Budgetary pressure and the need to speed up 5G rollout could push China Unicom into closer network-sharing partnerships with other Chinese stakeholders, the company revealed in an earnings … ( read original story …)
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China Unicom 1H profit jumps 16% on cost controls
HONG KONG (Nikkei Markets) — China Unicom reported a more than 16% rise in profit in the first half of this year on the back of cost controls that helped the state-owned telecom operator blunt…
China Unicom eyes close collaboration with other MNOs to cut the cost of 5G
China Unicom is currently looking at the possibility of entering into network sharing agreements with China Mobile and China Telecom to expedite its 5G rollout plans and dramatically reduce costs… … ( read original story…
China Unicom profit rises but ARPU takes hit
Avery Chen China Unicom (Hong Kong) (0762) yesterday reported its first-half net profit climbed 16.32 percent year-on-year to 6.88 billion yuan (HK$7.69 billion) but saw a 19 percent decline in 4G … ( read original…
China Unicom’s H1 service revenue falls 1.1%, profit jumps 16%
China Unicom (Hong Kong) posted service revenue of CNY 133 billion for the first half of 2019, which represents a decrease of 1.1 percent year-on-year. EBITDA amounted to CNY 49.5 billion, up 8.4 … (…
China Wireless Carriers Soar on Savings From 5G Cost-Share Plan
China’s big three wireless carriers soared after China Unicom (Hong Kong) Ltd. Chairman Wang Xiaochu said his company was close to an agreement to share resources for building a 5G network. Joint … ( read…
VW brand’s China sales grow for 2nd straight month
Volkswagen, the largest car brand in China, bucked the market downturn for a second month in a row, with July sales rising 2 percent to 228,000. The gains came mainly as a result of its…
Trump trade war is splitting tech manufacturers along U.S.-China lines
Even the unseasonable downpour couldn’t dampen the spirits of the executives and officials gathered on the Indonesian island of Batam to cut the ribbon on a new Pegatron Corp. factory. The men … ( read…
China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases
China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of … ( read original story …)
China says has to take countermeasures to latest U.S. tariffs
China has to take necessary countermeasures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday. The ministry also said the U.S. tariffs violate a … ( read…
ThunderChain Partners with the Naresuan University to Empower 490+ Medical Institutions with Blockchain-based Solutions
SHENZHEN, CHINA / ACCESSWIRE / August 15, 2019 / ThunderChain, China’s leading open-source blockchain platform, announced a partnership with the Naresuan University of Thailand to deploy … ( read original story …)
Hong Kong protests: Brand ‘witch hunt’ takes over Chinese internet
Global brands such as Versace, Coach, Calvin Klein, Givenchy ASICS, and Swarovski have all become tied up in controversy on the mainland this week for listing Hong Kong, Macau, and Taiwan as a … (…
How luxury brands engage customers through WeChat
China is a unique market. For luxury brands, a WeChat-focused strategy is a crucial step to gaining a foothold. While China’s social landscape is complex and highly segmented, WeChat remains the go-to … ( read…
