China is trying to reduce a reliance on some $200 billion of annual semiconductor imports, which it fears undermines both national security and the development of a thriving technology sector. Overall, Beijing envisions spending about…
Tagged By mobile
Tesla could face an uphill slog in China
Foreign car companies usually avoid those costly fees by forming joint ventures with local manufacturers to build cars in China. The downside is that forces them to share profits and technology with Chinese partners, an…
Airbnb’s China head exits, a week after co-founder named unit’s chair
BEIJING (Reuters) – The head of Airbnb Inc’s China business has resigned four months after taking the role, the company confirmed on Tuesday, the latest leadership change for the unit which operates in an country…
Unicom, Alibaba to expand collaboration in cloud computing services in China
China Unicom, the world’s sixth-largest mobile network operator by number of subscribers, and e-commerce powerhouse Alibaba Group Holding plan to ramp up their collaboration in cloud computing services. The partial privatisation of Unicom’s parent ……
China Mobile Offers Deep Value, Says Daiwa
China Mobile (941.HK) shares slipped on Monday despite posting solid third quarter earnings. The Chinese telecom giant reported 4.6% year-on-year profit growth to CNY92.1 billion for the first nine months of the year, on 4.9%…
China Unicom explains how it will leverage Alibaba and Tencent
China Unicom has explained how it will leverage the capabilities of its investment partners Alibaba Group and Tencent in growing its Cloud business in China. Alibaba Cloud will open the public cloud service capability to…
China Unicom (Hong Kong) Ltd (CHU) Given Average Recommendation of “Hold” by Analysts
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: Shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) have been given an…
China’s Critical Role In Technology and Geopolitics
For some time now I have been concerned about the state of American competitiveness looking out a decade ahead. Innovation has been the lifeblood of our economic success, and nowhere has this been more apparent…
Tesla reaffirms effort to build cars in China; mum on deal report
China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in the country, the world’s largest auto market. Those are problems for Tesla,…
China Unicom forecasts profit surge
China Unicom, the country’s second largest mobile operator, issued a positive profit alert, with brisk service revenue growth and lower expenses expected to drive a 155 per cent jump in its net profit for the…
China Unicom (Hong Kong) Ltd (CHU) Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. cut its holdings in shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) by 22.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm…
China Mobile: How Did Those Earnings Turn Out?
China Mobile reported 9M 2017 earnings. Expectations were for a slowdown in profitability and elsewhere. China Mobile reported quite the opposite. A couple of days ago, I felt compelled to write an article on China…
China Mobile reports 4.6 percent rise in 9-month net profit
HONG KONG (Reuters) – China Mobile Ltd (0941.HK), the country’s largest telecom service provider, reported a 4.6 percent rise in nine-month net profit on Friday on fast mobile data growth despite an industry-wide rate cut.…
