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SOA component developer Primeton has announced that it has received RMB 80 mln in funding from Chinese venture capital firm Sinovo, and another RMB 20 mln from the Tianjin Heguang Equity Fund. Read More
A figure connected with the telecom operators revealed at the 2008 Optical Telecommunications and Broadband Development Forum, held today at the Beijing Media Center, that China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK) will start their construction of 3G carrier networks in the next half year, most likely in October. Read More