It appears that Ericsson was successful in securing a portion of Chinese mobile operators’ latest 5G tender, while Nokia was left out.
TECHNOLOGY
Ericsson tipped for small China win, Nokia to miss out
In this latest move, Ericsson reportedly received around 10 per cent of the contract. The report comes two weeks after China Mobile awarded contracts to both European players its latest 5G tenders.
Data Center Market in China to grow by USD 55.30 billion|Technavio
The data center market value in China is set to grow by USD 55.30 billion, progressing at a CAGR of almost 24% during 2021-2025. The report offers an up-to-date analysis regarding the current market …
Ericsson gets 5G radio contracts in China, Nokia disappoints – sources
Sweden’s Ericsson (ERICb.ST) won a 3% share in a joint 5G radio contract from China Telecom (0728.HK) and China Unicom (0762.HK), according to sources familiar with the matter.
Ericsson wins 5G radio contracts in China – sources
Sweden’s Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter. STOCKHOLM/SHANGHAI, Aug 2 (Reuters) – Sweden’s …
Death toll jumps to more than 300 in recent China flooding
Chinese authorities have announced a large jump in the death toll from recent floods. The Henan provincial government said Monday that 302 people died and 50 remain missing. The vast majority of the …
China’s CATL unveils sodium-ion battery to diversify from lithium
A Chinese company became the first major car battery manufacturer to unveil a sodium-ion battery last week. CATL, China’s homegrown lithium-ion battery giant, counts brands like Tesla and Volkswagen …
China Mobile Phone Shipments Take A Tumble: IDC
Researcher IDC’s Mobile Phone Tracker says 79.0 million smartphones were shipped in China in Q2, down 10 percent year-on-year. The decline was the result of the weaker-than-expected demand and a lack …
China’s indebted Evergrande to sell stakes in internet unit
China’s most indebted property developer Evergrande Group (3333.HK) has agreed to sell stakes in its internet unit HengTen Networks Group Ltd (0136.HK) worth a total of HK$3.25 million ($418.2 million …
Value of China’s BeiDou industry to reach 25% of global share by 2025 Value of China’s BeiDou industry to reach 25% of global share by 2025
The value of industries related with China’s homegrown BeiDou Navigation Satellite System is estimated to exceed 1 trillion yuan (about $155 billion) by 2025, taking up 20 to 25 percent of the global …
China orders 25 technology giants to fix raft of problems
China ordered more than two dozen technology firms to carry out internal inspections as part of a campaign to root out illegal online activity.
Joe Biden, US lawmakers working on parallel tracks to bolster China tech policy
The administration puts together a team of advisers to devise a policy that strikes a balance between national security and technological innovation.
China fixed broadband services revenue to grow at CAGR of 3.6%
Driven by a continuous rise in high fiber-to-the-home (FTTH) subscriptions and FTTH average revenue per user (ARPU), China’s fixed broadband service revenue is poised to increase at a compound annual …
