Browsing: Xi Jinping

World
China mulling mobile mega merger

China is exploring a merger between two of the nation’s three wireless carriers to speed up the development of 5G mobile services amid a race with the US over the technology, according to people familiar with the matter.

World
ZTE’s US troubles may be far from over

The US senate plans to advance legislation to restore penalties on ZTE after President Donald Trump drew sharp criticism for easing restrictions to get the Chinese company back in business. The senate is voting late

World
ZTE losses from US ban at least $3bn

ZTE is estimating losses of at least 20bn yuan ($3.1bn) from a US technology ban that’s halted major operations as clients pull out of deals and expenses mount, people familiar with the matter said. The telecommunications

World
China cracks down on apps

More than half a billion Chinese smartphone users face increased monitoring of their mobile app usage thanks to new laws targeting operators including Apple. App stores and providers must establish the identity of users, while

World
Econet gets $300m Chinese injection

Zimbabwe’s biggest mobile operator, Econet Wireless, is set to get at least US$300m from China Development Bank and ZTE. The loan agreement was announced in South Africa, during Chinese President Xi Jinping’s visit. In a press

World
Obama tells China hacking must stop

US President Barack Obama warned Chinese President Xi Jinping Friday that the hacking of US companies must stop, as the two leaders agreed not to engage in government-sponsored theft of intellectual property and business secrets in cyberspace. “I raised, once again, our rising concerns