Archive for June 2nd, 2008

China's Changes In Telecom Sector Start Taking Hold (Investor's Business Daily)

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Investor’s Business Daily – China forged ahead with the restructuring of its telecom market Monday, as China Unicom, the country’s No. 2 mobile phone company, agreed to buy China Netcom Group for $23.8 billion in stock and to sell off part of its wireless business to China Telecom for $15.9 billion.

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Global chip sales rise 5.9 percent in April (Reuters)

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Reuters – Global sales of semiconductors rose 5.9 percent in April on solid demand for personal computers, mobile phones and products using flash memory, an industry group said on Monday.

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China Unicom buying China Netcom for nearly $24B (AP)

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AP – China pressed ahead with a restructuring of its telecommunications market Monday as mobile phone company China Unicom Ltd. announced plans to take over a fixed-line provider and sell off a mobile business.

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Qualcomm Says Windows Mobile 7 Key for Mini-laptops (PC World)

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PC World – Mobile phone chip makers hope Windows Mobile 7 will help them win market share in mini-laptops.

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