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ZTE Forms Independent Terminal Subsidiary Focused on China Market

iFeng Tech, 3/22/18

Chinese telecom equipment and terminal manufacturer ZTE Corporation (0763.HK; 000063.SZ) recently announced that it has set up an independent subsidiary called ZTE Smart Terminal (ZTE Terminal China) to focus on the Chinese handset market. Read More

Xiaomi, China Telecom Ally on Smart Home, Handset Sales

Sina Tech, 5/11/17

Chinese Android device maker Xiaomi and telecom operator China Telecom (NYSE: CHA; 0728.HK) have signed a cooperation agreement that will see both companies collaborate on smart home technology, e-commerce, internet finance, and handset sales. Read More

Electronics Recycling Site Aihuishou Completes RMB 400 Mln Series D

iFeng Tech, 12/21/16

Shanghai-based Yueyi Information Technology, operator of electronic products recycling platform Aihuishou.com (literally "Love to Recycle"), has announced the completion of RMB 400 mln Series D funding in a round jointly led by Cathay Capital and Shenzhen Fortune Venture Capital, and with participation by a number of existing and new stakeholders, including Tiantu Capital, e-tailer JD.com (Nasdaq: JD), Morningside Ventures, Greenwoods Asset Management, and Shenzhen Qianhai Fund of Funds. Read More

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

Rumor: China Mobile to Shift Handset Subsidies from 3G to 4G

China Business News, 7/07/14

According to an industry insider, China Mobile (NYSE: CHL; 0941.HK) will gradually reduce its 3G mobile handset subsidies in the second half of 2014, and shift all subsidies to 4G mobile handset models. Read More

Qihoo 360, D.Phone Partner on App Store Support

Sina Tech, 6/20/14

Chinese mobile phone retailer D.Phone and internet firm Qihoo 360 (NYSE: QIHU) recently reached a strategic partnership agreement to cooperate on mobile app promotion, app store support, and product sales. Read More

Alipay, China Telecom Partner on Contract Handset Sales

DoNews, 6/12/14

China Telecom (NYSE: CHA; 0728.HK) has launched a free handset promotion in cooperation with Alibaba Group's B2C e-commerce site TMall and third-party payment processor Alipay. Read More

China Telecom 2014 4G Capex to Reach RMB 40 Bln

Sohu IT, 5/30/14

Wang Xiaochu, chairman and CEO of China Telecom (NYSE: CHA; 0728.HK), has revealed that the company's capital expenditures will total RMB 80 bln in 2014, half of which will be allocated to 4G development. Read More

Xiaomi Targets 100 Mln Handset Shipments in 2015

Leiyunwang.com, 3/30/14

Lei Jun, CEO of Beijing-based Android device maker Xiaomi, has announced that Xiaomi is targeting revenue of RMB 70 bln in 2014, and anticipates that revenue and handset shipments will reach RMB 100 bln and 100 mln units, respectively, in 2015. Read More