Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Monday, October 14, 2019

China Mobile's CEO announces resignation

Mr. Li Yue resigned from his positions as CEO and Executive Director of China Mobile, the world's largest mobile operator.

In a press statement, China Mobile said there "no disagreement with the Board and there is no matter
relating to his resignation that needs to be brought to the attention of the shareholders of the
Company."

A replacement has not yet been named.


China Mobile's customer growth rate slows to 3.2% as ARPU declines

China Mobile was serving 935 million mobile lines as of 30-June-2019, up 3.2% from 906 million a year earlier. Of these, 734 million lines were served on the 4G network, up 8.4% compared to mid-2018.

China Mobile reported a 10.1% decline in Mobile ARPU to RMB 52.2 (US$7.40) from RMB 58.1 (US$8.24) a year earlier.

In the first half of 2019, China Mobile recorded operating revenue of RMB 389.4 billion (US$55.24 billion), which represented a decrease of 0.6% compared with the same period last year. Of this, revenue from telecommunications services accounted for RMB351.4 billion, down by 1.3% year-on- year.

Nevertheless, China Mobile's EBITDA improved to RMB151.1 billion, up by 3.6% compared with the first half of 2018. This represents an EBITDA margin of 38.8%, or an increase of 1.6 percentage points year-on-year.

Capital expenditure for the first half of 2019 was RMB 85.2 billion (US$12.08 billion).

Mr. Yang Jie, Chairman of China Mobile, commented, "In the first half of 2019, we witnessed ever-intensifying competition within the telecommunications industry and from cross-sector players. When this is combined with the continued implementation of the national policy on "speed upgrade and tariff reduction", the operating environment has become more complex and is full of uncertainty. Faced with these challenges, we have introduced timely and measured adjustments to our operations. While adhering to the "Big Connectivity" strategy and advancing the integrated development of the "four growth engines" (personal mobile, household, corporate and emerging businesses), we have maintained a clear focus on high-quality development, supported by solid progress in our business transformation and upgrade. In addition, we have stepped up reforms and innovation, laid out plans for 5G development and introduced measures to further reduce costs and increase operating efficiency."

Additional notes:

In June 2019, China Mobile was granted a 5G commercial licence. The company says economic and social development in China is creating an immediate demand for 5G, "presenting opportunities for the transformation and development of the information and communications industry like never before. "

Thursday, October 10, 2019

ZTE and China Telecom employ 5G slicing for intelligent manufacturing

ZTE, in collaboration with the Zhejiang Branch of China Telecom, assisted Bluetron in commissioning China's first 5G SA (Standalone) site, which put 5G slicing, edge computing and smart manufacturing into trial to help Bluetron build a new 5G smart factory.

The deployment leveraged an integrated solution of 5G slicing, edge computing, and intelligent manufacturing.

ZTE said this enables machine vision slicing and fast backhaul of video streams employing key technologies such as, slicing stores, wireless slicing perception, end-to-end slicing security isolation, dynamic slice migration, UPF moving to edge, and UPF offloading. These slices can reduce the latency, jitter, and packet loss rate of video data transmission, guarantee the bandwidth and quality of video transmission and improve the accuracy and real-time performance of video analysis results.

"Committed to continuous technological innovation, ZTE works with operators and industry partners to explore the cooperation mode of the edge cloud and build an edge ecosystem together to comprehensively promote the commercial use of  the MEC edge cloud and jointly promote the flourishing of 5G edge services," said Chen Xinyu, General Manager of ZTE Telecom Cloud & Core Network Product Line.

Monday, September 9, 2019

China Telecom and China Unicom reach 5G sharing deal in 15 cities

China Telecom and China Unicom announced a "co-build, co-share" framework agreement aimed at cutting costs and speeding deployment. The sharing is limited to the access network and 5G spectrum resources. Each company will build and operate their own 5G core network.

The agreement, which covers 15 cities, is based on network construction and operation responsibilities in specific geographies. In the northern cities of Beijing, Tianjin, Zhengzhou, Qingdao and Shijiazhuang, the ratio of construction districts handled by China Unicom to China Telecom will be 6:4. In Shanghai and 9 other southern cities (Chongqing, Guangzhou, Shenzhen, Hangzhou, Nanjing, Suzhou, Changsha, Wuhan, and Chengdu), the ratio of construction districts handled by China Unicom to China Telecom will be 4:6.

China Unicom and China Telecom will maintain their separate ownership structures. The company will continue competing under their existing brands.

http://www.chinaunicom.com/news/201909/1568027178888010079.html

Wednesday, June 26, 2019

Huawei confirms 50 commercial 5G contracts

Speaking at MWC Shanghai 2019, Huawei Deputy Chairman Ken Hu said the company has now signed 50 commercial contracts for 5G around the world and shipped 150,000 5G base stations.

Hu said Huawei's lead in 5G is due to the following:

  • Early development of 5G beginning in 2009.
  • Heavy investment in 5G with over US$4 billion in R&D to date.
  • Commitment to standards development and basic research in chips, materials, and algorithms. Huawei holds more than 2,500 standard essential patents for 5G, which is roughly 20% of all 5G patents in the world. 

Hu also talked about 5G rollout in China, where the government issued 5G licenses on June 6th.

Sunday, June 23, 2019

WSJ: U.S. government assesses 5G supply chain

As part of a deep150-day review of the 5G supply chain, the U.S. government is considering regulations to require all 5G equipment to be designed and manufactured outside of China, according to The Wall Street Journal. The article says the proposed regulations, which are in an early stage of discussion, could lead Nokia and Ericsson to move operations out of China for systems destined for the U.S.

The Trump administration has already banned Huawei from the U.S. market and prohibited suppliers from selling U.S. origin technology to the firm.

https://www.wsj.com/articles/u-s-considers-requiring-5g-equipment-for-domestic-use-be-made-outside-china-11561313072





Wednesday, June 5, 2019

China issues four commercial 5G licences

China's Ministry of Industry and Information Technology (MIIT) issued commercial 5G licenses to China Mobile, China Unicom, and China Telecom, and China Broadcasting Network.


http://www.miit.gov.cn/

Monday, April 22, 2019

Photronics opens manufacturing facilities in China

Photronics announced the grand opening of two new manufacturing facilities in China to engage in research and development, manufacture and sale of photomasks, becoming a critical local supplier to the China integrated circuit (IC) and flat panel display (FPD) industries.

The new IC manufacturing facility in Xiamen, China is the result of a $160 million investment agreement with The Administrative Committee of Xiamen Torch Hi-Tech Industrial Development Zone (Xiamen Torch), a national-level hi-tech zone in China, announced in August 2016. The facility will support semiconductor manufacturing for a wide range of technologies and nodes in both logic and memory. Plans are for initial production to ramp quickly at 40nm and 28nm nodes, with process introduction leading to 14nm and beyond nodes shortly thereafter.

The facility in Hefei is wholly owned and focused on the FPD industry. Created under a $160 million investment agreement formed in August 2017 with the Hefei State High-tech Industry Development Zone (High-tech Zone), a national-level high-tech zone in China, to establish a manufacturing facility in Hefei, China, the factory is equipped to support Generation 10.5+ (G10.5+) substrate production. With this investment, Photronics is the first producer of G10.5+ photomasks in China, with more capacity than any other competitor. The cleanroom is fully automated, and the facility will employ approximately 70 people in manufacturing and supporting functions.

“I am extremely pleased to celebrate this milestone, opening two new state-of-the-art facilities in China to support our customers’ operations with locally sourced photomasks,” said Peter Kirlin, chief executive officer. “A tremendous amount of hard work and dedication have contributed to this achievement. The teams in Xiamen and Hefei have gone above and beyond, ensuring that we reach this goal. In addition, the support we have received from local authorities and investment agreement partners has been remarkable. We are proud to play a part in the development of these industries in China, and look forward to future growth opportunities. With the opening of these facilities, which are among the most advanced sites in our global network, we are the well on our way to extending our leadership position in the merchant mask market.”

Tuesday, March 19, 2019

GSMA: China’s mobile ecosystem equivalent to 5.5% of China’s GDP

China’s mobile ecosystem added RMB5.2 trillion ($750 billion) in value to the country’s economy last year, equivalent to 5.5 percent of China’s GDP in 20181, according to a new GSMA report.

Highlights:

  • China is the largest mobile market in the world, home to almost 1.2 billion unique mobile subscribers2 at the end of 2018, representing 82 percent of the country’s population;
  • More than two thirds (69 percent) of mobile connections in China3 are smartphones, with smartphone adoption expected to reach 88 percent of connections by 2025;
  • 77 percent of China’s connections are currently running on 4G networks – 4G adoption will peak in the coming years before falling as consumers migrate to next-generation mobile services;
  • China is set to become one of the world’s leading 5G markets with 460 million 5G connections forecast by 2025, which would account for 28 percent of China’s total connections by this point;
  • The RMB5.2 trillion ($750 billion) economic contribution by China’s mobile ecosystem in 2018 is forecast to grow to RMB6 trillion ($870 billion) by 2023;
  • China’s mobile ecosystem, directly and indirectly, supported 8.5 million jobs in 2018 and made a tax contribution to the public finances of government of RMB583 billion ($84 billion).
  • The number of licensed cellular IoT connections in China stood at 672 million at the end of 2018, supporting various industrial and smart cities applications.

The new report ‘The Mobile Economy China 2019’ is authored by GSMA Intelligence, the research arm of the GSMA.

“Our new report outlines how China’s mobile industry has been a key driver of economic growth, inclusion and modernisation – creating a new generation of digital consumers and transforming industry and society,” said Mats Granryd, Director General of the GSMA. “After spending billions over the last decade deploying 4G networks to all corners of the country, Chinese mobile operators are now set to invest a further RMB401 billion ($58 billion) over the next two years to prepare for and begin 5G rollouts, laying the groundwork for China to become one of the world’s leading 5G markets.”



https://www.gsma.com/r/mobileeconomy/china/

Thursday, March 7, 2019

Sicoya to build silicon photonics packaging factory in China

Sicoya GmbH, which specializes in monolithically integrated Silicon Photonics, announces the build of a new factory in Tianjin, China focusing on assembly and test of optical transceivers and engines.

The factory installation includes anti-vibration foundations and clean room facilities that will allow the factory to perform CMOS wafer level post-processing steps and downstream packaging processes.

Sicoya says the facility will serve the Chinese market and will manufacture transceivers and engines for the 5G wireless fronthaul and 100G/400G Ethernet-based datacenter application utilizing Sicoya's monolithically integrated Silicon Photonics chips.

"The Chinese Market is very important for Sicoya and customers require local manufacturing and services at scale," said Dr. Sven Otte, CEO of Sicoya.

International customers in the US or Europe will be served out of both the factory in Tianjin and complementary out of the factory in Berlin, Germany.

"We need to stay flexible with respect to the installed capacity of the two factories," said Peter Neumann VP of Operations at Sicoya. "In the past the industry tended to consolidate operations in one place to gain scale and utilization of overhead cost but today staying flexible and being able to react quickly to changes in the political environment becomes a key asset that customers appreciate," he continuous.

http://www.sicoya.com

Tuesday, January 29, 2019

BT receives IP-VPN and ISP licenses in China

BT has received nationwide licences from the China Ministry of Industry and Information Technology.

Specifically, the two ‘value added licences’, China nationwide Domestic IP-VPN licence and China nationwide Internet Service Provider (ISP) licence, enable BT China Communications Limited to contract directly with its customers in the country and bill them in local currency.

BT said the licences represent a major step for its business in China, where many of its multinational customers require secure and reliable connectivity to expand within the country.

Bas Burger, CEO of Global Services, BT, said: “We are delighted with this major benefit for our customers. Thanks to cooperation between the governments of the PRC and the UK, we are now able to offer a nationwide service in China that can be scaled up to match the ambitions and needs of our customers. Being able to service and bill locally significantly simplifies the process of delivering connectivity and other communication services. It is what our customers expect from us and we are very grateful for the opportunity to do this as of today.”

International Trade Secretary, Dr Liam Fox MP said: "I am very pleased that close cooperation between the UK and Chinese governments has resulted in BT securing these licences which will enable it to operate across the country. This major milestone exemplifies the vital work of my international economic department to open up markets and ensure that UK firms are represented on the global stage."

Monday, January 21, 2019

Chayora advances its data center plans in China

Chayora, Hong Kong-based data centre infrastructure company, entered into a strategic partnership with Beijing Sinnet Technology to deliver bespoke network solutions and cloud services solutions for Chayora customers. In addition, Sinnet also plans to use the Chayora 300 MW hyperscale campus as a location for its retail colocation expansion in Beichen, northern Tianjin supporting the wider Beijing region.

Sinnet is the largest private retail and wholesale colocation operator in the Beijing / Hebei / Tianjin tri- province and as a network integrator and cloud licence holder will enable Chayora to provide a much wider range of services to international cloud, technology and colocation companies seeking scalable, high performance and world-class data centre solutions in China.

Mr Yang Yuhang, CEO of Beijing Sinnet Technology Co. Ltd commented: “We are very excited by the potential for our collaboration with Chayora. Sinnet in collaboration with Chayora will immediately be able to offer retail colocation services to data centre users seeking international standard facilities within the wider Beijing region taking advantage of the key benefits of Tianjin. Sinnet will also deliver high bandwidth, economically advantageous network solutions between Chayora’s Tianjin campus and Sinnet’s Jiuxianqiao Beijing hub location and other locations to satisfy the requirements of hyperscale cloud customers.”

Mr Oliver Jones, CEO of Chayora Holdings Limited said: “Through our new strategic partnership with Sinnet, we plan to collaborate initially in Tianjin to serve the greater Beijing area in order to fulfil the needs of a series of specific international and premium domestic high growth, hyperscale data centre users requiring world-class standards, high quality network connectivity and scalable power in the greater Beijing area. Being able to extend our service scope into both retail colocation services and provide cloud licence services with Sinnet is an important step in Chayora enabling access for international cloud, technology and colocation companies to China as the world’s largest online market.”


Monday, December 10, 2018

China issues 5G trial licenses in 2600, 3500 and 4900 MHz bands

China's Ministry of Industry and Information Technology issued trial 5G licenses to China Telecom, China Mobile and China Unicom.

  • China Telecom and China Unicom obtained trial licenses for the 3500MHz band, 
  • China Mobile obtained trial licenses for the 2600MHz and 4900MHz bands. 


The Ministry of Industry and Information Technology said the operators should now conduct base station 5G system tests, and carry out interference coordination work between 5G system base stations and other radio stations in the same frequency band, adjacent band satellite earth stations, etc.

Wednesday, December 5, 2018

Huawei's CFO is arrested in Canada, U.S. seeks extradition

Meng Wanzhou, the chief financial officer and deputy chairwoman of Huawei, was arrested in Vancouver, Canada on December 1st at the request of the U.S. government, which is seeking her extradition, according to multiple news sources. U.S. authorities reportedly are investigating violations of economic sanctions on Iran.

Meng Wanzhou (Sabrina Weng) is the daughter of Huawei founder Ren Zhengfei.


  • A biography on Huawei's website says Meng Wanzhou joined the company in 1993 and has previously held the positions of Director of the International Accounting Dept, CFO of Huawei Hong Kong, and President of the Accounting Mgmt Dept. She is credited with the founding of five shared service centers around the world, the completion of Huawei's Global Payment Center in Shenzhen, leading an eight-year partnership with IBM focused on Integrated Financial Services.



Monday, November 12, 2018

Keysight validates Over-the-Air test method for 5G Base Stations

Keysight Technologies announced the validation of an Over-the-Air (OTA) test method for evaluating the radio frequency (RF) performance of 5G base stations in collaboration with the China Academy of Information and Communications Technology (CAICT) and Tsinghua University.

The collaboration between Keysight, CAICT and Tsinghua University was established to accelerate the development and deployment of 5G networks in support of the Phase I Step 3 5G trials led by China’s IMT-2020 Promotion Group1. The test combined Keysight’s 5G signal generation and analysis solutions with a compact antenna test range (CATR) chamber to create the appropriate OTA test environment for 5G base station performance evaluation.

“Keysight is contributing to 5G OTA test research, development, and deployment, by collaborating with leading wireless research facilities and market leaders in China and around the world,” said Roger Nichols, 5G Program Office, at Keysight Technologies. “As a dominant contributor to 5G OTA test method development in the 3GPP standard organization, Keysight is offering early access to OTA solutions for both 5G base station and mobile device testing.”

Keysight seamlessly integrates measurement science with hardware and software tools that support the latest 3GPP release 15 (Rel-15) standard to provide the entire mobile wireless ecosystem with end-to-end OTA test capability. Its integrated OTA test solutions for R&D characterization and RF test of 5G base stations enable users to test a wide range of equipment and its sub-systems in a repeatable way.

https://www.keysight.com/go/news

Monday, October 22, 2018

Huawei Marine advances PEACE subsea cable project

The Pakistan East Africa Cable Express (PEACE) Cable project, which will connect Asia, Africa and Europe, has entered into the cable and material manufacturing stage.

The PEACE cable system will span 12,000 km and is designed for 200G, 16Tbps per fiber pair connectitivity. The ready for service date is targetted for first quarter of 2020.

The project is being developed by PEACE Cable International Network Co., Ltd, a subsidiary of China's HENGTONG Group.  Huawei Marine Network is lead contractor.

Sun Xiaohua, Chief Operating Officer of PEACE Cable said, “PEACE Cable has created a new business model in the submarine cable industry that builds a bridge for these regions communications and provides connectivity opportunities to players all along the route by investing in the branches and gaining bandwidth on the trunk in a more efficient way.”

Zhang Hongxiang, Project Delivery Director of Huawei Marine said, “We are glad to work with this creative network, which is open to connect along the route on any of the potential points, however with the commerce of cable manufacture, such extensions are dependent on the plan of work. Players who get on board soon will secure better flexibility on this network.”

http://www.huaweimarine.com


  • China Construction Bank is funding the project. Tropic Science Co. is a signatory partner.

Tuesday, September 4, 2018

Merger talks of China Telecom + China Unicom

Top Chinese government officials are reviewing a proposal to merge China Telecom and China Unicom, the nation's number 2 and 3 mobile operators, according to reports published by Bloomberg and others on Tuesday.

So far, there has not been official confirmation of the story although share prices of both companies have risen on the Hong Kong exchange.

Combined, the two carriers have 590 million mobile subscribers, compared to 905 million for China Mobile. A merger would enable a faster rollout of 5G but reduce the competitive landscape for mobile services to two players. Both carriers have reduced CAPEX in the first half of 2018 following completion of most 4G upgrades. Both reported surging mobile data traffic and an impact from increased competition and the elimination of provincial roaming charges.

Exactly one year ago, the Chinese government arranged for top Chinese tech companies, including Alibaba and Tencent, to inject RMB 78 billion (US$11.7 billion) into China Unicom in an effort to accelerate the transformation of its network. The consolidation could play to the favor of these investors.

As state-owned enterprises, both China Telecom (estimate 287,000 employees) and China Unicom (estimated 252,000 employees) have large numbers of workers and retirees.  While network integration and automation may reduce the need for so many employees from a technical perspective, from a social point of view, large-scale reductions may not be possible.

The big synergy in the merger presumably would be to reduce the rollout cost of a nationwide 5G network, which both China Telecom and China Unicom were anticipating in 2020. Both carriers have 5G pilots underway and limited trial services are expected in 2019. Full-scale nationwide rollout for each would involve upgrades to millions of base stations, and improvements to front-haul and backhaul infrastructure. China Unicom recently disclosed that it now has 910,000 4G base stations in operation. China Telecom has stated that it had 1.2 million 4G base stations in operation.

 Many 5G small cells and in-building networks are also required for the 5G upgrade plan. A merged entity presumably could build this at a much lower cost -- perhaps even approaching 50-60-% of what otherwise would be spent. For network equipment, especially Huawei and ZTE, this could be bad news. For China Tower, which recently completed an IPO, this could mean only 2 potential clients on its telecom masts (China Mobile and this merged entity).

With only two mobile operators, perhaps the really intense mobile price competition in China would ease. China Mobile must make do with ARPU of RMB 58.10 (US$8.43) -- about 1/6th the billing per subscriber per month as U.S. operators. China Telecom and China Unicom's mobile ARPU is lower, at RMB 47.9. This leaves very little profit potential per subscriber, making the business case for a deep, nationwide 5G rollout more difficult for two carriers than for one..


Thursday, August 23, 2018

Alicloud posts US$710 million in Q2 revenue, up 93% yoy

Alibaba's Cloud Computing division recorded revenue of RMB 4,698 billion (US$710 million) for Q2 2018, up 93% over the same period last year.

EBITA was RMB (488) million, reflecting a margin of -10% for the division.

Overall, the Alibaba Group achieved quarterly revenue of RMB 80,920 million (US$12,229 million), an increase of 61% year-over-year.

Some other highlights:

  • Revenue from digital media and entertainment increased 46% year-over-year to RMB5,975 million (US$903 million).
  • Annual active consumers on China retail marketplaces reached 576 million, an increase of 24 million from the 12-month period ended March 31, 2018. 
  • Mobile MAUs on our China retail marketplaces reached 634 million in June 2018, an increase of 17 million over March 2018.


“We delivered another great quarter with 61% revenue growth as well as strong profit growth, excluding one-time items. We are pleased with the strength and rapid growth of our business at such significant scale,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “The exceptional growth across our major segments of core commerce, cloud computing and digital media and entertainment validates our strategy of investing in customer experience, product, technology and infrastructure for the future."

Monday, August 20, 2018

China Telecom delivers strong results in 1H2018

China Telecom reported robust financial results and operational metrics for the first half of 2018, with overall operating revenues of RMB193.0 billion, of which, service revenues amounted to RMB177.6 billion, representing an increase of 7.0% over the same period last year. EBITDA amounted to RMB55.9 billion and EBITDA margin was 31.5%. Net profit amounted to RMB13.6 billion, representing an increase of 8.1% over the same period last year while basic earnings per share were RMB0.168, achieving persistent favorable growth.



Capital expenditure was RMB32.9 billion, representing a decrease of 19.9%. Free cash flow reached RMB18.4 billion which has increased remarkably over the same period last year.

Some operational metrics:

  • The total number of mobile subscribers reached 282 million, representing a net increase of 31.66 million which was more than double of the net addition in the same period of last year. 
  • Handset data traffic growth over the past year has been +379%
  • Average data usage now tops 4.6 GB per month
  • China Telecom captured a 46.5% market share in the net additions for China
  • Overall total market share increased to 18.9%
  • The total number of 4G users reached 217 million, representing a net increase of 35.27 million. 
  • 4G penetration is now at 77%
  • The total number of wireline broadband subscribers reached 141 million, representing a net increase of 7.09 million. 
  • 56% of wireline broadband subscribers are getting over 100 Mbps service
  • Average access bandwidth is 85Mbps
  • China Telecom now has 1.2 million base stations in operation with 98% population coverage and 36% utilization rate
  • 96% FTTH home pass coverage in cities and towns
  • Gigabit-class broadband has been deployed in >170 cities
  • China Telecom's IP metropolitan network and backbone network bandwidth reached 500Tbps and 170Tbps respectively
  • China Telecom is building a premium network of Internet data center clusters; deployment focused on Inner Mongolia, Guizhou, Beijing-Tianjin-Hebei, Yangtze River Delta, southern China, Chengdu-Chongqing-Shaanxi and other key regions
  • Video service penetration reached 70%; 9 mil Smart Home Networking service delivered, Family Cloud subs ~20 mil
  • China Telecom now serves 30 million IoT devices and is aiming for 60 million this year


Sunday, August 19, 2018

China Unicom sees growth following mixed ownership reform

China Unicom reported 1H2018 service revenue of to RMB134.4 billion, representing an 8.3% year-on-year growth, topping rivals China Mobile and China Telecom.

EBITDA amounted to RMB45.7 billion, up by 4.9% year-on-year. The profit before income tax reached RMB7.8 billion and the profit attributable to equity shareholders of the company increased by 145% year-on-year to RMB5.9 billion.

China Unicom attributed its improving condition to the mixed ownership reforms undertaken one year ago at the behest of the central government. China Unicom has been increasing its level of collaboration with Tencent, Alibaba, Baidu, JD.com and DiDi, especially in outreach areas for the youth market.

Mr. Wang Xiaochu, Chairman and CEO of China Unicom said, “Looking ahead, by unleashing
the unique edges, the Company will persevere in the implementation of the Internet-oriented
operation, creating differentiated competitive advantages. Centred on return and efficiency, and
riding on Internet-oriented operation transformation, the Company strived to enhance total-factor
development efficiency. The Company will enhance its key capability in network, IT and
management on all fronts to provide a solid foundation for the healthy and sustainable
development of various businesses. We will step up investments appropriately for nurturing the
future growth engines. Seizing opportunities afforded by the mixed-ownership reform, we will
deepen strategic cooperation and further advance the system and mechanism reform, accelerating
the delivery of benefits from the reform and comprehensively enhancing the Company’s overall
competitive strengths with a view to creating greater value for shareholders.”

Some highlights:

  • Mobile service revenue reached RMB84.3 billion, representing a year-on-year growth of 9.7% 
  • Mobile billing subscribers achieved a net increase of 17.86 million, reaching a total number of 302 million mobile billing subscribers. 
  • Mobile ARPU amounted to RMB47.9, which was largely stable compared to the full year of 2017. 
  • The 4G subscriber base saw a net increase of 28.23 million in 1H2018 to a total of 203 million. 
  • The 4G subscriber market share was up by 3 percentage points year-on-year. 
  • The proportion of 4G subscribers in total mobile billing subscribers increased by 16 percentage points year-on-year to
  • over 67%. 
  • Fixed-line broadband access revenue amounted to RMB21.5 billion, which was largely stable compared to the same period last year.
  • The number of fixed-line broadband subscribers increased by 2.38 million on a net basis to 78.92 million. 
  • Video service subscribers accounted for over 43% of the fixed-line broadband subscribers, up by 10 percentage points year-on-year.
  •  4G BTS: 910K (up by 60K), focus on capacity expansion & experience enhancement
  • Actively deploy 10G PON & other new technologies in Northern China to progressively achieve 1,000Mbps access capability


China Unicom's US$11.7B strategic investment brings advantages


China United Network Communications Group (China Unicom or 中国联通), the fourth largest mobile operator with over 270 million subscribers, recently closed a deal that will bring in US$11.68 billion in cash from top Chinese tech companies. Under the deal, the Shanghai-based holding company of China Unicom, will sell a 35.2% stake worth RMB 78 billion to 14 strategic investors, including the following. The deal is backed by the Chinese government, which...


Sunday, July 29, 2018

Caixin: The Wake-Up Call for China’s Chip Industry

The near-death experience of ZTE due to the 88-day ban imposed the U.S. Department of Commerce is a wake-up call for China's semiconductor industry, according to an article in the business journal Caixin.

The article the foreign joint venture model, Chinese investments/acquisitions of tech companies abroad, and government-supported initiatives to build a strong, domestic ecosystem for semiconductor design and fabrication.

https://www.caixinglobal.com/2018-07-29/the-wake-up-call-for-chinas-chip-industry-101309608.html

See also