Ericsson (ERIC) fears that Europe could be shooting itself in the foot by failing to provide an environment that would spur the uptake of 5G technology.
Nokia (NOK) is supplying technology to enable China Unicom to improve the quality of its voice services and prepare its network for evolution to 5G technology.
MSCI’s (MSCI) emerging market index has been around since 1988. Back then, it was spread across ten countries and formed less than 1% of the world’s market capitalization.
The iShares China Large-Cap ETF (FXI) is the most heavily traded ETF that invests in Chinese equities. It manages $4.7 billion in assets and is invested in 51 holdings.
The growth in LTE penetration in China is a key driver for Apple. It should positively affect the company’s sales in China in the short, medium, and long term.
Historically, China has been an important market for Apple (AAPL). Apple gets ~16% of its revenues from Greater China. It’s the company’s third largest market.
Qualcomm’s improved EPS guidance is mainly because of the continued adoption of LTE technology by Chinese telecommunication providers such as China Mobile (CHL), China Telecom (CHA), and China Unicom (CHU).
China is an important market for Qualcomm because its earns ~50% of its revenues from China. According to a report from Gartner, year-over-year (or YoY) smartphone sales growth in China in 4Q13 was 86%. This is way higher than the worldwide smartphone sales growth of 36%.
The concept of selling subsidized smartphones in lieu of a two year contract is quite common in the U.S. However, this concept is new in the Chinese market. It seems that the Chinese government wants to stop the practice of smartphone subsidies.
Qualcomm earns about half of its revenues from China, making it an important market for the company. It depends heavily on the faster adoption of high-speed LTE technology in emerging markets such as China.
Although Chinese telecommunication companies such as China Mobile (CHL), China Telecom (CHA), and China Unicom (CHU) have started to roll out LTE technology aggressively, there’s a delay in signing license agreements with some mobile phone vendors in China.
China is in the middle of transitioning to the faster and more efficient 4G technology. This caused Samsung some problems in selling its older models based on 3G technology in the second quarter.
Although DRAM bit growth was flat in fiscal Q3 2014, Micron expects that the DRAM bit growth rate will range between 20% and 25% in calendar year 2015.
China’s telecom providers, China Mobile (CHL), China Unicom (CHU), and China Telecom (CHA), had started to sell the iPhone 5S at a subsidized price. However, it seems the Chinese government wants to nip this trend in the bud itself.
The quarter ending March 2014 saw Qualcomm’s revenue growth of only 4%, and the total revenue of $6.37 billion was lower than consensus estimates of $6.48 billion.
