China Mobile reported a net profit of RMB 115.17 billion ($ 16.87 billion) for 2009, up 2.3 percent year-on-year.
Huawei Technology Co. Ltd. has been selected as the winner of Wharf T&T Ltd.'s commercial GPON FTTH contract.
China Mobile has completed an optical broadband equipment tender for the deployment of a fixed broadband network.
Pansoft CEO Hugh Wang sees opportunities arising from the government push for consolidation in various industries in China. Pansoft is a leading provider of ERP software solutions and on-demand customized services for the oil and gas industry, and Wang tells Interfax how the company's strategy gels with China's consolidation story.
A global outsourcing trend has resulted in a boom in the Chinese online game outsourcing market.