After a series of trade restrictions imposed by the US on the tech giant, Huawei expects a reveue drop of $30 billion below the forecasted amount over the next couple of years, said founder Ren Zhengfei Monday.
Telecom Review Asia Pacific - Telecom Industry News
Asia Pacific (excluding Japan) spending on the technologies and services that enable the digital transformation of business practices, products, and organizations is estimated to be $375.8 billion in 2019, according to the IDC Worldwide Semiannual Digital Transformation Spending Guide. Digital transformation spending is expected to steadily expand throughout the 2017-2022 forecast period, achieving a five-year compound annual growth rate of 17.4%.
Huawei has strengthened its position in a leading global brand index while also increasing its brand value. BrandZ’s annual Top 100 Most Valuable Global Brands study, published by WPP’s research arm Kantar, ranks Huawei 47th (up one place from last year) with an eight percent increase in brand value. It’s the fourth consecutive year that Huawei has been featured in the top 50.
Huawei and TIME dotCom (TIME) jointly signed a memorandum of understanding (MoU) on the construction of a pilot 10 Gigabit Passive Optical Network (10G PON), aiming to provide gigabit ultra-broadband for fixed access users in Malaysia.
Thuraya Telecommunications Company, the mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat), announced it is unveiling its newest smart solutions for the fast growing APAC market at CommunicAsia 2019. The role of mobile satellite communications in shaping a connected future is certainly not miniscule. By combining the power of L-band with the dexterity of GSM and the global reach of Ku, Thuraya provides users unrivalled access to voice, broadband and Machine-to-Machine (M2M) communications on a plethora of platforms and networks – multiplicity, being a key enabler of smart, connected technologies.
On Tuesday, Ooredoo Myanmar, Facebook and the GSMA launched a digital literacy campaign to raise awareness and increase adoption of mobile internet in Myanmar.
SP Telecom has partnered up with Nokia to enable faster go-to-market products for 5G deployment in Singapore in order to make use of a network which is equipped with intelligence functionality to replace Singapore’s existing network infrastructure.
South Korean operator SK Telecom, Samsung and Cisco have signed a MoU which aims to promote 5G-powered smart office services.
With transformation at the top of their agenda, business leaders are meeting at ConnecTechAsia, which will be held in Singapore from June 18-20, 2019, to showcase and discover the latest technologies that promise to ready businesses for the future.
Emblazoned across a wall at Huawei headquarters is a motto that appears to sum up the attitude of the huge Chinese telecom company toward its multiplying challenges: “Success requires friends. Tremendous success requires enemies.”