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China's Mobile Payments Will Reach Over CNY700 Billion By 2015

Market research firm Analysys International published its latest statistics: by 2015, China's third-party Internet payment scale will reach CNY13.920 trillion. The numbers also show the number of...

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China's Online Game Industry Sales Reached CNY60.28 Billion In 2012

China's Game Industry Annual Conference 2012 was just held in Suzhou and the comprehensive Chinese game industry report for 2012 was released during the conference. According to the report, the Chinese...

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Mofcom: China's Home Appliances Rural Project Sales Reach Nearly 80 Million...

In 2012, China's nationwide home appliances rural project subsidy scheme, excluding provinces and cities like Shandong, Henan, Sichuan, and Qingdao, achieved sales of 79.913 million units, a...

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China's 360buy.com Launches Cloud Computing R&D Center In Beijing

Chinese B2C e-commerce website 360buy.com held the opening ceremony for its Haidian cloud computing research and development base in Yiyuan Cultural and Creative Industrial Zone, Beijing. Zhao Guoqing,...

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China Mobile Sold 60 Million TD-SCDMA Devices Last Year

Wang Hengjiang, deputy general manager for China Mobile's terminal subsidiary, revealed during Qualcomm's Chinese partner summit that in 2012, the company's sales of TD-SCDMA devices were over 60...

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China Had 564 Million Netizens By End Of 2012; Fewer Using Desktop Computers...

China Internet Network Information Center recently published its 31st Internet survey report, stating that by the end of December 2012, the number of Internet users in China had reached 564 million and...

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China Unicom Books 50% Net Profit Growth In 2012

Chinese telecom operator China Unicom recently announced that the company's net profit was expected to increase by over 50% for the year of 2012. The company said that the net profit growth was mainly...

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China Mobile's Data Traffic Up 105% During Chinese New Year Holiday

During the Chinese New Year week-long holiday, the number of short messages sent via China Mobile's network saw an increase, although the growth slowed: the volume of multimedia messages and data...

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China's Broadband Fees Drop 30% As More Households Come Online

More Chinese netizens have access to faster Internet from their homes, according to latest figures. The Ministry of Industry and Information Technology of China just held a webinar in Beijing covering...

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China's Dangdang.com Shifts From Online Book Sales As Net Losses Increase

Chinese B2C e-commerce website Dangdang.com published its financial report for the fourth quarter and the entire year of 2012, stating that its total operating revenue increased by 31% year-on-year to...

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Apple's iOS Stumbles As Samsung Tops Chinese Smartphone Market

South Korea's Samsung sold 30.06 million smartphones in China in 2012, ranking first in the Chinese smartphone market for the first time. For the entire year of 2012, Samsung's smartphone sales in...

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China Mobile Net Profit Up 2.7%

Chinese telecom operator China Mobile published its annual financial report for 2012, stating that the company's operating revenue was CNY560.4 billion, a year-on-year increase of 6.1%; and its profit...

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Lenovo To Build R&D Center In Taiwan

Lenovo Group will reportedly build its corporate products research and development center in Taiwan for the first time and recruit about 50 employees, aiming to seize the server market. According to...

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China Unicom Net Profit Up 68.5%

China Unicom's annual results for 2012 showed that the company's operating revenue increased by 19% year-on-year to CNY248.93 billion in 2012; and its net profit increased by 68.5% year-on-year to...

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HP Launches Moonshot Server In China

Focused on saving energy and space, HP unveiled its latest server product Moonshot in China. Low power consumption is the highlight of Moonshot server. This is realized by adopting Intel's low-power...

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Tencent's WeChat Boasts 50 Million Registered Users

Chinese Internet company Tencent announced that its WeChat service has gained over 50 million registered users. Specially designed for overseas users, WeChat has expanded into Hong Kong, Macau,...

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China's JD.com Claims Retail Sales Of CNY100 Billion By 2015

According to Yan Xiaobing, vice president of the Chinese e-commerce website JD.com, the company aims at the retail sales of nearly CNY100 billion by the end of 2015. Based on information provided by...

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China Mobile Will Unveil Many More TD-LTE Mobile Phones This Year

Xi Guohua, chairman of China Mobile, revealed that the TD-LTE industry has matured and 11 new TD-LTE mobile phones are expected to be launched in 2013 by his company. During the CommunicAsia 2013...

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China Unicom Lowers International Roaming Fees By 47%

After China Mobile announced a decrease of its international roaming fee at the beginning of July 2013, Chinese telecom operator China Unicom now says it will lower international roaming fees in 39...

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China's Huawei Plans To Invest EUR100 Million In Romania Over Next Five Years

With security and spying concerns breathing down its neck in other parts of the world, Chinese telecom device maker Huawei plans to invest EUR100 million in Romania over the next five years. Huawei has...

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