Financial News: Analyzing CHINA TELECOM's 10EFLOPS Expansion and Capex Budget
Financial News: Analyzing CHINA TELECOM's 10EFLOPS Expansion and Capex Budget
CHINA TELECOM (00728.HK) has astoundingly added 10EFLOPS of new intelligent computing power in 1H24, reaching a remarkable total of 21EFLOPS. This increment signifies a colossal growth of nearly 91%, showcasing the company’s commitment to enhancing its integrated intelligent computing platform, known as XiRang. Through strategic investments and a robust capex budget, CHINA TELECOM emphasizes its focus on innovation.
Key Highlights:
- 10EFLOPS added in the first half of 2024.
- Total computing power now at 21EFLOPS.
- A substantial 91% increase in performance.
- Maintained full-year capital expenditure budget.
This growth underlines the importance of economic data and aligns with current research reports, making it a pivotal topic in financial news related to technology advancements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.