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China Telecom Signs Purchase Orders for 67 Mln Smartphones

Sohu IT, 7/15/16

China Telecom (NYSE: CHA; 0728.HK) has signed purchase order confirmations for 67 mln smartphones worth approximately RMB 10.7 bln with a variety of sales channels, including smartphone manufacturers, chain stores, and national sales agents at the opening ceremony of the "2016 E-Surfing Smartphone Trade Fair." Read More

Qiku to Release Low-end Dazen Note 3 Smartphone

Sohu IT, 7/20/15

Qiku Internet Network Technology, a subsidiary of Coolpad E-commerce, the handset JV between Shenzhen-based smartphone maker Coolpad Group (2369.HK) and mobile services firm Qihoo 360 (NYSE: QIHU), has unveiled the Dazen Note 3 low-end smartphone. Read More

Real Estate Firm Join-In Acquires 51% Share of Handset Maker Wingtech

China Securities Journal, 4/16/15

Chinese real estate developer Join-In (600745.SH) recently announced a plan to acquire a 51% stake in Zhejiang-based handset maker Wingtech Communication for RMB 1.826 bln, to be paid through the issuance of 154 mln shares valued at RMB 11.86 per share. Read More

Rumor: Baidu to Invest USD 100 Mln in Lenovo Subsidiary ShenQi

Leiphone, 2/03/15

An industry insider has revealed that Chinese internet company Baidu (Nasdaq: BIDU) has made a strategic investment of more than USD 100 mln into online-only retailer ShenQi (also previously referred to as Fancy Maker), a subsidiary of Chinese consumer electronics manufacturer Lenovo (0992.HK). Read More

Coolpad, China Telecom Announce Security-focused Smartphone

TechWeb, 11/26/14

China Telecom (NYSE: CHA; 0728.HK) and Shenzhen-based handset maker Coolpad Group (2369.HK) have joined forces to release the "Bodun" smartphone, with a specific release date and price tag for the device yet to be announced. Read More

Rumor: China UnionPay to Launch Android NFC Payment Service

Leiphone, 11/25/14

China's cross-bank transaction processor China UnionPay is reportedly promoting a new "Android Pay" mobile payment service to Chinese Android-based smartphone manufacturers, according to industry insiders. Read More

Rumor: Coolpad to Establish JV with Handset Distributors

NetEase, 9/17/14

According to a company insider, Shenzhen-based handset maker Coolpad (2369.HK) has reached an agreement with a number of its handset distribution partners to form a RMB 1 bln joint venture focusing on the integration of smartphone manufacturing and distribution. Read More

Rumor: China Telecom to Release 4G Handsets in May

DoNews, 4/23/14

Sources close to the company have revealed that China Telecom (NYSE: CHA; 0728.HK) will release eight 4G smartphone models on May 1. Read More

MIIT: China's 4G User Base to Reach 30-50 Mln in 2014

Tencent Tech, 2/19/14

According to Wen Ku, head of the Department of Communications Development at China's Ministry of Industry and Information Technology (MIIT), commercial 4G services will reach more than 300 cities in China in 2014, with the country's 4G user base reaching from 30 mln to over 50 mln by the end of the year. Read More

Industry Association Submits Qualcomm Monopoly Report to NDRC

Economic Information Daily, 2/10/14

The Mobile China Alliance (MCA) of the China Communications Industry Association (CCIA) has submitted a report to China's National Development and Reform Commission (NDRC) detailing negative influences on China's handset industry resulting from business practices employed by US-based chipmaker Qualcomm. Read More