Samsung Electronics’ operating profit for the three months that ended in December 2020 is forecast to jump 26% from a year ago, totaling 9 trillion won. Consolidated sales in the last quarter are up close to 2% from a year ago, reaching 61 trillion won. This brings Samsung’s full year operating income to 35.93 trillion won and sales to 237.31 trillion won in 2020.
A new virtual panel was organized by Telecom Review on December 14th to discuss the role of cloud in accelerating businesses’ digital transformation.
Singtel has reorganised its structure to position the Group to capture new digital growth. Key to this is the creation of a new portfolio under its Group Enterprise division dedicated to driving 5G Enterprise business across the region by leveraging the Group’s regional footprint. The move to help businesses accelerate their digital transformation comes as companies embrace new business models and race to go digital in response to COVID-19 and the resulting changes that travel restrictions and lockdowns have had on the broader business landscape. In addition, Singtel’s ICT arm NCS, the largest ICT services provider in Southeast Asia, reports directly to the Group CEO to accelerate its expansion into Asia Pacific, with special focus on Australia and China. These changes came into effect on 1 January 2021.
Nokia announced the ‘Nokia Local 5G Technology Partnership’, a new strategic alliance involving Conexio, Hitachi Kokusai, NS (Nippon Steel) Solutions, Omron and Sharp to accelerate adoption of 5G-based enterprise industry solutions in Japan.
Samsung Electronics Co., Ltd. announced the appointment of Mr. Sangho Jo as President and CEO of Southeast Asia & Oceania on 5 January 2021.
A new study by Nokia and Telefónica has found that 5G networks are up to 90 percent more energy efficient per traffic unit than legacy 4G networks. The research, which was conducted over a three-month period, focused on the power consumption of the Radio Access Network (RAN) in Telefónica’s network. The rollout of 5G networks is set to increase traffic dramatically making it critical that the energy consumed does not rise at the same rate. The findings highlight both companies’ commitment to climate change.
Ooredoo and CK Hutchison Holdings Limited ("CK Hutchison") have entered into an exclusive and non-legally binding Memorandum of Understanding (MoU) in relation to a potential transaction to combine their respective telecommunications businesses in Indonesia, PT Indosat Tbk and PT Hutchison 3 Indonesia.
In the midst of a global pandemic, the highly anticipated 14th edition of Telecom Review Leaders’ Summit became the first-ever hybrid event to be organised in the region. The Summit enabled industry leaders, partners and the who’s who of the telecoms world to come together both physically and virtually to explore some of the most important topics affecting the industry, namely the impact of the pandemic on the ICT sector and the future of digital transformation post Covid-19.
Colt Technology Services has announced that it provides connectivity to Oracle Cloud in Tokyo and Osaka for Fullenergy Limited, a Cloud Integrator that owns a group of engineers specialized for Oracle Cloud.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, is well positioned to invest in the Asia Pacific region and become a market leader in providing 5G-centric connectivity, computing and platform to facilitate the digital transformation of thousands of industries.
