China Mobile’s Research Institute, in partnership with ZTE, has successfully completed tests for single-carrier 400G optical transport networking (OTN). The operator says that it is the first single-carrier 400G optical transmission network in China and…
TECHNOLOGY
China Unicom (Hong Kong) Limited (CHU) Receives Consensus Rating of “Hold” from Analysts
Shares of China Unicom (Hong Kong) Limited (NYSE:CHU) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with…
Google steps up global fight for digital wallet as China dominates mobile payments
To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million people on Tencent Holding’s WeChat app sent virtual hongbao –…
China: Mobile payment transactions reach USD 12.8 trln in ten months
Mobile payment transactions in China have reached USD 12.8 trillion from January to October 2017, driven by the convenient cashless systems. According to the latest official figures from the Ministry of Industry and Information Technology,…
China Mobile : 4G net adds slow to 5.24m in January
4G customers in January, slower than the pace of 15.61 million in the previous month, bringing the total 4G customer size to 654.7 million. The accumulated net addition of customers for January was 3.843 million,…
China’s MIGU Video acquires 2,200 hours of BBC content
Telco China Mobile is making a wide array of BBC programming available to around 856 million of its MIGU video viewers, following a deal announced at BBC Worldwide Showcase. The deal, which spans more than…
China tops world in growth of mobile phone shipments
China topped the world in terms of growth of mobile phone shipments, despite the first shrink of the domestic market in nine years that happened in the fourth quarter of 2017, said a report recently…
China pulls further ahead of US in mobile payments with record US$12.8 trillion in transactions
Mobile payment transactions in China reached a record 81 trillion yuan (US$12.8 trillion) from January to October last year, driven by the vast number of consumers across the country who have looked beyond credit cards…
Over 2200 hours of British TV content exported to China
BBC Worldwide announced today at its annual Showcase event in Liverpool that it has signed a deal with Migu Video, China Mobile’s video platform, that will see more than 2200 hours of BBC content from…
Changing consumer habits in China help create $46 billion mobile app market
BEIJING (CHINA DAILY/ASIA NEWS NETWORK) – Many Chinese have become heavily reliant on their smartphones or, to be more exact, the wealth of apps they use daily to shop, travel and chat with friends. The…
China mobile payment market tops the world at US$12.7 trillion
China’s mobile payment volume reached 81 trillion yuan (US$12.77tn) as of October 2017, as cashless transactions continued to gain popularity in the world’s second largest economy. The mobile payment volume for the first ten months…
China’s mobile payment volume is world’s largest at S$16.7 trillion
BEIJING (XINHUA) – China’s mobile payments totalled 81 trillion yuan (S$16.7 trillion) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
China’s mobile payment volume tops 81 trln yuan
China’s mobile payments totaled 81 trillion yuan (about 12.77 trillion U.S. dollars) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
