The Mexican government has formally announced that it has secured a deal with Chinese e-commerce colossus Alibaba Group Holding in an attempt to place Mexican products and services, especially those produced by SMEs onto the much-heralded e-commerce platform that is provided by Alibaba.
Telecom Review Asia Pacific - Telecom Industry News
Young consumers across Asia Pacific are now the core driver for new communications services and will have an impact on operators’ business, said Zhou Jianjuan, Vice President of Huawei’s Carrier Business Group, speaking at the Asia Pacific Emerging Markets Summit in Bangkok, Thailand, on August 29.
The jailed Vice Chairman of Samsung Electronics Co has replaced his lawyer ahead of his forthcoming appeal against the five-year sentence he was handed after being found guilty of bribery and other charges. The sentence passed down to Jay. Y Lee stunned South Korea - and the decision was subsequently described as a ‘landmark case’ in the history of the country.
Chinese firm Xiaomi maintained its lead in wearables for the second quarter of 2017, as the worldwide wearables market once again showed positive growth as shipments grew 10.3 percent year-on-year, reaching 26.3 million, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
At HUAWEI CONNECT 2017, Huawei and Microsoft signed a strategic memorandum of understanding (MOU) on Cloud Service under which Microsoft applications will be released on HUAWEI CLOUD. The two companies will initiate in-depth cooperation on the public cloud to provide the optimal experience of cloud services for enterprises and help enterprises implement digital transformation.
Chinese e-commerce giants Alibaba has enjoyed another incredible financial quarter as it overseen its profits double - as its phenomenal success shows no sign of abating. Alibaba disclosed its latest financial results last week and it revealed that it made a profit of $2.1 billion for its recent quarter, which represents a 96% increase year-on-year.
Internet of Things (IoT) will generate estimated US$1.8 trillion revenue for mobile network operators by 2026, driven by the early deployment of commercial Power Wide Area Networks in licensed spectrum, according to GSMA, which highlighted new figures in the IoT Forecast Database Research published by analyst house Machina Research.
South Korean conglomerate Samsung Electronics has formally announced that it plans to invest $7 billion in its NAND memory chip production over the next three years. Samsung has a production facility in the northwestern Chinese city of Xi’an - and made the disclosure via statement which ended months of speculation in relation to the investment.
US data storage company Western Digital has performed a U-turn on its bid to acquire Toshiba’s lucrative flash memory chip unit after negotiations stalled. The long-running saga looked like it was nearing its conclusion as Western Digital’s CEO jetted into Tokyo for talks with Toshiba last week - after previously seeking an injunction blocking the sale of its chip business, citing that it legally needed its consent before signing off on any deal.
Western Digital Corp’s chief executive has flown to Japan to engage in final discussions with Toshiba over the sale of its lucrative chip memory business. The deal is expected to be finalized within the next few days, which would finally put an end to months of speculation and legal disputes which ensued between both entities.