The White House has intervened in a business transaction between a Chinese-backed private equity firm and a US chipmaker. US President Donald Trump has blocked Canyon Bridge Capital Partners planned $1.3 billion acquisition of Lattice Semiconductor Corp. The decision has sent a clear message to Beijing that Washington will vehemently oppose any takeover deals that involve technologies that may have potential military applications. The bid by the Chinese-backed equity company was one of the largest ever attempted on the US microchip sector.
Vodafone Australia unveiled plans to deliver “much needed simplicity” and service innovation for customers connecting to the nbn (“Australia’s new broadband network” replacing parts of the existing phone and internet infrastructure) in a bid to lift the fixed broadband experience in the country.
A Hong-Kong based start-up firm has announced that it has received $115m from US investors following a financing-round which was led by Chinese private equity fund New Margin Capital. TNG Wallet says the investment will be used to accelerate the expansion of its services across Asia.
PCCW Global’s existing premium always-on protected International Private Lease Circuit (IPLC) service by offering customers a quick-to-deploy and cost-effective business continuity service alternative.
Infinera and Seaborn Networks (Seaborn) tells us they have deployed Infinera’s new XTS-3300 meshponders on Seaborn’s Seabras-1 submarine cable to rapidly offer cloud connectivity services like SeaCloud™. Seabras-1 is the only submarine cable system with a direct connection between São Paulo, Brazil and New York City, enabling Seaborn to offer SeaSpeed™, its proprietary lowest-latency route, between these key global financial centers.
A huge increase in consumers using mobile data has been identified as one of the leading reasons the telecommunications sector in Thailand has made such a strong comeback following last year’s low. Thailand’s mobile industry has released its figures for the first half of 2017.
At HUAWEI CONNECT 2017 , Joy Huang Vice President of Huawei’s IT Product Line, in a keynote speech titled "All Connected, All Cloud, All Intelligent", announced six innovative solutions designed to help enterprises with digital transformation. The new solutions include innovations in hardware, software, data, connection, architecture, and hybrid cloud.
South Korean multinational conglomerate Samsung and Chinese vendor ZTE have both adopted aggressive strategies in relation to investment for 5G infrastructure – and many analysts are predicting that this approach will both disrupt and threaten the traditional trio of networks players which include Nokia, Ericsson and Huawei.
US search engine giant Google has formally announced its plans to launch its innovative free public Wi-Fi initiative in Indonesia following the success of the program in India. Google’s Wi-Fi project is entitled Google Station and it has been heralded as a brilliant success in India, since debuting in the region eighteen months ago.
Japan launched its third geo-positioning satellite into space on August 19, bringing the country closer to its goal of implementing a global positioning system (GPS) like the United States, to provide information for auto-piloting and also national security purposes.