China mobile plans massive AI compute investment and expansion over next two years

During the 2026 Mobile Network Conference on November 6, China Mobile announced significant future investment plans. The company stated that in 2027, it intends to boost its total procurement volume, with projected figures exceeding 500 billion yuan, including over 100 billion yuan dedicated to computing power investment and over 100 billion yuan for terminal sales and procurement. Chen Zhongyue, Chairman of China Mobile, highlighted that computing power represents the largest incremental investment for the firm. Building upon existing large-scale computing clusters, China Mobile is developing several ultra-large-scale computing clusters, projecting that its AI computing capabilities will double consecutively over the next two years. The company confirmed plans to commence construction of three gigawatt-level computing parks this year, with two more planned for next year, bringing the total number of such parks to seven. Furthermore, the announcement indicated that in 2027, China Mobile aims to expand terminal sales and procurement to achieve sales exceeding 100 million units, alongside the increased investment in AI capabilities.