With a total investment of CNY4 billion, China Mobile's new call center in Luoyang, Henan province, has been formally launched. The new call center is reportedly the largest of its kind in the world. It marks China Mobile's new move to realize integrated management of call centers, which were divided by administrative regions in the [...]

Taiwanese smartphone maker HTC has published its financial report for the fourth quarter of 2011, stating that its net profit decreased by 25.5% year-over-year during the reporting period. This is reportedly the first time for HTC to see profit down over the last two years. According to the report, due to the competition from Apple's [...]

Aiming to improve business efficiency and reduce costs, the Finnish communications corporation Nokia will relocate its Asia Pacific headquarters from Singapore to Beijing. A Nokia spokesperson previously said in an email to media that the headquarters relocation is expected to make Nokia's operation adapt to the business environment, so as to improve their competitiveness in [...]

Foxconn, the original equipment manufacturer for Apple products, is reportedly expanding its manufacturing capacity in 2012, aiming to increase production for iPhones and iPads to meet the ever-growing market demand. According to reports in Chinese local media, Foxconn is cooperating with the municipal government of Zhengzhou, capital of Henan province, to double the number of [...]

Chinese telecom operator China Mobile plans to invest USD1.5 billion in CMPak, its wholly-owned subsidiary in Pakistan, over the next four years. Fan Yunjun, chief executive officer of CMPak, revealed the news over a talk with Pakistani Prime Minister Yusuf Raza Gilani. Fan said that China Mobile hopes to enlarge its 3G market share in [...]

Chinese telecom equipment maker Huawei has announced plans to invest up to USD150 million in India in 2012 to promote its business growth. Sures Vaidyanathan, Huawei's spokesperson in India, told local media that Huawei is committed to the long-term development in India, and it will accelerate the development of enterprise business, terminal business, 2G capacity [...]

Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013. According to reports in Finnish publication Tekniikka & Talous, Peter Vesterbacka, chief marketing officer of Rovio, revealed that Rovio hopes to become a media company with market value similar with Disney, whose market value is about USD65.3 [...]

Research In Motion, the Canadian smartphone maker known for its BlackBerry brand, announced that Alex Lambeek will become its new president for the China region. Prior to this, rumors were swirling that RIM would soon make adjustments to its Chinese market strategy. With this news, Gregory Shea, former president for RIM China, will become an [...]

U.S.-based United Against Nuclear Iran has applauded China's Huawei for ending its bid to seek new business in Iran. Ambassador Mark D. Wallace, president of United Against Nuclear Iran, stated, "We applaud Huawei for taking an important first step in pulling back from its business in Iran, and we thank Huawei for its cooperation and [...]

China Telecom has published its financial report for the first three quarters of 2011, stating that from January to September, its operating revenue reached CNY182.357 billion, a year-on-year increase of 11.8%. The company's net profit reached CNY13.859 billion, a year-on-year increase of 10.1%. The report said that during the first three quarters of 2011, the [...]

The Ministry of Industry and Information Technology of China has published a report on the telecom service quality in China for the third quarter of 2011, stating that 17,099 telecom service complaints were received during the reporting period, an increase of 13.8% compared with the previous quarter. By complaint rate of users, China Unicom was [...]

Chinese telecom operator China Mobile has announced that it has decided to establish its largest call center, which will have 20,000 seats, in Huaian, Jiangsu province. With an investment of over CNY2 billion, the first phase project of the call center will start construction before the end of the year and will initially provide 10,000 [...]

Chinese online media and entertainment company Sohu.com Inc. announced record total revenues of USD233 million, up 42% year-over-year and 17% quarter-over-quarter, as it reported its unaudited financial results for the third quarter ended September 30, 2011. Total online advertising revenues which include revenues from brand advertising and its search engine Sogou.com business were USD95 million, [...]

Proving that fairness ends at the Great Firewall, Chinese video website Tudou.com announced that it has reached agreement with China Telecom to increase the video upload speed on Tudou.com for users in Shanghai. According to local media reports, Tudou.com said with the cooperation, China Telecom's fiber network users in Shanghai will enjoy about 4 Mb/S [...]

China Telecom and France Telecom-Orange have signed in Beijing a strategic partnership framework agreement which aims to improve the two parties' service capacity in the global market. With the signing of the agreement, China Telecom and France Telecom-Orange will both play their advantages in the network and service sectors to further improve China Telecom's influence [...]

Chinese telecom group China Mobile has announced the formal establishment of its board of directors, and Wang Jianzhou, chairman of China Mobile, signed services contracts with five outside directors. The board of directors of China Mobile is formed by nine members, including chairman Wang Jianzhou; deputy chairman and party secretary Xi Guohua; director and general [...]

Chinese telecom equipment maker Huawei and Deutsche Telekom have signed a strategic cooperation memorandum of understanding to jointly expand services within the enterprise business market. This move marks Huawei's further step of its expansion into the high-end market in Europe. Under the framework agreement signed between the two parties, Huawei and Deutsche Telekom will implement [...]

Chinese telecom operator China Telecom has published its financial report for the first half of 2011, stating that its operating revenue reached CNY120.208 billion and its net profit reached CNY9.808 billion during the first six months of the year. From January to June 2011, China Telecom gained 17.85 million new CDMA 3G users, reaching a [...]

Chinese Internet company Tencent has announced at its e-commerce annual meeting that the company plans to launch a B2B2C platform in the fourth quarter of 2011. The new platform is currently under development. It will adopt a new brand logo and will be operated synchronously with Tencent's existing C2C website, Paipai.com. Wu Xiaoguang, senior executive [...]

Chinese telecom operator China Mobile has published its semi-annual results ended June 30, 2011, stating that its profit attributable to shareholders reached CNY61.3 billion, a year-over-year increase of 6.3%; and its net profit rate reached 24.5%. China Mobile said that during the first half of 2011, its operating revenue was CNY250.1 billion, increasing by 8.8% [...]