Malaysia has plans to introduce a second 5G network in 2024, according to Reuters. Prime Minister Anwar Ibrahim proposes this plan in a bid to deter monopolies and encourage competition across the country’s telecommunications landscape.
State-owned telecom firms in China are developing a $500 million undersea fiber-optic internet cable network to compete with a similar US-backed project, according to four people involved in the deal. The proposed EMA (Europe-Middle East-Asia) cable would connect Hong Kong to China's island province of Hainan and connect to Singapore, Pakistan, Saudi Arabia, Egypt and France.
The constant rise in the number of multiplay households in China and the growth in average monthly multiplay household spending are expected to drive the increase in multiplay service revenue in the country at a compound annual growth rate (CAGR) of 1.9% through 2027. The revenue is forecasted to reach $1.9 billion by the end of the forecast period, according to GlobalData, a leading data and analytics company.
As foreign cloud service providers and data center operators invest billions of dollars to establish new centers in developing countries like Thailand, Indonesia and Malaysia, Southeast Asia is fueling the growth of the globe's cloud infrastructure.
BDx Indonesia recently performed a groundbreaking ceremony for its greenfield data center, CGK3A, in TB Simatupang, South Jakarta. BDx Indonesia is a significant wholesale data center and cloud-focused company in the Indonesian market.
The growth of 5G services in Singapore is expected to fuel the mobile data segment, which in turn is set to drive the country's mobile service revenue at a CAGR of 3% from 2022 to 2027. As a result, the revenue is projected to reach $2.1 billion by the end of the forecast period, according to GlobalData, a leading data and analytics company.
According to the Philippine government, only 36.79% of SIM cards had been registered before the strict April deadline, after which unregistered SIMs are to be deactivated.
Huawei has officially unveiled OpenLab 3.0, its latest regional center of joint solution innovation, solution R&D, partner enablement & development and industry experience to serve as a base for ecosystem cooperation and digital transformation in the Asia Pacific region.
Weak demand, excess inventory and a worsening macroeconomic climate were all contributing factors in the precipitous drop in shipments of traditional PCs during the first quarter of 2023 (1Q23). Global shipments numbered 56.9 million, marking a contraction of 29.0% compared to the same quarter in 2022, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Huawei reported 35.6 billion yuan ($5.12 billion) in net profits in 2022, a drop of 68.7% as compared to 2021 (113.7 billion yuan) in its annual report. The company generated 642.3 billion yuan ($92.37 billion) in revenue. During a press conference, Huawei said that it would continue to strengthen investment in R&D, with an annual expenditure of 161.5 billion yuan ($23.22 billion) in 2022, representing 25.1% of the company's annual revenue and bringing its total R&D expenditure over the past 10 years to more than 977.3 billion yuan ($140.55 billion).