Research Report: CHINA TELECOM's New Computing Power Boost and Full Year Capex Budget

Tuesday, 20 August 2024, 02:34

Financial News highlights CHINA TELECOM's impressive addition of 10EFLOPS of computing power in 1H24. This surge emphasizes the company's commitment to achieving economic data and technical analysis levels. With this boost, CHINA TELECOM enhanced its XiRang platform, showcasing robust company news and results.
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Research Report: CHINA TELECOM's New Computing Power Boost and Full Year Capex Budget

Financial News: CHINA TELECOM's Computing Power Surge

In recent financial news, CHINA TELECOM (00728.HK) revealed that it added 10EFLOPS of new intelligent computing power in the first half of 2024. This significant growth has brought the company's total computing capabilities to 21EFLOPS, marking a remarkable increment of nearly 91%. The expansion underlines the effectiveness of its integrated intelligent computing platform, XiRang.

Maintaining Full Year Capex Budget

  • CHINA TELECOM is committed to its full-year capex budget despite the rapid growth.
  • This budgetary decision reflects the company's strategy to align investments with growing computing demands.
  • The enhancements are designed to improve the efficiency and scalability of its services.

With increasing focus on economic data and technical analysis, CHINA TELECOM continues to position itself competitively within the industry, making it a key player in the global technology landscape.


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.


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