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China Mobile (NYSE: CHL; 0941.HK) has prohibited third-tier and fourth-tier city branches from procuring TD-SCDMA feature phones for at least a month, according to a source within the operator, due to overstock concerns. Read More
Shenzhen-based antenna manufacturer Sunway Communication (300136.SZ) recently released an announcement stating that it plans on acquiring a 100% stake in Laird (Hong Kong) Holdings Ltd. subsidiary Laird Technologies (Beijing) Co., Ltd. for RMB 198 mln. Read More
Recently released sales figures related to Chinese Ministry of Commerce's rural home appliance subsidy program show RMB 227 mln in revenue on a total of 4.25 mln mobile phones sold over the first half of this year. Read More