China Mobile, the world's largest mobile carrier in terms of subscribers, could be looking to acquire a U.S.-based carrier to gain a foothold in the lucrative U.S. market.
Spurred by the rapid ascension of Chinese mobile web use in recent years, Chinese e-commerce powerhouse Alibaba Group joined with mobile browser company UCWeb to launch a mobile search engine aimed at toppling entrenched competitors in the country, according to an article from the Financial Times.
After years of negotiations, China Mobile finally began selling Apple's iPhone to its 776 million subscribers in January. Now, the world's largest mobile carrier probably wishes it hadn't.
Following nine quarters of strong growth, the Chinese smartphone market declined 4.3 percent sequentially in the fourth quarter of 2013, according to the latest stats from market research firm IDC.
China is forging ahead with mobility, both on the consumer and enterprise fronts.
Reuters says an official announcement of a deal between Apple and China Mobile could come as early as this week.
U.S. businesspeople working with their Chinese counterparts will benefit from a new mobile app that enables them to receive free calls from China Mobile numbers.
Quick takes on mobile IT news for Monday, 11/11 including: Connected device predictions by 2020, U.S. adult opinions on wearable tech devices, the inventor of Apple's Siri has a new project for Samsung, Leap's downfall and China Mobile's astounding profit.
Japan's dominant mobile phone carrier NTT DoCoMo has lost market share to rivals Softbank and KDDI over the last couple of years, primarily as a result of defections from users looking for iPhones.
While concerns continue to hamper the Chinese app market, a number of other factors are now helping to smooth out the path to China for mobile developers. As a result, many in the mobile app industry are taking another look at the possibilities of moving into the world's largest wireless market.