2:25 PM Wireless networks to share in $9B government handout

May 18, 2009

1 Min Read
Chinese Cash Injection

2:25 PM -- China's next-generation wireless networks are set to get a share of a massive 62 billion Yuan Renminbi (US$9.1 billion) investment program enacted by the Chinese government, according to local reports.

The investments will be made by the end of 2010. Other technology sectors due to benefit are CPUs and software.

Check out China.org for more details.

— Catherine Haslam, Asia Editor, Light Reading

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