Unicom posts lower profit, sales

HONG KONG-State-owned China Unicom Hong Kong Ltd reported a drop in revenue and profit for 2016 due to a huge investment in 4G and broadband network infrastructure, amid fierce competition among domestic telecom heavyweights. The group said on Wednesday ... ( read original story ...)

What will die first, cash or password?

The growth in mobile payments will spur the development of China's digital verification industry. According to the latest report released by domestic consulting company iResearch, the market scale of China's third-party mobile payment more than doubled in ... ( read original story ...)

China beats India hollow in net access, smartphone ownership

Smartphone ownership in China has jumped 31 percentage points since 2013, but in India it has increased by only six points during the same time period. While virtually every Chinese person surveyed owns at least a basic mobile phone (98 per cent), only 72 ... ( read original story ...)

China outpaces India in internet access, smartphone ownership

Reported smartphone ownership in China has jumped 31 percentage points since 2013, but only 6 points in India over the same time period. And while virtually every Chinese person surveyed owns at least a basic mobile phone (98%), only 72% of Indians can say ... ( read original story ...)

China adds Pinterest to list of banned sites

China's Great Firewall is cracking down on Pinterest, the social media platform popular for letting users share, or pin, items of interest to a virtual board. For years, Pinterest has been freely accessible in China, most likely because its users typically ... ( read original story ...)

China Unicom tightens belt as profits plunge

HONG KONG -- Struggling to gain a foothold in China's fourth-generation (4G) wireless telecommunication markets, Beijing-based China Unicom reported lackluster results on Wednesday and plans to cut back outlays in preparation for its next move. The state ... ( read original story ...)

China Unicom posts 94pc slump in 2016 net profit

China Unicom, the world’s sixth-largest mobile network operator by number of subscribers, reported widely expected downbeat earnings for last year on Wednesday, as its senior management burnished investors’ hope for a turnaround this year. “The ... ( read original story ...)