China United Network Communications Group Co Ltd, the country’s second-largest telecom carrier by subscribers, has teamed up with Alibaba Group Holding Ltd to sell its assets on the latter’s online auction platform. The move makes…
TECHNOLOGY
Qualcomm profit beats estimates but weak China mobile sales weigh on outlook
(Reuters) – Chipmaker Qualcomm Inc’s (QCOM.O) profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts’ estimates due…
Amazon Wants to Disrupt Health Care in America. In China, Tech Giants Already Have.
By Chinese standards, they’re behind the curve. Technology companies like Alibaba and Tencent have made health care a priority for years, and are using China as their laboratory. After testing online medical advice and drug…
Tencent, China Mobile and other China new-economy stocks set to join H-share index
China Mobile, CNOOC and other mainland companies that are incorporated overseas may be added to the Hang Seng China Enterprises Index as part of a regular review next week, according to China International Capital Corp.…
China Mobile : Nokia 3310 4G officially unveiled
HMD Global has officially unveiled the Nokia 3310 4G smartphone in China. In the home country, the Nokia 3310 4G will be available through China Mobile, GizmoChina, reports. The handset is running on YunOS, Alibaba…
China Unicom to sell assets on Alibaba’s Taobao
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province.[Photo/Xinhua] China Unicom, the country’s second-largest mobile carrier by subscribers, teamed up with Alibaba Group Holding Ltd on Wednesday to…
China Unicom (Hong Kong) (CHU) Downgraded by Zacks Investment Research
CLSA upgraded shares of China Unicom (Hong Kong) from an “underperform” rating to a “buy” rating in a research report on Thursday, January 11th. The report, in the South China Morning Post on Sunday, quoted…
China’s Army Recruits Top Scientists to Develop Quantum Technology and AI
China is looking to the future as it embarks on a mission to develop cutting-edge technologies in order to become the new military tech superpower. China has selected 120 top specialists to work in a…
Qualcomm’s China Technology Day is all about 5G
President of Qualcomm says that 5G will change everything, from AI to IoT. Lenovo, OPPO, vivo, Xiaomi, ZTE, and Wingtech will join Qualcomm’s 5G Pioneer Initiative. Qualcomm signs a memorandum of understanding with Lenovo, OPPO,…
Risk-Reward With China Mobile
With over $100 billion in revenue from its massive subscriber base, a $75 billion cash pile, a tidy 5% projected dividend yield and the stock sitting below $55 a share, China Mobile (CHL) won’t have…
China Mobile : HSI ends up 429 pts at 33,083 midday; turnover at HK$95.7bn
session following the rally of the Dow overnight. The benchmark index opened up 181 points to 32,836. It briefly rose 435 points to an intra-day high of 33,089. The Hang Seng Index ended up 429…
China’s Mass Market Adopts Mobile Payments
WASHINGTON DC, Jan 23 2018 (IPS) – China’s mass-market adoption of mobile payments in recent years has stunned observers. In 2016, more than 500 million Chinese used mobile payments and transacted 97 billion times on…
China Mobile and China Unicom Deploy Huawei’s Cloud Fabric
Both China Mobile and China Unicom are using Huawei’s CloudFabric for their data center modernization programs. China Mobile, the world’s largest mobile provider with 873 million subscribers, is building a private cloud at five of…
