China leads way in smartphone penetration and M2M connections: GSMA

LIVE FROM GSMA MOBILE WORLD CONGRESS SHANGHAI 2015: China is making waves in the mobile industry. Not only will smartphones account for two-thirds of mobile connections in the country by the end of 2015, it is also the world’s largest …

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ZTE targets top 3 smartphone spot in key markets by 2020

ZTE GLOBAL ANALYST CONFERENCE, SHANGHAI: Chinese equipment and device maker ZTE aims to become a top-three smartphone vendor in key global markets by 2020 and return to the top three in China in three years. The Shenzhen-based company is making …

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Former Tencent executives detained in bribery probe

Chinese authorities have detained six former employees of Tencent as part of a bribery investigation, the Chinese internet giant said on its Weibo microblog site. Patrick Liu Chunning, executive director of Alibaba Pictures, has been detained by authorities as part …

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China’s top taxi-booking company raises $2B

China’s Didi Kuaidi, the company behind the country’s two dominant taxi-booking apps, has raised $2 billion is its latest round of funding. Reports surfaced a month ago that the company, backed by Alibaba and Tencent, was looking to raise $1.5 …

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China Telecom aims for 95% 4G coverage by year-end

China Telecom is on track to build what it says is the world’s largest LTE-FDD network, with 460,000 base stations giving it 95 per cent population coverage by the end of the year. The country’s third largest mobile player, with …

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India to overtake US as No 2 smartphone market in 2017

India is forecast to overtake the US to become the world’s second largest smartphone market in 2017, with annual shipments jumping from 118 million this year to 174 million units. Strategy Analytics predicts that global shipments of smartphones will increase …

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Xiaomi announces Brazil launch; names new CFO

Chinese handset maker Xiaomi took its first major steps outside of Asia after announcing the launch of its smartphones in Brazil, and vowed to expand further across Latin America. Five year old Xiaomi, which was valued at $46 billion in …

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China’s 4G connections hit 201M; Unicom sees total base dip

China’s 4G user base hit 201 million at the end of May, up by 100 million from the end of 2014, according to the Ministry of Industry and Information Technology (MIIT). China Mobile added 80 million 4G connections in the …

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Huawei, Qualcomm team up with China chipmaker to form JV

Chinese telecoms equipment vendor Huawei, US chipmaker Qualcomm and Belgium’s microelectronics R&D centre imec have teamed up with China’s largest semiconductor foundry to establish a joint-venture company. The new venture – SMIC Advanced Technology Research & Development (Shanghai) Corp – …

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