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Industrial economy on steady track

Industrial economy on steady track Efforts to leverage market potential and resilience keep uncertainties at bay China s industrial economy will maintain sound and steady growth this year, while the strong industrial chain will keep economic uncertainties at bay, a regulatory official said on Tuesday. Our confidence stems from China s efforts to fully leverage its market potential and resilience, especially on back of its experiences in work resumption and production since the COVID-19 outbreak, said Tian Yulong, chief engineer and spokesman for the Ministry of Industry and Information Technology. Such efforts will give full play to the complete manufacturing system and strong supporting capabilities, and will further boost the country s global competitiveness, Tian said during a State Council news briefing.

Hainan s Sanya set up over 1,500 5G base stations in 2020

Hainan s Sanya set up over 1,500 5G base stations in 2020 At the end of 2020, the number of base stations in the country exceeded 700,000 SANYA, January 25. /TASS/. Hainan s Sanya in 2020 built 1,595 fifth generation (5G) base stations, reported the local authorities. According to the government s report on the economic development of the city, last year the task was set to accelerate the construction of infrastructure for the fifth generation of communications, in particular to develop a network of base stations. The indicators for the year exceeded the plan: in March, the authorities announced their intention to build 1,400 base stations by the end of December. At the same time, 342 5G stations were installed in the city in 2019.

STC s Q4 net profit jumps 15 6% to $714m

STC’s net profit for the fourth quarter (Q4) of 2020 reached SR2.68 billion ($714 million), an increase of 15.6 percent compared to the corresponding quarter last year. For the 12-month period of 2020, the net profit reached SR11.08 billion, an increase of 3.94 percent. The revenues for Q4 reached SR15.21 billion an increase of 14.69 percent compared to the corresponding quarter last year. For the 12-month period of 2020, the revenues reached SR58.94 billion, an increase of 8.43 percent. The gross profit for Q4 reached SR8.48 billion, an increase of 1.54 percent compared to the corresponding quarter last year. For the 12-month period of 2020, the gross profit reached SR33.99 billion, an increase of 4.96 percent.

Mobile Application Testing Services Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2026

Mobile Application Testing Services Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2026
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Datasea Inc : Datasea Announces the Establishment of a New Company to Focus on the 5G Opportunities and Related Value-added Services

(2) NEW YORK, NY / ACCESSWIRE / January 14, 2021 / Datasea Inc. (NASDAQ:DTSS) ( Datasea ), a technology company engaged in providing smart security solutions, smart hardware and education- related technologies in China, announced today that it had established a new subsidiary company named Shuhai Zhangxun Information Technology Co., Ltd. ( Shuhai Zhangxun ) to explore opportunities in the 5G field and 5G value-added services. As a part of Datasea s recent initiative to leverage its technology capabilities in order to expand its business coverage and create new sources of revenue and profit, Shuhai Zhangxun will be dedicated to exploring 5G value-added services (e.g., 5G messaging) opportunities brought by the combination and extension of the Company s smart security platform, big data platform and other technology capabilities currently owned by Datasea.

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