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 [...]
Amoi Reports CNY697.62 Million Net Profit For 2009
03 March 2010
China Telecom, Baosteel Group Sign Strategic Framework Agreement
01 March 2010
Chinese telecom operator China Telecom and the Shanghai-based steel manufacturer Baosteel Group have signed a strategic cooperation framework agreement for overall operation of a traditional communications business, 3G business, and the Internet of Things business.
This is reportedly the most important Internet of Things project ever for China Telecom.
China Telecom and Baosteel Group have maintained a [...]
Chinese Shanzhai Mobile Manufacturers Will Move Production To India
23 February 2010
China's "shanzhai" mobile phone manufacturers are planning to bring their production facilities to India to gain recognition of India's huge mobile phone market and obtain legal status for their products in India.
The word "shanzhai" or "shanzai", literally meaning "remote village" in Cantonese, has become a popular name for Chinese fakes and the slang now refers [...]
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 [...]
China's 360 To Explore Mobile Phone Security Industry
22 January 2010
Chinese Internet security software provider 360 has announced plans to acquire Msafe.com.cn, a Chinese mobile [...]
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 [...]
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 [...]
South Korea's KT To Acquire Stake In Chinese Mobile Service Provider
30 December 2009
South Korean telecom operator KT has announced plans to acquire 25% stake in Omnitel China, [...]
KongZhong Makes New Online Game Acquisition In China
16 December 2009
Just a week after announcing that its revenue would be greatly impacted by new anti-pornography [...]
Nokia To Set Up JV In Beijing
11 December 2009
International cell phone maker Nokia and Shanghai-based New Alliance have jointly announced that they will [...]
Hurray Buys Chinese Internet Video Firm Ku6.com
30 November 2009
The rumors from last week are correct: Chinese online video service Ku6.com has been purchased [...]
China Unicom, Telefonica Complete Mutual Investments
23 October 2009
According to Telefonica, the leading telecommunications operator in the Spanish- and Portuguese-speaking world, the company has completed its stock swap with the Chinese telecom operator China Unicom.
Under the agreement signed by Chang Xiaobing, chairman of China Unicom, and Cesar Alierta, chairman of Telefonica, in Beijing at the beginning of September 2009, the two parties agreed [...]
HCPT Signs USD422.2 Million Contract With Huawei
17 September 2009
PT Hutchison CP Telecommunications, a subsidiary of Hutchison Telecommunications International Limited, has signed a USD422.2 million contract with the Chinese telecom equipment manufacturer Huawei to expand its network in Indonesia.
According to the report published by HTIL, the company plans to buy equipment and infrastructure valued at USD307.2 million from Huawei before January 1, 2011, and [...]
China Mobile Guangxi Releases Corporate Social Responsibility Report
11 September 2009
China Mobile Guangxi, a subsidiary of China Mobile, has just released a corporate social responsibility report.
Different from the CSR reports of others which are usually released annually, China Mobile Guangxi's report is the first one that covers a total period of ten years (1999-2009). Obviously the company believes that it is better late than never [...]
China Unicom Inks Broad Investment Deal With Telefonica
07 September 2009
China Unicom and Telefonica have agreed both to cooperate in various business areas such as joint acquisitions and to push forward a share swap.
Both parties have entered into a subscription agreement in which China Unicom and Telefonica agreed to invest the equivalent of USD1 billion in the other party through the acquisition of each party's [...]
China Mobile Helps HNA Group With Aviation Information Technology
03 September 2009
Chinese travel company HNA Group has signed a strategic cooperation agreement with China Mobile Communications Corporation in Beijing for working on aviation information technology, corporate information application programs and communication outreach services.
China Mobile will provide communication resource services to HNA to improve the group's information application level. Taking advantage of HNA's achievements in tourism, logistics [...]
China Unicom To Invest CNY15 Billion In Hubei In Next Five Years
26 August 2009
Chinese telecom operator China Unicom has signed a strategic framework agreement with the provincial government of Hubei to improve the information level and to boost the electronic information industry of the province.
Li Xiansheng, executive deputy director of Hubei, said at the signing ceremony that information technology is an important driving force for the development of [...]
China Telecom Signs Five-year Strategic Agreement With CASC
25 August 2009
Chinese telecom operator China Telecom has signed a strategic framework agreement with China Aerospace Science and Technology Corporation in Beijing to cooperate in satellite communication and GPS sectors.
This is the first time for China Telecom and CASC, the two companies that took over China Satellite Communications Corporation's businesses on its separation, to reach strategic cooperation. [...]
China Telecom Will Upgrade Yangtze River Delta Backbone Network With Ericsson
14 August 2009
Ericsson has gained a contract from China Telecom to upgrade the operator's backbone network in the Yangtze River Delta area with its 40 Gbps DWDM optical transmission solution.
Under the contract, Ericsson will use its 40 Gbps DWDM solution, the MHL 3000 series, to upgrade China Telecom's 10G DWDM network connecting Yangtze River Delta cities such [...]















