Controversial Chinese firm Huawei has revealed its sales revenue for 2012 is to surpass the$35bn(£21.7bn)mark,with a net profit of$2.4bn(£1.4bn)–an increase of more than 10 per cent year-on-year for both figures. The ...
Tags: Huawei, telecommunication, US, UK, China
Reuters reported that two Chinese companies have reached a deal to build a 400 km (250 mile) rail line, a steel plant and a sea port in Cambodia worth a combined USD 11.2 billion in what would be by far the impoverished country's ...
Tags: rail line, steel plant, investments, Steel Mining Industry Group
Xinhua reported that a Cambodian company and a Chinese firm on Monday signed a Memorandum of Understanding in order to build a railway and a seaport in Cambodia to serve iron and steel mining industry. The deal was inked between Zhang ...
Tags: Cambodia, railway, iron, steel mining
The government is providing funds for a new project for the University of Surrey to develop the next generation of mobile broadband systems. Money for the research will be part of the UK Research Partnership Investment Fund,which ...
Economic Times reported that the Indian consortium is back from another round of discussion for acquiring mining rights to the 1.8 billion tonne of iron ore reserves in Afghanistan, as the possible deal reaches a critical stage. A ...
Tags: Indian consortium, India, mining rights, mining
It is reported that a USD 115 million contract for Chinese firm Dongfang Electric Corporation to supply Iraqi Republic Railways with 10 diesel multiple units was signed in Baghdad on December 15th. The first two units are scheduled to be ...
Tags: Iraqi Republic Railways, Dongfang Electric Corporation, train sets
As China's economy has boomed in recent years, several of its technology firms have also flourished on a global scale. Further reading Google must do more to allay competition fears, says EU antitrust chief Microsoft loses EU antitrust ...
Tags: China, technology firms, Google, computing
At the end of October, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) ...
Tags: GT, sapphire furnace, solar, LED
The number of new lawsuits against Apple in China continues to grow, as a Taiwanese man has sued the company, alleging that the FaceTime feature on its iPhone and iPad infringes on one of his patents. A court in the Chinese city of ...
Tags: Apple, Patent, China, Facetime Feature
Unless Hewlett-Packard gets its act together quickly, Lenovo will soon become the world's number one PC maker. If that happens, it's going to create a moment of national angst. Headlines would declare: Chinese firm becomes world's top ...
Tags: HP, Bad Quarter, America, PCs
Mobile network operator O2 claims it has fixed network problems that left hundreds of thousands of customers without voice and data connections for up to 24 hours. The firm has issued a string of apologies, but has not yet made any ...
Tags: Computer Products, O2, GiffGaff and Tesco Mobile, still having problems
Apple has agreed to pay$60 million for ownership of the iPad trademark in China,as part of a settlement with a little-known Chinese firm called Proview that had tried to ban sales of the tablet in the country,according to a local court. ...
Tags: Apple, Ipad Trademark, China, Guangdong Province Higher People's Court
ET reported that the Bombay High Court has asked billionaire Mr Anil Agarwal controlled Vedanta Aluminum to deposit a security amount of INR 187 crore with the court till the arbitration proceedings reach a definitive conclusion based on a ...
Tags: Bombay High Court, Vedanta Aluminium, INR 187 Crore, Mineral
Fubon Financial Holding will foray into the banking market in southwestern China, as Xiamen Bank, under the auspices of the financial holding, will buy into a municipal commercial bank in the southwestern region, said Daniel Tsai, chairman ...
Mobile telecoms provider Three has announced a management agreement deal with Chinese ICT provider Huawei. The five-year contract, worth £120m, will see Huawei deliver service management for Three's core network in the UK, ICT ...