.3 billion), or 81.79 yen (7 cents) per share, a year ago. Sales were particularly strong outside of

Fears for U.S. sales hit shares

Fears for U.S. sales hit shares Asian stocks slid Tuesday, reflecting concern that holiday sales in the United States for companies like Sony and Samsung Electronics are likely to suffer as shoppers turn to discount chains. "Expectations for the holiday shopping season have been pretty high," said Soichiro Monji, senior strategist at Daiwa SB Investments in Tokyo, "but actual sales seem to have fallen a bit short, which is hurting shares." The Morgan Stanley Capital International Asia-Pacific Index fell 0.3 percent to 115.31 points in Tokyo, pulled down by technology and consumer goods companies. It closed Monday at its highest

Huawei to See Sharp Sales Rise in Asia

Huawei to See Sharp Sales Rise in Asia Huawei Technologies, the biggest telecom equipment maker in China, announced on June 21 that it expects contract sales for the southern Asia-Pacific region to grow 55 percent to USD 2 billion this year. Asia-Pacific is one of the fastest-growing regions in the world for us, Liu Jiang Feng, Huaweis vice president for Asia- Pacific, said in a statement. We currently work with over 150 Asian telecom operators. Huaweis contract sales in the southern Asia-Pacific region, which includes India, southeast Asia, Australia and New Zealand -- reached USD 1.29 billion in 2005. Huawei competes with local rival