Mar 20, 2012
Ye Lingwei, GM of China Mobile's (NYSE: CHL; 0941.HK) M2M (Internet of Things) base, said recently that China Mobile had invested RMB 1 bln in the vertical service base since it was established - primarily for cloud product R&D including smart home furnishings, smart transportation products, municipal administration products, and municipal security solutions.
Jason Jiang, CEO of Chinese digital media and Internet advertising operator Focus Media (Nasdaq: FMCN), stated in the Q4 2011 earnings call that its "Q-card" discount card has more than 2.5 mln registered users, and that Focus Media will introduce the "Q-card" mobile phone client in the second half of the year.
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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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