Telecom & Wireless

Alibaba, China Telecom Seal New Deal For Network Services

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and payment services.Under the agreement,...

Daojia.com.cn Acquired By Pizza Hut's Parent Company

The U.S.-based owner of Pizza Hut and KFC is buying a Chinese food delivery company.Yum China Holdings Inc, backed by Chinese private equity firm...

China's Huawei Gains Network Upgrade Contract In Iran

Huawei and Telecommunication Company of Iran have jointly launched a new project aiming to integrate and upgrade the fixed telephone and mobile telecommunications networks...

Tencent Invests Additional USD90 Million In Pocket Gems

Tencent has invested additional USD90 million into the American gaming company Pocket Gems, and is increasing its stake in the latter to 38%.Tencent first...

After Dumping Its Mobile Business, Baidu Needs To Innovate Again

What does Baidu's sale of its mobile business portend for its ability to integrate businesses?At the end of March 2017, the Chinese search engine...

China's Meizu Restructuring Forms Three Major Business Units

Chinese smartphone maker Meizu is facing stiff competition and shrinking margins, and the company is responding with its new organizational structure.In the new organizational...

Xiaomi Signs Strategic Supply Chain Investment Deal With Hubei Province

Chinese smartphone maker Xiaomi announced a strategic cooperation agreement with Hubei province.Under the strategic cooperation agreement, Xiaomi will join hands with the Yangtze River...

Cheetah Mobile's Live Show Subsidiary Gains USD60 Million Investment

Chinese mobile Internet security company Cheetah Mobile announced that its live show subsidiary Live.me Inc signed a USD60 million fund raising agreement.Cheetah Mobile currently...

Alipay's Travel Tax Refund Service Arrives In Ten European Countries

Chinese Internet payment platform Alipay will launch a travel value-added tax refund service in ten countries in Europe to allow consumers to complete tax...

Former ZTE EVP Joins Tsinghua Unigroup

A representative from Tsinghua Unigroup confirmed that Zeng Xuezhong, former executive vice president of ZTE, has joined Tsinghua Unigroup as global executive vice president.On...

China Unicom Net Profit Up 79.3% In Q1 2017

China Unicom's financial and operating statistics for the first quarter of 2017 shows that the company achieved revenue of CNY69.005 billion, a year-on-year decrease...

China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016

In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%.Its earnings before interest, taxes, depreciation and amortization were CNY256.7...

China's UC News Boasts 100+ Million Monthly Users In India, Indonesia

Chinese Internet company UC recently announced that its UC News had over 100 million monthly active users in India and Indonesia by April 2017.UC...

Huawei Registers Modest Net Profit As Focus Turns To IoT

Chinese telecom device maker Huawei realized global sales of CNY521.6 billion, a year-on-year increase of 32%; and it realized net profit of CNY37.1 billion,...

Mi Pay Claims To Support 33 Banks, 90%+ Users Are Males

Xiaomi's payment service Mi Pay recently published its semi-annual user statistics report and claims that three new banks support Mi Pay bringing the total...

TSMC Will Start Volume Production Of iPhone's A11 Chips

Taiwanese semiconductor manufacturer and Apple's chip partner TSMC will reportedly start volume production of A11 chips from April 2017, which will be supplied to...

Huawei's Data Center And Innovation Labs Bring Investment To New Zealand

New Zealand's government revealed that Chinese telecom device maker Huawei will invest NZD400 million, which is about CNY1.938 billion, in the country for data...

Xiaomi Builds Second Manufacturing Plant In India

Chinese smartphone maker Xiaomi has cooperated with Foxconn in the building of its second Indian manufacturing plant, which is located in Sri City, Andhra...

China's Tencent Becomes Largest Gaming Company In The World

China's Tencent Games achieved operating revenue in 2016 of USD10.2 billion, a year-on-year increase of 17%, which makes it the largest online game company...

Huawei's OpenLabs Will Push Chinese Tech Around The Globe

Chinese telecom device maker Huawei launched its global OpenLab planning and the company announced plans to build 15 new OpenLab sites around the world...

HTC To Sell Mobile Phone Factory In Shanghai

HTC is planning to sell its mobile phone manufacturing plant in Shanghai, and the money gained will be invested into the virtual reality operations...
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