China has overtaken Europe by building hundreds of thousands of masts to carry superfast 4G mobile signals. The FT reports.» Read More
The stars may finally be aligning for a long-awaited deal between Apple and China Mobile that could help the iPhone maker claw back lost ground in its most important growth markets.
China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.
Asian shares ended mixed on Friday, dragged lower by a drop in regional technology stocks, although gains in Australia and Japan contained overall losses for equities.
Apple's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua to discuss "matters of cooperation," a China Mobile spokesman said.
Apple's Chief Executive Tim Cook is meeting with partners and government officials in China on his second visit in less than a year.
Apple has sold more than two million iPhone 5 smartphones in China in the first weekend since the phone's launch on Friday.
Apple launched its iPhone 5 in China, even as its ranking in the world's largest smartphone market has slipped in the face of competition from cheaper rivals.
Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor sentiment.
Apple's iPhone 5 will be available for sale in China on Dec. 14.
Cynthia Meng, MD, HK/China TMT Equity Research at Jefferies HK says the increasing popularity of low- to mid-end smartphones has hurt profits of major Chinese telecom operators and handset providers.
Michael Meng, Head of Equity Research Hong Kong at BOCI Research says China Mobile suffers from structural problems and is cautious on its stock. He gives his target price for the company, and explains his buy calls on China Telecom and China Unicom.
China Unicom almost never shows up on OptionMonster’s screening systems, but yesterday the name lit up early with bullish activity.
Cynthia Meng, Managing Director and China/HK TMT Equity Research, Jefferies Hong Kong says Baidu will continue to command the lion's share of the Chinese internet search market, with Google China coming in a distant second.
China Telecom has signed a deal with Apple to sell iPhones in China, a move expected to boost sales for the U.S. company in a market where it has been struggling in recent months.
Morgan Stanley is getting bullish on Apple's prospects in China, seeing strong sales for the iPhone in 2012. The Fast Money crew has the play on Apple and the tech giant's suppliers.
Sachin Gupta, Regional Head of Telecommunication Research, Nomura is relatively cautious on Asian telcos in 2012 but his top picks are AIS, China Unicom, DiGi, LGU , M1 and ZTE.
Anand Ramachandran, Head of Telecoms, Internet & Media Sectors, Asia Ex-Japan Research at Barclays Capital explains why he prefers China Unicom and China Telecom to China Mobile.
While Europeans and Americans traveling abroad still face steep roaming charges, travelers from mainland China can call home for as little as it costs to make a local call in that market. The NYT reports.
With pre-orders of the iPhone 4 having overwhelmed retailers, the traders trade Apple.
Apple is missing a huge opportunity in the Chinese market, according to Liu Chuanzhi, the head of Lenovo, the country’s leading PC maker, the F inancial Times reports.