A week in China tech
- The Shanghai-listed arm of China Unicom is to issue the mainland's largest corporate bond. China United plans to undertake a third phase of CDMA network expansion in the second half of this year. Brokerages have expressed concerns over an expected fall in average revenue per user for CDMA following the launch of pre-paid services, as well as the high cost of handset subsidies.
- Nokia merges its four joint ventures in China to streamline operations, paving the way for production of CDMA handsets for Asian markets. The move was mainly an administrative one, with production continuing at the four locations of the...