Tue, 21-Oct-2025

Sanction hit Huawei says revenues down 29% this year

Huawei

BEIJING: Chinese telecom giant Huawei said on Friday its annual revenue had fallen by nearly a third from the previous year, as it continued to be weighed down by US sanctions that have hit its smartphone sales. Huawei has been caught in the crossfire of a US-China trade and technology rivalry after the administration of former … Read more

China Mobile gets nod for Shanghai debut after US delisting

China Mobile gets nod for Shanghai debut after US delisting

SHANGHAI, Dec 14, 2021 (AFP) – State-owned China Mobile has received approval to list publicly in Shanghai, documents showed, nearly a year after it was delisted in the United States along with two other Chinese telecom giants as tensions between Beijing and Washington soared. China Mobile plans to issue up to 845.7 million shares, according to … Read more

China officially announces to launch 6G service

China officially announces to launch 6G service

After complete availability of 5G service in China, the government now officially announces to develop 6G service. China’s science and technology ministry announced that it has formed two teams to oversee the research and study of 6G. 5G and 6G refer to the fifth and sixth generation of mobile wireless networks. While 5G is known … Read more