HONG KONG: CLOSING WRAP, 07May2013

Competition for China Mobile’s TD-LTE business to begin shortly

From DigiTimes:

China Mobile will start an open-bid competition process as early as in mid-May to procure equipment of 200,000 TD-LTE base stations as well as equipment of 110,000 TD-SCDMA base stations which can be smoothly upgraded to support TD-LTE, according to industry sources in Taiwan.

Huawei, “We are not interested in the US market any more.”

 

From Tech In Asia:

So much for the American dream. After struggling to overcome regulatory opposition and its own reputation, Chinese telecom equipment company Huawei is finally calling it quits. At a summit on Tuesday, executive VP Eric Xu put things quite bluntly according to the Financial Times: “We are not interested in the US market any more.”

China mobile sets 2013 capex of RMB41.7bn for TD-LTE

From DigiTimes:

Procurement may start in May-June, the sources noted. Completion of TD-LTE infrastructure with the budget will only cover 35-40% of the target user base around China, and increasing coverage of 90% will entail an additional investment of CNY40 billion, the sources said.

HONG KONG: BEFORE THE OPEN, 22Apr2013

Huawei wins 4G contract in New Zealand

 

South China Morning Post

More Converts To Mediatek’s Quad-Core Solution

From DigiTimes:

With orders from Lenovo, Coolpad, Huawei and ZTE, MediaTek is expected to increase its previous goal of shipping over 200 million smartphone solutions in 2013, said the sources.

TAIWAN: CLOSING WARP, 13mar2013

1. TWSE (7995.51, +0.01% DTD, +3.84% YTD)

2. USDTWD 11am fix (29.667, -0.02% DTD)

3. Delta (2308 TT, NT$119, +6.73% DTD) limit up on net income of NT$3.75bn beating NT$3.5bn estimates

4. Huawei, ZTE, Lenovo, And AsusTek To Double Smartphone Shipments

5. Quanta’s (2382 TT, NT$66.2, +0.61% DTD) server business strong to very strong

6. China’s military the big bad wolf

7. Major opposition to Nuke 4

Huawei, ZTE, Lenovo, And AsusTek To Double Smartphone Shipments

“Huawei Device, ZTE, Lenovo and Asustek Computer are likely to double their shipments of smartphones in 2013, buoyed by their cooperation with telecom operators in China, Europe and the US, according to industry sources.” Read more DigiTimes

CHINA: BEFORE THE OPEN

1. Chinese stocks listed in New York rise overnight
2. Yuan overtakes Russian ruble for global transactions in SWIFT
3. A-Share short selling program begins today
4. Huawei’s (002502 CH) largest unit targets US$28bn in sales
5. China provinces cut growth targets in an effort to heed increasing debt
6. Kweichow Moutai Co. (600519) sales suffer prior to congress meeting
7. Elderly population to surpass 200mio in 2013
8. China’s Feb CPI may top 3.0%