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New commitments from Amazon will end a 2015 antitrust investigation brought by the EU. (GeekWire File Photo)

Net profit fell 2 percent to 17.9 billion yuan (.6 billion) quarter-on-quarter in the three months ended June, missing analysts' forecasts of 19.3 billion. That represents a 2 percent decline from a year earlier, making it the first profit drop since the third quarter of 2005.

New York Times staff writers Jodi Kantor and Megan Twohey (L) address colleagues after the team they led won the 2018 Pulitzer Prize for Public Service in the newsroom in New York, NY, US April 16, 2018. [Photo/Agencies]

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Nevertheless, concerns about the 5G construction costs still linger on.

Nearly 89 percent of Chinese consumers surveyed believe that 5G is set to play an increasingly bigger role in the future, while 59 percent showed willingness to buy 5G-related products and services, the survey said.

Netflix began to experiment with cloud services from Amazon and Microsoft, where Hastings served as a board member. In 2009 he bet his company’s future on Amazon. Up to that point, nothing the size of Netflix had placed so much of its crucial technology on Amazon’s systems. Hastings sent an e-mail to Amazon CEO Jeff Bezos, announcing his plans. “I asked him if he was comfortable with that idea,” Hastings says. “If not, there was no point going forward.” Bezos gave the go-ahead.

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Nearly 63 percent of the respondents said they overly rely on mobile phones, according to the survey which pooled 2,077 college and university students across China.

Neil Shah, research director at consultancy Counterpoint, said China remains the problem child for Apple partly because of iPhone fatigue in the country.

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New China Life Insurance Co Ltd also announced in November that it is building a risk management team to help customers avoid potential risks relating to birth, aging, illness, disability and death.

Nearly 90 percent of netizens who responded to a survey on personal data safety when using mobile applications said they fear excessive data collection, according to survey results released Wednesday by the Beijing Consumer Association.