Latest news with #WPSOffice
South China Morning Post
5 days ago
- Automotive
- South China Morning Post
Xiaomi founder and CEO Lei Jun stays on as honorary chairman at Chinese software firm
Lei Jun – the 55-year-old Chinese entrepreneur transforming Xiaomi into a technology conglomerate covering smartphones, electric vehicles (EVs) and chips – will retain his seat as 'honorary chairman' at Beijing Kingsoft Office Software, suggesting that the founder remains committed to taking on multiple roles on the business front lines. In his honorary chairman role, Lei, the 'actual controller' of Kingsoft Office, will provide guidance on technology innovation, management and corporate culture, without drawing a salary, according to a filing by the Shanghai-listed company on Thursday. Shares of Kingsoft Office rose 0.7 per cent on Thursday morning. Lei's reappointment at Kingsoft Office – which is known for its WPS Office software , a popular local alternative to Microsoft Office – followed weeks of intense public scrutiny regarding the safety of Xiaomi's driving-assistance system. Then-Kingsoft Corporation CEO Lei Jun (right) with chairman Kau Pak-kwan during the company's listing debut in Hong Kong in 2007. Photo: Dickson Lee Last month, Lei said on his Weibo account that he was facing 'the hardest time' since founding Xiaomi in 2010, following a fatal crash involving the autonomous-driving feature of the company's SU7 vehicle, which resulted in three deaths in late March.
Yahoo
29-05-2025
- Business
- Yahoo
Kingsoft Corp Ltd (KSFTF) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amid Rising Costs
Group Revenue: RMB2.34 billion, up 9% year over year. Kingsoft Office Revenue: RMB1.301 billion, 60% year-on-year increase. WPS Individual Business Revenue: RMB857 million, up 11% year on year. WPS 365 Revenue: RMB151 million, 63% year-on-year increase. Online Games Revenue: RMB1.037 billion, 14% year-on-year increase. Gross Profit: RMB1.919 billion, 10% year-on-year increase. Gross Profit Margin: 82%, increased by 1 percentage point year on year. Research and Development Costs: RMB828 million, 60% year-on-year increase. Selling and Distribution Expenses: RMB340 million, 30% year-on-year increase. Administrative Expenses: RMB160 million, flat year on year. Operating Profit: RMB655 million, decreased 3% year on year. Profit Attributable to Owners: RMB284 million, compared to RMB285 million in Q1 2024. Cash Resources: RMB26 billion as of March 31, 2025. Net Cash Used in Operating Activities: RMB102 million for the quarter. Capital Expenditures: RMB121 million for the quarter. Warning! GuruFocus has detected 2 Warning Signs with AMBR. Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Kingsoft Corp Ltd (KSFTF) reported a 9% year-over-year increase in group revenue, reaching RMB2.34 billion. The Kingsoft Office Group saw a significant 60% year-on-year revenue increase, driven by market adaptation and AI user expansion. WPS Office's global monthly active devices grew by 8% year-on-year, with notable increases in both PC and mobile versions. WPS 365 achieved a 63% year-on-year revenue increase, bolstered by its document management, collaboration, and AI capabilities. The gaming segment reported a 14% year-on-year revenue increase, with successful updates and expansions in flagship games like JX3 Online. The office software and services business experienced a 13% quarter-on-quarter revenue decrease, partly due to adjustments in procurement processes. Research and development costs rose by 60% year-on-year, impacting overall profitability. Operating profit before share-based compensation costs decreased by 44% quarter-on-quarter. Net cash used in operating activities was RMB102 million, indicating a decline from previous quarters. The company faced challenges in maintaining growth momentum for JX3 Online due to high base effects and market uncertainties. Q: Could management share your views on the strategic plans for the gaming business going forward, and any updates on the launch schedules for "Metro Brick"? A: Tao Zou, CEO, explained that the focus is on maintaining passion and quality in game development, expanding beyond martial arts genres, and targeting international markets. "Metro Brick" is scheduled for release in July, with an official announcement in early June detailing the exact launch time and countries. Q: Could you update us on the overseas business of the WPS Office? A: Tao Zou, CEO, stated that the strategy focuses on AI, collaboration, and overseas expansion. The company is developing multi-language versions of its products and plans to complete this by June. They aim to leverage partnerships with other Chinese companies to strengthen their overseas presence. Q: What major optimizations and changes have been implemented in "Metro Brick" since the last testing, and how do you expect its performance post-launch? A: Tao Zou, CEO, mentioned that modifications were made based on player feedback, including bug fixes, design adjustments, and enhancing player experience. The company has internal performance benchmarks but prefers to wait until the official release in July to provide more accurate expectations. Q: How do you foresee JX3's revenue growth and its potential impact on gross and operating margins? A: Tao Zou, CEO, noted that JX3's monthly active users and ARPU remain stable. Despite seasonal fluctuations, the company is confident in maintaining stable operations and performance, acknowledging the inherent uncertainties in the gaming market. Q: Is there an opportunity for Kingsoft to collaborate with Xiaomi in the AI field, and what potential forms could this cooperation take? A: Tao Zou, CEO, confirmed that Kingsoft plans to leverage Xiaomi's AI capabilities as a core part of their strategy. The collaboration will focus on integrating AI into Kingsoft's products and services, aiming to empower enterprises with AI-driven solutions. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
24-03-2025
- Business
- Mid East Info
Are Tablets Finally Ready to Replace Laptops in Modern Workplaces? - Middle East Business News and Information
For years, tablets have been positioned as viable alternatives to laptops, yet they have consistently struggled to meet the real demands of business users. Software limitations, awkward typing experiences, and inefficient multitasking have kept tablets in the role of secondary devices rather than primary workstations. With advancements in hardware, software, and input technology, the gap between tablets and PCs is closing fast. The role of tablets is growing, particularly in sectors where mobility and accessibility outweigh the need for raw computing power. However, there do remain some pain points that still get in the way of wider tablet adoption. This is the segment that Huawei's MatePad Pro lineup seems to be aiming for, especially the new HUAWEI MatePad Pro 13.2'. It represents a significant leap forward in tablet technology, delivering a genuine PC-like experience in an astonishingly thin and lightweight form factor. But how likely are tablets to replace PCs in reality? Closing the software gap: Despite their portability, most tablets lack the depth of functionality that professionals require. Business users frequently cite small screen sizes, poor aspect ratios for productivity, and the lack of proper multitasking support as major barriers. For years, the key challenge in replacing a laptop with a tablet has been software. Recent advancements suggest tablets are beginning to overcome some of these challenges with a more mature software ecosystem. This is the key area that the MatePad Pro 13.2″ improves on. It delivers a genuine PC-like experience through innovative software and accessories. The tablet supports the PC version of WPS Office, providing the same layout, features, and workflows that users are accustomed to on desktop computers. This implementation eliminates the learning curve typically associated with transitioning between devices, allowing users to maintain their productivity without interruption. Whether creating complex spreadsheets, editing presentations, or working with documents, the experience mirrors that of a traditional laptop. Unlike simplified mobile apps, this PC-level WPS implementation offers complete functionality, including flexible window resizing, multi-window display, and advanced editing capabilities. Improving the Hardware Experience: Input is another major concern. The lack of a proper keyboard and input device has long been a deal-breaker for professionals. Many detachable tablet keyboards have suffered from shallow key travel, unresponsive typing, and an unnatural feel that makes extended typing sessions frustrating. However, the MatePad Pro 13.2″ offers a true PC-like experience when paired with its NearLink-powered accessories. The HUAWEI Smart Magnetic Keyboard transforms the tablet into a laptop replacement with its innovative detachable design. Users can also complete the setup with an external mouse for added convenience. The HUAWEI M-Pencil (3rd generation) complements this experience as the industry's first stylus with 16,384 pressure sensing levels, making it ideal for both detailed note-taking and creative work. For added security in professional environments, the tablet features side fingerprint identification that enables quick unlocking. A Shift Towards Hybrid Devices: For many industries, a tablet will never fully replace a high-end workstation. Power users in video editing, engineering, and software development will continue to need specialised machines. However, for consultants, executives, sales professionals, and creatives, the modern tablet is becoming a legitimate alternative that offers flexibility without significant trade-offs. With software enhancements, and PC-level input experiences and applications, the HUAWEI MatePad Pro 13.2″ signals a shift in how we define work devices. For most professionals, this tablet can be their primary productivity tool.
Mid East Info
17-03-2025
- Mid East Info
Enjoy a Complete Office Suite Experience on a Tablet with the HUAWEI MatePad Pro 13.2″ - Middle East Business News and Information
Have you ever tried using spreadsheets on a tablet? If so, you might know the frustration of cramped layouts, limited functions, and an experience that feels like a far cry from what you are used to on a PC. You can forget about essential functions like advanced formulas or pivot tables on typical stripped-down office suites made for tablets. Even basic formatting can feel like a chore, with menus buried under multiple taps and gestures that don't translate well from a PC. And don't even think about multitasking since you can't resize the windows or place where you need them. It's a similar story with everything else from presentations to documents. But not anymore. The HUAWEI MatePad Pro 13.2″ is built for professionals who expect more. With its powerful hardware and a PC-level WPS Office experience, it bridges the gap between tablets and traditional computers, delivering a seamless, productive workflow without the usual limitations. PC-Level WPS: A Full-Fledged Office Experience: The MatePad Pro 13.2' is designed to serve you like a laptop with its PC-level WPS Office suite. The typical patty-cake version of mobile office apps found on tablets often lack advanced features. But the WPS app on this tablet provides a desktop-grade experience with an intuitive UI, full editing and presentation capabilities, and a familiar workflow. Anybody accustomed to working on a PC can switch to the MatePad Pro 13.2″ without having to relearn interfaces or compromise on functionality. WPS spreadsheets, presentations, and formulas offer a nearly identical experience to their desktop counterparts, enabling seamless switching between PC and tablet for efficient work. App window resizing and hovering Unlike traditional mobile office apps that lock users into full-screen mode, the PC-level WPS app on the MatePad Pro 13.2″ allows for flexible window resizing. Users can adjust window sizes to their preferences just as they would on a computer. Additionally, WPS windows can be freely positioned anywhere on the screen, enhancing multitasking efficiency. Multi-Window Display for Seamless Navigation The PC-level WPS app supports multi-window display and quick switching between documents. This means users can reference multiple documents at once, work on spreadsheets while checking email, or review presentations side by side. Keyboard and Mouse Integration While touchscreens are great for convenience, many professionals prefer the tactile feedback of a keyboard and the precision of a mouse. The Smart Magnetic Keyboard that comes with the tablet has a full-sized keyboard with large key caps and 1.5mm key travel for comfortable typing. The keyboard shortcuts function just as they would on a desktop, allowing for complex office operations with minimal effort When a mouse is connected, the tablet displays an arrow for precise selection. You can also pair it up with the HUAWEI M-Pencil for even more flexibility. The combination of PC-level WPS and the accessory ecosystem transforms this tablet into a true productivity powerhouse. Users no longer need to choose between portability and functionality because the MatePad Pro 13.2″ offers the best of both worlds.
Al Bawaba
11-02-2025
- Business
- Al Bawaba
HUAWEI Mate XT, the First Tri-Fold Smartphone You Can Buy, Awaits Its Global Debut in Kuala Lumpur
Every year brings countless new tech products, but only a few are truly outstanding. Among those, a groundbreaking innovation is a rare event, one that only happens a few times in a decade. We were all fortunate to recently witness the launch of the first-ever commercial tri-fold smartphone in all its glory. The HUAWEI Mate XT took the world by storm and had everyone delighted to see something truly innovative happening in the world of smartphones. Until now, however, the Mate XT has only been available in China. That's about to change. The revolutionary HUAWEI Mate XT will make its global debut in Kuala Lumpur, Malaysia, on February 18, 2025. This triple foldable offers a large screen, the size of a typical tablet, in a normal smartphone form factor. It combines productivity and portability, unlocking unprecedented possibilities. As the first device to combine the functionalities of a tablet and a smartphone, it could actually create an entirely new category of handheld devices. Beyond multitasking and immersive viewing, the HUAWEI Mate XT has the potential to change how we live and work, integrating digital and real-world experiences like never before. With single, dual, and triple-screen modes, users can achieve more simultaneously, boosting both productivity and leisure. And while the tri-fold is the star of the show, the launch event promises even more exciting surprises. A PC-like Tablet is Coming Huawei is expected to set a new benchmark for tablet productivity at the Kuala Lumpur event with the HUAWEI MatePad Pro 13.2'. This tablet will offer a complete office suite with PC-level WPS Office and the convenient detachable HUAWEI Smart Magnetic Keyboard, ushering in a new era of tablet-centric productivity. The tablet might also feature one of the best screens in the industry. The tablet supports the latest HUAWEI M-Pencil and supports accessories like a mouse offering a true PC-like experience, which could allow users to travel light while staying productive. Huawei could also unveil the HUAWEI Band 10, along with a brand-new open-ear earbud, the HUAWEI FreeArc, which boasts an earhook design. From its groundbreaking tri-fold design to the promise of more powerful devices, Huawei is setting the stage for a new era in consumer gadgets. On February 18, the global tech world will turn a new page, and the future is about to unfold right before our very eyes.
