China Unicom has set an annual pre-tax profit growth target of 68.7 per cent through 2020, as the state-owned telecoms firm benefits from a transformation of its business model and partnership with internet giants Alibaba…
TECHNOLOGY
China Mobile 5G Innovation Center Hong Kong Open Lab Grand Opening
China Mobile Hong Kong announces 5G deployment plan upon awarding the Trial Permit for 5G Test HONG KONG, March 16, 2018 /PRNewswire/ — China Mobile 5G Innovation Center Hong Kong Open Lab was officially opened…
Nike, McDonald’s jump on China mobile gaming craze to entice young consumers
Multinational companies are experimenting with new ways to grab the attention of China’s consumers and are willing to spend several million yuan to garner attention in the world’s largest market. The tool that companies such…
China Mobile : Cobham Wireless and China Mobile aim to clear Massive MIMOs testing bottleneck
China Mobile Research Institute is using Cobham Wirelesss massive MIMO (Multiple-input-Multiple-output) test solution. Cobham says this will enable the operator to take advantage of the increased capacity and improved performance of the technology, and ……
China Mobile, Ericsson Pursue Industry 4.0 IoT Opportunities
China Mobile and Ericsson have signed a strategic agreement at the recent MWC to develop Internet of Things (IoT) opportunities in industry and enterprises. The partnership will build on Ericsson’s leadership in industry solutions and…
7-Eleven is bringing facial-recognition technology pioneered China to its 11,000 stores in Thailand
7-Eleven is introducing facial-recognition and AI technology at its 11,000 stores in Thailand. The technology is commonly used in China where the government and private companies are implementing its use for everything from buying food…
U.S. tech companies win changes in bill to limit China access to technology
WASHINGTON (Reuters) – Lawmakers pushing legislation aimed at preventing China from acquiring sensitive U.S. technology have proposed relaxing elements of the measure after lobbying by high-tech firms but will tighten another portion, according to a…
China’s ZTE sharpens focus on 5G after earnings recovery in 2017
ZTE Corp, China’s largest-listed telecommunications equipment manufacturer, plans to intensify its 5G mobile development efforts after returning to profit last year. Yin Yimin, the chairman of ZTE, said in a regulatory filing late on Thursday…
China Unicom targets fast profit growth after ownership reform
HONG KONG, March 15 (Reuters) – Chinese telecom carrier China United Network Communications is targeting compounded annual profit growth of 68.7 percent through 2020, Chairman Wang Xiaochu said on Thursday. China’s second-biggest telecoms carrier by…
China Unicom net profit nearly triples
HONG KONG, March 15 (Reuters) – China Unicom (Hong Kong) Limited said on Thursday its net profit for 2017 nearly tripled on cost savings. China’s second-biggest telecoms carrier by subscriber numbers had flagged the jump…
China Unicom reveals cost optimization and investment strategy
China Unicom has reduced the number of departments at the headquarters by 33 percent. It has also slashed the number of institutions at provincial branches by 21 percent. China Unicom has withdrawn 15 percent of…
China Unicom Hong Kong : 2017 Net Profit Nearly Tripled to CNY1.83 Billion
China Unicom (Hong Kong) Ltd. (CHU) said 2017 net profit nearly tripled from a year earlier, partly due to cost controls and higher service revenue growth. The Chinese mobile operator said net profit surged to…
Tech giants rush for piece of China’s burgeoning mobile esports market
China is a country of gamers: it’s the world’s largest gaming market by revenue. And as China’s smartphone population continues to grow – it’s about double the size of the US populace – mobile esports,…
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