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ZTE releases H1 2019 report with net profit earnings of RMB 1.47 Billion

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet,…

In with the new: How FinTech and E-Commerce are driving innovation in Asia

When Peter Knight, the editor of the business newsletter of the Sunday Times, coined the term “FinTech” in the 1980s,…

Huawei jumps to 61st spot on the 2019 Fortune 500 List

Continuing a multi-year track record of acceleration, Huawei has ranked 61st on the Fortune 500 list. This year’s ranking represents…

Japanese mobile player selects European vendor in bid to explore IoT opportunities

Nokia has announced that Japanese mobile player Rakuten has selected its Intelligent Management Platform for All Connected Things (IMPACT) in…

Indian operator sees its profits plunge as price war takes its toil

Indian telecommunications incumbent Bharti Airtel has once again seen its profits plummet as the ongoing price war in Indian continues…

New Zealand operator sees profits slide as transformation plan kicks in

New Zealand’s second-largest telecommunications operator Spark has suffered a double-digit decline in its profit following the publication of its financial…

Samsung set to close factory in China as smartphone sales plummet

South Korean smartphone colossus Samsung is reportedly considering closing down one of its two manufacturing operations in China.

NTT Docomo exceeds expectations in Q1

Japan's largest mobile telecommunications group, NTT Docomo, said it had posted a net profit of up to 9,2% over a…

Samsung Electronics profit dips as phone sales fall

Samsung Electronics said its second quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales…

Alphabet delivers strong performance despite EU fine

Google parent Alphabet shares lifted on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased…

President of China Telecom says ‘price war’ will damage the industry

The president of Chinese telecommunications behemoth China Telecom has warned that a ‘price war’ between operators would severely damage the…

South Korean operators to adopt usage-based tariffs in preparation for 5G

All three of South Korea's telecommunication operators are expected to move away from its traditional flat-rate pricing system in favor…