With 260 million 5G mobile connections, China boasts the world’s largest 5G mobile network, according to Liu Liehong, vice minister of China’s Ministry of Industry and Information Technology (MIIT) in a press conference this week.
Advancing connectivity between the Asia-Pacific and North America regions, Facebook is set to build two new subsea cables — Echo and Bifrost — with leading regional and global partners.
Ningbo is a time-honored international port city in east China's Zhejiang province. Its port, the Ningbo-Zhoushan Port, is the largest port in the world. Recently, the port worked with China Mobile Ningbo and Huawei to showcase the hybrid platooning of 5G smart and traditional container trucks. The platooning is a stride towards realizing the goal of becoming a world-class port. With this solution, in berth 8 of its busy Meishan container terminal, 13 5G smart container trucks run automatically and smoothly, greatly improving automation and safety in the port.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, together with China Unicom and Shandong Energy Beidou Tiandi, today has completed the first 5G local traffic offloading pilot in the mining industry in Shandong Province, China.
South Korea’s Ministry of Science and ICT has announced plans to release low-cost 5G mobile data plans to raise competitiveness of the country’s 5G market.
Nokia announced the first 5G standalone (“SA”) Radio Access Network (“RAN”) Sharing network in South East Asia. The company has been selected by Antina Pte. Ltd. (“Antina”), a joint venture formed by mobile network operators M1 and StarHub, following a competitive tender process, to deploy 5G SA networks across Singapore. The commercial deployment of a 5G SA network will introduce compelling new use cases and cater for the growing data demand in the country, putting Singapore at the forefront of 5G standalone technology in the region.
China’s Zhejiang Geely Holding Groups, a global mobility technology group has plans to set up a commercial aerospace company, as announced by the local government.
According to the findings of Synergy Research Group, enterprises are continuing to spend heavily on cloud infrastructure. In fact, this spending grew by 35% in 2020 to reach almost $130 billion.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, together with the China Academy of Information and Communications Technology (CAICT), has unveiled a joint innovation lab at the online press conference on “High-Quality Development of 5G Messaging in China". At the conference, the two parties have also jointly released China's first 5G Messaging platform standards, including technical requirements, test standards and evaluation system.
Japanese e-commerce and tech company Rakuten has sold a 13% share amounting to $2.2 billion to Japan Post, Tencent and Walmart. Japan Post will invest $1.4 billion into Rakuten, thereby owning 8.3% of the company’s total share to become its fourth largest investor. Tencent will invest $0.6 billion to own 3.6% of the company’s total share, while Walmart will invest $0.15 billion to own a 0.9% share.
