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China Unicom, Tencent form joint venture

China Mobile-Tencent JV had been initially approved by China’s market regulator in November 2022 Chinese internet company Tencent Holdings and China Unicom have officially formed a joint venture with a registered capital of CNY300 million ($43.4 million), Chinese press reported. The JV was initially approved by...

Alibaba misses estimates but beats EPS on tough headwinds

Alibaba's cloud business revenue rose 20% year over year for its first fiscal quarter, but dropped 66% sequentially.

Chinese telcos to launch 5G messaging service in October: report

Chinese mobile operators China Mobile, China Telecom and China Unicom are expected to roll out a nationwide 5G messaging service by the end of October, according to local press reports. The combined effort aims to challenge China’s leading app, WeChat, owned by local tech giant...

An Oracle/WalMart deal and a court injunction keep TikTok and WeChat alive for US users

A combination of a last-minute deal and a court injunction mean that bans on downloads and updates for Chinese-owned TikTok and WeChat have been averted, and the applications are still available to users in the U.S. -- at least for now. On Sunday, President Donald...

China’s showcase 5G Mawan Smart Port on track, with Huawei, Alibaba, Tencent

The Hong Kong based port and shipping conglomerate China Merchants Port (CMP) Group has said its 5G-enabled port transformation project with Huawei, Alibaba and Tencent at the Haixing (Mawan) port at the mouth of the Pearl River in Shenzhen, in China, is in test...

Shenzhen becomes first Chinese city with full 5G coverage

More than 46,000 base stations supply 5G in Shenzhen The municipal government of China’s Shenzhen announced that the city’s  5G deployment is fully completed. This makes it the first city in China to to achieve full-scale 5G deployment. The city had deployed 46,480 5G base stations, Mayor...

Semtech says LoRa devices optimize quarantine monitoring in China

  U.S. company Semtech said that several of its customers, including CIAAIoT, EasyLinkin, IOCA, RisingHF, and Winext Technology, have integrated Semtech’s LoRa devices and the LoRaWAN protocol with cloud-based platforms developed by Chinese companies Alibaba Cloud and Tencent Cloud, to deploy smarter Internet of Things...

China’s rapid rollout of 5G heightens cloud gaming competition

Chinese 5G cloud gaming is particularly tied to the mobile industry As part of the ongoing race towards 5G, China’s three state-owned wireless carriers – China Mobile, China Telecom and China Unicom – debuted 5G mobile services last week in what is being called the largest 5G...

Qualcomm, Tencent collaborate to power cloud gaming with 5G

Cloud gaming remains hindered by its dependence on reliable, fast connectivity Last week, Qualcomm Wireless Communications Technologies (China) Limited, a subsidiary of Qualcomm Incorporated, announced its cooperation with Tencent Games, China’s largest gaming company, to develop high-quality games that can be experienced by consumers across...

Chinese high-tech firms create industrial internet association: report

A group of China’s largest tech companies have formed an association with the aim of accelerating initiatives to foster the industrial internet in the country, Chinese paper China South Morning Post reported. These firms, including Huawei Technologies and internet giant Tencent, have established the...

Tencent, Siradel strike deal on design of LoRa network in Shenzhen

Chinese internet giant Tencent and Siradel, which provides advanced wireless network design and smart city planning tools, have partnered on the design of a LoRa network in key areas of Shenzhen City, in China. As part of the network design, Siradel carried out a study...

Early-stage funds dominate in Q1, with $100m+ deals and strong backing for IoT

Early-stage funds accounted for 77 per cent of the total deal volume and 26.4 per cent of the total deal value during the first quarter, with strong continuing interest in both IoT and AI, and several major deals topping £100 million. In total, 1,333 seed...

Arm, AT&T, Ericsson, HPE et al  join new Linux group to bring order to edge IoT chaos

The Linux Foundation has started a new umbrella organisation, LF Edge, to establish an open, interoperable framework for edge computing that is independent of hardware, silicon, cloud, or operating system. The launch “changes the IoT and edge computing landscape,” it said in a press note....

Logistics firm G7 claims record $320m IoT funding round, headed by TEV, Tencent

Chinese internet of things (IoT) company G7 Networks has completed a $320 million funding round, with investments from Total Energy Ventures (TEV) International, Tencent, and GLP, among others. The value of the fund-raising round set a new record in the global IoT start-up sector,...

Tencent joins LoRa Alliance following LPWAN investments

Tencent calls LoRaWAN an 'essential' IoT technology The LoRa Alliance welcomed internet valued-added services provider Tencent Holdings into its association today, receiving further backing for its LoRaWAN standard. This announcement follows Tencent's significant investment in technology and applications for LoRaWAN, with the company looking to push...

Nokia and Tencent set up China 5G lab to test IoT for transport, energy, manufacturing

Nokia and Tencent will make research into 5G-enabled internet-of-things (IoT) applications for industry verticals including transportation, energy and manufacturing a major part of their new collaboration in China, based out of a new test lab in Shenzhen. The pair said at Mobile World Congress in...

Chinese tech giant deploys Blockchain-as-a-Service with Baidu Trust

Baudi deploys new Blockchain-as-a-Service platform China’s search engine giant Baidu recently deployed a Blockchain as-a-Service (BaaS) called Baidu Trust. Blockchain refers to a technology that enables users to make transactions online. The technology consists of records called blocks, which are strung together and secured using cryptography....