Samsung Electronics said its second quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales mitigated by strong demand for its memory chips.
Industry News
South Korea’s major mobile operators agree to launch 5G networks together
South Korea’s three major mobile operators have all formally agreed to work together and launch their 5G networks together at the same time next year, in an effort to avoid the inevitable excessive competition a deployment of this scale and magnitude would traditionally conjure up.
Vodafone India and Idea Cellular to pay $1b to expedite merger
According to the Economic Times, Vodafone India and Idea Cellular paid INR 73 billion ($1 billion) in a combination of cash and bank guarantees to the country’s Department of Telecommunications (DoT) in order to clear the last major obstacle related to the pair’s delayed merger.
Taiwan semiconductor colossus introduces new AI-enhanced smartphones
Taiwanese semiconductor behemoth MediaTek today has officially unveiled its Helio A series, expanding its Helio family of feature-packed and power-efficient chipsets with the company's new Helio A22 system-on-chip (SoC).
Alphabet delivers strong performance despite EU fine
Google parent Alphabet shares lifted on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased concerns over huge fines imposed by the European Union for antitrust actions.
Telenor Group appoints new EVP
Telenor Group today announced that Anne Kvam has been appointed Executive Vice President and Chief Corporate Affairs Officer, effective latest 1 November 2018. Kvam succeeds Wenche Agerup, who is heading up a new unit in Telenor Group.
China Tower seeks $8.7 billion IPO
China's state-owned China Tower, the world's largest operator of telecommunications towers, announced it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest globally in four years.
Huawei says continuous bandwidth key driver for future 5G success
Chinese telecommunications behemoth Huawei has announced that continuous large bandwidth (100 MHz per operator) has become the key trend to drive future 5G business success. Huawei made the declaration at the Fourth Annual Asia-Pacific Spectrum Management Conference
Health records of 1.5 million Singaporeans stolen!
Hackers have stolen the health records of 1.5 million Singaporeans including Prime Minister Lee Hsien Loong, authorities said, with the leader specifically targeted in the city-state's biggest ever data breach.
US officially lifts export ban on ZTE
Chinese telecommunications behemoth ZTE has been rescued from the brink of collapse after the United States officially declared that the export ban on which prohibited US companies from selling key components to the Chinese vendor has been lifted.