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Huawei Gains 5-year Network Management Contract From Telefonica UK

Chinese telecom equipment maker Huawei has gained its largest contract in the UK by signing a five-year network management service contract with Telefonica UK, which trades under the O2 brand. Based on the contract, Huawei will manage the core network planning and deployment of O2. Meanwhile, O2′s 56 permanent roles will transfer to the Chinese company, and 62 contractors will also be moved. O2 has not used any Huawei equipment on its core network, stated a spokesperson from Huawei, but ...

AsiaInfo-Linkage To Establish European Headquarters In United Kingdom

AsiaInfo-Linkage, a provider of telecommunications software solutions and related services in China, has announced plans to establish its European headquarters in Cambridge, United Kingdom, as part of an on-going initiative to expand its operations across international markets. AsiaInfo-Linkage has a leading position in China with a greater than 50% share of the telecommunications billing, CRM, and business intelligence markets. In 2009, the company began expanding its core business in Southeast Asia, and it is now targeting a broader geographical expansion ...

Renren.com Launches Two New Developer Products

Chinese social networking company Renren.com has launched two new mobile products: REST API and Mobile Plugins. Renren.com’s REST API follows the standard REST protocol, including a content service interface, message service interface, friendship information interface, and LBS service interface. It supports the OAuth2.0 authentication. Mobile Plugins, which are social networking components, include login and registration components, application home page component, and invitation and sharing components; and the product will be provided to developers via a software development kit.

Company of Heroes 2 Headed for Early 2013 Release

By News Staff | Wednesday, May 9th, 2012 at 8:37:GMT+5 THQ recently made public that its upcoming title, Company of Heroes 2, will be arriving for PC sometime during the begin of next year or ‘early 2013,’ as the company puts it. The game is set to take players to the ‘frozen frontlines of war’ in Russia against a full-scale invasion from Germany on the frozen tundra of the Soviet Union. Developed as a sequel to the Company of Heroes ...

Huawei To Build First R&D Center In Taiwan

Chinese telecom equipment maker Huawei is considering building its first research and development center in Taiwan. According to reports in Taiwanese local media, a spokesperson from Huawei stated that the company’s procurement from Taiwan will increase with its revenue growth. In 2011, Huawei’s procurement value in Taiwan reached NTD110 billion, which was about CNY23.65 billion. In 2011, Huawei’s operating revenue reached CNY203.9 billion and the company aims at 10% to 20% revenue growth during the year of 2012.

China Unicom Gained Net Profit Of CNY1 Billion In Q1 2012

China Unicom has published its financial report for the first quarter of 2012, stating that its operating revenue reached CNY61.193 billion, a year-on-year increase of 24.8%; and its net profit reached CNY1.007 billion, a year-on-year increase of 594%. The report showed that during the first quarter of 2012, China Unicom’s mobile business operating revenue achieved a year-on-year increase of 42.3% to CNY40.45 billion, of which its service income increased by 25.6% to CNY to CNY29.26 billion; and its mobile value-added ...

China Firm ‘Ready To Buy’ Britain’s Weetabix

British cereal firm Weetabix could be sold to a Chinese company 5:07pm UK, Sunday April 22, 2012 Shanghai firm Bright Food has been in speaks with Lion Capital, Weetabix’s private equity owner, for several weeks, according to the Sunday Times. Weetabix dates back to 1932 and was family owned until it was purchased by Texan private equity firm, Hicks, Muse, Tate and Furst in 2004 for £642m.

China’s 99bill.com Launches New Online Payment Brand

Chinese third-party Internet payment company 99bill.com announced that it will launch a new brand image and its new brand core value will focus on providing professional and effective liquidity management solutions to enterprises. Guan Guoguang, chief executive officer of 99bill.com, told local media that the company is actively developing the traditional businesses of e-commerce and the total capital amount it deals with is expected to maintain an over 100% annual growth. In 2011, the company reportedly handled total capital of ...

SmartTrans sells MyLife software to Chinese mobile retailer

ASX-listed Perth company SmartTrans has announced that its locally designed MyLife software will be installed on Android Smartphones distributed by a Chinese mobile phone retailer. Last year SmartTrans gained mobile phone entrepreneur Zhenya Tsvetnenko as a shareholder when he made a strategic investment of $500,000, amounting to about 2 per cent of the Leederville-based company. SmartTrans stated it has signed an agreement with Beijing Digitone Telecom Co. Ltd, known as D.Phone , for it to install the software on up ...

Mindax plunges as rift continues

Mindax shares plunged on the ASX this day after the company appointed  a new non-executive director ahead of a shareholder vote regarding the future of the company’s $115 million tie-up with Japan’s Sumitomo. Mindax announced this day that Lion Asiapac executive director Eric Loh had joined its board with immediate effect. Chairman Gilbert George stated the company believed an expansion of its board would be in the interests of shareholders as it progresses towards the development of the Mt Forrest ...