China Mobile Ltd. (0941.HK) said late Thursday its first-quarter net profit rose 3.7% from year earlier, partly buoyed by higher revenue from its telecommunications services with increased number of customers. The Chinese major wireless carrier…
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Data fuels China Mobile revenue to grow 3.7% in Q1 2017
Telecom operator China Mobile, which has 568 million 4G subscribers, has released its revenue performance for the first quarter of 2017. China Mobile posted operating revenue of RMB184 billion (+3.7 percent), telecom service revenue of…
Analysts Set China Unicom (Hong Kong) Limited (CHU) Target Price at $13.75
Shares of China Unicom (Hong Kong) Limited (NYSE:CHU) have received an average rating of “Hold” from the nine brokerages that are covering the stock. One research analyst has rated the stock with a sell recommendation,…
Canadian companies need to upgrade technology to compete in China, says new HSBC commissioned report
VANCOUVER, April 20 2017 /CNW/ – Canadian manufacturing industries doing business in China will need to make technological upgrading a priority if they are to keep pace with Chinese and foreign companies which are rapidly…
Baidu to share self-drive car technology
He said this could mean that Baidu’s technology will be used in millions of cars on China’s roads by 2020. However, bigger international carmakers who are already working on autonomous vehicles are unlikely to follow…
China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016
In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%. Its earnings before interest, taxes, depreciation and amortization were CNY256.7 billion, a year-on-year increase of 6.9%; and its net profit…
China urges Canada to relax curbs on high-tech exports: Xinhua
Trudeau wants to boost trade with China as a way of lessening dependence on exports … Trudeau’s Liberals allowed Hong Kong-based O-Net Technologies Group Ltd to buy a Canadian technology company, reversing a 2015 decision…
China's ZTE appoints U.S. head Cheng as new mobile business chief
HONG KONG (Reuters) – China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed…
Ex-China Unicom chairman Chang Xiaobing admits corruption
Chang Xiaobing, (pictured), former chairman of state-owned China Telecom, who went on trial today charged with taking bribes admitted his crimes, Xinhua reported. He will be sentenced at a later date. Prosecutors accused Chang of…
Business group: China backtracking on market opening
SHANGHAI (AP) — An American business group says China’s push to develop its own technology and other industries has “narrowed the space” for foreign companies to compete in its market. In a report released Tuesday,…
U.S. business group urges Washington to ‘use every arrow’ against China
Nonetheless, more vociferous complaints by American businesses mark a shift from years past, when many companies eschewed the idea of forceful action by Washington for fear of retribution by China. Foreign technology companies fear what…
China mobile network market to shrink 34% in 2016-2021
China’s RAN and packet core infrastructure market is expected to show a CAGR of -34% in 2016-2021, predicted IHS Markit this week, as the country’s mobile operators complete their huge LTE deployments… China’s RAN and…
Why China is beating the U.S. at innovation
The U.S. military developed drone technology throughout the 20th Century for reconnaissance and other purposes, adding microchips for better wireless control and longer-lasting batteries. But China’s Da-Jiang Innovations has refined the unmanned … ( read…
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