Chinese mobile phone retail channel provider D.Phone and Letv have reached a strategic deal with total value of CNY2 billion. The two parties plan to enhance their alliance in various sectors, covering Letv's second-generation super phones, mobile TV services, membership promotions, Letv's ecosystem experience stores, and customer service. During 2016, D.Phone will sell one million Letv super phones, 200,000 Letv super TVs, and 200,000 ...
Chinese telecom device maker ZTE announced that its subsidiary Nubia plans to increase its capital and stock by introducing Suning Rundong, a subsidiary of Suning, as an investor. At the same time, ZTE will give up its priority of subscription rights in the listed business. According to the report published by ZTE, Suning Rundong will invest CNY1.93 billion in Nubia. On the completion ...
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