Chinese telecom operator China Mobile has finally published an official announcement, confirming that it will invest CNY39.8 billion to acquire a 20% stake in Shanghai Pudong Development Bank.
China Mobile Guangdong and SPD Bank have signed an agreement, under which China Mobile Guangdong will conditionally acquire the stake for cash consideration of CNY39.8 billion; while SPD [...]
China Mobile Confirms Acquisition Of 20% Stake In Shanghai Pudong Development Bank
12 March 2010
Amoi Reports CNY697.62 Million Net Profit For 2009
03 March 2010
Xiamen-based mobile phone manufacturer Amoi Electronics Company has published its annual financial report for 2009, stating that its net profit attributable to shareholders for 2009 was CNY697.62 million.
The report stated Amoi's operating revenue was CNY306.85 million in 2009, decreased by 82% from CNY1.68 billion in 2008; while its earnings per share were CNY1.62.
The firm said [...]
Wireless Revenue Slumps For Hurray In China
01 March 2010
Chinese wireless value-added services company Hurray Holding Company Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
Total revenues for the quarter were USD6.2 million, representing a decrease of USD0.7 million quarter-over-quarter and a decrease of USD8.2 million year-over-year. Wireless value-added services revenues were USD2.3 million, representing a [...]
Chinese TD-SCDMA Alliance Welcomes Foreign Members For The First Time
08 February 2010
During the recent "TD-SCDMA Innovation Festival", Lv Yan, CEO and president of Lenovo Mobile andmore….
China's UUCall Reopens Under Overseas Domain
08 February 2010
According to reports in local media, the domain name system of China's leading VoIP servicemore….
Coolpad Launches New 3G Mobile Phone Factory In Dongguan
03 February 2010
Chinese mobile phone manufacturer Coolpad has revealed to the local media that the first-phase projectmore….
Nokia, Pearson: Foreign Companies Running Blindly Into China's Wireless Internet Sector
01 February 2010
Just weeks after China's largest telecommunications operator halted paying firms for some wireless services, two [...]
Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China
01 February 2010
Chinese online media company Sohu.com Inc.'s revenues rose 12% year-on-year in the last quarter, according [...]
New Chinese Mobile Content Rules Will Adversely Affect KongZhong's Revenue
27 January 2010
Chinese wireless value-added services firm KongZhong Corporation has issued an update on schemes within the [...]
MIIT: China's Telecom Revenue Up 4.1% In 2009
22 January 2010
According to latest statistics provided by China's Ministry of Industry and Information Technology, in 2009, [...]
Shanghai BesTV, France Telecom Sign Strategic Agreement
20 January 2010
BesTV New Media, Shanghai Media Group's new media subsidiary, and Orange, France Telecom's mobile and [...]
Director Of Sony Ericsson China Resigns
19 January 2010
Lu Jiansheng, vice president of Sony Ericsson Group and director of Sony Ericsson China, has [...]
Taiwan To Issue Two Mobile Television Licenses This Year
15 January 2010
Taiwan plans to issue two mobile television licenses in October 2010 and the capital threshold [...]
McDonald's Will Provide Free Wireless Internet Services In China
14 January 2010
Having already fed the Chinese market for over 20 years, the international fast food giant [...]
China's Huawei To Invest USD500 Million In India Over Next Five Years
14 January 2010
Max Yang, CEO for Huawei India, is quoted by media that the company plans to [...]
Linktone Pays USD9 Million For Controlling Stake In Chinese Mobile Game Company
13 January 2010
Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire [...]
China's Huawei To Update 3G Network For Pakistani Telecom Operator
11 January 2010
Chinese telecom equipment maker Huawei has announced that it will help Pakistan Telecommunications, the largest [...]
China's Three Telecom Operators Publish 3G Results
08 January 2010
China's three major telecom operators China Mobile, China Unicom, and China Telecom have published the [...]
Guangdong To Establish Digital Publication Industry Alliance
06 January 2010
According to Su Yi, director of digital publication management department of Administration of Press and [...]
Hutchison Whampoa To Buy Out Hutchison Telecom
05 January 2010
Hutchison Telecommunications International has announced that its parent company Hutchison Whampoa, the Hong Kong-headquartered innovation [...]















