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Xiaomi-backed Smart Kitchen Appliance Maker Chunmi Wins RMB 9-digit Series C+
iHeima, 9/25/18
Shanghai-based smart kitchen appliance maker Chunmi Electronic Technology today announced the completion of Series C+ funding jointly from NGP Capital and Yingke Innovation Asset Management. Read More
Rumor: ZTE, Huawei Take 60% of China Telecom 4G Equipment Tender
Tencent Tech, 10/09/13
An industry source has revealed the results of China Telecom's (NYSE: CHA; 0728.HK) 4G network equipment tender, with 8 suppliers among a total of 10 applicants receiving contracts. Read More
Alibaba Acquires NGP, Morningstar Shares in UCWeb
National Business Daily, 8/26/13
Yu Yongfu, Chairman and CEO of Chinese third-party mobile browser developer UCWeb, stated during an interview with the National Business Daily that both Nokia Growth Partners and Morningside Ventures withdrew their investments in UCWeb as part of e-commerce conglomerate Alibaba Group's shareholding increase during UCWeb's most recent round of funding. Read More
Rumor: Huawei, ZTE Take 52% of China Mobile 4G BTS Contracts
C114, 8/22/13
According to an industry source, China Mobile (NYSE: CHL; 0941.HK) has concluded its 2013 TD-LTE base station tender, awarding contracts to 9 telecom equipment suppliers. Read More
Huawei Favors New Construction Rather than Upgrade for TD-LTE
Century Weekly, 7/22/13
Ryan Ding, CEO of Chinese telecom equipment and terminal manufacturer Huawei's Carrier Network Business Group, revealed in a recent interview that Huawei believes construction of a new TD-LTE network, as opposed to upgrading existing operator 3G networks, is the best option for China Mobile's (NYSE: CHL; 0941.HK) TD-LTE network moving forward. Read More
CNNIC: China's Smartphone Mobile Internet Users Reach 330 Mln
CNNIC, 5/22/13
According to a recent report from the China Internet Network Information Center (CNNIC), China had 330 mln smartphone-based mobile internet users as of the end of February 2013, up by 140 mln from December 2011, accounting for 79% of China's mobile internet users. Read More
Rumor: China Mobile to Tender for TD-LTE Equipment in May
C114, 4/19/13
An industry source revealed today that China Mobile (NYSE: CHL; 0941.HK) will launch its tender for expanded 2013 TD-LTE trials next week. Read More
iQiyi, Qualcomm Release Handset Chip
DoNews, 1/24/13
Yesterday, US handset chipmaker Qualcomm and Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary, iQiyi, announced the release of a new video-playback-optimized Qualcomm handset chip, the Snapdragon MSM8x25Q. Read More
360Buy to Purchase RMB 2 Bln in Nokia Terminals in 2013
Sohu IT, 12/20/12
Beijing-based B2C e-commerce platform 360Buy today announced a strategic partnership with Nokia, agreeing to procure RMB 2 bln in Nokia terminals in 2013. Read More
Rumor: Qihoo 360, Nokia to Launch Smartphone
TechWeb, 12/07/12
Chinese online security software developer Qihoo 360 (NYSE: QIHU) and Finnish handset maker Nokia plan to develop a custom-branded handset, according to an industry insider. Read More
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