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Chinese B2C e-commerce platform JD.com (Nasdaq: JD) has announced at a press conference the company's e-commerce virtual reality (VR) and augmented reality (AR) industry strategy, including the formation of an alliance with more than 30 firms such as chipmaker Intel, Taiwanese mobile handset manufacturer HTC, graphics chip maker Nvidia, and VR firm Baofeng Mojing Technology. Read More
Chinese real estate developer Join-In (600745.SH) recently announced a plan to acquire a 51% stake in Zhejiang-based handset maker Wingtech Communication for RMB 1.826 bln, to be paid through the issuance of 154 mln shares valued at RMB 11.86 per share. Read More
According to Wen Ku, head of the Department of Communications Development at China's Ministry of Industry and Information Technology (MIIT), commercial 4G services will reach more than 300 cities in China in 2014, with the country's 4G user base reaching from 30 mln to over 50 mln by the end of the year. Read More
Chinese consumer electronics manufacturer Lenovo (0992.HK) has reportedly been in talks with HTC (2498.TW) to purchase the Taiwanese mobile handset manufacturer since August. Read More
China Telecom's (NYSE: CHA; 0728.HK) Beijing subsidiary has announced the launch of a trade-in promotion for old smartphones, including for the Apple iPhone 4, Samsung Galaxy S4, and the HTC One. Read More
According to a recent report from the China Internet Network Information Center (CNNIC), China had 330 mln smartphone-based mobile internet users as of the end of February 2013, up by 140 mln from December 2011, accounting for 79% of China's mobile internet users. Read More
An industry source revealed on April 23 that Chinese e-commerce conglomerate Alibaba Group has increased its stake in Ding Ding Map. Read More
China Everbright Bank and China Mobile's (NYSE: CHL; 0941.HK) e-commerce subsidiary signed a strategic partnership agreement on April 8 for the operator's mobile wallet service. Read More
According to a report released by Beijing-based mobile application analytics platform Umeng on March 26, the number of active iOS users in China grew to 85 mln as of the end of 2012, while the number of active Android users grew to 160 mln. Read More
Yesterday, US handset chipmaker Qualcomm and Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary, iQiyi, announced the release of a new video-playback-optimized Qualcomm handset chip, the Snapdragon MSM8x25Q. Read More