Phoenix Satellite Television Holdings has set up a joint venture with Guangdong Television Broadcasting Development Centre to sell advertising and programming to Chinese broadcasters, AP news agency reported from Hong Kong. Financial details were not announced but the company's vice president for international affairs said that the deal would allow Phoenix to collect advertising revenue […]
Category: Tech, Media & Telecom
UTStarcom has won a US$47m contract to supply equipment for China Telecom's networks in Jiangxi and Zhejiang provinces. The California-based company had previously won a string of contracts with China Netcom, China's second-largest fixed-line telephone operator. Both Chinese companies are using the equipment to expand their wireless local telephone services, by using fixed-line infrastructure to […]
Commission on Science, Technology and Industry for National Defence, told a conference in Beijing that reforms had produced a boom in the sector over the past year. He also said that China's key weapons facilities would catch up with those in the West by 2020 and that the development of such weapons was the top […]
The marketing divisions of three of China's largest shipbuilders, Shanghai Waigaoqiao, Hudong Zhongua and Jiangnan Shipyard, are being merged under a new company, to be known as China Shipbuilding & Trading Co International (CSTCI). Headquartered in Shanghai, it will offer increased international marketing clout to the shipyards that are keen to compete with shipyards in […]
China's biggest supplier of telecoms equipment, Huawei Technologies, posted a 12.4 per cent fall in sales last year to US$2.7bn as its major clients cut back on spending. Domestic sales plunged nearly 22 per cent, but foreign sales surged from US$328m in 2001 to US$552m. It has secured major contracts in Russia, Thailand, Mexico and […]