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ZTE’s share price nosedives as it resumes trading

Chinese telecommunications behemoth ZTE has seen its share price plummet by a whopping 39% following the resumption of its trading…

Chinese vendor halts share trading following US export ban

Chinese telecommunications giant ZTE has halted trading of its shares in both the Hong Kong and Shenzhen stock exchanges in…

Taiwan-based electronics manufacturer to invest $4bn in AI, 5G and IoT projects

The world’s largest contract electronics manufacturer Foxconn has announced that it plans to invest the $4.3bn it raised from a…

SoftBank confirms plan to offer IPO on its Japanese telecoms business

Japanese telecommunications multinational corporation SoftBank has formally announced plans to offer an IPO on part of its telecoms business in…

Singtel plans to increase shares in Indian telecom group

Singaporean telecom provider Singtel said it plans to invest INR 26.5 billion ($413 million) to increase its share in Indian…

Qualcomm confirms it has received a revised proposal from Broadcom

Qualcomm Incorporated has today confirmed that it has received a revised, non-binding, unsolicited proposal from Broadcom Limited to acquire all…

Chinese technology conglomerate acquires 12% stake in Snapchat

Chinese technology and media conglomerate Tencent Holdings Ltd have formally announced that they have invested almost $2 billion to acquire…

ZTE increases market share in US smartphone market due to budget-friendly devices

Chinese telecommunications conglomerate ZTE has increased its market share in the US smartphone industry. Analysts have suggested that its success…

Telstra shares plunge after announcing dividend reduction

Telstra, Australia’s largest telecommunications company, saw its shares dive to a five-year low on August 17 after announcing it will…

$11.7 billion investment for China Unicom will enable operator to develop 5G technologies

Funds generated from a share sale conducted by China Unicom is estimated to earn the operator around $11.7 billion, which…

Blow for Australian telecommunications firm as profits slump

Australia’s leading telecommunications company Telstra has reported a slump in first half profit - as the combination of increased competition…