China Business News, 5/28/08
A source in China Netcom (NYSE: CN; 0906.HK) management has revealed that in the merger between China Netcom and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), Unicom will take a leading role. Read More...
Dayoo.com, 5/28/08
China Mobile (NYSE: CHL; 0941.HK) is opening up TD-SCDMA retail channels in Beijing, Tianjin, Shanghai, Guangzhou, Shenzhen, Shenyang, Xiamen and Qinhuangdao to handset manufacturers Yulong, Samsung, LG and ZTE (0763.HK; 000063.SZ). Read More...
Shanghai Securities News, 5/28/08
An official from China's State-Owned Assets Supervision and Administration Commission (SASAC) has indicated that the overall direction for issuing 3G licenses once the telecom industry restructuring is complete has been settled, with China Mobile (NYSE: CHL; 0941.HK) operating a TD-SCDMA network, the new China Telecom (NYSE: CHA; 0728.HK) building a CDMA2000 network on the basis of its acquired CDMA business, and the new China Unicom (NYSE: CHU; 0762.HK; 600050.SH) upgrading from GSM to WCDMA. Read More...
CCID, 5/28/08
Chinese telecom equipment manufacturer Huawei has spun off its applications and software department into an independent business, named Huawei Software. Read More...
Gome Press Release, 5/27/08
Chinese home appliances retailer Gome (0493.HK) has announced its unaudited financial results for Q1 2008, with net revenues reaching RMB 12.18 bln, up 21% year-on-year. Read More...
China Computer World, 5/28/08
Li Yuanming, founder and former CEO of Chinese IT outsourcing firm Hisoft, has left his company, along with 300 employees, to establish a new company. Read More...
