Xiaomi founder and CEO, Lei Jun, revealed that the company shipped a record 23.16 million smartphones in Q2 2-17, reflecting an increase of 70 percent from the previous quarter, marking a record high for Xiaomi’s quarterly smartphone shipments.
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Nokia and Xiaomi announced that they have signed a business collaboration agreement and a multi-year patent agreement, including a cross license to each company's cellular standard essential patents. Xiaomi also acquired patent assets from Nokia as part of the transaction.
Taiwan’s government has formally announced its plans to spend $32.73m in artificial intelligence research centers over the next five years. Taiwan’s progressive government has been actively pursuing initiatives which promote the enhancement of technology and innovation in order to improve the nation. It has embraced digital transformation and technological advancement – and this latest announcement reiterates the country’s vision.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced the company successfully completed tests in seven major scenarios that are part of the second phase of China’s National 5G tests, setting multiple new records for network speeds and performance.
India’s newest 4G telecommunications operator Reliance Jio has launched an investigation amidst claims that the personal data of over 100 million of its customers has been leaked on to a website. If the claims are found to be true, it would represent the largest ever data breach at an Indian telecommunications operator.
South Korean conglomerate Samsung Electronics has announced its plans to invest 21.4 trillion won ($18.6 billion) into South Korea in an effort to strengthen and extend its lead in memory chips and next-generation displays for smartphones. Samsung has claimed that the investment could create up to 440,000 new jobs from now until 2021 – which would significantly boost the South Korean economy.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced the company supported China Unicom in the operator’s successful first 5G NR (New Radio) field test.
SK Telecom CTO, Alex Jinsung Choi, has claimed that whilst AI (Artificial Intelligence) will undoubtedly play a critical role in enhancing 5G networks – the technology itself still has a long way to go. SK Telecom’s CTO was speaking ahead of a VR and AR summit at Mobile World Congress Shanghai. (MWCS 2017)
South Korean conglomerate Samsung is on course for a record Q2 with its success being attributed to its flagship smartphone - the Galaxy S8. In addition to this, Samsung’s operating profit has also been boosted by its strong component sales.
Qualcomm CEO, Steve Mollenkopf has claimed that 5G will represent a revenue opportunity of around $12 trillion by 2035. Mollenkopf made the statement when he was delivering his keynote address at Mobile World Congress Shanghai. However, the CEO of the global chip giant did express his belief that we have to utilize 4G technology. He said it was imperative we made the most of 4G and focused particularly on new gigabit LTE networks.