Most Asian equities traded higher on the last trading day of the week, taking cues from a firm finish on Wall Street overnight.» Read More
BEIJING— China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Thursday its first-half profit fell 8.5 percent as the company rolled out fourth-generation service. China Mobile, one of China's three major state-owned phone carriers, earned 57.7 billion yuan in the six months ending June 30.
HONG KONG— State-owned phone company China Unicom said Thursday its first-half profit jumped on higher mobile data revenue and lower fees to connect to a rival's network. Unicom is China's second-largest wireless carrier by subscribers, which rose by 14 million to 295 million during the first half.
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China will overtake the U.S. as the world's largest mobile phone market this year for the first-time ever, according to research out on Wednesday.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Indonesia last month kick-started the process of terminating all of its bilateral treaties by notifying the Netherlands that its agreement to protect and promote investment would end in 2015, and signalling that the others would end as soon as possible.
With grim headlines from Ukraine and China, a bad week for major global indexes is coming to an end.
SAN FRANCISCO, March 4- Steve Mollenkopf, the new chief executive of Qualcomm, said on Tuesday that the mobile chipmaker is developing technologies that will drive continued demand for smartphones even as others worry that the smartphone market's best days are behind it. He was named in December to replace Paul James, the son of a Qualcomm co-founder.
No one knows what will ultimately deter Vladimir Putin, but a resolution may hinge on the fact that he's not presiding over a healthy economy.
BEIJING, March 4- China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatisation of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliament session, officials and experts said.
China has overtaken Europe by building hundreds of thousands of masts to carry superfast 4G mobile signals. The FT reports.
From Qualcomm and Intel to MediaTek, Marvell and Broadcom, the suppliers of the crucial components that power smartphone applications and drive high-speed wireless connections are scrambling to capitalize on opportunities taking shape as Chinese brands and telecoms carriers such as China Mobile gear up for 4 G LTE, or Long-Term Evolution.
China's domestic 4G smartphone market is set for 1,500 percent growth in shipments this year, according to IHS Technology.
Investors should have a better sense of where Apple's stock will head after it reports earnings on Monday. Josh Lipton previews the results.
Weixin is China's killer app, a highly addictive social networking tool. In the United States, a similar version is known as WeChat. The NYT reports.
Will iPhone sales in China likely give Apple a boost? Ina Fried, Re/code senior editor, weighs in. The iPhone is still very expensive, Fried points out.
Apple is launching the iPhone 5S and cheaper 5C in China today. "We have long waited for this day to come," says Apple CEO Tim Cook. CNBC's Eunice Yoon reports.
Some of the names on the move ahead of the open.
CNBC's Eunice Yoon reports Apple's iPhones go on sale through China Mobile today as customer rush to buy the smartphone.
Tucker Grinnan, head of regional telecommunications research at HSBC, says the deal with Appple will "hurt" China Mobile's profit, mainly because of the "subsidy issue."