Over 200 government officials, technology experts, scholars, and representatives from tech companies gathered from all across the Asia-Pacific region for the third annual Huawei Asia-Pacific Innovation Day, held in Kuala Lumpur. The event was co-hosted by Malaysia's Ministry of International Trade and Industry (MITI), the Malaysia Digital Economy Corporation (MDEC), the Malaysia-China Business Council, and Huawei Technologies.

Read more: Huawei announces OpenLab in Malaysia to drive digital transformation in APAC

Samsung Electronics have selected their replacement for the outgoing vice chairman and CEO Kwon Oh-hyun, who surprised many industry analysts following his shock announcement that he was stepping down from his position with the South Korean conglomerate. It has been formally announced that President of Samsung’s semiconductor business, Kim Ki-nam will take over from March next year, and it was also disclosed that he will head up the device unit.

Read more: Samsung announces new CEO following record Q3 financial results

Huawei Marine announced it has commenced work on Desk Study and Marine Survey works in conjunction with key investor Tropic Science Co., Ltd. (Tropical Science) to construct the Pakistan East Africa Cable Express (PEACE) submarine cable, which connects South Asia with East Africa. With initial work underway, the project is targeted for completion in Q4, 2019.

Read more: PEACE submarine cable to connect South Asia with East Africa

Nokia released its Q3 financial results for 2017 showing net sales of €5.5 billion for the quarter compared to €6 billion for the same period last year. The company reported a 7 percent year-on-year sales decrease in Q3. Nokia CEO Rajeev Suri said the company’s patent licensing business was the “clear highlight” of the quarter.

Read more: Nokia’s patent business ‘clear highlight’ of Q3 results

Chinese telecom equipment provider and smartphone maker Huawei aims to take on Amazon and Alibaba as a global provider of public cloud services, the company said in April. Edward Zhou, Huawei’s VP of Global Public Affairs, reiterated this to Telecom Review recently, saying Huawei can provide more trustworthy cloud services based on its legacy telecom experience.

Read more: Huawei exec touts cloud services as growth area

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