M2M specialist Digi International has teamed up with networks vendor Ericsson on the installation of a power distribution monitoring system for utility provider Shandong Power.
Although the work for Shandong Power is described as a pilot project, the “strategic collaboration” between Digi (Minnetonka, MN, USA) and Ericsson (Stockholm, Sweden) marks a significant push into China’s M2M market and could lead to major opportunities in future.
China Mobile looks set to begin offering Apple’s coveted iPhone to its huge customer base, with regulatory authorities reported to have approved the introduction of the device on the network technology used by the operator.
According to a report from Dow Jones Newswires, China’s Telecom Equipment Certification Center has issued a license to Apple (Cupertino, CA, USA) for handsets engineered to work on the TD-SCDMA and TD-LTE standards being used by China Mobile (Beijing, China) to support 3G and 4G services.
Chinese equipment maker Huawei has taken out a $1.5 billion loan it says will be used for strategic expansion, particularly in Europe.
The loan is repayable over five years and includes a $750 million ‘equivalent term loan’ plus a $750 million ‘equivalent revolving credit facility’, with the facility available in both US dollars and euros but the euro tranche capped at €300 million.
China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year and foreign firms winning about a third, industry sources said.
Telecoms equipment makers, such as global leader Ericsson (Stockholm, Sweden) and Huawei Technologies Co Ltd (Shenzhen, China), have been waiting for China Mobile's (Beijing, China) 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide.
China Telecom has reported a sharp rise in earnings and revenues for the first six months of the year thanks to soaring demand for the iPhone and mobile data services.
The operator – China’s third-biggest behind China Mobile (Beijing, China) and China Unicom (Beijing, China) – saw net income increase by 15.9% for the first half, to RMB10.2 billion ($1.67 billion), compared with the same period last year, while revenues grew by 14.1%, to RMB138 billion, over the same period.
The stars may be aligning for a long-awaited deal between Apple Inc and China Mobile Ltd, the world's biggest mobile carrier, that could help the iPhone maker claw back lost ground in its most important growth market.
Apple (Cupertino, CA, USA) is expected to unveil its redesigned iPhone next month and may also release a cheaper, emerging market smartphone.
“Discuss Smart Services, New Cooperation Models, Technologies and Applications Breakthrough To Improve Automakers Telematics Values and Secure Customers”
“The 3rd Annual Telematics China Summit” to be held on 5th-6th, September 2013 Shanghai, is organized by Genesis Resourcing Consulting China; endorsed by Telematics PRO and ITS Korea; sponsored by Altran Group and Magneti Marelli Automotive Electronics (Guangzhou) Co. Ltd. Based on our previous years successful and professional organizing experiences, This event has become the most innovative and focused, high profile world famous Telematics industry event in China.
Ports-to-telecoms conglomerate Hutchison Whampoa Ltd, owned by Asia's richest man Li Ka-shing, reported on Thursday better-than-expected first-half profits, buoyed by a solid performance in European infrastructure and telecoms investments.
Li, nicknamed "Superman" by local media for his deal-making savvy, plans to exit the mature Hong Kong supermarket business to focus on investing in European infrastructure and telecom assets as global economic woes drive down prices, analysts said.
The China SDN Conference allows telecom carriers and data center network operators who recognize the importance of this exciting and transformational technology to learn more about the latest developments. Nearly 700 delegates took part in the inaugural China SDN Conference making this the best attended event of its kind in the country. This follow up event in November provides another outstanding opportunity to explore, discuss and understand more about issues dominating the agendas of network planners, engineers, developers, strategists, researchers and executives.
Huawei Technologies Co Ltd, the world's second largest telecom equipment maker, said on Wednesday it was on track to achieve 10 percent revenue growth in 2013 after posting a 10.8 percent increase in first-half sales.
Huawei (Shenzhen, China) also said it expected to generate a net profit margin of 7-8 percent in 2013, compared with about 7 percent in 2012, according to Reuters' calculations. The company did not give other figures in its brief statement.