China Tech Newsletter – Feb.22, 2016

Huawe unveils its first tablet MateBook, a Surface-like 2-in-1. — Engadget

China Mobile’s 4G subscribers increased 23 million in January to 336 million. 3G subscribers decreased 6.4 million. Total subscribers were 828.5 million.

Gaming company YOUZU Interactive Co., Ltd. recorded RMB1.5 billion (US$240M) in total revenue in 2015, an 82% year-over-year growth. Net profit increased 24% to RMB515 million (US$79M).

Revenues from overseas increased 137% to RMB770 million (US$120M), representing 50% of the total revenues.

Mobile gaming revenue increased 620% to RMB720 million (US$110M).


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