SmarTone’s profit rises 10%
Hong Kong wireless carrier SmarTone Telecommunications Holdings Ltd. (0315.HK) on Thursday announced its revenue rose 6% year-over-year to HK$6.6 billion ($846 million) in its fiscal year through June, while its…
AsiaInfo calls on AI, space communications to revive its flagging business
The telecoms software company said its revenue fell up to 19.2% in the first half of 2026, implying contraction of up to nearly 30% in the second quarter Key Takeaways:…
BRIEF: Huawei’s revenue rises slightly in 2025
Huawei Technologies’ revenue grew slightly last year, as it continued to rebuild its business six years after receiving a major blow from U.S. sanctions. The leading telecoms equipment maker generated…
Still in U.S. doghouse, ZTE faces pressure from fresh allegations
The company’s stock fell over 10% amid reports of a new $1 billion fine from the U.S., clouding its outlook as it claws its way back from an earlier clash…
BRIEF: ZTE profit plunges 87% in third quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) reported on Tuesday that its revenue rose 5.11% year-on-year to 28.97 billion yuan ($4.08 billion) in the third quarter. But a sharp rise…
BRIEF: Fibocom to raise up to $373 million in Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc. (0638.HK, 300638.SZ) launched its Hong Kong IPO on Tuesday, aiming to sell 135 million shares for HK$19.88 to HK$21.50 each to raise up…
Huaqin rides data center boom to Hong Kong IPO
Data center products, including servers and switches, surged past smartphones to become the ODM’s biggest revenue source in the first half of the year Key Takeaways: Huaqin’s strategic expansion from…