BROWSING: China
Tencent sets up 5 billion Yuan fund for technology investments
Bloomberg | January 25, 2011 | Mark Lee
Tencent Holdings Ltd. said it has set up a 5 billion yuan ($759.3 million) fund to invest in technology firms, as China’s biggest Internet company seeks to offer a wider range of services to its users.
The fund...
IBM to build Asia’s largest cloud computing data center
International Business Times | January 25, 2011 | Gabriel Perna
International Business Machines' ever-expanding cloud computing services will continue development in Asia.
The company announced it is collaborating with Range Technology Development, out of China, to build a state of the art cloud computing data center...
LG to preinstall PapayaMobile's apps & social network on Android phones in 2011
PapayaMobile | January 26, 2011 | Press Release
PapayaMobile, a leading mobile social platform for Android, today announced that LG will preinstall Papaya applications into LG Android phones shipping in China beginning January 2011. This comes on the heels of Papaya recently releasing China-specific versions...
LG to preinstall PapayaMobile’s apps & social network on Android phones in 2011
PapayaMobile | January 26, 2011 | Press Release
PapayaMobile, a leading mobile social platform for Android, today announced that LG will preinstall Papaya applications into LG Android phones shipping in China beginning January 2011. This comes on the heels of Papaya recently releasing China-specific versions...
Complaints look set to delay 3G auction – Thailand
Bangkok Post | January 24, 2011 | Komsan Tortermvasana
TOT Plc may have to postpone its planned auction for its nationwide third-generation (3G) wireless broadband expansion in the wake of allegations by some bidders of unfair treatment and poor transparency.
Chuti Krairiksh, the Information and Communications...
Huawei sues to alter Motorola-Nokia Siemens deal
Reuters | January 24, 2011 | Sinead Carew
China's Huawei Technologies Co Ltd HWT.UL has filed a lawsuit to block Motorola from selling one of its business units to Nokia Siemens Networks, demanding that the $1.2 billion deal be altered to avoid infringing on intellectual...
Lenovo eyeing Japanese PC market
Trading Markets | January 24, 2011
BEIJING, Jan 24, 2011 (SinoCast Daily Business Beat via COMTEX) --
Lenovo Group Limited (SEHK: 0992) is eyeing the lucrative Japanese market through an investment deal. Two days ago, local media said by quoting the words of an insider of...
'Cellphone sales in China grew 57% in 2010'
Times of India | January 24, 2011
SHANGHAI: Sale of mobile phones in China showed a growth of 57 percent in 2010 due to the popularity of internet and television enabled devices, according to a survey.
More than 246 million mobile phone units were sold on...
‘Cellphone sales in China grew 57% in 2010’
Times of India | January 24, 2011
SHANGHAI: Sale of mobile phones in China showed a growth of 57 percent in 2010 due to the popularity of internet and television enabled devices, according to a survey.
More than 246 million mobile phone units were sold on...
Kunekt signs agreements to acquire two Chinese mobile phone companies
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of affordably priced,...
Kunekt signs agreements to acquire two Chinese mobile phone companies
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of...
Indian police arrest 3 Chinese telecom employees
Associated Foreign Press | January 19, 2011
LUCKNOW, India — Indian police said Wednesday they had arrested three Chinese employees of telecom group Huawei who strayed into Indian territory from Nepal.
The two men and a woman were seized on Monday in the north Indian state...
Huawei bulks up Canadian beachhead
Financial Post | January 19, 2011 | Jamie Sturgeon
MARKHAM, Ont. - When Huawei Technologies Co. was rebuffed once again by a U.S. company last fall -- at the behest of lawmakers -- it appeared the Chinese telecom network maker's North American ambitions might finally...
China Unicom 3G Users Tops 14mn
China Unicom | January 20, 2011 | Press Release
BEIJING, Jan 20, 2011 (SinoCast Daily Business Beat via COMTEX) --
China Unicom (Hong Kong) Ltd. (NYSE: CHU, SEHK: 0762, and SHSE: 600050) yesterday released the latest operational data, according to which the company's 3G users have...
Nokia's market share troubles to hit profits
Reuters | January 19, 2011 | Tarmo Virki
(Reuters) - Nokia is expected to report its third profit fall in a row as the mobile phone company struggles to compete against high-end smartphones of Apple and Samsung, while also losing share at the cheaper end...
Nokia’s market share troubles to hit profits
Reuters | January 19, 2011 | Tarmo Virki
(Reuters) - Nokia is expected to report its third profit fall in a row as the mobile phone company struggles to compete against high-end smartphones of Apple and Samsung, while also losing share at the cheaper end...
Ericsson, ZTE fuming over bid
Bangkok Post | January 20, 2011 | Suchit Leesa-Nguansuk and Komsan Tortermvasana
Ericsson of Sweden has accused TOT Plc of being unfair and non-transparent in the bidding process for its nationwide third-generation (3G) wireless broadband expansion worth nearly 20 billion baht.
The company's Stockholm headquarters warned...
Beijing tightens its control of vital minerals
New York Times | January 20, 2011 | Keith Bradsher
HONG KONG — The Chinese Ministry of Land and Resources has invoked a seldom-used law to take control of 11 rare earth mining districts in southern China, the latest sign of Beijing’s efforts to manage...
Lenovo Creates New Mobile Internet Business Group to Focus on Tablets, Smartphones and Smart TVs
Lenovo | January 18, 2011 | Press Release
BEIJING – January 18, 2011: Lenovo (HKSE: 992) (ADR: LNVGY) today announced it is establishing a new business group, the Mobile Internet and Digital Home Business Group (MIDH), responsible for creating mobile Internet-focused devices, including tablets and...
China Mobile deploys Wi-Fi hotspots to stem defections of internet addicts
Bloomberg | January 19, 2011 | Edmond Lococo
Yolkie Sun’s addiction to Facebook Inc. cost China Mobile Communications Corp. a longtime customer.
Sun, who used China Mobile for 11 years, switched to China United Network Communications Group Co., parent of China Unicom, to access the social...
KT to work with China Mobile, NTT
Korea Times | January 19, 2011 |Â Yoon Ja-young
KT, Korea’s telecommunication giant, is setting up a smart belt in Northeast Asia, lowering barriers for roaming services in the region. China Mobile and NTT Docomo, leading mobile operators from China and Japan, are joining KT...
ZTE Says U.S. Discriminates Against Chinese Telecom Equipment Suppliers
Bloomberg | January 18, 2011 | Amy Thomson
ZTE Corp., the Chinese supplier of telecommunications equipment, is being denied the American Dream in the U.S., said its top executive for the region.
“Because of miscommunications and misperceptions of politicians in the U.S., we believe that ZTE...
ChinaTel Group announces major network partnerships – Becomes largest 4G carrier in China
ChinaTel | January 18, 2011 | Press Release
US-Based ChinaTel Group (OTCBB: CHTL) is aggressively launching and expanding its international wireless broadband networks throughout China and Peru.
Up until now, ChinaTel Group has owned the exclusive rights to roll
out its WiMAX broadband networks to the 29...
Bolivian president defends satellite project
Xinhua Net News | January 13, 2011 | Xiong Tong
LA PAZ, Jan. 12 (Xinhua) -- Bolivian President Evo Morales said Wednesday that a telecommunications satellite to be built and launched by China would greatly contribute to Bolivia's development.
The two countries signed contracts in mid-December...