BRUSSELS (Reuters) - The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers.
As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a framework for China to address EU concerns about subsidies to Huawei [HWT.UL], China's No. 2 telecoms equipment maker, and its smaller rival ZTE.
BEIJING (Reuters) - Quarterly revenue at China Mobile Ltd fell year-over-year for the first time since at least 2009 as China's largest telecom provider continued to stumble in the face of rising competition from popular Internet-based messaging apps.
BERLIN (Reuters) - China and the European Union aim to end a long-running telecoms row this week, the EU's trade chief said on Friday, potentially easing tensions between two of the world's top trading powers.
Reuters reported exclusively last week that Europe was close to a deal with Beijing on defusing the issue of what Brussels says are illegal subsidies to Chinese makers of equipment for mobile telecom networks.
BEIJING (Reuters) - Cisco Systems Inc will establish an $80 million joint venture with Chinese hardware manufacturer TCL Corp to invest in commercial cloud computing services, TCL said in a stock exchange filing on Thursday.
Cisco will invest $16 million in the new firm, which has not been named and is still being registered, and hold a 20 percent stake, the filing said. TCL will pay $64 million for an 80 percent share. These investments will be made over three stages, each of which will require the approval of both parties. No timeframe for the investments was given.
FRANKFURT (Reuters) - Deutsche Telekom and China Mobile will sign a deal on Friday to create a platform for so-called connected cars in China, a Deutsche Telekom spokesman said on Thursday.
The two companies will form a joint venture in which the German telecoms group will bring its technology for machine-to-machine (M2M) communications, while China Mobile will provide the network.
TIANJIN CHINA (Reuters) - The sheer size of the Chinese market is so alluring to Western companies that even pro-internet freedom firms like CloudFlare may have to put moral outrage to the side in their pursuit of new business.
San Francisco-based CloudFlare has a policy of providing cyber-defense services for all, based on a belief that the internet should be free, decentralized and open.
BEIJING (Reuters) - Consumers in China, who represent an increasingly critical pillar of Apple Inc's business, will not be able to buy the new iPhone 6 as part of the first wave of buyers around the world this month.
Although the two new smartphone models will go on sale Sept 19 in the United States and other markets, Apple is yet to set a release date for China, the world's biggest smartphone market.
Discover the value of Asia’s datacenter and Cloud assets this November
Reaching its 4th year in the region, Asia’s annual professional networking and market forum for investors in datacenter, Cloud, fiber and tech returns to Hong Kong.
FIF 14 is the only live event in Asia focused on bringing together hundreds of investors, financiers, bankers, private equity and hedge funds to meet high-growth, smart datacenter, Cloud, fiber and tech companies, service providers and enterprise users in one annual event to explore investment opportunities, assess business models and discuss the future of these highly dynamic segments of the ICT sector.
By Paul Carsten
BEIJING (Reuters) - Baidu Inc launched on Wednesday a service that helps retailers advertise on the smartphones of nearby users as China's dominant search engine company expands its location-based technology to drive growth.
Baidu currently makes most of its income from desktop-based search advertising and has lagged peers such as Tencent Holdings Ltd in capitalizing on the popularity of mobile internet in China, the world's largest market for smartphones.
BEIJING (Reuters) - China Unicom and China Telecom, the country's No.2 and No.3 mobile carriers, have received government approval to test their 4G high-speed networks in a total of 40 cities, up from 16 previously, they said on Thursday.
The Ministry of Industry and Information Technology, which allowed both mobile operators to test their new LTE hybrid network beginning in June, approved 24 additional trial cities including Beijing, Tianjin, Guangzhou, Dongguan and Xiamen.