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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More

MIIT: 5G Models Comprise 54% of China's Q1 2020 Network Access License Applications

CAICT, 4/27/20

In Q1 2020, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised almost 54% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More

China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019

CAICT, 11/04/19

During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

5G Handsets Comprise 8% of China's Q3 2019 Network Access License Applications

CAICT, 10/29/19

In Q3 2019, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised over 8% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More

Positioning Services Platform Qianxun's User Base Exceeds 90 Mln

STdaily, 2/08/18

Shanghai-based positioning services provider Qianxun Spatial Intelligence' location services platform has surpassed 90 mln users, announced Chinese state-owned weapons manufacturer China North Industries Group Corporation (Norinco Group). Read More

Qualcomm's X5 LTE Vehicle Communications Chip to Use Qianxun's Positioning Services

Cnsotck, 1/31/18

Shanghai-based provider of positioning services Qianxun Spatial Intelligence and international chipset giant Qualcomm have reached a strategic cooperation agreement to integrate high-precision location services into Qualcomm's Snapdragon X5 LTE automobile communications chip. Read More

Rumor: Alibaba, CNIGC Form Beidou Support Services JV

Sina Tech, 7/07/14

According to multiple industry sources, Chinese e-commerce conglomerate Alibaba Group and state-owned weapons manufacturer China North Industries Group Corporation (CNIGC) have signed an agreement to jointly establish a service company to support China's homegrown Beidou Satellite Navigation System (BDS), with registered capital of RMB 1 bln. Read More

Update: UniStrong to Invest RMB 140 Mln in Beidou Project

Shenzhen Stock Exchanges, 1/22/13

In a January 22 filing, Beijing-based satellite navigation company Beijing UniStrong Science & Technology (002383.SZ) announced that its public Beijing Beidou navigation and positioning service industry platform project had been approved by the Beijing municipal government, along with plans for a joint-venture company with RMB 300 mln in registered capital to oversee the project. Read More